Next Generation Partners

Banking and finance in Egypt

Al Kamel Law Firm

Al Kamel Law Firm‘s banking and finance group regularly acts as local counsel for international financial institutions, including advising the International Finance Corporation on loan transactions and facilities in Egypt. Founding and managing partner Mohamed Kamel, who has a proven track record in project finance work, leads the practice alongside Rasheed Kamel, an expert in securitisation and capital markets law. Shahira Khaled is also a significant presence in the team and has a solid reputation for her expertise in acquisition finance.

Responsables de la pratique:

Mohamed Kamel; Rasheed Kamel


Autres avocats clés:

Shahira Khaled


Principaux clients

Export-Import Bank of the United States


DEG – Deutsche Investitions- und Entwicklungsgesellschaft


Oesterreichische Entwicklungsbank


Nordea Bank


Palm Hills Developments


Al Tamimi & Company

Al Tamimi & Company has a long-established and enviable banking and finance offering in Egypt and across the MENA region. The practice is able ‘to deal with all problems effectively’, acting for clients such as major local and international banks, finance providers, and corporate and sovereign entities. Jody Waugh is the firm’s regional head of banking and finance, while associate Nour Gheith has experience of complex banking and project finance transactions across a diverse range of sectors.

Responsables de la pratique:

Jody Waugh


Autres avocats clés:

Nour Gheith


Les références

‘They always know what the client needs and always offer professional legal advice to deal with all problems effectively.’

‘All the lawyers are nice and professional and have great enthusiasm regarding the legal services.’

Principaux clients

First Abu Dhabi Bank Fab


HSBC Bank Middle East Limited


Standard Chartered Bank UAE


The European Bank of Reconstruction and Development (EBRD)


National Bank of Egypt


National Bank of Kuwait (Egypt)


Arab African International Bank


Intro Investments Holding Ltd


Abu Auf Holding Netherlands B.V. (Netherlands)


Mashreq Bank PSC


Abu Dhabi Commercial Bank


Arab African International Bank S.A.E


Al Tayseer International


Tabby


Helmy, Hamza & Partners (member firm of Baker & McKenzie International)

Helmy, Hamza & Partners (member firm of Baker & McKenzie International) offers a ‘diligent and alert’ banking and finance practice in Egypt, which is ‘highly knowledgeable’ across the gamut of acquisition, project and real estate finance, as well as bank lending, derivatives and regulatory matters. The Cairo-based team caters to a particularly broad span of clients, with a focus on major players in the financial services, renewable energy, transport and petrochemical sectors. Managing partner and practice co-head Mohamed Ghannam has vast experience of advising international and Egyptian governmental bodies. Co-head Lamyaa Gadelhak brings extensive expertise in project finance in the energy, mining and infrastructure sectors, while Mohamed Elharmy is a trusted advisor to numerous commercial lenders, ECAs, sponsors and borrowers.

Responsables de la pratique:

Mohamed Ghannam; Lamyaa Gadelhak


Autres avocats clés:

Mohamed Elharmy


Les références

‘They are reliable and business-minded.’

‘Lamyaa Gadelhak is innovative and very responsive.’

‘The team is diligent and alert, ready to take action with great knowledge, so it feels like any client can rely on the team with trust. They are disciplined and organised, bringing a high level of analysis of any subject and detailed recommendations wherever necessary.’

Principaux clients

ACWA Power


African Development Bank


African Export-Import Bank (Afrexim Bank)


Ahli United Bank (Uk) Plc


Alsubh Solar Power S.A.E


AMEA Power LLC


Arab African International Bank (AAIB)


Arab Banking Corporation


Arab International Bank


Attijariwafa Bank


Bank Of America Merrill Lynch


Banque Du Caire


Banque Misr


Baraka For Trade & Investment


BayWa R.E. Solar Projects Gmbh


Bechtel Egypt S.A.E.


