The Firm advised on a US$180 Million multi-business family debt restructuring | Abou Jaoude & Associates

The Firm advised on a US$180 Million multi-business family debt restructuring

July 2010

The Firm successfully closes a $180 Million multi-business family debt restructuring, the biggest in Lebanon’s recent history, involving a large real estate portfolio. The Firm’s work spun over 8 years and covered the legal review of all the existing assets of the debtors, negotiations with several banks, creditors and the Central Bank of Lebanon, drafting of all documentation related to the transfer/mortgage/pledge of various real and movable assets as well as the various settlement agreements.