Clifford Chance (CC) and Latham & Watkins are among a number of law firms understood to be advising on the restructuring of Dubai World - the state-owned conglomerate responsible for some of the Middle East's most high- profile projects. The Dubai state yesterday (25 November) asked creditors of Dubai World for a six-month debt standstill on the company's liabilities in a move that caught credit markets by surprise.
November 26, 2009 at 10:51 AM
1 minute read
The original version of this story was published on Legalweek
Clifford Chance (CC) and Latham & Watkins are among a number of law firms understood to be advising on the restructuring of Dubai World – the state-owned conglomerate responsible for some of the Middle East’s most high- profile projects.
The Dubai state yesterday (25 November) asked creditors of Dubai World for a six-month debt standstill on the company’s liabilities in a move that caught credit markets by surprise.
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