Bechtel Limited


BLOM Bank SAL


Branch Of NJSC Naftogaz Of Ukraine


British American Tobacco Co., Egypt


Egypt Hydrocarbon Corporation S.A.E


Egypt Kuwait Holding Co., S.A.E


Egyptian Electricity Transmission Company (EETC)


HSBC Bank


Hutchison Ports Europe Ltd


International Finance Corporation (IFC)


Marakez Delta For Real Estate Projects


Mashreq Bank


MUFG Bank


National Bank Of Egypt


National Egyptian Railway Industries Company (NERIC)


National Service Projects Organization (NSPO)


New Renewable Energy Authority (NREA)


Orascom Development Egypt (ODE)


Rand Merchant Bank


Rawasy For Urban Development S.A.E


Rising Sun Energy S.A.E


Russian Industries Overseas Egypt Rio Llc


Sunrise Energy


The Egyptian Ministry Of Finance


The Sovereign Fund Of Egypt


Principaux dossiers


  • Acted as the Egyptian legal counsel to AMEA Power on the development and financing of a 500MW wind farm located in Ras Ghareb, near the Gulf of Suez, with a total investment cost of USD 709 million.
  • Acted for Banque Misr and Arab African International Bank (AAIB) as lenders’ counsel on a real estate facility granted to Al Alamia For Real Estate Investment, a fully owned subsidiary of Hassan Allam Group company.
  • Acted as English law and Egyptian law counsel to the National Bank of Egypt as a facility agent and leader of a syndicate of 24 banks, in relation to the financing and structuring of a security package for Evergrow, a leading local and regional company in the specialty fertilisers field.

Matouk Bassiouny & Hennawy

Considered by some as ‘the best law firm in Egypt’, Matouk Bassiouny & Hennawy is ‘highly knowledgeable and engaged’ with regard to all bank, non-banking financial institution and capital markets matters. The practice continues to maintain its traditional focus on large-scale financings, as well as expanding into new niche areas such as advising local banks on security perfection and sanctions-related restructuring. Regional managing partner and head of finance and projects Mahmoud Bassiouny is a trusted advisor to international commercial banks and export credit agencies. Ashraf Hendi is a key contact for project and equity finance transactions, and counsel Nadia Abdallah is well versed in significant transactions in the energy, logistics and infrastructure sectors.

Responsables de la pratique:

Mahmoud Bassiouny; Ashraf Hendi


Autres avocats clés:

Nadia Abdallah


Les références

‘Best law firm in Egypt. Highly knowledgeable and engaged. They act as partners to our firm and not just service providers. We use them for all our legal matters with respects to banks, NBFIs and capital markets activities (e.g. securitisations).’

‘Competent, with extensive experience. Able to come up with good solutions. Standouts include Mahmoud Bassiouny.’

‘Excellent team. They are our go-to firm for all banking and finance queries and matters in Egypt. They are very responsive and solution-oriented.’

Principaux clients

Red Sea Wind Energy S.A.E.


National Bank of Egypt


Banque Misr


Banque du Caire SAE


Eurogate


Arab African International Bank


Maridive


SACE SpA


HSBC Bank Middle East Limited


Happag Lloyd


Principaux dossiers


  • Represented Red Sea Wind Energy S.A.E., a consortium comprising ENGIE, Toyota Tsusho, and Orascom Construction, in connection with the development, design, construction, financing, operations and maintenance of a 500MW wind power plant project located on the Gulf of Suez.
  • Represented Maridive in connection with the restructuring of USD 219,370,176 Islamic and conventional facilities availed respectively by a syndicate of banks (Abu Dhabi Islamic Bank, Arab African International Bank, Arab International Bank (Cairo), Mashreq Bank, Industrial Development Bank and Sharjah Islamic Bank) and the EBRD.
  • Represented the lenders in connection with a EGP 6,373,000,000 long-term financing extended to First Design for Urban Investment and Development S.A.E. (the borrower) under an asset purchase and development transaction, involving the Arab Company for Projects and Urban Development S.A.E. in its capacity as seller and asset manager.

MHR & Partners in association with White & Case LLP

MHR & Partners in association with White & Case LLP‘s banking and finance practice is ‘one of the leaders in the market’ and regularly assists Egyptian companies with their overseas investments, as well as working with local and global corporates, financial institutions and government entities on complex financial transactions and disputes. Sherief Rashed is a standout figure within the practice and brings immense project and Islamic financing experience to the table, as is Ziad Gadalla, whose ‘deep knowledge and acquaintance with the market makes him a go-to person for banking and finance transactions’. Tarek Mohanna is also a key contact, especially for energy, infrastructure and project finance.

