Portrait of Paul Homsy

Paul Homsy

Affiliated Counsel

phomsy@offitkurman.com
New York, NY – 347.589.8512
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Paul Homsy has more than 30 years of experience in the Middle East (in the Arabian Gulf countries in particular) and additional experience in cross-border transactions in the Far East, Europe, and Latin America. He has advised on billions of dollars of transactions involving acquisitions, joint ventures, technology transfer agreements, investment funds, and conventional and Sharia compliant financings.

Paul practiced law in Riyadh, Saudi Arabia for five years as the managing partner of Sidley & Austin’s former office there.

He also has a wealth of practical business experience and relationships among the sovereign wealth funds, ultra-high net worth investors, banks, and investment companies of the Arabian Gulf to assist clients in developing and growing their businesses in that region.

Representative Matters

  • Represented leading global advertising company in acquisition of and joint venture with the largest privately-owned advertising company in the Middle East, involving subsidiaries in 10 different Arab countries in the Arabian Gulf, the Levant, and North Africa
  • Represented leading global consumer products company in establishing a joint venture for the manufacture of personal care products in Saudi Arabia and in obtaining necessary approvals from the Saudi Foreign Capital Investment Committee and Ministry of Commerce
  • Represented the largest Islamic bank in the world on about $3 billion of Sharia compliant financings, as well as on litigation relating to $120 million of claims against Enron
  • Represented leading U.S. bank in the establishment of a Sharia compliant equipment leasing fund
  • Represented Kuwaiti investment company in a $300 million Sharia compliant U.S. real estate fund

    Education

    • The Dickinson School of Law (J.D.)
    • University of Pennsylvania (B.A.)

    State Bar Admissions

    • New York

    Court Admissions

    • United States District Court for the Southern District of New York

    Professional Affiliations

    • Senior Advisor, Middle East, FFT Wealth Management, a leading multifamily wealth advisor and investment manager
    • Senior Advisor Middle East, VG Trust, a leading Channel Islands wealth structuring, trust, and fiduciary company (2014-2017)
    • Co-organizer, C3 U.S. Arab Business Summit, September, 2012, President Bill Clinton as keynote speaker
    • Board of Directors Emeritus, Arab Bankers Association of North America and former Member Executive Committee
    • Board of Advisors Emeritus, Harvard University, John F. Kennedy School of Government, Institute for Social and Economic Policy in the Middle East
    • Technical Advisory Committee, Wharton Export Network, Wharton Graduate School Business Administration, University of Pennsylvania
    • Served as Committee Chairman, Vice Chairman, Middle East Law Committee, International Section, American Bar Association
    • Served on New York District Export Council of U.S. Department of Commerce

