Middle East lawyers are moving to downplay fears over Dubai’s future amid growing concerns regarding the Emirate’s debts. A host of international law firms, including Clifford Chance (CC), Latham & Watkins and Allen & Overy (A&O), have already won roles advising on the restructuring of Dubai World, which last week caused global panic when it emerged it wanted to delay debt repayments.
December 02, 2009 at 07:12 PM
1 minute read
The original version of this story was published on Legalweek
Middle East lawyers are moving to downplay fears over Dubai’s future amid growing concerns regarding the Emirate’s debts.
A host of international law firms, including Clifford Chance (CC), Latham & Watkins and Allen & Overy (A&O), have already won roles advising on the restructuring of Dubai World, which last week caused global panic when it emerged it wanted to delay debt repayments.
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