Team Background

Petro Chemicals

Miras Legal acted as board secretaries and general counsels to flagship petrochemical company, engaged in conducting mismanagement investigations and fact findings, provided taxation advice, advised on service level agreements, and dealt with trade unions.

One of our partners successfully defended a leading petrochemical Kuwaiti firm in two cases filed by the Ministry of Finance about a claim of dividend taxes due on a foreign shareholder, saving the client more than USD 115 Million. 

One of our partners advised on share buy-backs of a Kuwaiti Petrochemical company on legal requirements, procedures and paperwork involved, as well as liaising with governmental bodies to execute the transaction following extensive legal research.

One of our partners acted as a board secretary for various shareholding companies, including EQUATE Petrochemical Company (an incorporated JV between DOW Chemical, the State of Kuwait, and Kuwaiti private sector companies)

One of our partners handled and supervised a multi-jurisdictional settlement involving the sale and distribution of petrochemicals among parties in Kuwait, Turkey, and USA.