Clifford Chance (CC) and Allen & Overy (A&O) have concluded their work on the landmark $16bn (£10bn) restructuring of troubled Dubai construction giant Nakheel, which has seen it split from parent company Dubai World. The restructuring was implemented last week (24 August) after around two years of work for the magic circle duo, which were instructed in 2009.
August 30, 2011 at 06:33 AM
1 minute read
The original version of this story was published on Legalweek
Clifford Chance (CC) and Allen & Overy (A&O) have concluded their work on the landmark $16bn (£10bn) restructuring of troubled Dubai construction giant Nakheel, which has seen it split from parent company Dubai World.
The restructuring was implemented last week (24 August) after around two years of work for the magic circle duo, which were instructed in 2009.
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