Lou Ramos, a United States Department of Justice prosecutor specializing in economic crimes, has joined King & Spalding's special matters and government investigations practice as a counsel in Washington, DC. Mr. Ramos most recently served as Assistant United States Attorney for the District of Columbia.
At the Justice Department, Ramos acted as lead prosecutor in 19 jury trials and more than 30 bench trials involving bank fraud, mail fraud, wire fraud, money laundering, social security fraud, narcotics trafficking, human trafficking and crimes of violence.
The addition of Mr. Ramos brings to 52 the total number of lawyers and non-lawyer professionals who have joined King & Spalding's Washington office in the past 12 months, including recent arrivals Carl Wessel and Seth Lundy in the FDA/healthcare practice, Kenneth Reisenfeld in the international arbitration practice and Mark Dola in the finance practice. The Washington office has more than 190 lawyers and non-lawyer professionals.
King & Spalding advised SHUAA Capital Saudi Arabia cjsc (SHUAA Saudi) on the structure and formation of a US$533 million fund under the name SHUAA Saudi Hospitality Fund I (SHUAA Saudi Fund).
The SHUAA Saudi Fund intends to acquire and develop seventeen hotels, serviced apartment buildings and resorts throughout the Kingdom of Saudi Arabia. King & Spalding advised on the various agreements between Rotana and SHUAA Saudi Fund.
The cross-office team of King & Spalding lawyers was led by Nabil Issa of the firm's Dubai and Riyadh offices and Dubai-based corporate partner Benjamin Newland. Dubai Islamic finance partner Jawad Ali played a significant role in the structuring of the fund and the development of Shari'ah-compliant structures that SHUAA Saudi Fund will utilize to finance the construction.