Deacon Powell | Managing Director, Contracts & Compliance
- Leads EikonX’s Commercial, Contracts, and Compliance practice, based in Dubai, UAE
- Over 25 years’ experience advising businesses operating globally
Previous roles include C-suite for a cybersecurity joint venture and regional general counsel for large, multinational energy EPCI companies.
- US lawyer licensed in Louisiana and Texas
- Certified Compliance Professional (CCEP-I)
Primary Capabilities
- New Market Entry, Start-up Strategy and Execution
- In-country and Cross-border Transactions
- Advising Board, Management, Business Development, and Operations
- Contract drafting and negotiation
- Corporate Governance
- Compliance program development, implementation, monitoring, training
- Risk and Crisis Management
- Claims and Disputes
Key Industries Served
- Oil & Gas
- Maritime
- EPCI
- Power Generation
- Cyber
Selected Experience
- Market Entry/Exit
- Marine construction contractor’s expansions into Singapore, Indonesia, Malaysia, Nigeria, Israel, Brazil
- Energy EPCI contractor’s establishment in Kazakhstan
- Transactions
- Merger between US marine construction contractors, both with extensive international operations
- Equity acquisition of Swedish flue gas cleaning company
- Assets acquisition of US electrostatic precipitator business
- Contracts
- Negotiated hundreds of contracts for onshore and offshore services, including EPCI projects with national and major international energy companies in most global markets, some individually valued in the billions of US Dollars
- Secured purchases, sales, leases, hire in and out of critical assets, real and movable, including commercial real estate and vessels
- Corporate and Administration
- Formed, served on Boards, ensured governance oversight for dozens of corporations and LLCs in the US and abroad
- Officiated Shareholder and Board meetings
- US energy contractor’s relocation of long-established regional HQ from Singapore to Malaysia, including tax holiday and foreign employment exemption
- Created, administered, reorganized, dismantled equity and contractual joint ventures, partnerships, alliances in the US, Mexico, Saudi Arabia, China, Azerbaijan, Indonesia, Malaysia
- Compliance
- Developed, implemented, administered US-Saudi cybersecurity venture’s Compliance program, from blank state to functioning state
- High-consequence investigations involving bribery, procurement fraud, corporate espionage, theft, piracy, sanctions, boycotts, export controls, employee misconduct
- Created and provided general and targeted training to management and workforce
- Claims and Disputes
- Secured significant financial recoveries in contested claims under CAR, H&M, P&I, and CGL policies
- Reached settlements or awards in a variety of disputes, litigations and arbitrations, including multimillion Dollar arbitration in India against a public sector company
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