Philip Kotsis

Biography

Philip is a US qualified attorney and has accumulated a broad range of experience in the areas of local and transnational corporate transactions, corporate establishments, mergers and acquisitions, corporate/joint venture organization, banking and finance as well as substantial experience in the corporate and finance aspects of Kuwait PPP projects.  He began his legal career in the U.S., where he gained vast experience in complex corporate transactions, petroleum distribution and marketing transactions and has litigated complex corporate matters before U.S. state and federal courts.

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Recent Experience

• Represented DSV Panalpina in connection with DSV’s acquisition of Agility’s Global Integrated Logistics business. Represented DSV in relation to all local aspects of the acquisition, including but not limited to, due diligence, restructuring, capital markets approvals, regulatory review, assistance with the preparation and negotiation of the purchase agreement, assistance with GCC merger control filings, and implementation of the acquisition. The acquisition was valued at USD 4.1 Billion.
• Lead counsel to Suez Cement Company on its sale of its controlling interest in Hilal Cement Company to Boodai Enterprises Company, which was conducted via an auction sale process through Boursa Kuwait. Al Tamimi led all aspects of the sell-side of the transaction, including due diligence, negotiation, preparation, and finalization of the SPA, and assistance with implementation.
• Represented numerous clients in relation to merger control filings, inquiries and transaction review in connection with the Kuwait Competition Protection AgencyLed the Kuwait representation to the Kuwait Authority for Partnerships Projects as part of a consortium with HSBC and the Fichtner Group with respect to the Umm Al Hayman Wastewater Project, which will comprise the design, financing, building, testing, commissioning, operating and maintaining of a wastewater treatment plant with a treatment capacity of 450,000 m3/d and to be done on a Public Private Partnership basis.
• Led the Kuwait representation of various consortia with respect to the Az-Zour North 2 Independent Water & Power Project, an IWPP Project with the Kuwait Ministry of Energy & Water, with respect to the development, financing, design, engineering, procurement, construction, operation and maintenance and transfer of a greenfield power generation and seawater desalination plant.
• Led the Kuwait representation of a consortium with respect to the KABD Municipal Solid Waste Project, a PPP Project with the Kuwait Municipality, advising on the design, engineering, procurement, construction, operation and maintenance of a waste-to-energy facility.
• Represented a consortium of international banks and agencies led by Japanese Bank of International Cooperation, Nippon Export & Investment Insurance and National Bank of Kuwait with respect to the Az-Zour North IWPP Project and its related US$ 1.2 Billion plus financing, which is expected to provide approximately 1,500 MW of additional power generation capacity and 100 MIGD of desalinated water. The project was the first one to be completed in Kuwait on a Public Private Partnership basis.
• Acted as leading Kuwait counsel for Goshawk Aviation, a joint venture between Investec Bank and Chow Tai Fook Enterprises, in an agreement to acquire the fleet of 15 Airbus A320s for US$ 507 Million from Jazeera Airways.
• Represented and representing several large multi-national, medium, and small foreign companies in applying for 100% foreign owned licenses issued through the Kuwait Direct Investment Promotion Authority.