David Pang focuses his practice on corporate transactions and commercial matters at the Dubai office of Bracewell LLP. He advises on cross-border M&A, private equity and venture capital investments, share and/or asset acquisitions/disposals, joint ventures, legal due diligence, commercial contracts, corporate restructuring and corporate governance throughout MENA, U.S., Europe and Asia.
He has represented a range of clients, including private and listed companies, high net worth individuals and family groups, sovereign wealth funds, private equity funds, banking and financial institution involving transactions across all industry sectors.
In addition, David has developed a specific interest in the energy sector. In the oil and gas space, David advises clients on oil and gas transactions across the upstream, midstream and downstream value chain and the related legal documentation including PSAs, JOAs, JV/shareholders agreements, and oil and gas sales and transportation agreements. In the renewables space, David’s power project experience includes advising on EPC and O&M contracts, PPAs, and various project and financing documentation for solar PV and wind farm projects.
David also brings a clear understanding of the commercial approach and practical needs of in-house legal teams having spent 8 months on secondment with a national oil company and 3 months on secondment with a renewable energy PE fund.
Recent Notable Matters
Renewable Energy Private Equity Fund — seconded to fund as senior vice president legal to the in-house legal team for three months to advise on various corporate transactions, general commercial matters and group structuring
National Oil Company — seconded to company as senior legal counsel to the in-house legal team for eight months to advise on various corporate and commercial matters including group structuring, PSAs renegotiation, corporate governance and compliance matters
Renewable Energy Private Equity Fund — acquisition and financing of the 20.5 MW Ma’an solar PV project in Jordan
Renewable Energy Private Equity Fund — establishment of a private equity fund in Turkey
Renewable Energy Private Equity Fund — asset purchase of a 50 MW wind farm project in Jordan from a Chinese state-owned entity
International Oil Company — acquisition of an upstream asset in Asia from a National Oil Company via an auction process
Leading Operations & Management Company — acquisition of an UAE-based O&M company with operations across the GCC
Major Investment Bank — joint venture of a metal storage and logistic company (accredited by the London Metal Exchange) with operations across the U.S. and Europe
International Oil Company — disposal of its oil and gas operations in Kazakhstan via an auction process
United Kingdom Hedge Fund — admission of major EU energy exchanges and grid/system transmission operators
KSA Investment Fund — acquisition of one of the top five waste management and environmental solutions companies in the Middle East
Ultra High Net Worth Family Office — global corporate restructuring of a group of multi-national companies with annual revenue exceeding $6 billion offering various franchised products
Premier Retail Group — BVI and UAE restructuring of 40 companies (prior to a potential equity investment of $500 million by a third party) operating 50+ international franchises across MENA
Global Car Manufacturing Brand — MENA commercial arrangements including vehicle dealership arrangements, supply chain arrangements, employment law issues, trading and local law compliance issues, and financing arrangements
Major Defence Contractor — business expansion throughout the MENA and Asia, including advising on corporate structuring, commercial contracts and both contentious and non-contentious employment matters
Leading Heavy Machinery Manufacturer — structuring and implementation of joint ventures (contractual and corporate) and the appointment of commercial agents, distributors and franchise holders in the UAE, Saudi Arabia, Qatar, Oman, Bahrain, Afghanistan, Iraq, Yemen, Syria, Lebanon, Egypt and Jordan
Publications and Speeches
"Standard Clauses ‘Boilerplate’ Agreement: UAE, Parts 1-3", Practical Law, Thomson Reuters, March 1, 2017.
"Supply Contracts Country Questions: United Arab Emirates," Practical Law, October 13, 2016.
"Consumer contracts country questions: UAE," Practical Law, Thomson Reuters, September 3, 2016.