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Dechert LLP

UNIT 501, LEVEL 5, PRECINCT BUILDING 2, INTERNATIONAL FINANCIAL CENTRE, PO BOX 506675, Dubai, UNITED ARAB EMIRATES
Tel:
Work +971 4 425 6300
Web:
www.dechert.com

United Arab Emirates

Commercial, corporate and M&A
Commercial, corporate and M&A - ranked: tier 4

Dechert LLP

Dechert LLP is ‘willing to develop a broader relationship with its clients, and is collaborative in its approach and practical in its advice’. In an illustration of its strength in the oil and gas space, the ‘always helpfulGavin Watson advised Hass Petroleum on the sale of a 40% stake in the company to Oman Trading International. Chris Sioufi, who ‘has an excellent understanding of the dynamics of deals’, and the ‘very technically impressive’ Rodolphe Pellerin advised on the sale of a majority stake in a Nigerian manufacturer to a European company. Hamish Walton joined from King & Wood Mallesons.

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Construction
Construction - ranked: tier 3

Dechert LLP

Dechert LLP has ‘an excellent reputation for construction disputes’. Ravinder Bhullar, a new hire from legacy firm Nabarro (prior to its merger with CMS), is ‘highly experienced and takes a client-friendly approach’ – he handles a range of DIAC and LCIA arbitrations for clients including government-linked developers. Associate Alex Freeman is ‘hardworking and employs a very commercial approach’.

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Energy and infrastructure
Energy and infrastructure - ranked: tier 4

Dechert LLP

Dechert LLP’s ‘very knowledgeable team’ attracts praise for its ‘high-quality oil and gas work’. Gavin Watson, who is ‘experienced, insightful and highly supportive’, advised Hass Petroleum Group on is sale of a 40% stake to Oman Trading International. Other work concerns power projects and hydrocarbon extraction, often involving challenging jurisdictions.

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Investment funds
Investment funds - ranked: tier 2

Dechert LLP

Dechert LLP’s Phillip Sacks is ‘a subject matter expert and a well-respected lawyer with significant experience working on offshore and DIFC funds’. He and senior associate Saber Farooqi advised Aspect Investment Partners on establishing a $100m shari’ah-compliant credit fund. Other clients include Abu Dhabi Financial Group.

Next generation lawyers

Saber Farooqi - Dechert LLP

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Real estate
Next generation lawyers

Sarah-Jane Mahood - Dechert LLP

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Further information on Dechert LLP

Please choose from this list to view details of what we say about Dechert LLP in other jurisdictions.

United Arab Emirates

Offices in Dubai

Belgium

Offices in Brussels

China

Offices in Beijing

Germany

Offices in Munich, Frankfurt, and Bonn

France

Offices in Paris

Georgia

Offices in Tbilisi and Tbilisi

Hong Kong

Offices in Hong Kong

Latin America: International firms

Ireland

Offices in Dublin

Kazakhstan

Offices in Almaty

London

Offices in London

Luxembourg

Offices in Luxembourg

Russia

Offices in Moscow

Singapore

Offices in Singapore

South Korea

United States

Offices in Charlotte, Orange County, San Francisco, Washington DC, Princeton, New York, Hartford, Boston, Philadelphia, Silicon Valley, Austin, Chicago, and Los Angeles

Legal Developments in United Arab Emirates

Legal Developments and updates from the leading lawyers in each jurisdiction. To contribute, send an email request to
  • New Anti-Money Laundering Law

    The new anti-money laundering ( AML ) law of the UAE took effect at the end of October 2018. Containing features recommended by the Financial Action Task Force ( FATF ), the new law introduces subtle but important changes to the AML landscape in the UAE. 
  • Confidentiality Under Renewed Focus

