Norton Rose Fulbright
Transcription
Norton Rose Fulbright
Financial institutions Energy Infrastructure, mining and commodities Transport Technology and innovation Life sciences and healthcare Norton Rose Fulbright In Morocco Norton Rose Fulbright North Africa has rich natural resources and an advanced financial institutions sector; its wealth is growing rapidly. We have been active in the region for 15 years, advising corporates, financial institutions and state entities. Our presence in Morocco and support from experienced lawyers across Norton Rose Fulbright offices allow us to provide broad corporate and commercial advice to regional organisations and to foreign investors in North Africa and francophone subSaharan Africa. We are strong in energy, infrastructure, telecommunications, financial institutions and real estate. We advise on local and international law. 02 Norton Rose Fulbright Morocco Offices Casablanca Lawyers in Casablanca 10 Partners in Casablanca 2 Tier 1 Alain Malek – General business law Tier 1 Algeria, Morocco, Tunisia (international firms) Chambers Global – Morocco 2015 IFLR 1000 2014 Tier 1 Corporate and M&A Projects and public law Tourism and real estate Tier 1 Corporate/commercial Chambers Global – Africa-wide 2015 Legal 500 EMEA – Morocco 2015 Norton Rose Fulbright 03 Norton Rose Fulbright Casablanca Morocco’s geographical position and its sophisticated regulatory framework combine to make it a natural regional hub for trade with Europe and with French-speaking central and west African countries. We established an office in Casablanca in 2011 in recognition of its importance to the region. Morocco’s compelling record of investments in its infrastructure is an indicator of its future ambitions, as is its progress in developing renewable energy sources to offset its dependence on imported energy. Our global legal practice in Morocco has an established reputation for its knowledge of legal and economic issues, combined with a deep understanding of the country’s cultural and political background. We are also well positioned to assist clients across our key industry sectors as they expand into sub-Saharan Africa. Practice strengths Selected clients Antitrust and competition Abeinsa Business Development Banking and finance Abraaj Capital Capital markets (debt, equity) AIG Compliance Akwa Group Corporate, M&A and securities Alliances Développement Immobilier Islamic finance Attijariwafa Bank Project finance Caisse de Dépôt et de Gestion Real estate Chevron Regulations and investigations Compagnie Générale Immbilière Delta International Property Fund GDF Suez/La Compagnie du Vent Industry strengths Groupe Avril Energy Label’Vie/Carrefour Financial institutions Maersk Drilling Infrastructure Maghreb Steel Real estate Mandarin Oriental Hotel Technology and innovation Moroccan Agency for Solar Energy Transport Palmeraie Développement Holcim Société Générale Vermeg 04 Norton Rose Fulbright ‘Norton Rose Fulbright is praised for its “mastery of the M&A process and good knowledge of the Moroccan legal environment”. It continues to receive instructions from longstanding clients – both domestic and international – and also picked up a number of new clients in key sectors such as energy, financial services and logistics.’ Legal 500 2015 ‘Alain Malek manages the Casablanca office as well as the firm’s North African group. He focuses on M&A transactions and is praised for his “very strong and deep knowledge of the Moroccan market.”’ Chambers Global 2015 ‘Anne Lapierre leads the energy practice at Norton Rose Fulbright. She advises lenders and investors on project financing and development as well as corporate transactions in the energy space.’ Legal 500 2015 Morocco Casablanca highlights Contacts Morocco enters second and third phases of solar plan We are advising the Moroccan Agency for Solar Energy (MASEN) on the call for tenders to develop, finance, build, operate and maintain the second and third concentrated solar power phases of the NOOR solar power complex in Ouarzazate, Morocco, for an aggregate capacity of 300MW. This is the first in a series of vast solar projects planned in Morocco; the country is aiming to become a world-class renewable energy producer for both internal consumption and export. Alain Malek Partner Norton Rose Fulbright Morocco, SARL Tel +212 529 09 00 60 [email protected] Morocco’s largest capacity desalination plant in Agadir We advised InfraMaroc, the investment fund sponsored by Moroccan Caisse de Dépôt et de Gestion, on the negotiation and signature of a PPP agreement between Morocco’s national electricity and water company (ONEE) and InfraMaroc in an alliance with Abengoa. This agreement is to build Morocco’s largest capacity desalination plant to date in Agadir. Delta International Buys Morocco’s AnfaPlace Shopping Center We advised the South African fund, Delta International Property Fund, on the acquisition of the AnfaPlace Shopping Center, one of Morocco’s premier malls, and one of Casablanca’s key development projects. Anne Lapierre Partner – Head of Energy for EMEA Norton Rose Fulbright Morocco, SARL Tel +212 529 09 00 60 [email protected] Vivendi divests Maroc Telecom stake in Etisalat We advised the Moroccan