December 14, 2020
Shalakany secures favorable settlement for a Middle Eastern startup client
Shalakany is pleased to announce that it has secured a favorable settlement for a Middle Eastern startup client. The settlement follows from a favorable Award issued earlier this year by the Dubai International Financial Center- London Court of International Arbitration (DIFC-LCIA) against a FTSE 100 company.
Shalakany acted alongside Newton International Management, LLC. NIM’s principal Ayman S. Ashour stated: “This was a long and difficult case, we had strong opposition from five different leading law firms but we prevailed”.
Senior Partner Adam El Shalakany stated that: “It’s always good to get a positive result for MENA startups. We see it as part of our role in the MENA ecosystem.”
Shalakany acted alongside Newton International Management, LLC. NIM’s principal Ayman S. Ashour stated: “This was a long and difficult case, we had strong opposition from five different leading law firms but we prevailed”.
Senior Partner Adam El Shalakany stated that: “It’s always good to get a positive result for MENA startups. We see it as part of our role in the MENA ecosystem.”
