ICB is a premier law firm in the field of infrastructure development and the oil, gas and energy industry has been and remains the core industry served by this practice. We have provided legal and commercial advice regarding all aspects of international oil and gas transactions. We have advised government and private sector companies in connection with the restructuring, privatization and deregulation of oil, gas and energy sector in the State of Kuwait. We have critical knowledge of structuring, negotiation and creative problem solving requirements of successful oil, gas and energy projects. The partners of ICB were directly associated with the establishment of Petroleum Companies and have working experience and expertise in the development and financing of oil and gas exploration, development, transportation and processing projects. Through the depth and breadth of the partners' collective experience, we have had the opportunity to advise clients participating in various aspects and stages of the Projects. Thus, partners of the firm are familiar not only with the legal issues but also with the respective business and risk allocation concerns of sponsors, developers, host governments, commercial lenders and multi lenders involved in oil, gas and energy projects.
Lawyers at the firm have structured, implemented and advised on oil and gas transaction for more than a decade. The Firm’s Oil and Gas Practice Group is a multi-disciplinary group dedicated to transactions involving oil and gas properties and related assets, as well as the structuring and financing of such transactions. As a part of their transactional and financial practices, the Group is well versed in the preparation and negotiation of documentation unique to the oil and gas business, including, drilling, exploration and joint operating agreements, gas sales and transportation agreements, unitization agreements, production share contracts, agreements creating areas of mutual interest, and other agreements governing relationship among lessors, lessees, royalty owners and other service contractors, governments and the owners of concessions to explore for and produce oil and gas.
The firm’s clients include prominent multinational and domestic corporations, including KOC, KNPC, EQUATE, PIC to name a few, engaged in all aspects of the oil and gas industry. The firm advises international commercial and investment banks that provide financial and investment products and services or provides financing for participants in the oil and gas industry. The firm also represents numerous financial institutions and private equity funds investing in or financing various projects or assets in the oil and gas industry.
Joint Ventures and Strategic Alliance
ICB attorneys form legal teams for our clients in order to provide them with the highest quality legal services in the most efficient and cost-effective manner. ICB has advised on and created Joint Ventures with Kuwait Companies and large Corporations from around the globe for development of infrastructure, establishing of Companies, manufacturing units etc. ICB draft and negotiate contracts involving joint ventures, franchising, distributorship and licensing, and venture capital arrangements.
Labor and Employment
ICB has one of the leading labor and employment-practicing department in the State of Kuwait. We have helped employers cope with the constantly varying problems created by changing economic forces, new legislative and regulatory demands, and individual and class litigation.
Our labor and employment lawyers include well-recognized experts on wrongful discharge litigation; employee benefit matters; occupational safety and health; executive employment issues; governmental contract compliance; unfair competition/ trade secret disputes; false claims litigation and wage-and-hour issues.
We draft employment contracts sector-wise taking into account the laws applicable for that sector, sensitively balance, and protect the interests of both the employer and employee.
Litigation
ICB’s trail lawyers handle virtually every type of civil litigation. We have tried cases and argued appeals practically in every court in the State of Kuwait. We also handle disputes before a wide variety of non-judicial forums in Kuwait and before panels and tribunals.
We handle cases on business crimes and investigations, construction, and unfair competition, insurance / reinsurance matters, media litigation, product liability/ mass torts and transnational litigation with our affiliates in such countries.
Governmental Practice
Partners of ICB actively participate in the State political and legislative arenas representing the interests of clients. Further, lawyers assist clients in negotiations with governmental entities regarding contracts, franchises, licenses, oil and energy sector and land development.
Islamic Finance And Investment Practice
ICB is one of the premier firm practicing Islamic finance and investment practice in the State of Kuwait. Lawyers in the Firm, working with our clients, have pioneered the development of numerous finance and investment structures that comply with Islamic Shari’ah.
Intellectual Property Rights
ICB has renowned team with diverse experience in broad spectrum of Intellectual property rights consisting of trademark, copyright, patent, and design. All matters relating to the acquisition, protection, and commercial use of trademarks, patents, copyrights, and other proprietary information are dealt by the Firm. In addition, we also handle all phases of intellectual property litigation and have experience in drafting such agreements.
Arbitration & Mediation
ICB has experience in representing clients before Arbitration Panels and Tribunals. Our Firm handles both domestic and international arbitration. We are in the forefront of the alternative dispute resolution.
Real Estate Practice
We counsel clients on all aspects of commercial, industrial, residential and resort real estate transactions. Specific assistance includes analysis, counseling, negotiation, and document preparation for the ownership, construction, development, management, leasing, and financing of office buildings, warehouses, hotels, shopping centers, office parks, condominiums, apartment complexes and residential subdivisions.
Project Finance Practice
ICB has a special combination of expertise, resources and experience in the field of Project financing. We are adept at devising and implementing financing structures that respond to the needs of both lenders and investors. We have experience in Petrochemical and Refinery Project financing. We have experience advising on Projects involving Islamic finance transactions.