Banking

Banking

We have acted for various foreign and local banks including:

  • HSBC Pakistan and Askari Commercial Bank, on the drafting, review, and revision of loan documentation, including syndicated finance agreements, security documents, and bank guarantees.
  • Pakistan Counsel to Nissho Iwai Corporation and other international lenders, advising on the financial restructuring of a major Independent Power Producer (IPP) in Pakistan.
  • Advised on the legal framework for the rescheduling of Pakistan’s sovereign debt from the Government of Japan.
  • Provided legal advice to both domestic and foreign banks from time to time on regulatory VIII issues including Prudential Regulations, foreign exchange regulations, advising an investment company in connection with acquisition of a bank in Pakistan. and compliance matters.
  • Advised an investment company on the acquisition of a bank in Pakistan, ensuring regulatory and transactional compliance.
  • Represented Saudi Pak Commercial Bank Limited in legal proceedings challenging the vires of a banking recovery statute.