KWD 56 Million Private Deals (30% of a Listed Stock) on Boursa
Al-Hossam Legal successfully concluded 8 private transactions on Boursa Kuwait over a 30% of a stock listed in the Premier Market of Boursa Kuwait. The “Premier Market” is the flagsh
First IWPP Project Listing- Shamal Azzur – MCAP US$430 Million
Al-Hossam Legal acted as counsel to Shamal Azzur, the Kuwait’s premier independent power generation and water desalination operator made its debut on Boursa Kuwait’s Premier Market. The
Successful Completion of Merger by KAMCO Invest with Global
Al-Hossam Legal acted as legal advisor to KAMCO Invest with respect to the merger by amalgamation of Global Investment House into KAMCO Invest, one of the largest merger in Kuwait creating a
Lenders’ Protection Against Capital Reduction covers Gurantors
A new creditors’ protection has been introduced by Article 169 of the Kuwaiti Companies Law 1/2016 requiring a corporate borrower to first grant a security or collateral to lenders for
US$470 Million Murabaha Facility to ALAFCO
Al-Hossam Legal assisted a participant with major legal issues in the successful US$470 million 5-year Murabaha facility to ALAFCO. The syndication led by Al Ahli Bank of Kuwait and HSBC B
New Court Precedent – Court of Cassation Nullifies Loan Guarantee
A favourable judgment issued by the Court of Cassation (the Supreme Court of Kuwait) in favour of a guarantor nullifying a corporate guarantee issued to a lender bank on the ground that the
Moving offices to the prestigious KIPCO Tower – 42nd Floor
Effective 1st of May 2016, we will move our offices from the elite Al-Hamra Tower to the prestigious KIPCO Tower. We will be occupying the 42nd floor. This is an important step in our expans