Ashley joins the Dubai banking and finance team from Taylor Wessing where he was a partner in their European finance group.
In order to meet an unprecedented expansion in client demand, Clyde & Co has rapidly expanded its corporate practice over recent years. The UAE practice has needed to continually widen its product offering to meet increasingly sophisticated requirements and the addition of Ashley to the team will enhance the range and depth of financial services expertise.
Ashley has worked on a significant number of high value and high quality banking and finance transactions and his experience will prove invaluable in the Middle East market where the growth of sophisticated financial structures looks likely to accelerate significantly in the short term.
Jonathan Silver, who heads up Clyde & Co's Middle East based practice, noted that "Ashley will be the 13th Clyde & Co partner based in the Middle East, a position which is vastly different to the five partner practice based in the region less than three years ago.
"Ashley has a strong track record of delivering on major financing projects and brings a wealth of City experience. He will add to the core strength of our finance and corporate offering and allow the firm to deliver an even greater array of quality legal services to clients both in the Middle East and the wider Asian region."
Ashley added, "I am delighted to be joining a rapidly expanding legal practice in the growing and exciting business environment that is the Gulf region. There are many financing opportunities for transacting deals of all types with increasingly sophisticated banking and financing structures, including shariah compliant structures, reflecting the dynamic development of the Gulf economies. Clyde & Co continues to serve and compliment its' clients' own business development and my appointment underlines the firm's commitment to its clients and to the region."
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Clyde & Co boosts UAE with new partner hire
- United Arab Emirates: Monday, November 20 - 2006 at 14:48
- PRESS RELEASE
Clyde & Co has further expanded its Middle East presence with the hire of Ashley Painter.
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1. Ashley Painter - Ashley is Australian and trained and qualified in Australia with Malleson Stephen Jacques. He moved to London in 1993 and, after two in-house jobs with Enskilda and JP Morgan, spent three years with Freshfields. He then moved to Cameron McKenna as a partner where he spent five years in the banking and finance department, latterly as Head of Capital Markets/Wholesale Banking. Ashley moved to Taylor Wessing in 2004.2. Clyde & Co in the Middle East - The firm in the Middle East was established in 1989. We have offices in Dubai and Abu Dhabi and provide advice to a wide range of clients from countries all around the world on their operations throughout the Middle East and the Indian subcontinent.
Within the Middle East offices we will have 70 lawyers and paralegals before the end of the calendar year, including 13 partners. Our lawyers have specialist skills and expertise in our core areas of corporate and commercial, capital markets, banking and finance, Islamic finance, dispute resolution, insurance and reinsurance, shipping and transport, aviation, international trade, energy, construction and property, intellectual property including trademarks, information technology, media and telecoms, and employment.
Based on a successful formula of providing local expertise and experience, delivered to the
high standards of an international law firm, Clyde & Co has, now, the largest presence of any of the international law firms in the United Arab Emirates.
3. Clyde & Co is a leading international law firm with particular strengths in aviation and aerospace, cross-border trade and investment, intellectual property including trademarks, international arbitration, trade disputes, shipping and marine matters, insurance and reinsurance, transport, energy, corporate and commercial law, finance and technology.
The firm has offices in Abu Dhabi, Caracas, Cardiff, Dubai, Guildford, Hong Kong, London, Nantes, Paris, Piraeus, Rio de Janeiro, Shanghai, Singapore, and associate offices in Belgrade, Los Angeles, Moscow, New York and St Petersburg. The firm also has an exclusive co-operation agreement with a major law office in Iraq.
For further information please contact Lisa Mercer, head of communications, London - Tel: +44 (0)20 7648 1981
Janeta Novakovic, Assistant News EditorMonday, November 20 - 2006 at 14:48 UAE local time (GMT+4)
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of AME Info FZ LLC / Emap Limited.
This article was updated on Sat Jan 13 2007.
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