Responsables de la pratique:

Sherief Rashed; Ziad Gadalla


Autres avocats clés:

Tarek Mohanna


Les références

‘The firm’s banking and finance practice is one of the leaders in the market due to the strong track record of its team. Committing to high-quality service while accommodating the client’s business needs is one of the team’s strongest traits.’

‘Ziad Gadalla has shown an uncontested level of dedication and engagement which really differentiates him from other practitioners. Ziad’s deep knowledge and acquaintance with the market makes him a to-go-person for the banking and finance transactions.’

Principaux clients

National Authority for Tunnels (NAT)


TCI Sanmar


ZMI Group


ADES Group


Carbon Holdings


Abu Dhabi Islamic Bank


CI Capital


NI Capital


EFG Hermes


Tahrir Petrochemicals Company


Egypt Hydrocarbon Corporation (EHC)


Sixth of October for Real Estate and Development (Sodic)


Egyptian Ethylene and Derivatives Company (Ethydco)


HSBC


Commercial International Bank


Banque Misr


European Bank for Reconstruction and Development (EBRD)


African Export Import Bank (Afreximbank)


Arab Petroleum Investments Cooperation


Arab African International Bank


Principaux dossiers


  • Represented ADES Group in connection with the US$1.6 billion hybrid (conventional and Islamic) financing granted to ADES Arabia Holding JSC (a newly incorporated entity and one of the few holding companies incorporated in Saudi Arabia) and ADES Saudi Limited Company for the refinancing of existing debt and financing recent major acquisitions.
  • Advised ZMI Group, a major oil and gas services vessel operator/charterer, in connection with an up to US$500 million multi-tiered senior secured financing.
  • Advising on all aspects of the proposed petrochemical complex in Egypt.

Shalakany Law Office

One of the truly leading Egyptian firms’, the banking and finance group at Shalakany Law Office continues to be involved in high-value project finance transactions, especially in relation to wind energy projects. Mariam Fahmy leads the practice and regularly acts for both procurers and bidders on PPP projects, while senior associate Youssef Helmy has a solid track record of acting for commercial banks in the project financing space, especially on renewable energy projects. Aly El Shalakany is also a name to note.

Responsables de la pratique:

Mariam Fahmy


Autres avocats clés:

Aly El Shalakany; Youssef Helmy


Les références

‘The team were responsive and helpful. They made the division of labour clear which was helpful and kept us up to date.’

‘One of the truly leading Egyptian firms. Helpful, responsive, professional and capable. What more could one want?’

‘The team are knowledgeable and responsive.’

Principaux clients

Africa Finance Corporation (AFC)


The European Bank for Reconstruction and Development (EBRD)


Macquarie


Emirates NBD P.J.S.C


Enerflex


Zaki Hashem, Attorneys at Law

The banking and finance team at Zaki Hashem, Attorneys at Law is supported by its specialists in the corporate, capital markets and litigation departments to provide a full-service offering, covering a wide range of complex matters which spans acquisition and leveraged finance, securities lending and regulatory compliance. Of counsel Ragia Omran heads the practice and brings a proven track record of handling complex transactions including syndicated loan agreements. Responsible for advising non-banking financial entities, Helal El Hossary is a key contact for capital markets matters, as is Soha El Ezaby.

Responsables de la pratique:

Ragia Omran; Helal El Hossary


Autres avocats clés:

Soha El Ezaby


Principaux clients

Abu Dhabi Islamic Bank – Egypt (ADIB)


Accelero Capital and Planet Investment


Actis LLP


AIG Egypt Insurance Company


Alexandria Container and Cargo Handling Company SAE


Al-Ezz Steel


Alubaf Arab International Bank B.S.C.


Amer Group of Companies


Arab Bank


Arab Company for Asset Management and Development


Arafa Group of Companies


Attijariwafa Bank Egypt


Banca IMI S.p.A. UK


Beltone Capital


BPE Holding


Citigroup Global Markets Limited


Commercial International Bank Egypt (CIB Egypt)


Commercial International Investment Company (CIIC)


Consulya for Renting Administrative Units SAE


Corplease


Deutsche Bank


Dunia Finance L.L.C.


