DLA Piper is well regarded for its capabilities in restructuring and bankruptcy mandates, with expertise that also extends to Sharia-compliant facilities, secured financing matters, and bond issuances. The team is jointly led by James Iremonger, who is noted for his capabilities in insolvency proceedings, and Paul McViety, who is frequently called upon to arrange cross-border murabaha facilities. Richard Dassin provides additional strength across a range of financial services mandates.
Legal 500 Editorial commentary
Testimonials
Collated independently by Legal 500 research team.
- 'Chrissy Vassiliou is a pleasure to work with and has exceptional transaction management skills. She is responsive and commercial with strong technical expertise.’
- ‘Savvy and user friendly.'
- 'James Iremonger is exceptional.'
- Always available for questions and to provide assistance.'
- 'DLA Piper has a strong team that is well capable of advising on Sharia financing and general banking-related matters. We use them quite frequently for ISDA/IIFM related matters.’
- 'Richard Dassin is smart, always reachable and very helpful. He is pleasant to deal with and always goes the extra mile.’
- 'The team delivers advice across multi-jurisdictional corporate finance, acquisition finance, leveraged and general corporate facilities, together with Islamic structuring expertise.'
Key clients
- The joint trustees of the KBBO Group
- The joint administrators for NMC Health Plc
- The joint trustees of the EHG Group
- Emirates Islamic Bank PJSC (EIB)
- Boubyan Bank KSCP
- GymNation LLC
- ComFi
- Standard Chartered Bank
- HSBC
Work highlights
Acting for David Stark and Paul Leggett of Deloitte and Salem Ballama as the joint Court-appointed trustees of the KBBO Group, on the landmark debt restructuring of a diversified investment group headquartered in the UAE with operations across the MENA region, Europe and the United States.
Acting for David Stark and Paul Leggett of Deloitte and Salem Ballama as joint trustees of the Emirates Hospitals Group (EHG), a private sector hospitals group with facilities and clinics in Dubai, Abu Dhabi and Ras Al Khaimah, in connection with the implementation of its restructuring plan which formed part of the wider KBBO bankruptcy proceedings.
Advised Emirates Islamic Bank in relation to: a AED 290 million murabaha facility made available to Abdul Samad Al Qurashi Holding (ASQ), a Saudi Arabian company specialised and leader in the oud perfumes and fragrances.
Lawyers
Leading partners
The strongest partners in their field, leading on market-leading deals and endorsed by peers and clients alike.
Practice head
James Iremonger; Paul McViety
Other key lawyers
Richard Dassin; Jonathan Downey; Chrissy Vassiliou