Corporate & Commercial
Our corporate and commercial practice encompasses several specialty practices, and is focused on supporting the general business needs of our clients, primarily in aviation, financial, hospitality, telecom and construction sectors.
Foreign investments
We have assisted a vast array of foreign investors (including major international hotel operators, owners, telecom companies, construction companies and other investors) obtain foreign investment approvals and register businesses in the Maldives, as efficiently and quickly as possible.
Mergers and acquisitions
We support buyers and sellers at all stages of transaction and advise on the full range of deal structures. We acted for the Blackstone Group in 2014 for the acquisition and merger of world’s largest seaplane operations by Maldives Air Taxi and Trans Maldivian Airways. We also acted for Blackstone on the sale of the business in 2018 to Bain Capital and the Tempus Group.
Joint ventures
We have advised on various high-profile joint ventures and strategic alliances. Our experience includes advising on the joint venture of the Cosmopiltan Group – one of the largest food suppliers in Maldives, between Champa Group and Denmark-based Wrist Group, and the strategic venture between EON Resorts and Abu-Dhabi based Mubadala Group for operation of a Viceroy hotel in Maldives.
Commercial
We advise leading corporations and financial institutions on the full range of commercial issues and support them on the commercial contracts and projects. We provide day-to-day commercial advise to financial institutions such as HSBC, Bank of Ceylon, and Mauritius Commercial Bank, and hotel operators such as Shangri-la, One&Only Resorts, Waldorf Astoria, and Ritz Carlton.
Public companies
Maldives based public companies often seek our services and we routinely handle the array of issues affecting public companies, including corporate governance and equity offerings. We have advised almost all public companies in the Maldives, including Maldives Transport and Construction Company, Allied Insurance, State Trading Organisation, Ooredoo Maldives etc.
Commercial and corporate litigation
Our litigation lawyers draw on extensive trial experience to help high-profile corporations, institutions and individuals facing a host of complex commercial and corporate disputes, including joint venture and shareholder disputes. We have successfully represented clients – including Hitachi, VB Brothers, Champa Group, etc – in commercial and corporate disputes.
Corporate services
We have a dedicated team to providing corporate secretarial services to our clients and continue to provide secretarial services to a wide array of clients over all industry sectors.