Ashurst raids Norton Rose for projects partner Inglis
Ashurst has strengthened its Middle East projects capability with the hire of Norton Rose projects partner John Inglis. Inglis, the London-based head of Norton Rose's Middle East energy project finance group, has resigned from the City firm and is set to join Ashurst as a partner.
February 08, 2007 at 08:50 AM
2 minute read
Ashurst has strengthened its Middle East projects capability with the hire of Norton Rose projects partner John Inglis. Inglis, the London-based head of Norton Rose's Middle East energy project finance group, has resigned from the City firm and is set to join Ashurst as a partner.
His departure follows the loss of Dubai partner Tahir Ahmed, who quit Norton Rose last month – also for Ashurst. Ahmed becomes the fourth partner in the City giant's Dubai office, which opened in 2005.
Inglis led a team last year that advised 33 lead arrangers on the $2.5bn (£1.28bn) financing of the Greater EQUATE project in Kuwait – the largest project financing seen in Kuwait . He also advised Marubeni Corporation on the $1.2bn (£610m) Rabigh Saudi power project.
The resignation will be a blow for Norton Rose, coming on the heels of the hire by Herbert Smith of Dubai-based finance partner Nadim Khan and corporate finance partner Zubair Mir.
Following the departure of Ahmed, office head Graeme Muir is Norton Rose's last remaining partner in its Dubai office. Rated project finance partner Andrew Newbery, who focuses on Middle East power and energy projects, also left Norton Rose last year to join Herbert Smith.
Inglis told Legal Week: "I will be based in London but principally focused on the Middle East. My experience over the last seven years has been in the Middle East, which has been and continues to be a booming market."
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