DEPARTMENT PROFILE

Maples Group

Offshore

2 ranked lawyersBand 1United Arab EmiratesGlobal 2021 View ranking table
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chambers review
department information
Ranked Lawyers

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What the team is known for

Elite offshore firm noted for the longevity and stability of its Dubai team. Advises on the full gamut of matters relating to Cayman and British Virgin Islands investment funds, including the formation of private equity, hedge and real estate funds. Also well versed in issues arising from Shari'a-compliant funds. Maintains a strong offshore M&A practice, and continues to be acknowledged for its Islamic and aviation finance expertise. Regularly acts as issuers' counsel on high-value sukuk issuances. Continues to represent a blue-chip client base, including leading financial institutions and asset managers. Maintains strong relationships with numerous end-user clients and onshore counsel across the region.

Strengths

One commentator described the team as "very strong" and "technically sound," adding: "Their main strength is their commercial approach to transactions and client relationships."

"They're super responsive and offer a huge amount of clarity in their advice," reported one interviewee, who also described the team as "super reliable" and "service-focused."

Work highlights

Advised EMPG Classifieds on the BVI aspects of its acquisition of Dubizzle.

Notable practitioners

Manuela Belmontes is sought after for her expertise in Islamic and aircraft finance matters, with notable experience in sukuk issuances. One source valued the fact that she was "always very responsive despite tight timelines and provided clear and concise advice."

Philip Ireland enjoys a strong reputation for investment fund matters. He has expertise relating to a wide range of asset classes and is experienced advising on Shari'a-compliant funds. Interviewees describe him as "a really safe pair of hands," with one source adding: "I find him to be very practical and client-friendly."

Department Information

This content is provided by Maples Group.

Overview

Since opening as the first offshore law firm in the region in 2005, our Dubai office has successfully attracted high-profile investment managers, banks and fund managers to this rapidly growing finance centre, enabling us to offer time-sensitive service to such clients. Our office can provide a full legal service and can organise administrative and fiduciary support through our affiliate, MaplesFS. 
Maples Dubai is regulated by the Dubai Financial Services Authority and principally practises British Virgin Islands and Cayman Islands law, offering access to Ireland through our Dublin office. Understanding the region's business environment is essential to providing targeted, sophisticated legal support.

Offshore Department

Maples Group

firm
Department location

The Exchange Building, 5th Floor

Dubai International Financial Centre

PO Box 119980

Dubai

Dubai

United Arab Emirates

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Ranked Lawyers

Chambers Research is conducted by 200 Research Analysts, across 200 jurisdictions and provides nearly 6,000 rankings tables. Annually we collect hundreds of thousands of responses from clients, the majority via in-depth interview. Learn more about our methodology.

United Arab Emirates

Offshore


Manuela Belmontes
Band 1
Philip Ireland
Band 1