Corporate Counsel Middle East Awards Employment Team of the Year: Al Tamimi & Company
Pictured (left to right): awards host Shereen Mitwalli; Samir Kantaria, head of employment, and Gordon Barr, partner, Al Tamimi; awards judge Ziad Zarka, general counsel, Muntajat
June 15, 2016 at 07:08 PM
2 minute read
Finalists: Clyde & Co; Eversheds; KBH Kaanuun; Pinsent Masons.
Demonstrating its strength in the region, Al Tamimi & Company was praised by the judges for "delivering a business-directed outcome in a complex commercial transaction".
The team's highlight work was advising on the employment aspects of a complex deal involving three separate transactions between two leading companies.
Each of the transactions were structured separately, involving a wide range of share and asset acquisitions, disposals and transfers across seven Middle East jurisdictions: the UAE, Saudi Arabia, Qatar, Kuwait, Bahrain, Oman and Jordan. The brief was to complete the transactions with minimal disruption to the businesses.
The regional advice was project-managed by a Dubai-based employment team, led by head of employment Samir Kantaria. The team coordinated the work of lawyers working across seven offices. A key challenge was that the arrangements for the employees agreed at company level needed to comply with local employment laws and regulations, in a context where employment law concepts recognised in the US and Europe – such as transfer rights – were unfamiliar.
The team achieved this by means of transitional services agreements, which were specifically designed to deal with all of the employment issues.
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