In a landmark decision, Meysan succeeded in obtaining an administrative court ruling overturning a decision by Kuwait’s Capital Markets Authority.
Meysan represented a shareholder in a local logistics company who submitted a whistleblower complaint to the CMA, alleging that the company had failed to properly comply with local disclosure obligations, particularly in connect with its financial accounts. The CMA summarily dismissed the shareholder’s complaint.
Meysan represented the shareholder in successfully appealing the CMA’s decision before Kuwait’s administrative courts. In a seminal ruling, the court confirmed that the CMA may not dismiss a whistleblower complaint if there exist parallel judicial judgments that substantiate the complaint.
The Meysan team was led by partner, Waleed Al Tattan, and Senior Counsel, Tarek Diab.
Meysan’s legal team, led by Partner Waleed Al-Tattan and Senior Counsel Tarek Diab, achieved a significant court victory on behalf of one of Saudi Arabia’s largest banks. The team successfully obtained two rulings from the Kuwaiti courts enforcing execution orders issued by a Saudi enforcement judge against two Kuwaiti guarantors, with a combined value… Read more
In one of the most high-profile and complex commercial agency disputes in Kuwait’s legal history, a Kuwaiti company filed multiple lawsuits against one of the world’s largest European automotive manufacturers, seeking KWD 320 million (approx. USD 1.04 billion) in damages. The dispute centered around the termination of an exclusive distribution… Read more
The Kuwait Constitutional Court issued another significant ruling on 25 June 2025 (the "June Ruling") which was published in the Official Gazette on 20 July 2025, declaring that Article 34(5) of the Competition Protection Agency Law No. 72 of 2020 (the “CPA Law”) is unconstitutional. This ruling highlights ongoing constitutional… Read more
In a landmark judgment issued last week, the DIFC Court of Appeal has upheld a USD 1.6 billion ICC arbitration award in favour of Meysan client Iraq Telecom Ltd, bringing to an end the largest set-aside application in the history of the DIFC Courts. The ruling confirms that the award… Read more
KUWAIT CITY, June 15,2025 - Meysan Partners successfully advised the Joint Lead Managers as Kuwait counsel on Boubyan Bank's US$500 million senior unsecured Sukuk issuance under its US$3 billion Trust Certificate Issuance Programme. Transaction Overview: The transaction marks Boubyan bank’s return to the debt market after 3 years • 4.2… Read more
Meysan acted as Kuwait counsel to Warba Bank K.S.C.P. (“Warba”), in its successful issuance of a US$250 million Perpetual Additional Tier 1 Capital Sukuk through its SPV, Warba Tier 1 Sukuk (3) Limited. This successful transaction marks the first US Dollar AT1 issuance from Kuwait in 2025, and the first… Read more