Today, representing Sindh Bank, A&Q has successfully completed the restructuring of PKR 3.5 billion liabilities of three Omni Group companies, namely Chambar Sugar Mills, Larr Sugar Mills and New Thatta Sugar Mills.
The restructured facilities had been extended to these companies as part of a GOS Scheme for the Revival of Sick Units. The deal required a number of complex and challenging legal areas to be covered, and was approved by the Honourable SHC.
In order to safeguard SBL’s interest, the entire transaction was directly handled by Nadeem Ahmed (Senior Counsel) who was assisted by various lawyers from the corporate and litigation sections.
