Dario Sabaghi is a correspondent for Law.com International in the Middle East. He writes about lawyers and legal issues across the region, including stories related to the business of law, global and domestic law firms, in-house legal departments and regulatory issues. He can be reached at [email protected].
July 02, 2024 | International Edition
Baker McKenzie Acquires RHQ Saudi License & Majority Interest in Local FirmThe firm has been granted a Regional Headquarter License for its Riyadh-based office.
By Dario Sabaghi
2 minute read
June 26, 2024 | International Edition
A&O Shearman Advises on First Major Restructuring Under UAE Bankruptcy LawA&O Shearman advised UAE-based Drake & Scull International on a pioneering $1.1 billion debt restructuring, marking the first major case under the UAE Bankruptcy Law.
By Dario Sabaghi
2 minute read
June 20, 2024 | International Edition
White & Case, Latham Advise on Saudi Aramco's $11.2 Billion Share OfferingAramco's secondary offering is the largest equity capital markets offering in the Middle East since Saudi Aramco's IPO in 2019.
By Dario Sabaghi
3 minute read
June 17, 2024 | International Edition
Latham and Cleary Advise on $2 Billion Lenovo-Saudi Public Investment FundLenovo, plans to sell a $2 billion zero-coupon convertible bond to Alat and establish a MEA headquarters and a new manufacturing facility in Riyadh.
By Dario Sabaghi
2 minute read
June 13, 2024 | International Edition
Saudi Arabia Considers Relaxing Regulations For Foreign Law FirmsSaudi Arabia is consulting on plans to relax restrictions on foreign law firms in a significant change that would allow partners to establish fully non-Saudi-owned and operated offices in the Kingdom.
By Dario Sabaghi
3 minute read
May 28, 2024 | International Edition
White & Case Named in $1.83B Lawsuit Tied to Malaysia State Fund Scandal1MDB states that it was misled into believing that PetroSaudi was owned by the late Saudi King Abdullah.
By Dario Sabaghi
5 minute read
May 22, 2024 | International Edition
Global law firms advise Mubadala On Completion of Fortress AcquisitionFollowing the transaction, Fortress management holds a 32% equity interest, giving them the right to appoint a majority of the board.
By Dario Sabaghi
4 minute read
May 17, 2024 | International Edition
White & Case, Linklaters, Ibrahim & Partners Advise on Dubai Supermarket IPOLawyers from across the Middle East, London and the US worked on the Spinneys IPO, which led to an implied market capitalization of around $1.5 billion.
By Dario Sabaghi
2 minute read
May 02, 2024 | International Edition
UK and US Lawsuits Seek Accountability for Environmental and Financial Justice in the Middle EastThe U.K. suit, filed by Hausfeld against oil giant BP, alleges health damages caused by flaring practices, while in the U.S., a class action suit filed against Lebanese financial institutions on behalf of depositors alleges financial misconduct and violations of federal racketeering laws.
By Dario Sabaghi
3 minute read
May 01, 2024 | International Edition
Al Tamimi, Paul Hastings Advise Microsoft-G42 on $1.5B Deal in the UAEAl Tamimi & Company and Paul Hastings have advised a $1.5 billion investment between big tech Microsoft and the Abu Dhabi-based Artificial Intelligence…
By Dario Sabaghi
3 minute read
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