Dechert Boosts Middle East Financial Services Practice with National Partner Hire

International law firm Dechert LLP announced today that Jacques Visser has joined the firm’s financial services and investment management group as a national partner in Dubai. Prior to joining Dechert, Visser ran his own Dubai-based investment management consultancy and previously served as general counsel of Algebra Capital, a leading asset management firm in the Middle East.

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Ashurst Advises on IPP3 Power Project in Jordan

Ashurst advised the funders on the successful development and financing, by a consortium of Korea Electric Power Corporation (KEPCO), Mitsubishi Corporation and Wartsila, of the approximately US$ 800 million IPP3 independent power project in the Hashemite Kingdom of Jordan, which reached financial close on 7 March 2013. Ashurst acted as international legal counsel to the ECAs, The Export-Import Bank of Korea (K-EXIM), Nippon Export and Investment Insurance (NEXI) and the commercial lenders, The Bank of Tokyo-Mitsubishi UFJ Ltd., KfW IPEX-Bank GmbH, Mizuho Corporate Bank Ltd, Standard Chartered Bank and Sumitomo Mitsui Banking Corporation.

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Norton Rose Advises Emaar Properties and Emaar Turkey in Relation to a US$500 Million Financing of a Large Scale Mixed-Use Development in Istanbul

The Dubai office of international legal practice Norton Rose has advised Emaar Properties PJSC and Emaar Libadiye Gayrimenkul Geliştirme A.Ş. (Emaar Turkey) in relation to a US$500 million syndicated loan facility for the financing of the construction of Emaar Square – a US$2 billion mixed use residential and commercial development in the Űskűdar district in Istanbul, Turkey.

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Vinson & Elkins Advises TVM Capital MENA with Investment in Manzil Health Care Services

Vinson & Elkins LLP advised TVM Capital MENA in connection with their majority acquisition of Manzil Health Care Services, a provider of 24-hour homecare and rehabilitation services for both adult and children patients. Head quartered in Abu Dhabi, Manzil Health Care Services, formally known as Emirates Outreach Healthcare Services, was founded in 2011 by Dr. Ghuwaya Al Neyad. Manzil also has a branch office in Ras Al Khaimah.

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Tags:  Vinson & Elkins LLP | Dubai