Eagle Chemicals


eFinance SAE


EFG Hermes


Egypt Factors SAE


Egypt Foods SAE


Egyptian Gulf Bank SAE


Engineering for the Petroleum & Process Industries (Enppi)


European University in Egypt (EUE)


Fawry for Banking Technology and Electronic Payments SAE


First Abu Dhabi Bank PJSC UAE


Ghabbour Group of Companies


Global Ventures


Gold Net


Hang Seng Bank Limited (HASE)


Hikma Pharma Egypt SAE


Holding Company for Investment & Development


Housing and Development Bank


HSBC Bank plc


International Finance Corporation (IFC)


J.P. Morgan Securities Plc UK


Juhayna


Madinet Nasr for Housing and Development (MNHD)


Mashreq Bank


Middle East Turnaround Investment (Haykala)


Misr Cement Company (QENA)


MM Holding for Paper and Packaging


Modern Nile Cotton


Morgan Stanley & Co. International plc UK


National Bank of Abu Dhabi PJSC


National Bank of Egypt


National Investment Bank


Natixis France


NI Capital Holding Company for Financial Investments


Novo Nordisk Egypt Pharmaceutical


Pachin


Palm Hills for Development


Project Agora


PV Hardware Solutions S.L.U


Qatar Islamic Bank (QIB)


Qatar National Bank (QNB)


Raya Holding for Financial Investment


Sanofi Egypt


Shahry for Consumer Finance SAE


Société de Promotion et de Participation pour la Coopération Economique (PROPARCO)


Speed Medical SAE


SP Legal Consultants


Standard Chartered Bank UAE


Talaat Mostafa Group of Companies


TBE Egypt for Solution and Payment Services SAE


The Industrial Fund for Developing Countries (IFU)


Vitas Egypt for Microfinance


Vodafone Egypt Telecommunications


Wadi Group


Zolo


Principaux dossiers


  • Advising the Cotton, Spinning, Weaving & Garment Holding on the Euro 540 million Facility Agreements from SACE S.p.A. and the Swiss Export Risk Insurance.
  • Advising Aman Financial Services SAE and Aman Consumer Finance SAE on the EGP 859 million securitisation bond issuance.
  • Acting as the sole legal counsel to German Automotive on the USD 40 million capital increase of Global Auto SAE.

Zulficar & Partners Law Firm

Zulficar & Partners Law Firm handles a steady stream of high-value banking, project and Islamic finance transactions, as well as advising lenders and borrowers on sophisticated syndicated loans, club deals and debt restructuring agreements. The team is led by the founding partner pair of Mona Zulficar, who is a project finance specialist, and Ashraf Ihab, who has a robust track record in a diverse range of complex transactions spanning credit facilities and debt restructuring agreements. Dania El Samad is also developing a strong project finance practice, regularly acting for a number of top lenders, borrowers, and governmental and corporate entities.

Responsables de la pratique:

Ashraf Ihab; Mona Zulficar


Autres avocats clés:

Dania El Samad


Principaux clients

Al Ahli Bank of Kuwait – Egypt


Al Ahli Bank of Kuwait K.S.C.P


Arab African International Bank


Arab Banking Corporation


African Export-Import Bank


Audi Bank


Banque Misr


Beltone Financial


Cairo Investment for Real Estate Development


Capital Med


Central Bank of Egypt


Citi Bank


Citadel Capital


Commercial International Bank


Credit Agricole Egypt


EFG Hermes


Egyptian Mud Engineering & Chemicals Co.


Egyptian Methanex Methanol Company, SAE


Fawry


Ghabbour Auto


GB Capital


MUFG Securities EMEA plc.


National Bank of Egypt


National Bank of Kuwait


National Automotive Company


Powertek (Formerly Tanjong)


SCATEC| Egypt


Sky Finance


Societe Generale Bank


Suez Canal Bank


The European Bank for Reconstruction & Development


The United Bank


The Bank of New York Mellon


The Bank of Tokyo-Mitsubishi


Principaux dossiers


  • Advised National Bank of Egypt, SAE on the syndicated long-term facility agreement amounting to EGP 2,000,000,000 to Bawabet Al Sharq New Cairo for Real Estate Investment Company S.A.E to partially finance the development cost of zones 2D and 3D of the City Gate project located in Cairo.
  • Advised Abu Dhabi Commercial Bank PJSC ISDA on the financing transaction referencing T-Bills under the ISDA Master Agreement and Schedule, the 1995 Credit Support Annex and the confirmation thereto between ADCB and Central Bank of Egypt.
  • Advised Cairo Investment for Real Estate S.A.E (CIRA) on the issuance of the first securitisation bonds against future financial rights in Egypt amounting to EGP 2,000,000,000.

