The firm has developed first-rate relationship as local counsel of leading international public and private financial institutions, particularly in connection with the financing of important projects in the fields of tourism and hotels, energy, aviation, ports and telecommunications. The services rendered relate overall to the legal and financial structuring of such large-scale operations, including the negotiation and drafting of security documents, notably under Moroccan law.
The aviation sector and particularly the aircrafts financing, is quite complex due to entanglement of multiple international and sometimes narrow national rules that should be included in any transaction in this field, such as the various types of aircraft financing contracts in multiple leasing modes, asset-based financing or others.
Hajji & Associés has developed a confirmed expertise in both tourism and hotel activities. Important integrated tourism projects in the North and South of Morocco have resorted to the firm’s services from the beginning of the negotiation phase of the investment agreements with the Moroccan State to the projects implementation through the land acquiring, the equipment installation as well as the hotel and residential contracts conclusion with specialized managers and purchasers of real estate located in these complexes.
Since the launch in Morocco of main projects including renewable energy in particular, the firm has intervened over several years as counsel to the owner of the Noor solar power plants in Ouarzazate for the examination under local law of the legal conditions allowing to secure the various contracts that had to be concluded with the constructors, the offtakers, the national and international financial institutions involved in the project, and the local authorities.
Hajji & Associés intervenes on a regular basis on inter-companies’ M&A transaction, Partial Contribution of Assets, or joint-ventures with the implementation of legal due diligence followed by the drafting of appropriate contracts subject to Moroccan law in French and English language.
In the event a company faces difficulties that threaten its continuity, some legal measures should be considered, such as those relating to the prevention of company’s difficulties, which may be followed by process for the company’s reorganization or liquidation. The firm has intervened in various similar matters, the most recent and emblematic of which concerns the representation of a foreign investor for his claim of 220 million US dollars as well as the monitoring of all the actions undertaken by third parties, the judicial liquidator or the bankruptcy judge against the industrial unit of hydrocarbon refining that entered into liquidation.
Hajji & Associés’ senior lawyers have intervened on several occasions in ad hoc or institutional arbitration disputes in Morocco and abroad as counsel for one party, as co-arbitrator or third party arbitrator appointed by the counsels of both parties or as experts specialized in Moroccan law. These services rendered particularly in pleadings in Arabic, French and English languages gave the idea to three members of the firm to constitute an arbitration institution named mizan which is totally independent from Hajji & Associés with the specificity of using digital technology in order to be adapted to the world evolutions following the health pandemic of 2020-2021.