The interview below was first published on The Am Law Daily.
We wrote yesterday about the mass of law firms that rushed into Dubai over the last two years to get in on the real estate and financing boom sweeping the general region, but we wanted to know a bit more about the climate there this week, now that Dubai World, the massive sovereign wealth conglomerate, has announced plans to restructure about half its $60 billion in outstanding debt. So we called Jawad Ali, a King & Spalding partner based in Dubai and the deputy head of the firm’s Middle East & Islamic Finance practice group.
