Areas of Concentration

Mr. Homsy’s areas of concentration include:

  • Advising on the laws and regulations of the Middle East, including Saudi Arabia, the UAE, Kuwait, Bahrain, Qatar, Oman and the wider Middle East region.
  • Cross border joint ventures, mergers, acquisitions, technology transfer agreements, franchising, and distribution and sales representation agreements.
  • Offshore and onshore investment funds, including private equity, real estate, and other alternative asset classes.
  • Islamic banking, including Sharia compliant investment funds, trade finance, equipment leasing, inventory financing, and off balance sheet financings.
  • U.S. foreign trade regulations, including the U.S. Anti-boycott Regulations, and the U.S. Foreign Corrupt Practices Act.

Sample Clients

  • Conventional and Islamic banks
  • Ultra high net worth investors and family offices
  • Private equity, real estate, and hedge funds
  • Fortune 500 and smaller companies involved in consumer products, advertising, media, manufacturing, defense, energy, healthcare, and infrastructure

Professional Activities

  • Co-organizer, C3 U.S. Arab Business Summit, September, 2012, President Bill Clinton as keynote speaker
  • Board of Directors, Arab Bankers Association of North America (2000 to 2006) and Member Executive Committee (2004 to 2006)
  • Board of Advisors, Harvard University, John F. Kennedy School of Government, Institute for Social and Economic Policy in the Middle East, (1994 to 1998)
  • Technical Advisory Committee, Wharton Export Network, Wharton Graduate School Business Administration, University of Pennsylvania (1990 to 1995)
  • Committee Chairman (1983 to 1984), Vice Chairman (1982 to 1983, and 2000 to 2002), Middle East Law Committee, International Section, American Bar Association
  • Member, New York District Export Council of U.S. Department of Commerce (1990 to 2000)

Representative Media Appearances and Lectures

  • Middle East Commentator on CNBC, Bloomberg Television, Reuters TV News Service
  • Quoted on the Middle East in the Financial Times, The Economist, Journal of Commerce, Gulf News, and Bermuda Royal Gazette
  • Speaker on Islamic Finance at C3 U.S. Arab Business Summit, 2012 and 2013
  • Keynote Speaker at the Leaders in Islamic Finance Conference, Istanbul, Turkey, presided over by Prime Minister Erdogan of Turkey, 2008
  • Guest lecturer at King Saud University, Riyadh, Saudi Arabia on Islamic Finance
  • Speaker at various conferences on Middle East Law and Islamic Finance at the University of Pennsylvania, Wharton School, and Harvard University,

Representative Engagements

  • Represented leading global advertising company in acquisition of and joint venture with the largest privately-owned advertising company in the Middle East, involving subsidiaries in 10 different Arab countries in the Arabian Gulf, the Levant, and North Africa
  • Represented leading global consumer products company in establishing a joint venture for the manufacture of personal care products in Saudi Arabia and in obtaining necessary approvals from the Saudi Foreign Capital Investment Committee and Ministry of Commerce
  • Represented the largest Islamic bank in the world on about $3 billion of Sharia compliant financings as well as on litigation relating to $120 million of claims against Enron
  • Represented leading U.S. bank in the establishment of a Sharia compliant equipment leasing fund
  • Represented Kuwaiti bank in a Sharia compliant U.S. real estate fund
  • Represented leading Arab bank in various Sharia compliant off balance sheet inventory financings
  • Represented Swiss private bank in the establishment of a joint venture private equity fund with leading UAE asset manager
  • Represented U.S. private equity fund manager in the establishment of the first Sharia compliant private equity fund
  • Represented leading global healthcare company on various matters relating to the U.S. anti-boycott regulations and various distribution and agency matters including a major dispute with its former Saudi distributor
  • Represented leading U.S. chemicals company in the reorganization of their Saudi joint venture
  • Represented and acted as Arabian Gulf and Levant outside general counsel for leading global soft drink company involving such matters as the establishment of their technical advisory branch in Saudi Arabia, and various franchise matters throughout the Arabian Gulf and the Levant
  • Represented Kuwait investment company in the acquisition of a leading U.S. project management company and the establishment of a Middle East joint venture between them
  • Represented Kuwait investment company in the establishment of a $250 million Sharia compliant hotel and resort fund
  • Represented leading UAE bank on a series of complex litigation matters and U.S. Government investigation relating to the BCCI financial scandal
  • Represented U.S. private equity firm in the establishment of a conventional and Sharia compliant international trade finance fund
  • Represented public broadcasting company of Japan on various corporate and transactional matters

Publications

  • “Islamic Private Equity,” Islamic Wealth Management, Euromoney, 2009
  • “Islamic Private Equity Opportunities and Challenges,” Islamica Magazine, Spring 2009
  • “Distribution and Agency Agreements, Counseling Emerging Companies in Going International,” ABA, Section of International Law and Practice, 1991
  • “Saudi Arabian Joint Venture and Agency Law,” Transnational Joint Ventures, Business Laws, Inc., 1989
  • “Agency Law in the Arabian Peninsula and North Africa,” Northwestern University Journal of International Law and Business, Summer 1983, reprinted in The International Law Encyclopedia, University of Virginia School of Law
  • “Legal Aspects of Doing Business in Saudi Arabia,” International Lawyer, Winter 1982

Admissions

  • New York, 1976
  • Southern District of New York, 1977

Education

  • The Dickinson School of Law (Doctor of Law), 1975
  • University of Pennsylvania (B.A. in History), 1972
  • Languages: Arabic (conversational), Spanish (fluent)