Services

  • Biography
  • Featured Works

Firm Highlights

  • Publications & News
    Offit Kurman Welcomes Three Attorneys to Key Practice Areas
    Offit Kurman Welcomes Three Attorneys to Key Practice Areas
  • Blog Posts
    The Other AI Copyright Claim: How YouTubers Are Bypassing the Fair Use Debate
    The Other AI Copyright Claim: How YouTubers Are Bypassing the Fair Use Debate
  • Blog Posts
    Who at NJDEP Is Handling Your NOV or AONOCAPA and Why It Matters
    Who at NJDEP Is Handling Your NOV or AONOCAPA and Why It Matters
  • Podcasts
    Balancing Full-Time Employment with Side Ventures
    Attorneys Sarah Sawyer and Russell Berger of Offit Kurman discuss how employers should approach employee moonlighting, which has become more common. They emphasize starting with state-specific laws that may limit an employer’s ability to restrict outside work, then evaluating whether a side job creates a real conflict with the employer’s business. They also note practical concerns about performance and whether an employee’s outside work affects focus and commitment. The episode highlights the importance of clear, lawful conflict-of-interest policies, regular reminders to employees, and an avenue for employees to disclose perceived conflicts proactively.
  • Blog Posts
    Fair Housing Frights: Why Disability Accommodation Mistakes Are the Scariest Compliance Risks Facing Housing Providers
    Fair Housing Frights: Why Disability Accommodation Mistakes Are the Scariest Compliance Risks Facing Housing Providers
  • Publications & News
    Offit Kurman Attorneys Recognized in 2027 Pennsylvania Super Lawyers® and Rising Stars Lists
    Offit Kurman Attorneys Recognized in 2027 Pennsylvania Super Lawyers® and Rising Stars Lists
  • Publications & News
    Offit Kurman Named Among 2027 “Best Law Firms” by Best Lawyers
    Offit Kurman Named Among 2027 “Best Law Firms” by Best Lawyers
  • Events
    The 2026 Economic, Tax, and Accounting Updates
    We are looking forward to the Mid-Atlantic CFO Roundtable's next event on November 13, 2026. This is a program with topics built for Finance Executives. We are extremely fortunate to have three excellent speakers: Dr. Daraius Irani, Vice President of Business and Public Engagement at Towson University; Mike Stankus, Tax Office Managing Principal at BDO; and Daniel Wahlberg, Managing Partner of Acclare Solutions. The economy is rapidly changing with various factors driving it. The November 3rd midterm elections may also have an impact. Our three expert presenters will discuss the ramifications of the election, and the current year updates to GAAP financial reporting and Federal and State income taxes. Please join us for what will surely be an informative and timely discussion. Meet Our Speakers: Daraius Irani, Ph.D. • Towson University Vice President, Business & Public Engagement Dr. Daraius Irani serves as Vice President of Business and Public Engagement at Towson University as well as the chief economist for the Regional Economic Studies Institute (RESI) at Towson University, a policy group providing economic, fiscal impact, and policy analysis to public and private entities.  Dr. Irani is often called upon to provide economic presentations to organizations across Maryland. He has appeared on numerous television programs and in local and regional print media. Dr. Irani holds a Ph.D. in economics from University of California, Santa Barbara. Dan Wahlberg • Acclare Solutions Managing Partner With over 28 years of experience, Dan Wahlberg is a recognized leader in audit and assurance for the Mid-Atlantic’s middle market business community. As a licensed CPA in Maryland and Virginia, Dan has led assurance practices at top regional firms, including serving as Baltimore Audit Managing Partner and Assurance Practice Leader at BDO USA in Baltimore and as Partner and member of the Management Committee at Hertzbach & Company P.A which merged into BDO in 2020. His expertise centers on delivering clarity, strategic guidance, and proactive solutions to middle-market businesses across Baltimore and beyond. His entrepreneurial spirit has led him to begin a new CPA firm this year with four other CPAs serving the business community. Dan holds a Bachelor of Science in Accounting from Rutgers University and began his career at PWC in New York. He is also deeply engaged in the community, previously serving as President of ACG Maryland and current Board member and as Audit Committee Member for The Associated: Jewish Federation of Baltimore.  Mike Stankus • BDO USA LLP Tax Office Managing Principal Mike Stankus is the Tax Office Managing Principal for the firm’s Baltimore office. He has more than 16 years of experience providing tax planning and preparation and management advisory services for his clients. Mike focuses on advising privately held businesses and their owners on effective growth and tax strategies. He also performs various engagements for mergers and acquisitions and complex cost accounting projects and projections. In addition, he represents various government contracting clients before the DCAA and assists with FAR compliance. Mike’s areas of concentration include working with government contractors, professional service firms, construction companies, and homebuilders.
  • Publications & News
    Offit Kurman Attorneys Named to Bethesda Magazine’s 2026 Top Attorneys List
    Offit Kurman Attorneys Named to Bethesda Magazine’s 2026 Top Attorneys List
  • Podcasts
    Reclaiming Yourself When Everyone Needs You: Kerry Docherty on Guilt, Honest Conversations, and Choosing Yourself
    When was the last time you were called selfish, or worried you might be, just for putting yourself on your own list? For those of us in the middle, putting our needs last can feel like the only way to keep everything running, and the guilt of choosing ourselves can be heavy. In this episode, Candace is joined by Kerry Docherty, co-founder of beloved sustainable lifestyle brand Faherty, poet, social activist, children's book author, and author of the memoir Selfish: Unlearning, Reclaiming, and Telling the Truth. Kerry explains why she chose a title that's so activating for women, and describes the moment in therapy when a simple question showed her she wasn't the victim: she had agency. She talks about finding her voice through a writing collective and about telling the truth in print about her marriage, her family business, and herself, including the fallout with loved ones and her husband Alex's response in the final chapter. She also shares the small daily choices that help her reclaim herself, the guilt of leaving home to write, and the honest conversations she and Alex have with their kids. As Kerry puts it, being "selfish" can be "the biggest act of service that we can give other people." Learn more about Kerry Docherty at https://kerrydocherty.co/ Follow Kerry on Instagram at https://www.instagram.com/kerrydocherty/ Subscribe to Kerry’s poetry Substack at https://substack.com/@kerrydocherty1 Purchase Selfish: Unlearning, Reclaiming, and Telling the Truth at https://bookshop.org/p/books/selfish-unlearning-reclaiming-and-telling-the-truth-kerry-docherty/355b282d003ee8e0 Purchase Somewhere, Right Now at https://fahertybrand.com/products/somewhere-right-now-book-somewhere-right-now Shop Faherty at https://fahertybrand.com/ Follow and subscribe to The Sandwich Generation Survival Guide wherever you listen to podcasts. New conversations are released on the first and third Tuesdays of every month. If this episode resonates with you, leave a five-star rating or review and share it with another sandwich generation caregiver!