ADSERO-Ragy Soliman & Partners

ADSERO-Ragy Soliman & Partners provides comprehensive advice across a wide array of transactions, including conventional, Islamic, acquisition, leveraged and project finance. Practice head Hossam Gramon is a recognised leader in private bond and sukuk issuances, as well as having strong skills in banking litigation and enforcement. He is supported by senior associate Karima Seyam, who regularly acts for local and international banks, companies and investment banks.

Responsables de la pratique:

Hossam Gramon


Autres avocats clés:

Karima Seyam


Les références

‘The team is very efficient and responsive. The firm’s internal cooperation is also smooth. We have worked with several partners in different areas in the firm and they have always been great. They are quite adaptable to different modes of billing.’

‘We have worked with Hossam Gramon’s team for many years. Hossam and his team have always been very client-oriented and provided high-quality work. They always meet the deadline. I would recommend the team to others.’

‘Adsero provided great advice on a borrowing contract from a legal standpoint and was also aware of the ongoing commercial terms of similar deals in the market.’

Principaux dossiers


  • Advised the Egyptian government represented by the Ministry of Finance on the first ever sovereign sukuk issuance in the international markets in the amount of USD 1.5billion and the establishment of a USD 5billion programme.
  • Advised the Egyptian government represented by the Ministry of Finance on the first ever samurai bond issuance in the Japanese markets in the amount of USD500 million.
  • Advised EBRD on its first green financing in the Egyptian market to Abou Ghaly Motors for the commissioning of 245 electric vehicles for USD100 million.

Shahid Law Firm

Shahid Law Firm is well known in the Egyptian market for its skill in handling core banking matters, covering such areas as the issuance of bank guarantees, hedge funds, syndicated loans, acquisition finance, and insolvency. Girgis Abd El-Shahid heads the team and brings over two decades of experience acting for both borrowers and lenders on project and equity finance transactions. Senior associate Nadine Khalil is also building a solid reputation for her project finance expertise.

Responsables de la pratique:

Girgis Abd El-Shahid


Autres avocats clés:

Nadine Khalil


Les références

‘The team has provided sound advice and we think that they have a good grasp not only of the legal aspects of the procedure but also of the operational and practical issues relevant in the relationship with the Egyptian authorities.’

‘Girgis Abd El-Shahid has a sound knowledge of the legal aspects of the deal and a pragmatic approach to the process.’

Principaux clients

Air Leisure


Arab Banking Corporation (ABC Bank)


Áridos Játiva S.L.


Banco de Sabadell, S.A.


Banque Misr SAE


Broseta Abogados


Caixabank, S.A.


Cementos La Union SA


China Development Bank


EDF Renouvelables


EgyptAir


Egyptian Ministry of Finance


El Nasr Automotive Manufacturing Co. (NASCO)


Globeleq Africa


Hybrid Capital Inc.


International Air Transport Association (IATA)


JP Morgan Chase Bank


King & Wood Mallesons


National Bank of Greece (NBG)


OiLibya


Scatec Sollar


UK Export Finance


Principaux dossiers


  • Representing UK Export Finance and several creditors in aircraft and engine financing transactions in Egypt, as part of EgyptAir’s plan to renew its aircraft arsenal.
  • Advised the China Development Bank with respect to the financing of the largest project in Egypt’s Suez Canal Economic Zone, a zone created specifically to encourage investment under a special law.
  • Advising FMO (the Dutch development bank) on the first three-year Egyptian pound loan facility for the equivalent of USD 700,000, entered into with the First Microfinance Company Egypt (FMF-E), which will be used to extend loans to female and young entrepreneurs.

Sharkawy & Sarhan Law Firm

Providing ‘clear and decisive advice on Egyptian law issues’, Sharkawy & Sarhan Law Firm has solid experience acting for financiers, developers and governmental authorities on a diverse range of cross-border transactions, particularly big-ticket financings and bank-to-bank lending. Ahmed Haggag leads the practice and brings extensive experience of handling complex transactions for key DFIs, export credit agencies and commercial banks.

Responsables de la pratique:

Ahmed Haggag


Les références

‘Efficiency and responsiveness.’

