KSA Civil Code
The KSA Civil Transactions Law: Impact on key contractual provisions in the context of transactions for the sale and purchase of shares/quota or assets
08 November 2023
Elie is a legal director in Clyde & Co’s corporate group. He advises multinational corporations, foreign investors and local businesses on mergers and acquisitions (M&A), disposals, joint ventures (JVs), restructurings, foreign direct investment (FDI), corporate governance and compliance, and general corporate matters. Elie focuses on Saudi Arabia.
Direct Lines
+966 11 253 2174 +966 56 983 5923 elie.mikhael@clydeco.comMain Office
Riyadh
+966 11 253 2100 +966 11 229 2462Regional experience
Full Profile
Elie has advised on a number of corporate transactions, working with clients operating in the healthcare, hospitality, insurance and reinsurance, professional practice, retail and consumer, and trade and commodities sectors.
Elie is a member of the Beirut Bar Association. He graduated with a Master of Laws degree (LLM) in banking and finance law from Université Panthéon Assas - Paris II, France in 2013, a Master of Laws degree (LLM) in private and business law from Saint Joseph University of Beirut, Lebanon in 2011, and a Bachelor of Laws degree (LLB) from Saint Joseph University of Beirut, Lebanon in 2010.
Prior to joining Clyde & Co, Elie worked at PwC Legal Middle East, international and regional law firms as well as a global company in Saudi Arabia.
Elie is fluent in Arabic, English and French.
Experience
- Advising a global company on various regional acquisitions and disposals, including cross-border and multi-territory acquisitions of assets and shares.
- Advising a Kuwaiti group on the economic concentration aspects under the Saudi Competition Law, and with obtaining a certificate confirming that a notification is not required from the General Authority for Competition (GAC) in Saudi Arabia.
- Advising two Saudi groups operating in the real estate & retail and pharmaceutical sectors on the restructuring of their group entities in Saudi Arabia.
- Advising a world-renowned energy solution provider on their Joint Venture arrangement in Saudi Arabia.
- Advising various multinational companies (involved in various sectors, including healthcare, technology, trading and construction) on the structuring of their local presence in Saudi Arabia and assisting with the establishment process.
- Advising various multinational companies on the Saudi Regional Headquarters (RHQ) Programme and assisting with the RHQ establishment process.
- Carrying out a due diligence on a CMA investment fund to highlight risks of non-compliance with the fund’s terms and conditions and CMA regulations.
- Advising a global company on corporate governance matters and processes.
- Advising multinational companies and foreign investors on a broad range of commercial arrangements, including JV agreements, shareholders’ agreements, agency agreements, distribution agreements, franchise agreements, consultancy agreements, services agreements and licensing agreements.
*Experience gained prior to joining Clyde & Co.