Shalakany is pleased to announce its successful representation of a major hotel management company in an arbitration claim regarding the repayment of a loan agreement. Shalakany acted as sole legal counsel for the client and obtained a favorable award in the arbitration proceedings initiated by its client against a major touristic company.
Adam El Shalakany, Senior Partner in the firm’s Disputes Group, said “We are very delighted to have added this win to our portfolio as Shalakany represents most of the blue chip hotel owners and operators across Egypt with a particular focus in the Red Sea, Sharm El Sheikh, North Coast and Cairo. This is also the client’s second win in a row, so the client is very grateful and we are looking forward to similar future successes.”