KUWAIT Law and Practice Contributed by: Ezekiel Tuma, John Cunha and Luis Cunha, ASAR – Al Ruwayeh & Partners
ASAR – Al Ruwayeh & Partners was established in 1977, and is a leading corporate law firm and one of the most prominent firms operating across the GCC. ASAR has a leading corporate and commercial practice with a focus on mergers and acquisitions, privatisations, IPOs, banking and finance, corporate and commercial transactions, franchising, construc - tion, government projects, PPPs, securities, taxation, commercial litigation and arbitration. The firm’s ex - pertise extends over a wide range of areas that cover
local and foreign multinational corporations, banks and investment companies, industrial conglomer - ates, governments and state authorities, as well as private clients. ASAR provides legal advice in English, Arabic and French on Kuwaiti laws, conducting due diligence, advising on structures, drafting acquisition and investment documentation, assisting with nego - tiations to resolve contentious matters, and advising on regulatory and legal requirements.
Authors
Ezekiel Tuma is the managing partner at ASAR with over 26 years of legal experience and specialises in M&A, private equity, capital markets, restructuring and insolvency, and banking and finance. His recent M&A
Luis Cunha is a partner at ASAR and the head of the Corporate Commercial team. Luis has over two decades of top-tier legal experience on several continents and has assisted international and domestic
work includes advising on ground-breaking transactions such as Macquarie Air Finance Group’s acquisition of 76 aircraft from ALAFCO Aviation Lease and Finance Company, which is Kuwait’s largest aircraft fleet acquisition transaction, and the acquisition of the Bahraini-based Ahli United Bank BSC by Kuwait Finance House KSCP, Kuwait’s largest Islamic bank. He is a member of the Uganda Law Society, the East Africa Law Society and the International Bar Association. markets, M&A, banking and finance, and financial regulation. John has been part of ASAR’s M&A team working on transactions ranging from the typical to the highly complex. He advised on Omantel’s acquisition of 21.9% of mobile telecommunications company KSCP, Adeptio’s purchase of a 93.4% stake in Kuwait Food Company (Americana) and the acquisition by Burgan Bank of the entire share capital of United Gulf Bank BSC(c) in Bahrain. John is a member of the Law Society of England and Wales and the Law Society of South Africa. John Cunha is a partner at ASAR with over 25 years of legal experience, and practises in the areas of capital
clients with their mergers, acquisitions and corporate legal matters cutting across various sectors. He has been involved in a number of firsts, including the establishment of a company with majority foreign ownership under a hybrid system involving the Kuwait Foreign Direct Investment Law. Luis is admitted as an Attorney in the High Court of South Africa and as a Solicitor of England and Wales.
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