‘Really strong in every way. Knowledgeable, user friendly, efficient and responsive. A delight.’

‘The partners are super responsive, and give clear and decisive advice on Egyptian law issues.’

Principaux clients

The European Bank for Reconstruction and Development (EBRD)


British International Investment PLC (BII)


Mashreq Bank PSC


China Development Bank


International Finance Corporation (IFC)


National Bank of Egypt S.A.E


Banque Misr


Principaux dossiers


  • Advised the European Bank for Reconstruction & Development (EBRD) on a loan of up to USD 80,000,000 to Egypt Green Hydrogen S.A.E, guaranteed by, amongst others, one of the sovereign fund of Egypt’s sub funds to develop the country’s first green hydrogen facility in the Suez Canal Economic Zone and the first integrated green hydrogen plant in Africa.
  • Advised the European Bank for Reconstruction and Development (EBRD) on a loan of up to USD 100 million to Banque Misr.
  • Advised Mashreq Bank PSC on all Egyptian law aspects in relation to the financing granted to Telecom Egypt Company for the purpose of obtaining a licence for acquiring 5MHz spectrum in the 1800 MHz band.

ALC Alieldean Weshahi & Partners

The banking and finance team at ALC Alieldean Weshahi & Partners has carved out market recognition for its expertise in capital market transactions, with experience in sukuk issuances in relation to financial leases and real estate and trade receivables. The practice is jointly spearheaded by Bahaa Alieldean and Mahmoud Alaraby, both regularly navigating large organisations through complex banking and capital market transactions.

Responsables de la pratique:

Bahaa Alieldean; Mahmoud Alaraby


Principaux clients

Contact Group


Amer Group


CI Capital (previously Misr Capital)


AUR Capital Group


Al-Tawfeek Securitization Company S.A.E


Palm Hills Developments


EFG Hermes Group


Principaux dossiers


  • Advised Contact Financial Holding on Egypt’s first musharaka sukuk issuance for Palm Hills Development’s financing of the Badya real estate project.
  • Advised Contact Financial Holding on its 41st securitisation amounting to EGP 1.86 billion.
  • Advised Contact Financial Holding on its second mudaraba sukuk issuance.

Ibrachy Legal Consultancy

Ibrachy Legal Consultancy‘s banking and finance team continues to act for leading Egyptian multinationals and foreign clients, including the likes of the European Bank for Reconstruction and Development, the Commercial International Bank Egypt, Bank Audi Egypt and the National Bank of Greece. ‘Excellent lawyerAshraf Elibrachy leads the practice and is supported by Mostafa Elshafei and Sara Elshaarawy.

Responsables de la pratique:

Ashraf Elibrachy


Autres avocats clés:

Sara Elshaarawy; Mostafa Elshafei


Les références

‘Ashraf Elibrachy is an excellent lawyer.’

‘The team was diversified and had specific employees specialising in the different aspects of the banking project thus covering the full scope of the legal aspects of every task. Since the project was cross-border, the use of technologies was one of the main requirements and it was handled excellent by all parties.’

‘Ashraf Elibrachy and Mostafa Elshafei stand out because of their immediate replies to all issues with solid legal arguments and for investigating promptly and prioritising any query addressed to them. Also, they have scrutinised all the documents that were sent to them, providing their review of each item and their legal input.’

Principaux clients

National Bank of Greece


Oriental Weavers


Vantage Drilling International


DEG


International Finance Corporation (IFC)


Credit Agricole Egypt


European Bank for Reconstruction and Development (EBRD)


Commercial International Bank Egypt (CIB)


Bank Audi Egypt


Rizkana & Partners

Rizkana & Partners’ banking and finance team consistently demonstrates ‘professionalism, ingenuity and innovation in tackling complex legal issues’, acting for a broad range of major Egyptian and multinational banks, international financial institutions and corporations. Practice co-head Hazim Rizkana is well versed in representing banks in high-value investment disputes, while co-head Sherif El Hosseny offers extensive experience in large syndicated facilities and loans, project finance and debt restructurings.

Responsables de la pratique:

Hazim Rizkana; Sherif El Hosseny


Les références

‘Members of the firm have demonstrated professionalism, ingenuity and innovation in tackling complex legal issues and documentation referred to them for advice.’

‘Hazim Rizkana and the members of his firm have shown excellence in handling finance and credit and security legal matters.’