CC joins Gulf rush with April Abu Dhabi launch
Clifford Chance (CC) is to strengthen its presence in the Middle East with the opening of a new office in the capital of the United Arab Emirates (UAE), Abu Dhabi. The new office is set to open in late April and will be headed up by CC finance partner Richard Ernest, who is currently based in the magic circle firm's Dubai outpost.
January 28, 2008 at 07:47 AM
2 minute read
Clifford Chance (CC) is to strengthen its presence in the Middle East with the opening of a new office in the capital of the United Arab Emirates (UAE), Abu Dhabi.
The new office is set to open in late April and will be headed up by CC finance partner Richard Ernest, who is currently based in the magic circle firm's Dubai outpost.
Ernest will initially be supported by three of the firm's Dubai partners. Last year CC transferred corporate partner Ian Hunter from the City to its Dubai arm in a bid to shore up the firm's local relationships with investment banks.
While CC has yet to decide on premises for the new office, the firm plans to eventually move its Abu Dhabi operations to the city's new business and finance district, which is currently being developed.
The City giant has had a presence in the UAE for more than 30 years, having opened its Dubai arm, which is now home to seven partners, in 1975.
The firm has advised on a number of major deals in the region in recent times, including the $1.4bn (£720m) acquisition of Egyptian Fertilisers Company by Abraaj Capital – the largest private equity deal seen to date in the Middle East and north African region.
CC's managing partner for the Gulf, Graham Lovett, said moves to open in Abu Dhabi reflected a growing demand from clients and underlined the big four UK law firm's commitment to the region.
He commented: "We are looking to bring new resource into Abu Dhabi by combining local experience with international expertise. We have been looking at this move for a while, probably over 18 months."
The news comes with a number of major international firms stepping up their efforts in the Gulf region, with this month seeing Freshfields Bruckhaus Deringer relocating former City finance chief Bob Charlton to Dubai and New York's Dewey & LeBoeuf making its debut in the emirate after a raid on US rival Akin Gump Strauss Hauer & Feld.
For thousands of the best legal jobs, click here.
This content has been archived.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 AllMcKinsey Subsidiary to Pay Over $122 Million to Settle US Investigation into South Africa Bribery Case
Gibson Dunn, Linklaters Advise on Talabat’s $2BN IPO in World’s Largest Tech IPO of 2024
2 minute readTrending Stories
- 1Call for Nominations: Elite Trial Lawyers 2025
- 2Senate Judiciary Dems Release Report on Supreme Court Ethics
- 3Senate Confirms Last 2 of Biden's California Judicial Nominees
- 4Morrison & Foerster Doles Out Year-End and Special Bonuses, Raises Base Compensation for Associates
- 5Tom Girardi to Surrender to Federal Authorities on Jan. 7
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