Laurent Levac

2015 / 2016 Highlights

Banking and Finance

• Advised on a USD 250 million loan by a bank to a U.A.E subsidiary of our client to discharge obligations under a previous facility.

• Provided legal and regulatory advice to various global financial institutions and private banks in relation to their banking and securities activities with respect to Kuwait.

• Provided legal and regulatory advice to leading US and UK headquartered banks in relation to their set up of their local branch bank office’s in Kuwait.

Mergers and Acquisitions

• Advised on the acquisition of a 30% stake in a company and a direct participation in certain of its affiliated entities in GCC and non GCC jurisdictions.

• Currently advising a Qatari consortium on the acquisition of a Luxembourg based international private bank (with operations in more than 20 jurisdictions) and liaising with regulatory agencies in several jusrisdiction in connection therewith.

• Currently advising a major European financial institution on its sale of one of its subsidiaries for approximately USD 3.126 billion in cash and liaising with regulatory agencies in connection therewith.

Corporate

• Currently advising various foreign corporates on their set up of a local presence in Kuwait, including structuring advice for the implementation of various arrangements to adddress Kuwait’s foreign ownership restrictions.