Chambers Review

Provided by Chambers
Restructuring/Insolvency - United Arab Emirates
1
Band 1
What the team is known for

DLA Piper is widely noted as one of the first international law firms to dedicate significant resources to restructuring and insolvency in the UAE. Its lawyers offer extensive experience assisting creditors, trustees and liquidators with financial restructuring and administration proceedings. The team also acts for company directors on the wind-down of entities and the related negotiation with creditors.

Work Highlights

Provided by DLA Piper LLP
  • DLA Piper represented the liquidators of Joannou & Paraskevaides (Overseas) in regard to disposal of the group's assets and in connection with enforcement proceedings in multiple Middle Eastern countries.

Strengths

Provided by Chambers

Notable Practitioners

Provided by Chambers
James Iremonger
1
James Iremonger
1
Band 1

James Iremonger has a market-leading practice assisting liquidators and trustees with the financial restructuring of significant regional companies. He heads the regional restructuring group at DLA from his base in Dubai.

"James Iremonger is an excellent restructuring lawyer."

"He gives complete, holistic advice and supports us on incredibly complex matters while ensuring commercial and practical solutions are offered."

"James has provided excellent strategic guidance on large cross-border insolvencies."

Peter Somekh
2
Peter Somekh
2
Band 2

Peter Somekh is DLA Piper's managing partner for the Middle East and Africa, as well as co-chair of its global restructuring practice. He frequently acts on large-scale, cross-border financial restructurings, acting for company directors, administrators and trustees.

Ranked Lawyers at
DLA Piper LLP

Provided by Chambers
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United Arab Emirates

Restructuring/Insolvency

James Iremonger
1
James Iremonger
1
Band 1
Peter Somekh
2
Peter Somekh
2
Band 2