    The UAE federal government has recently issued a raft of important legislation, addressing and in many ways updating areas of law that are key to businesses in the jurisdiction. Amongst this legislation is Federal Decree-Law 14 of 2018 concerning the central bank and the organisation of financial institutions and activities (the New Banking Law ) and Federal Decree-Law 20 of 2018 concerning anti-money laundering and anti-terrorism financing (the New AML Law ). Both the New Banking Law and the New AML Law repeal and replace the previous legislation on their respective subjects. Importantly, the New Banking Law and the New AML Law have together enhanced the protection afforded to confidential information under UAE law, in particular where financial and legal service providers and their customers and clients are concerned. 
  • Get 100% Foreign Ownership Today in Dubai

    Freezones have always been the topic of discussion in the U.A.E. Amongst the various benefits, 100% foreign ownership is one of the advantages which is enjoyed the most by investors in these freezone companies. In the below article, our Company Setup Specialist, Neelesh Pillai talks about everything that you need to know about setting up a Freezone branch in Mainland.
  • Overview of the Bankruptcy Proceedings and Preventive Measures in the UAE

    Before the approval of the UAE Federal Decree Law No. 9 of 2016 (the “Bankruptcy Law”) by the UAE Cabinet on 4 September 2016, the bankruptcy proceedings were regulated under the Commercial Code and were limited to court-driven proceeding addressed to liquidate companies rather than assist in restructuring their debts. This new law puts some light on the regulation on how companies should deal with their financial issues. In below article, our Associate from the Dispute Resolution department, Ahmed Salih talks about the bankruptcy proceedings and the preventive measures in the UAE. With over 10 years of experience in the UAE and Sudan , Litigator Ahmed Salih specializes in Commercial Law, Corporate Law, Civil Claims, Labour Disputes, Shari'a Law, personal status cases, Real Estate Claims, and Bankruptcy.
  • Time-bars, time limits and deadlines for legal cases under UAE law

    Under UAE civil law – like in other civil law systems – not all time-bars are mentioned and dealt with in one particular statue. Our Partner, Alessandro Tricoli , and Senior Associate, Shehab Mamdouh explains the different time bars, time limits and deadlines for legal cases under UAE law.
  • Seven Things to Know About Filing a Bankruptcy Petition in the UAE

    The absence of a legal framework for bankruptcy has long been a hindrance to UAE business. In the absence of proper bankruptcy laws, even a bounced cheque could land an entrepreneur in jail. The implementation of the relatively new bankruptcy law in the UAE is a huge step forward in improving the country’s economic and regulatory environment.
  • UAE Shipping Companies Seek VAT Exemption

    The UAE has climbed to sixth place in 2017 from seventh in 2015 on the list of the future leading maritime capitals.
  • Digital Directions

    Digital assets are the foundation of the new economy, and the developments of it continue to hit the headlines regularly. Our Partner & Head of Commercial & Technology, Irina Heaver explains different regulations depending on the nature of the specific assets.  This article was also published in LexisNexis - Middle East. 
  • All You Need to Know About Debt Recovery Procedures in the UAE

    According to the 2018 Global Ranking on Debt Collection, UAE is one of the most challenging places in the world for recovering the debt. With this in mind, keeping an eye on your cash-flow and expenditures are more vital than ever! Fichte & Co.’s dedicated Corporate and Litigation teams provide specialized commercial advice both for creditors and debtors and offer a tailor-made solution, including methods of recovery involving both judicial and quasi-judicial proceedings. Our debt recovery services minimize the time and expenditure involved in the pursuit of defaulting companies or individuals by applying a “No Cure – No Pay” policy. In the below article, our Associate & Litigator, Moaz Mustafa explains the debt recovery process, the court procedures and the time limitation in the UAE.
  • Examining FIDIC Construction Contracts: Part 1 – The Dispute Adjudication Board

    It is usual for construction and infrastructure projects in the UAE to be procured under FIDIC-based construction contracts, with varying degrees of amendment. Although FIDIC- Fédération Internationale Des Ingénieurs-Conseils (International Federation of Consulting Engineers) contracts are generic and internationally recognized standard form construction contracts, they require amendment for use in the UAE market. In the below article, our Litigator, Mahmoud Ahmed talks about few terms & conditions of this most popular and widely used FIDIC contract.