London and Kuwait City – A team of Meysan lawyers served as legal counsel to a Kuwait-based consortium of shareholders, including Fahad Ali AlGhanim, Hamad Abdulmohsen AlMarzouq, Kamil G. Karam, and Meshal AlMarzouq, on the acquisition of Milton Keynes Dons Football Club (MK Dons), including the football club, Sports and Education Trust, Stadium MK, the hotel, Marshall Arena, MKFM and MK1 Parking, from Pete Winkelman.
Following the acquisition, which has been ratified by the EFL, Fahad Al Ghanim will assume the role of Chairman of MK Dons and Stadium MK group. Mr Al Ghanim’s family also owns Kuwait SC, one of the most successful football clubs in the Middle East.
Established in 2004, Milton Keynes Dons F.C., a football club located in Milton Keynes, England, competes in EFL League Two, the fourth tier of the English football league system. The club has steadily built a reputation in the football community.
The Meysan team was led by partner Dr. Abdulwahab Sadeq, with associates Adel AlAsousi, Nour Berbari, and Barak AlAjeel.
Advice was also provided by leading international firm, Latham and Watkins LLP.
The Council of Ministers recently issued an amendment (106/2024) (“Amendment”) to the Companies Law (1/2016) (“Companies Law”) with respect to the quorum and majority requirements of limited liability companies’ Extraordinary General Meetings (“EGM”). The Amendment could have significant effects on current business practices in Kuwait, and specifically on foreign shareholders… Read more
London and Kuwait City – A team of Meysan lawyers served as legal counsel to a Kuwait-based consortium of shareholders, including Fahad Ali AlGhanim, Hamad Abdulmohsen AlMarzouq, Kamil G. Karam, and Meshal AlMarzouq, on the acquisition of Milton Keynes Dons Football Club (MK Dons), including the football club, Sports and Education Trust,… Read more
We are proud to have acted as legal counsel to the Lead Manager and Subscription Agent Kuwait Financial Centre (Markaz) in relation to the successful issuance by Commercial Bank of Kuwait (Al-Tijari) of the Second Tranche of Basel III compliant Tier 2 Bonds with value of KWD 50 million and… Read more