Karabeth Ovenden

Partner in Quinn Emanuel's London office focusing on insolvency litigation who worked alongside administrators to litigate, protect assets, and implement the NMC reorganization.

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Dec 4, 2025 • 36min

Landmark NMC Restructuring in UAE

Join Richard East, a partner at Quinn Emanuel specializing in insolvency, and Karabeth Ovenden, also a partner with a focus on litigation, as they dive into the monumental restructuring of NMC, the UAE's largest healthcare provider. They uncover how a report from Muddy Waters led to NMC's shocking $6.5 billion debt revelation. Discover the novel strategy of relocating 36 NMC companies into Abu Dhabi's Global Market, navigating legal complexities to protect assets while ensuring vital healthcare services continued during the pandemic.

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