Abdullah A. Alsaeed

Mr. Alsaeed’s experience includes advising:

Regulatory**

• The Council of Cooperative Health Insurance (CCHI) with drafting the Cooperative Health Insurance Law and its internal regulations
• The Ministry of Sports with drafting various sports regulations
• NCP on various PPP projects
• Saudi Port Authority (Mawani) on the negotiation of three new container terminal concessions (BOT) for Jeddah Islamic Port and King Abdulaziz Port, Dammam 
• The Saudi Arabia Capital Markets Authority in connection with various regulations, including drafting Mergers and Acquisition Regulations 
• A government transportation authority in updating major sector regulations, including drafting the Public Roads Regulations with the Public Transpiration Authority
• Drafting the Local Content and SMEs Rules, with the Local Content and Government Procurement Authority
• Drafting the Investment Law with the Ministry of Investment (ongoing - the law was published for public consultation)
• Drafting a number of authorities’ bylaws (such as the King Salman Park Foundation, the Sports Boulevard Foundation, and many others)
• Researching various Saudi Arabian laws, such as companies’ law, capital markets law, labour law and others
• Government entities with several regulatory reform projects resulting in new regulatory frameworks and legislation

Disputes and Restructuring**

• The Creditors Committee in relation to the financial restructuring procedure for Ahmad Hamad Al-Gosaibi & Bros. Company and its general partners under the Insolvency Law, which at SAR32 billion (circa. US$8.3 billion) is the second largest debt restructuring in the MENA region
• Al-Rajhi Bank (the largest Islamic bank in the world), as creditor, in connection with the debt restructuring of Hidada Contracting Co. Ltd, a leading construction companies in Saudi Arabia, pursuant to the Bankruptcy Law
• The Creditors Committee on the financial restructuring of Balsharaf – the largest retail, food, and confectionary to date in the Kingdom of Saudi Arabia
• A Saudi listed company in the Commercial Court in connection with its ownership rights in its subsidiary
•  A US public company in relation to a dispute concerning a representation in a huge government project in Saudi Arabia
• A Saudi financial institution in relation to numerous disputes concerning margin loan transactions
• A listed petrochemicals company in a number of commercial and administrative disputes and corporate governance litigations against the board of a subsidiary in commercial court
• A company specializing in maintaining and operating airplanes in a dispute with a contractor
• A multi-billion-dollar investment company in Saudi Arabia in an arbitration with a consultant
• A Saudi public company in relation to a dispute concerning its trademark
• A US public company in relation to a Serious Fraud Office investigation in Saudi Arabia
• A company in a market manipulation case
• Public companies in connection with white collar matters

Corporate and Capital Markets**

• ArcelorMittal Tubular Products Jubail Company, ArcelorMittal’s Saudi Arabian joint venture with the Public Investment Fund (PIF), on its acquisition of Jubail Energy Services Company (JESCO) from TAQA Industrialization and Energy Services Company
• Several companies in connection with their IPOs and listings on the Saudi Stock Exchange (Tadawul)
• A Saudi family group in its corporate reorganization in anticipation of a potential IPO on the Saudi Stock Exchange (Tadawul)
• A GCC retail group with its corporate reorganization in anticipation of a potential IPO on the Saudi Stock Exchange (Tadawul)
• A government defense authority concerning the entity’s corporatization and restructuring
• A Saudi Government entity in relation to investment into the start-up ecosystem
• International and major local investors in relation to incorporation of companies in Saudi Arabia involving various laws such as the companies law, capital markets law foreign investment law, commercial agencies law and others
• Drafting due diligence reports relating to IPOs and acquisitions in diverse industries 
• Several corporations on matters regarding to Saudi and Shari’ah law 

** Firm experience prior to April 2023 includes work completed both at Latham and the Law Firm of Salman M. Al-Sudairi.

Thought Leadership

• “COVID-19: Legal Issues and Considerations for Businesses in Saudi Arabia” Latham & Watkins Client Alert (May 2020)
• “Addressing COVID-19 Related Financial Challenges in Saudi Arabia” Latham & Watkins Client Alert (April 2020)