KUWAIT: 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 7th consecutive year been awarded the prestigious "National Law Firm of the Year Award" for 2015 presented by the International Financial Law Review (IFLR), the leading market guide for financial law firms worldwide. The awards ceremony that was held on 28th October 2015 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 was also nominated for its roles in four other major transactions namely, for debt and equity-linked deal of the year - the Burgan Bank Tier 1 bond issuance, for project finance deal of the year - the Sulaibiya waste water project, the restructuring deal of the year - the Gulf Bank Al Mal restructuring, and for the domestic deal of the year - the Mezzan Holding IPO.
Mr. Sam Habbas - Senior Partner at ASAR noted that: "We are delighted for our firm to receive the IFLR Kuwait National Law Firm of the Year Award for the seventh consecutive year. It was a hugely successful evening for the firm at this year's IFLR Middle East Awards ceremony. We feel that this is a testament to the strength of our position as market leaders in Kuwait, and our firm's commitment to consistently delivering legal services of the highest order so as to best position our clients to successfully close some of Kuwait's ground-breaking and innovative transactions. We intend to continue offering cutting - edge legal counsel to our clients, across all sectors."
Quality legal work
Ahmed Barakat - Managing Partner at ASAR noted that: "It is gratifying and humbling to win the IFLR National Law Firm of the Year award for the seventh year in a row. It is a testament to the success of our model focusing on quality legal work, coping with clients' practical needs and fostering a family environment at our office. This continuous recognition by our peers in the legal community is bound to make us redouble our efforts to provide better service to our ever growing client base."
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, 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 and the Legal 500. The firm also won the "Best Restructuring Deal in the Middle East" award by IFLR during the same year. 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. This year, ASAR lawyers also received multiple awards under different categories in the Fourth Edition of 'Best Lawyers' in Kuwait.