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The partner due to head DLA Piper’s Middle East finance practice has left after just a year as local senior partners are seconded to Australia.
Shehzaad Sacranie joined from Allen & Overy (A&O) in February 2009. DLA Piper announced that Sacranie would succeed Tony Holland as head of Middle East finance following the latter’s move in February 2010 to DLA Phillips Fox as its CEO, but Sacranie did not assume the role and is understood to have now returned to A&O.
Regional finance capability will be led by finance and projects co-head and Nakheel relationship holder Damian McNair, who is currently on secondment with corporate partner Peter Monk to DLA Phillips Fox.
DLA Piper regional managing partner for the Middle East Abdul Aziz Al-Yaqout said: “Damian McNair and Peter Monk, who continue to support our Middle East practice, are working in Australia on a number of significant projects. This reflects the global nature of our business and underscores our ability to respond to the needs of our mutual clients in the Middle East, Australia and elsewhere.”
Meanwhile, The Lawyer can reveal that DLA Piper is one step closer to launching in Brazil after forming a relationship with two-office local firm Campos Mello Pontes Vinci & Schiller.