Unrest in the Middle East has prompted a prominent role for lawyers as scrutiny grows over the assets of the region’s key political players, as Bakers’ Paul Stibbard reports
The recent turmoil in the Middle East has refocused attention on unexpected issues arising for clients in politically volatile regions. Not only have a number of countries, such as Egypt and Tunisia, been overtaken by abrupt political change, perhaps more seriously, regional tensions between countries such as Saudi Arabia and Iran, Iran and Israel and the increasing instability in Syria and Yemen have turned the region into a political tinder box. This has focused major families on political risk, wealth preservation and succession structures.
