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29 Oct 2021

Stephenson Harwood wins at IFLR Middle East Awards 2021


Law firm Stephenson Harwood LLP was awarded 'M&A Deal of the Year' at the IFLR Middle East Awards 2021.

The firm advised EnTrust Global’s Blue Ocean Funds on financing the acquisition of United Arab Chemical Carriers. This precedent-setting transaction was structured as a reverse triangular merger with United Overseas Group and was the first merger of its kind under the Companies Law of the Dubai International Financial Centre (DIFC).

“It was a pleasure and a privilege to advise EnTrust Global's Blue Ocean Funds on the implications of such an innovative and ground-breaking structure in relation to this landmark regional M&A deal," said Sandeep Dhama, Dubai-based corporate partner.

The Stephenson Harwood team was led by partner and global head of ship finance Ian Mace, alongside Dubai-based corporate partner Sandeep Dhama and finance partner Nijoe Joseph.

"This deal is an excellent example of the type of complex cross-practice and cross-border transaction in which Stephenson Harwood excels," said Ian Mace.

The IFLR Middle East Awards celebrate legal innovation, recognising the best work in both private practice and in-house departments that teams, firms and individuals have achieved over the last 12 months throughout the region.



Ian Mace

Ian Mace
Partner and global head of maritime trade and offshore finance

T:  +44 20 7809 2653 M:  +44 7827 353 109 Email Ian | Vcard Office:  London


Andrew Rieley
Head of communications and PR
T: +44 20 7809 2886
Email Andrew