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- 0555398969
Atyar Law Company
Restructuring of a Saudi Contracting Company with Debt Exposure of SAR 75 Million Arising from Bank Guarantees and Financial Claims
Atyar Law company provided specialized legal advisory services in relation to the financial distress of a Saudi contracting company, whose liabilities amounted to approximately SAR 75,000,000 (Seventy-Five Million Saudi Riyals) — equivalent to around USD 19,000,000.
The financial exposure arose primarily from bank guarantees and lender claims, requiring a structured legal intervention to manage liabilities, mitigate risk, and protect the client’s commercial position.
+500
Legal Cases
Experience
In Construction Disputes
+300
Clients
Judgment Enforcement
Execution of Court Judgments
Quick Service Summary
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Engagement Type: Financial Distress Management / Debt Restructuring / Banking Disputes
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Debt Exposure: SAR 75,000,000
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Equivalent Value:Approx. USD 19,000,000
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Sector: Construction & Contracting
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Jurisdiction: Kingdom of Saudi Arabia
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Services Provided: Legal Advisory – Debt Restructuring – Bank Negotiations – Dispute Management – Legal Representation
Case Overview
This matter involved the legal management of a distressed contracting company facing substantial financial obligations arising from bank guarantees and lender enforcement claims, which posed a direct risk to its operational continuity.
Our mandate included:
- Conducting a comprehensive legal and financial assessment of liabilities
- Reviewing bank guarantee agreements and related contractual obligations
- Structuring a legally sound debt restructuring framework
- Negotiating with financial institutions and creditors
- Advising on applicable Saudi banking, insolvency, and enforcement laws
- Representing the client before judicial and enforcement authorities where required
- Developing legal solutions to ensure business continuity and asset protection
Legal Challenges
The case presented several complex legal and financial challenges, including:
- Multiple creditor claims from banking institutions
- High-value liabilities linked to bank guarantees
- Risk of enforcement actions and asset seizure
- Legal exposure under Saudi enforcement and insolvency regimes
- Necessity to balance debt settlement with operational survival
Our Legal Strategy
✔ Comprehensive review of bank guarantees and financial obligations
✔ Structuring a practical and enforceable debt restructuring plan
✔ Strategic negotiation with lenders to achieve viable settlements
✔ Mitigation of enforcement and legal risks
✔ Full compliance with Saudi insolvency and regulatory frameworks
✔ Protection of company assets and preservation of operations
Results Achieved
✔ Successful legal management of financial distress
✔ Reached structured settlements with banks and creditors
✔ Reduced legal and enforcement exposure
✔ Preserved key company assets
✔ Supported continuity of business operations
Judicial Insight
Financial distress arising from banking obligations is not merely a contractual issue —
it constitutes a legal exposure that requires structured resolution, regulatory compliance, and strategic negotiation.
At Atyar Law company, we approach such matters with a judicial perspective, ensuring that all actions are enforceable, compliant, and aligned with long-term commercial sustainability.
Value Delivered to Client
- Strategic legal management of financial distress
- Reduction of financial and legal liabilities
- Full legal support throughout the restructuring stages
- Compliance with applicable Saudi regulations
- Stabilization of financial and operational position
Our Services
Related Legal Services
Construction Disputes
Specialized legal representation in all types of construction contract disputes.
Commercial Litigation
Comprehensive legal support in commercial cases before competent courts.
Judgment Enforcement
Following up on the execution of court judgments and ensuring the recovery of rights.
Debt Recovery
Effective legal procedures for collecting outstanding financial dues.
Is your company facing banking claims or financial distress arising from guarantees or debt obligations?
At Atyar Law company, we provide comprehensive legal solutions to restructure liabilities, manage banking disputes, and protect your assets while ensuring business continuity.
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بيانات الاتصال
- شارع التخصصي، النخيل، الرياض 12384
- 3132 شارع الأمير تركي، الكورنيش، 6309, الخبر
- Info@al-tayyar.com.sa
- 00966555398969
مجالات الممارسة
القانون التجاري والشركات
صياغة العقود والوثائق القانونية
القانون المالي والمصرفي
الضرائب والزكاة والجمارك
العقارات والملكية الخاصة
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