Commercial Pledges are among the most prominent financing tools within the Saudi Commercial System, providing an effective guarantee for the creditor without disrupting the debtor’s business activities. The Commercial Pledge Law and its Implementing Regulations have established a sophisticated and flexible framework that ensures the preservation of rights, expedited enforcement, and transparency in transactions.
Key Services:
Drafting Commercial Pledge Agreements Preparing all types of pledge contracts in full compliance with statutory regulations.
Registration and Filing Managing the registration of pledge contracts and overseeing all amendment or cancellation procedures.
Legal Consultations Providing specialized legal advice on all aspects of commercial pledges, including the rights of the pledgee and priority of enforcement on the pledged assets.
Litigation and Dispute Resolution Representing parties in commercial pledge disputes before Commercial and Enforcement Courts, including claims for rescission, enforcement, or compensation.
Preventive Legal Support Conducting contractual risk analysis and identifying optimal legal guarantees.