Hakim Law Firm has long and wide-ranging experience in counselling, litigating, arbitrating and advising mainly corporate clients in various fields
Areas of Practice
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Our experience includes incorporating one of the first two private banks in Syria and participating in the incorporation of the second one, work on licensing the first representation office of a foreign bank in Syria, establishing and advising the largest stock exchange brokerage and financial services in Syria, advising four local banks (subsidiaries of foreign banks) and international banks with interests in Syria and following-up litigation and arbitration related thereto; advised foreign banks and development institutions on the majority of project finance and syndicated loan projects that took place in the country in the past fifteen years, including three project finance deals in 2009 and 2010 (just before the start of the unrest in Syria). The firm continues to advise on financial operations connected to securities, the Syrian Stock Exchange and financial market, as well as drafting model contracts for banks.
In the field of insurance, acting for several Syrian insurance companies, creating one of the first Syrian private insurance companies and handling litigation and arbitrations on insurance matters.
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Working on most, if not all, the bank and insurance acquisitions that took place during the five years preceding 2025. Other M&A works involved oil and gas, pharmaceutical and other industrial projects.
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Assisting foreign companies in their contracts, projects and disputes, including construction and turnkey projects, procurement of goods and services, BOT contracts, licensing public concessions. The firm’s activity included the largest motorway and bridges projects that started before the war in Syria, advising on various aspects during the construction phase then throughout the various arbitrations that took place during the war.
In the oil and gas sector, working for several foreign oil and gas companies with exploration and production activities. The work included working on the legal matters of the biggest oil and gas investment of the past 35 years from the beginning of the project. The firm also accompanied other oil and gas companies from the beginning of their projects until the winding up or sale of their interests. It also represented several foreign oil and gas companies in acquiring or selling interests in oil and gas fields from/to other foreign oil companies. The firm also assisted on litigation, arbitration and other legal matters related to their projects.
In the transport sector, working on civil aviation airplane purchase contracts, representing airline companies. Assisting the largest franchisee in Syria of an international courier and logistics company, as well as advising an international logistics company.
In industry, working on creating and licensing industrial projects in various fields.
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Commercial law including advising and litigating in agreements concerning commercial agency, distribution franchise or manufacturing under license and investment incentives.
Corporate law including creating various types of Syrian companies and providing studies and services in that respect, including public offerings (IPO), capital increases of publicly listed companies etc. Listing companies on the Damascus Stock Exchange, selling and winding up companies and branches of foreign companies.
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Litigation in commercial, civil and contracts with the public sector, mainly representing foreign and local contractor and supplier companies in disputes opposing them to the public sector and State entities.
Arbitration: Ad hoc or institutional, in disputes involving private sector parties or foreign companies, including on large infrastructure projects with the public sector and insurance, as well as publishing on arbitration matters. Two partners in the firm have been representing Syria at the Court of Arbitration of the International Chamber of Commerce since 2018.
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Creating and following up all legal matters and litigation of one of the two private mobile phone operators in Syria (from Year 2001 onwards). Working on one of the two telecom licenses (from Year 2015 onwards) and continuing to advise the private Licensee.
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Working on real estate construction and acquisition operations. Advising, in cooperation with another Syrian firm, on the largest real estate development project held by a non-Syrian company, a project that stopped with the beginning of the war in Syria.
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Assisting a number of firm clients on various employment and labor law matters, including on employment contracts matters, disputes and social security matters.
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Advising and litigating for several large multinational firms on licenses and infringements.
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Continuing to work for several development and non-profit organizations, some of them owned by European and East Asian States.
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Providing advice and studies to a number of clients of the firm.