Abdelghaffar is Co-managing Partner at Obeidat Freihat. He is a former judge, legal counsel to the Central Bank of Jordan and member of the High Committee for the Supervision of Banks.
Abdelghaffar is an expert in civil and commercial litigation and arbitration, capital markets, financial regulation, regulatory investigations and white-collar crime defense. As Chambers Global puts it, he is “an excellent litigator” who’s “experience as a former judge gives him a unique insight on complex disputes.”
Abdelghaffar’s highlights include:
- Acting as Principal Legal Counsel to the Jordanian Securities Commission.
- Acting as Head of the Legal Department of Petra Bank during its liquidation after investigations revealed a $200 million asset overstatement in the bank’s accounts.
- Representing a major UAE-based bank in a claim against a well-known GCC-based conglomerate over a default on a facility that exceeded $100 million by successfully laying an attachment on the assets of certain shareholders of the conglomerate located in Jordan in support of the original action.
- Representing a global bank with an extensive presence in the Middle East in several claims estimated at around $60 million against a group of companies owned by a Jordanian-based family.