Disputes Expert Joins DLA Piper Middle East

Wednesday, October 5, 2011
DLA Piper Middle East, a global law firm, today announces the appointment of Henry Quinlan as partner and the newest member of its global arbitration practice, based in the Dubai office. The firm’s global dispute resolution practice has 1400 specialists around the world and the recruitment of Henry in the Middle East arbitration team indicates both the important role the region plays in international business, and the growing use of arbitration in the resolution of disputes involving both local and international companies within the region.

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Tags:  DLA Piper | Dubai

Clifford Chance Advises Nakheel on Landmark Restructuring

Tuesday, August 30, 2011
Clifford Chance has advised Nakheel PJSC on the successful restructuring of liabilities in a total amount in excess of US$16bn, which closed last week. The amount and the nature of the liabilities involved and the large number of creditors made this one of the most complex restructurings in the region to date requiring the assistance of a large multi-disciplinary team. The restructuring also included the legal separation of the Nakheel PJSC group from the rest of the Dubai World group.

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Tags:  Clifford Chance LLP | Dubai

White & Case Advises Saudi Aramco on US$20 Billion Joint Venture with Dow Chemical in Saudi Arabia

Monday, August 8, 2011

Global law firm White & Case LLP is representing Saudi Arabian Oil Company (Saudi Aramco) on its joint venture with The Dow Chemical Company (Dow) to build and operate a US$20 billion world-scale integrated chemicals complex in Jubail Industrial City, Saudi Arabia. Saudi Aramco and its predecessor company, the Arabian American Oil Company, has been a White & Case client for more than half a century.

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Clifford Chance Advises HSBC Bank Middle East Limited on an Innovative and Ground Breaking Sukuk Structure

Thursday, June 30, 2011
Clifford Chance recently advised HSBC Bank Middle East Limited (HBME) in connection with updating its US$5 billion sukuk issuance programme and a US$500,000,000 issuance under the Programme. The trust certificates for the issuance, which are due in 2016, yield a profit rate of 3.575% per annum payable on a semi-annual basis.

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Tags:  Clifford Chance LLP | Dubai