Group Legal Advisor
Streit Group of Companies
Total years of experience :18 years, 6 Months
STREIT Group is one of the world’s leading, privately owned armored vehicles manufacturer with 12 state-of-the-art production facilities and 25 offices worldwide, with 1, 500 employees and $250M turnover.
Litigation Excellence
• Instrumental in refurbishing group policies to minimize exposure and control risks. Provided oversight and advice on key legislative and regulatory developments affecting the business.
• Served as legal think-tank, proffered strategic, practical and high quality legal advice and support on arbitration, operational, policy and corporate initiatives in the group.
• Played a pivotal role in achieving additional 100 Million dollars of successful business deals, through precise advice on legal review of new trade agreements (sales and commercial).
• Broad subject matter and transactional knowledge has resulted in effective problem resolution- successful closed out-of-court settlements, saved court fees and other legal charges amounting to 10 Million dollars
• Represented the group in a broad array of legal matters/disputes, and successfully achieved favorable court verdicts, gaining a total of 20 million dollars disputes.
• Successfully managed arbitration dispute of 1 million dirhams, after initiating a new legal principle of revoking arbitration verdict at the court of appeal.
Corporate Legal Affairs Champion
• Introduced new policy of mutual settlements with staff/labour to avoid any further legal procedures, and to support the organization to successfully implement manpower restructuring plan.
• Supporting management in assessing the risk of entering into contracts, ensuring company is not exposed to uncontrolled legal risk.
• Proffering legal consultation and counseling to the Group companies and its management in any legal matters pertaining to their daily operations.
• Enforcing company-wide Ethics and Compliance Policy with statutory and license obligations.
• Drafting/ reviewing legal correspondence, documents and contracts, providing guidance on deal strategy and structure.
• Strategically managing and supervising the firm’s litigation and arbitration docket to ensure effective representation and optimal litigation results. Preparing cases files and drafting required memoranda/ petitions to be submitted to court or arbitration.
Business Relationship
• Handling all cases, claims and investigations with the governmental authorities.
• Leveraged financial acumen whilst managing legal department budget and disputes costs, attorney’s charges and legal fee.
• Nurturing synergistic business relationships for the legal department among the various internal business groups requiring legal support.
• Served as Company/ Management Ambassador towards the governmental authorities such as courts, police stations, public prosecutions, notary public, chambers of commerce and free zones authorities etc.
Legal and Compliance Counsel
• Acted as a legal counsel to the company, its officers and management, provided well-reasoned strategic and proactive legal advice and counseling.
• Successfully managed high volume of legal projects (bespoke advisory and transactional) with long-term business implications.
• Conducted research and analysis to aid management with legal implications of proposed policy and management decisions and specific legal issues referred to Group Legal and Compliance.
• Evaluated and helped to mitigate risk for the organization across all aspects of the business.
• Vet major agreements, launching of new products, etc. Conducted legal review of product requirements advising of compliance with applicable laws.
Legal Research
• Interpreted and advised on new/revised laws and implemented/updated any requisite policies/procedures based on commercial risks associated therewith globally.
• Management and supervision of external counsel acting on the company’s behalf.
• Mentored, trained and coached junior members of Group Legal and Compliance. Created and executed on strategic plans for the growth and development of the legal team, consistent with the strategic objectives of the business.
Commercial Astuteness
• Spearheaded all legal issues and provide guidance. Negotiate, write and execute agreements and contracts on behalf of Al Basim Co.
• Oversight and leadership of the day-to-day operations of legal representation of the Company in all kind of criminal & civil cases.