news & events
Shalakany Secures a favorable Win for its Client before National Courts with respect to a compensation claim for over EGP 774 million
Shalakany is very pleased to announce that it was able to successfully secure a landmark win in environmental law litigation for its Client, one of the leading oil companies in Egypt.

The case concerned a member company of the Cooperative Union for Water and Fishery Resources against our Client, claiming compensation for moral and material damages for over EGP 774 million due to alleged pollution caused by an oil leakage accident in the sea.

Shalakany was able to successfully defend its Client before the competent national court which ultimately rejected the Plaintiff’s claim. The team who handled the case consists of Mr. Mahmoud Shedid (Senior Counsel), Mr. Nehad Tharwat (Counsel) and Mr. Ahmed Badawy (Counsel).

Mr. Mahmoud Shedid, Senior Counsel, said: “Environmental law is a growing litigation sector in Egypt and is growing in importance. We are happy to be leading the way when it comes to litigation.”

Mr. Nehad Tharwat, Counsel, commented: “Environmental law litigation is complex but we at Shalakany are used to complex and winning for our clients.”
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Shalakany Successfully Settles a FinTech Investment Dispute
June 23, 2022
Shalakany Successfully Settles a FinTech Investment Dispute

Shalakany is pleased to announce that it successfully negotiated and closed off a settlement deal, on behalf of its Kazakhstani foreign investor client, with the opposing party in relation to the client’s investment in the Egyptian FinTech sector. Shalakany was assigned the task of spearheading and leading the amicable negotiations with the opposing party, which […]

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Shalakany Successfully Defends an Application for an Interim Measure Halting the Liquidation of On-Demand Bonds
June 16, 2022
Shalakany Successfully Defends an Application for an Interim Measure Halting the Liquidation of On-Demand Bonds

Shalakany is pleased to announce that it secured its third consecutive win for its client, a leading real estate developer in Egypt and the Middle East, before various national courts up to the Egyptian Cour de Cassation with respect to several Applications for interim orders brought forward by the opposing party seeking to halt the […]

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