Home

UK Firms Take the Lead in Dubai Crisis
Download PDF

The economic crisis in Dubai is creating a large amount of legal work for firms involved in the debt restructuring negotiations. Firms with deep roots in the country are getting the bulk of the work, and most of those are UK firms. Clifford Chance has scored big as the primary advisor to Dubai World. On the other side of the table, Ashurst and Allen & Overy each represent major creditors. Ashurst is taking the lead for a group of creditors that hold notes from Nakheel, Dubai World’s property unit. Allen & Overy is advising a group of commercial banks that have loaned money to Dubai world and its subsidiaries.

 

SEARCH IN ARCHIVE

Most Popular

Legal Career Resources

April 26, 2016 An Attorneys Competitiveness Can Turn to Anger

Summary: Attorneys can hold lots of anger, but when that anger is directed in the wrong direction, they destroy their own credibility and chances of success. Read Why Most Attorneys Are Angry to learn more. Attorneys can carry a lot […]

read more
To Top