Middle East roundtable: the best quotes

Author: | Published: 5 Nov 2009

Last week IFLR hosted a roundtable discussion in Dubai, where prominent in-house counsel and Islamic finance lawyers debated the legal questions dominating the region. Below are our favourite quotes from the conversation, including the problems with family-group companies, why sukuk defaults have a silver lining and American finance is like an old tree.

“The downturn has forced banks to accelerate what might have been a natural progression for them. There is going to be more scrutiny, and banks are going to be more focused on really understanding the structure and finances of the entities they’re lending to.”
Adam Key from Citigroup on why...