Banking Law
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A major component of the Firm’s banking practice consists of advising banks and other financial services clients around the world on a wide range of domestic and international extensions of credit, such as secured and unsecured credit facilities, syndicated and nonsyndicated, and single and multicurrency-denominated facilities. These include acceptance and letter of credit facilities, receivable and other asset-based financings, and project loans of all types, as well as structured commercial paper programs and commercial paper backup facilities.
Our lawyers also have significant experience in the structuring and implementation of financial transactions compliant with Islamic law, including: the use of an 'adl (trustee-arbitrator) in a wide variety of transactions; the contracts of ijāra (lease) and ijāra wa l-'iqtinā (lease purchase); Istisnā (contract of construction or manufacture); Mudāraba (capital and services partnership); Murābaha (cost plus profit sale contract); Takāful (Islamic cooperative insurance); Bay' al-'arbun (option sale transaction); various forms of commodity trade transactions; standard form documentation; and investment funds and unit inked products.
The Firm also advises clients on the many issues related to managing, operating, and controlling banking institutions. We advise on the broad range of organizational forms through which banking organizations may conduct their banking operations in the United States. As the boundaries of permissible activities expand, we counsel clients on extending their services into new areas. We have been at the forefront of advising commercial banking clients as they push forward into the investment banking business.
Our lawyers also have significant experience in the structuring and implementation of financial transactions compliant with Islamic law, including: the use of an 'adl (trustee-arbitrator) in a wide variety of transactions; the contracts of ijāra (lease) and ijāra wa l-'iqtinā (lease purchase); Istisnā (contract of construction or manufacture); Mudāraba (capital and services partnership); Murābaha (cost plus profit sale contract); Takāful (Islamic cooperative insurance); Bay' al-'arbun (option sale transaction); various forms of commodity trade transactions; standard form documentation; and investment funds and unit inked products.
The Firm also advises clients on the many issues related to managing, operating, and controlling banking institutions. We advise on the broad range of organizational forms through which banking organizations may conduct their banking operations in the United States. As the boundaries of permissible activities expand, we counsel clients on extending their services into new areas. We have been at the forefront of advising commercial banking clients as they push forward into the investment banking business.