government on the sale of Vivendi’s shareholding in Maroc Telecom to Etisalat, a major M&A transaction in the Moroccan Kingdom. The Emirati telecoms group acquired 53 per cent control of Maroc Telecom, and the Moroccan state remains a minority shareholder. Norton Rose Fulbright Morocco, SARL Immeuble Merbouha, 10 bis rue Ali Abderrazak Casablanca Morocco Moroccan state to sell 30 per cent of Marsa Maroc through an IPO We are assisting the Moroccan government with the privatisation of Marsa Maroc, the Moroccan port terminals and installations operator, in conjunction with Attijari Finances Corp and Roland Berger. The Moroccan state plans to sell 30 per cent of Marsa Maroc’s capital through an IPO. Tel +212 529 09 00 60 Fax +212 529 09 00 61 Alliances Développement Immobilier builds Tangier resort RD PT ’A DD BOU NFA L E VA RD A L MA SS IRA AL K HAD R A RR DE AO AB KH EV RU UL EA LI SA EA S RU BO B LV AK RD A VELOD AZ L E VA ABI UI BOU BDEL H AT T EL K KRIM DU ME RO We are advising Alliances Développement Immobilier on the development and operation of the Lixus Marina golf resort located in southern Tangier, which includes hotels, villas, apartments and leisure centers. AR DB IR AN ZA RUE RA ABO NE Norton Rose Fulbright 05 L UA MA HA S N SI E RO YA NI Norton Rose Fulbright Global resources Global resources Norton Rose Fulbright is a global legal practice. We provide the world’s pre-eminent corporations and financial institutions with a full business law service. We have more than 3800 lawyers and other legal staff based in more than 50 cities across Europe, the United States, Canada, Latin America, Asia, Australia, Africa, the Middle East and Central Asia. Our office locations People worldwide 7400 Legal staff worldwide 3800+ Offices Europe Latin America Africa Amsterdam Milan Bogotá Bujumbura3 Athens Moscow Caracas Cape Town Brussels Munich Rio de Janeiro Casablanca Frankfurt Paris Hamburg Piraeus Asia Durban London Warsaw Bangkok Harare3 Beijing Johannesburg United States Dar es Salaam Hong Kong Kampala3 50+ Austin New York Jakarta Dallas Pittsburgh-Southpointe Shanghai Middle East Denver St Louis Singapore Abu Dhabi Houston San Antonio Tokyo Bahrain Key industry strengths Los Angeles Washington DC Financial institutions Minneapolis 1 Dubai Australia Energy Riyadh2 Brisbane Infrastructure, mining and commodities Canada Melbourne Central Asia Transport Calgary Québec Perth Almaty Montréal Toronto Sydney Technology and innovation Life sciences and healthcare 06 Norton Rose Fulbright Ottawa 1 Susandarini & Partners in association with Norton Rose Fulbright Australia 2 Mohammed Al-Ghamdi Law Firm in association with Fulbright & Jaworski LLP 3 Alliances Norton Rose Fulbright Norton Rose Fulbright is a global legal practice. We provide the world’s preeminent corporations and financial institutions with a full business law service. We have more than 3800 lawyers and other legal staff based in more than 50 cities across Europe, the United States, Canada, Latin America, Asia, Australia, Africa, the Middle East and Central Asia. Recognized for our industry focus, we are strong across all the key industry sectors: financial institutions; energy; infrastructure, mining and commodities; transport; technology and innovation; and life sciences and healthcare. Wherever we are, we operate in accordance with our global business principles of quality, unity and integrity. We aim to provide the highest possible standard of legal service in each of our offices and to maintain that level of quality at every point of contact. Norton Rose Fulbright US LLP, Norton Rose Fulbright LLP, Norton Rose Fulbright Australia, Norton Rose Fulbright Canada LLP and Norton Rose Fulbright South Africa Inc are separate legal entities and all of them are members of Norton Rose Fulbright Verein, a Swiss verein. Norton Rose Fulbright Verein helps coordinate the activities of the members but does not itself provide legal services to clients. References to ‘Norton Rose Fulbright’, ‘the law firm’, and ‘legal practice’ are to one or more of the Norton Rose Fulbright members or to one of their respective affiliates (together ‘Norton Rose Fulbright entity/entities’). No individual who is a member, partner, shareholder, director, employee or consultant of, in or to any Norton Rose Fulbright entity (whether or not such individual is described as a ‘partner’) accepts or assumes responsibility, or has any liability, to any person in respect of this communication. Any reference to a partner or director is to a member, employee or consultant with equivalent standing and qualifications of the relevant Norton Rose Fulbright entity. The purpose of this communication is to provide information as to developments in the law. It does not contain a full analysis of the law nor does it constitute an opinion of any Norton Rose Fulbright entity on the points of law discussed. You must take specific legal advice on any particular matter which concerns you. If you require any advice or further information, please speak to your usual contact at Norton Rose Fulbright. © Norton Rose Fulbright Morocco, SARL NRF21881 05/15 (UK) Extracts may be copied provided their source is acknowledged. Law around the world nortonrosefulbright.com