clyde first law firm into tripoli post uprising

Added 11th July 2012

Clyde & Co, the international law firm, is to open an office in Tripoli next month, becoming the first law firm to go into Libya since the Arab Spring uprising last year.

clyde first law firm into tripoli post uprising

The office will be in Tripoli Tower, and will be the firm’s fifth in the Middle East and North Africa region, Clyde & Co said yesterday.

The Financial Times reported that it it was issued a licence to operate in the country on Tuesday, “the first such licence issued by Libya to a foreign law firm in 40 years”.

Clyde & Co said Libyan lawyer Albudery Shariha will head up the office, coming to the firm from the Libyan Investment Authority, where he was general counsel.  He had been an “early defector” from the Gaddafi regime, the FT  noted.

Shariha will be joined by four associates on 1 August “and, given the level of enquiries received, Clyde & Co will be actively recruiting both Libyan and international lawyers in the coming months”, Clyde & Co, which is based in London, said.

It added that its Tripoli-based team “will be supported by dedicated multilingual Libya desks in London”.

The law firm’s opening of a Tripoli office comes as votes are still being counted in Libya’s first parliamentary election in 50 years.

Visitor's Comments Add your comment

Add Your Comment

We won't publish your address

About Author

International Adviser is aimed at global intermediaries who advise their HNW clients on International fund, life and banking products and tax efficient solutions to their cross-border needs

To subscribe to International Adviser's news bulletins and apply for a magazine subscription click below

Editor's Pick

Hong Kong pilots scheme to streamline fund approval process
Hong Kong pilots scheme...

Hong Kong's financial regulator is looking to speed...

When cash is a positive allocation not simply a defensive position
When cash is a positive...

The summer sell-off showed once again the failure of...

Fears over pension freedom liability leave savers unadvised
Fears over pension freedom...

UK financial advisers are avoiding giving advice on...

Sponsored Content


Other Stories From