Clydes closes Libya outpost amid political instability
Clydes moves Libyan work offshore following Tripoli closure
October 26, 2016 at 05:17 AM
2 minute read
The original version of this story was published on Law.com
Clyde & Co has closed its office in Libya, it has emerged.
The firm, which became the first international law firm to open in the country when it launched there in August 2012, made the decision to close the office in April amid mounting political instability.
An attempted coup in Libya by the United Nations (UN)-backed Government of National Unity was condemned by the UN earlier this month.
Clydes said that between eight and 10 staff had worked in the office at various times, with most now rehoused in other offices, including former Trowers & Hamlins partner Adrian Creed, who is now working in Abu Dhabi.
Albudery Shariha, who was hired from the Libyan Investment Authority to head the office, left in April this year to set up his own firm.
A Clydes spokesperson said: "We established a small Tripoli office in August 2012. Sadly, the situation in Libya deteriorated after 2012, which made it difficult for our clients to carry out business there and for our staff to operate safely. As a result, along with nearly all of the international community, we have moved our operations offshore for the time being."
The insurance firm announced plans to enter Tripoli after the fall of Muammar Gaddafi in a bid to target energy and disputes work. At the time, it said the country's oil reserves meant there were investment opportunities into the country, energy and infrastructure work, as well as litigation in the wake of the 2011 Arab Spring political uprisings across the Middle East.
Earlier this month, partners elected insurance head Simon Konsta as Clydes' new senior partner following an uncontested election. The election was triggered by current senior partner James Burns' move to a new role as head of Americas, a post he will take up on 1 November.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
NOT FOR REPRINT
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
You Might Like
View AllRed Tape, Talent Wars & Pricey Office Space Greet Firms Entering Saudi Arabia
5 minute readClifford Chance Under Fire for Human Rights Assessment of Saudi Arabia World Cup Bid
5 minute readThe Week in Data Oct. 31: A Look at Legal Industry Trends by the Numbers
DC Defamation Boutique Secures $8M Jury Damages Verdict in Libel Case
2 minute readTrending Stories
Who Got The Work
Michael G. Bongiorno, Andrew Scott Dulberg and Elizabeth E. Driscoll from Wilmer Cutler Pickering Hale and Dorr have stepped in to represent Symbotic Inc., an A.I.-enabled technology platform that focuses on increasing supply chain efficiency, and other defendants in a pending shareholder derivative lawsuit. The case, filed Oct. 2 in Massachusetts District Court by the Brown Law Firm on behalf of Stephen Austen, accuses certain officers and directors of misleading investors in regard to Symbotic's potential for margin growth by failing to disclose that the company was not equipped to timely deploy its systems or manage expenses through project delays. The case, assigned to U.S. District Judge Nathaniel M. Gorton, is 1:24-cv-12522, Austen v. Cohen et al.
Who Got The Work
Edmund Polubinski and Marie Killmond of Davis Polk & Wardwell have entered appearances for data platform software development company MongoDB and other defendants in a pending shareholder derivative lawsuit. The action, filed Oct. 7 in New York Southern District Court by the Brown Law Firm, accuses the company's directors and/or officers of falsely expressing confidence in the company’s restructuring of its sales incentive plan and downplaying the severity of decreases in its upfront commitments. The case is 1:24-cv-07594, Roy v. Ittycheria et al.
Who Got The Work
Amy O. Bruchs and Kurt F. Ellison of Michael Best & Friedrich have entered appearances for Epic Systems Corp. in a pending employment discrimination lawsuit. The suit was filed Sept. 7 in Wisconsin Western District Court by Levine Eisberner LLC and Siri & Glimstad on behalf of a project manager who claims that he was wrongfully terminated after applying for a religious exemption to the defendant's COVID-19 vaccine mandate. The case, assigned to U.S. Magistrate Judge Anita Marie Boor, is 3:24-cv-00630, Secker, Nathan v. Epic Systems Corporation.
Who Got The Work
David X. Sullivan, Thomas J. Finn and Gregory A. Hall from McCarter & English have entered appearances for Sunrun Installation Services in a pending civil rights lawsuit. The complaint was filed Sept. 4 in Connecticut District Court by attorney Robert M. Berke on behalf of former employee George Edward Steins, who was arrested and charged with employing an unregistered home improvement salesperson. The complaint alleges that had Sunrun informed the Connecticut Department of Consumer Protection that the plaintiff's employment had ended in 2017 and that he no longer held Sunrun's home improvement contractor license, he would not have been hit with charges, which were dismissed in May 2024. The case, assigned to U.S. District Judge Jeffrey A. Meyer, is 3:24-cv-01423, Steins v. Sunrun, Inc. et al.
Who Got The Work
Greenberg Traurig shareholder Joshua L. Raskin has entered an appearance for boohoo.com UK Ltd. in a pending patent infringement lawsuit. The suit, filed Sept. 3 in Texas Eastern District Court by Rozier Hardt McDonough on behalf of Alto Dynamics, asserts five patents related to an online shopping platform. The case, assigned to U.S. District Judge Rodney Gilstrap, is 2:24-cv-00719, Alto Dynamics, LLC v. boohoo.com UK Limited.
Featured Firms
Law Offices of Gary Martin Hays & Associates, P.C.
(470) 294-1674
Law Offices of Mark E. Salomone
(857) 444-6468
Smith & Hassler
(713) 739-1250