People
Mike Rainey advises lenders and borrowers in connection with their financing needs, focusing on project finance in the GCC, financing and restructuring in Saudi Arabia and the UAE and real estate finance and investment in the GCC and Europe. Mike advises on transactions using both conventional and Shari'ah-compliant financing.
Ranked by The Legal 500 U.K. and The Legal 500 EMEA both as a "leading individual" and for his Islamic finance practice.
M.Com.Law, University of Auckland, New Zealand, honors
LL.B., University of Otago, New Zealand
B.Comm., University of Otago, New Zealand
April 12, 2022
Legal 500 EMEA 2022 Ranks King & Spalding among the Top Firms in Europe, the Middle East and Africa
Outbound Real Estate Investment and Finance
Advised Albilad Investment Company in connection with the acquisition of a commercial property in Belfast, Northern Ireland. The acquisition was financed on a Shari’ah-compliant basis and was the largest office sale ever in Northern Ireland.
Advising a prominent Saudi client in relation to the provision of a Shari’ah-compliant facility to fund the acquisition of land for development in Vauxhall Cross, London and the subsequent restructuring of that facility.
Advised KFH Capital Investment Company in the formation of three Shari’ah-compliant UK real estate funds in Guernsey. Following the formation of the funds, King & Spalding advised KFH Capital Investment Company in connection with five property acquisitions, two logistics warehouses in the UK (each single tenanted), two retail parks one in England and one in Scotland (multi-tenanted) and a retail property portfolio in England leased to a prominent UK DIY retailer. All five transactions were structured and financed on a Shari’ah-compliant basis.
See more
January 19, 2022
A Trustee’s First Duty: Maximizing the Value of an Insolvency Estate
November 11, 2021
Game Changer
May 28, 2021
Islamic Financing Faces A Post-Libor Test
April 12, 2022
Legal 500 EMEA 2022 Ranks King & Spalding among the Top Firms in Europe, the Middle East and Africa
Outbound Real Estate Investment and Finance
Advised Albilad Investment Company in connection with the acquisition of a commercial property in Belfast, Northern Ireland. The acquisition was financed on a Shari’ah-compliant basis and was the largest office sale ever in Northern Ireland.
Advising a prominent Saudi client in relation to the provision of a Shari’ah-compliant facility to fund the acquisition of land for development in Vauxhall Cross, London and the subsequent restructuring of that facility.
Advised KFH Capital Investment Company in the formation of three Shari’ah-compliant UK real estate funds in Guernsey. Following the formation of the funds, King & Spalding advised KFH Capital Investment Company in connection with five property acquisitions, two logistics warehouses in the UK (each single tenanted), two retail parks one in England and one in Scotland (multi-tenanted) and a retail property portfolio in England leased to a prominent UK DIY retailer. All five transactions were structured and financed on a Shari’ah-compliant basis.
See more
January 19, 2022
A Trustee’s First Duty: Maximizing the Value of an Insolvency Estate
November 11, 2021
Game Changer
May 28, 2021
Islamic Financing Faces A Post-Libor Test
April 12, 2022
Legal 500 EMEA 2022 Ranks King & Spalding among the Top Firms in Europe, the Middle East and Africa
M.Com.Law, University of Auckland, New Zealand, honors
LL.B., University of Otago, New Zealand
B.Comm., University of Otago, New Zealand