Insights
Insights / Legal Articles
Stay informed with Basrah Obelisk Law Firm’s latest analyses, commentaries, and updates on Iraqi legal, regulatory, and commercial developments. Our insights cover corporate law, tax compliance, labour regulations, contracts, and dispute resolution, helping local and international businesses navigate the complexities of operating in Iraq
Article 1 — International Arbitration Guide
Basrah Obelisk Law Firm Featured in International Arbitration Guide – IraqDr. Buraq Al-Hamdy, Managing Partner, and Mohammad Jaber, Senior Associate, contributed to the International Arbitration Comparative Guide – Iraq, published by Mondaq. The article provides an expert overview of Iraq’s arbitration framework, including the country’s accession to the New York Convention and the Singapore Convention on Mediation, practical guidance on arbitration clauses, enforcement, and cross-border dispute resolution. This contribution highlights the firm’s role in modernising Iraq’s arbitration practice and promoting alignment with international standards.
Article 2 — Legal Insight: Iraq Investment Framework
Basrah Obelisk Law Firm Featured in Legal Insight – Iraq Investment FrameworkDr. Buraq Al-Hamdy, Managing Partner, was featured in Legal Insight, a leading Russian legal and business journal. In the interview ‘The Legal Framework for International Investors in Iraq,’ he discussed recent reforms in investment law, taxation, labour, social security, and dispute resolution, while addressing challenges for international investors and practical measures to ensure compliance and transparency. This article highlights the firm’s role in guiding global corporations and energy companies through Iraq’s evolving legal landscape.
Success Stories
Matter 1 — Share Transfer
Basrah Obelisk Law Firm successfully facilitated the transfer of 100 million shares of Iraqi Maritime Services company to two new shareholders. The firm handled the transfer procedures before the Registrar of Companies (ROC), including drafting the Minutes of Meeting (MoM) and Amended Articles of Association (AOA). Additionally, the firm coordinated with the Ministry of Interior to complete the required security procedures prior to finalising the transfer.
Matter 2 — Legal Entity Establishment
Basrah Obelisk Law Firm successfully established a legal entity related to an Emirati energy company. The firm drafted and executed a trust agreement designating two Iraqi companies as the ultimate beneficiaries and shareholders. Additionally, the firm provided a comprehensive legal strategy, including proposed company names and scope of work. We also facilitated the registration of the trust companies and shareholding structure before the Registrar of Companies (ROC), drafting the required Minutes of Meeting (MoM) and other corporate documents.
Events and Participations
At Basrah Obelisk Law Firm, we actively engage in leading legal, business, arbitration, tax, and regulatory events both in Iraq and internationally. Our participation in conferences, seminars, training programmes, and industry forums reflects our commitment to continuous professional development, knowledge sharing, and staying at the forefront of legal and business developments that impact our clients and the markets in which they operate.
Event 1 — ICC MENA Conference
Participation in the 14th ICC MENA Conference on International ArbitrationBasrah Obelisk Law Firm participated in the 14th ICC MENA Conference on International Arbitration, a leading regional forum bringing together international arbitration practitioners, legal experts, and business leaders to discuss developments in cross-border dispute resolution.The firm’s participation reflects its commitment to professional excellence, continuous development, and maintaining strong engagement with leading international arbitration institutions. It further reinforces our capability to advise and represent clients in complex commercial disputes and international arbitration matters across Iraq and beyond.
Event 2 — Iraq Arbitration Week 2025
Participation in Iraq Arbitration Week 2025Basrah Obelisk Law Firm proudly participated in Iraq Arbitration Week 2025, one of the country’s leading arbitration and dispute resolution events, bringing together international experts, government representatives, legal practitioners, and industry leaders to discuss the future of arbitration in Iraq.Our participation reflects the firm’s ongoing commitment to advancing arbitration practice, supporting the development of modern dispute resolution mechanisms, and contributing to the growth of Iraq’s legal and business environment. It further demonstrates our dedication to remaining engaged with leading developments in international arbitration and commercial dispute resolution.
Event 3 — Chambers Global Practice Guides 2026
Contributing Author to Chambers Global Practice Guides – Iraq: Dispute Resolution 2026Basrah Obelisk Law Firm was selected by Chambers and Partners as the exclusive contributor for the Iraq chapter of the Chambers Global Practice Guides – Dispute Resolution 2026. Through this publication, our lawyers provided an in-depth analysis of Iraq’s dispute resolution framework, covering litigation, arbitration, enforcement, and key legal developments affecting domestic and international businesses.This contribution reflects the firm’s recognised expertise in dispute resolution and its role in providing authoritative legal insight on the Iraqi legal system to the international business and legal community.
Event 4 — Legal 500 Interview: Dr. Buraq Al-Hamdy
Featured Interview with Dr. Buraq Al-Hamdy – Legal 500Dr. Buraq Al-Hamdy, Managing Director of Basrah Obelisk Law Firm, was featured by Legal 500 in an exclusive interview discussing the firm’s strategic vision, market position, and commitment to delivering integrated legal, tax, accounting, and compliance solutions in Iraq.The interview highlights the firm’s role in supporting international investors and businesses operating in Iraq, as well as its focus on innovation, dispute resolution, regulatory compliance, and client-focused advisory services. This recognition reflects Basrah Obelisk Law Firm’s growing reputation as a trusted advisor to local and international clients navigating the Iraqi market.
Event 5 — Legal 500 Comparative Guide: Asset Tracing & Recovery
Contributing Author to The Legal 500 Comparative Guide – Iraq: Asset Tracing & RecoveryBasrah Obelisk Law Firm was selected as the contributor to the Iraq chapter of The Legal 500 Comparative Guide: Asset Tracing & Recovery. Authored by Dr. Buraq Al-Hamdy and Mohammad Jaber, the guide provides a comprehensive overview of the Iraqi legal framework governing asset tracing, recovery, enforcement, and related dispute resolution mechanisms.This contribution reflects the firm’s recognised expertise in complex dispute resolution and enforcement matters and demonstrates its commitment to providing authoritative legal insight on the Iraqi legal landscape to the international legal and business community.
