news & events
Favorable Court of Cassation Ruling in Multi-Million-Dollar Insurance Dispute
Shalakany is pleased to announce that it had secured for its client, a leading insurance company in Egypt, a favorable interim ruling from the Court of Cassation. Shalakany challenged a several hundreds of millions of US Dollars appeal court ruling against the client. The Court of Cassation accepted Shalakany’s request to stay the enforcement of the challenged appeal ruling. This is one of the rare incidents where the Court of Cassation accepts interim requests and Shalakany is pleased to have secured such a favorable interim ruling for its client. Shalakany continues to represent the client on the merits of the challenge and looks forward to reversing the challenged appeal ruling and to securing the client’s interests.

Mr. Mostafa Hassan, Senior Partner, said: “We are pleased to represent our client in this important case. This is a very important step for overturning the challenged ruling and securing the client’s interests.”

Mr. Muhammad Ussama, the Partner handling the case, said: “Securing favorable interim rulings is not common, this win sends a positive signal to investors and companies working in Egypt: The Egyptian Judiciary continues to evolve to meet the needs of our fast-growing market.
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Shalakany obtains an Exequatur on a Foreign Ship Mortgage Contract
April 14, 2021
Shalakany obtains an Exequatur on a Foreign Ship Mortgage Contract

Shalakany is pleased to announce that it has obtained an exequatur on a foreign ship mortgage contract with respect to a vessel seized in the Suez Canal. Shalakany began handling the enforcement on the ship at the end of the year 2020 and has secured an exequatur on a foreign mortgage contract between its Client […]

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Another Multi-Million-Dollar Insurance Dispute Win
March 31, 2021
Another Multi-Million-Dollar Insurance Dispute Win

Shalakany is pleased to announce that it has, yet again, secured a favorable ruling for its client, a leading insurance company in Egypt, before the Court of Cassation. This marks the third consecutive win for Shalakany in this particular dispute. The Firm had taken this case on in 2018 with the client being ordered by […]

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