ASAR – Al Ruwayeh & Partners Bags Three International Awards Including the IFLR ‘National Law Firm of the Year’ Award
Recognized for its exceptional service across the country’s noteworthy deals for the 9th year in a row
Kuwait – 18 October 2017: ASAR – Al Ruwayeh & Partners (ASAR), Kuwait’s leading and most prominent corporate law firm, and one of the region’s top tier firms, is pleased to announce that it has for the 9th consecutive year been awarded the prestigious “National Law Firm of the Year Award” for 2017 presented by the International Financial Law Review (IFLR), the world’s leading market guide for corporate and financial law firms worldwide. The awards ceremony that was held on 18th October 2017 at the Burj Al Arab hotel, Dubai, saw the attendance of partners and representatives from other leading GCC and international law firms.
In addition to winning the above award, ASAR also won two other awards, namely, the “IFLR M&A Deal of the Year Award” in relation to ASAR’s role as Kuwait law counsel to Adeptio AD Investments SPC Limited who acquired a 93.4% stake in Kuwait Food Company (Americana), and the “IFLR Restructuring Deal of the Year Award” in relation to ASAR’s role in acting as Kuwait law counsel to the various creditors in respect to the restructuring of the debt of Adeem Investment and Wealth Management.
Mr. Sam Habbas– Senior Partner at ASAR noted that: “This was an outstanding year for ASAR at the IFLR Awards Ceremony. Not only were we awarded the National Law Firm of the Year Award for the 9th consecutive year, but we were also fortunate enough to be awarded both the IFLR M&A, and Restructuring, deals of the year, and to also have been nominated in many other deal categories. The winning of these awards is a testament to the quality of our clients, the absolute level of trust that they have in our firm in handling their commercial transactions, and of course, because of the high level of skill, dedication and quality of service which all of our lawyers in both Kuwait and Bahrain consistently deliver to our clients. As always, putting our clients first is a cornerstone principle of ASAR; their success is our success.”
Ahmed Barakat – Managing Partner at ASAR noted that: “It is such a great honor for our firm to have been awarded the Kuwait National Law Firm of the Year Award for a ninth consecutive year. We are also delighted to have won the IFLR M&A, and Restructuring, deals of the year. The winning of these awards reflects the strength and depth of our practice, and the tremendous effort of all of our lawyers in Kuwait and in Bahrain. It also reflects our firm’s commitment to excellent client service and our consistency in advising on the most ground-breaking and innovative transactions. We intend to continue offering cutting–edge legal counsel to our clients across all sectors in Kuwait and in Bahrain.”
With dedicated offices in Kuwait and Bahrain coupled with its associated offices and relationships, ASAR provides clients across an extensive range of industry sectors with comprehensive legal advice and support for their business activities in Kuwait, Bahrain, across the GCC and beyond.
The firm has been consistently rated as the leading corporate and commercial law firm in Kuwait by reputable legal guides such as the Chambers Global Guide, International Financial Law Review (IFLR) and the Legal 500. In 2017, ASAR was awarded with the “IFLR National Law Firm of the Year Award”; an award which ASAR has been delighted to receive for the 9th consecutive year. Also in 2017, the firm won the “IFLR M&A Deal of the Year Award” and the “IFLR Restructuring Deal of the Year Award”. Further, the firm won the prestigious “2014 Commercial Litigation Law Firm of the Year” and the “2014 Best Banking and Finance Legal Team –Kuwait” awards from Acquisition International Magazine in 2014.