White & Case seals Middle East tie-up with Gide's former Riyadh office
White & Case has ramped up its Middle East presence via a tie-up with the former Riyadh arm of Gide Loyrette Nouel and the hire of two new partners in Abu Dhabi. The new association will operate under the name Dr Waleed N Al-Nuwaiser in association with White & Case, and will be headed by ex-Gide corporate and commercial partner Waleed Al-Nuwaiser. Gide announced last week that it had decided to close its Dubai, Abu Dhabi and Riyadh offices with immediate effect.
November 04, 2010 at 12:34 PM
3 minute read
White & Case has ramped up its Middle East presence via a tie-up with the former Riyadh arm of Gide Loyrette Nouel and the hire of two new partners in Abu Dhabi.
The new association will operate under the name Dr Waleed N Al-Nuwaiser in association with White & Case, and will be headed by ex-Gide corporate and commercial partner Waleed Al-Nuwaiser.
Gide announced last week that it had decided to close its Dubai, Abu Dhabi and Riyadh offices with immediate effect.
Al-Nuwaiser brings with him a team of seven lawyers who will handle corporate and commercial, M&A, inward investment, public-private partnerships and Islamic finance work.
The US firm has also hired two finance partners for its Abu Dhabi office, with the new recruits joining from Baker Botts and global investment firm Babcock & Brown.
Margaret Cole has rejoined the firm after five years as general counsel at Babcock, while Shibeer Ahmed, the former Middle East head of legacy firm Lovells, has joined from the Dubai international project finance practice of Baker Botts after just over one year at the US firm.
White & Case split from its former Saudi association firm – the Law Office of Mohammed Al-Sheikh – in January this year. Al-Sheikh went on to seal a new alliance deal with Latham & Watkins after the US firm recruited a total of 13 partners from White & Case's London and Middle East practices.
White & Case EMEA operations council chair Philip Stopford said: "Obviously we were disappointed with the events in January in Riyadh and it has taken a bit of time to find the right replacement, but we have now got a significant upgrade with this new practice on the ground.
"Our clients clearly needed this, which is why we have taken our time to ensure we capture the right set-up. We will be looking to bolster this practice further with relocations in the coming months."
White & Case chairman Hugh Verrier said: "White & Case was one of the first law firms to focus on the Saudi market, initially through our relationship with Saudi Aramco, which began in the 1950s and continues to this day.
"We look forward to working with Waleed and his team to continue to advise our clients on Saudi law and reinforce our position."
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