Eversheds wins Middle East telecoms adviser contract
Eversheds has secured a preferred legal adviser appointment to a new Middle Eastern telecoms developer. The top 10 firm has been named executive legal counsel to Gulf Bridge International (GBI), with the appointment to see Eversheds advising on all legal matters for the company worldwide. The firm will also be responsible for managing dealings with external law firms in those countries where it does not have an office.
July 16, 2009 at 04:48 AM
2 minute read
Eversheds has secured a preferred legal adviser appointment to a new Middle Eastern telecoms developer.
The top 10 firm has been named executive legal counsel to Gulf Bridge International (GBI), with the appointment to see Eversheds advising on all legal matters for the company worldwide. The firm will also be responsible for managing dealings with external law firms in those countries where it does not have an office.
Eversheds won the role after closing a deal for the company last month, which involved lawyers from three offices and a similar number of practice groups advising GBI on the private financing of a sub-sea cable by a consortium of investors in the Middle East.
Doha banking partner Amjad Hussain led the Eversheds team advising on the deal, which saw GBI raise around $445m (£278m) through private share placements in May. The firm also advised on telecoms and regulatory issues, with the wider Eversheds team including Doha real estate partner Richard Birks and Abu Dhabi partner Kuljit Ghata-Aura advising on private placement issues as well as London-based telecoms partner Neil Brown.
GBI chief executive Ahmed Mekky said: "Eversheds' responsiveness, commitment, flexibility and ability to mobilise resources at short notice proved invaluable."
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