Restructuring/Insolvency
Global Guide 2024 : United Arab Emirates
Band 1
Contact number
+971 4 503 2600Chambers Review
Clifford Chance offers a market-leading practice advising an enviable roster of global financial institutions, including banks and asset managers, on the restructuring of credit facilities. The team also acts for prominent regional banking syndicates on Shari'a-compliant restructuring mandates. Lawyers within the firm have additional experience representing sukuk holders in respect of the restructuring of their certificates.
Work Highlights
- Clifford Chance assisted an ad hoc committee of creditors, including First Abu Dhabi Bank, with the financial restructuring of state-owned property developer Limitless.
Strengths
Provided by Chambers
"Clifford Chance is one of the top law firms. We highly rate the teams we have worked with."
"Clifford Chance is one of the top law firms. We highly rate the teams we have worked with."
Notable Practitioners
Abu Dhabi-based Nicola Reader acts for numerous prominent creditors on the financial restructuring of conventional and Islamic debt. She has also assisted with matters where the debtor has been undergoing UAE administration proceedings.
"Nicola Reader is brilliant - very knowledgeable about her subject and very intelligent."
"She always provides excellent technical advice which is very user-friendly."
"I have worked with her for years and she is fabulous. She really is a top restructuring lawyer in the UAE."