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FAEGRE & BENSON ESTABLISHES ASSOCIATION WITH KUWAIT LAW FIRM

 FAEGRE & BENSON ESTABLISHES ASSOCIATION WITH KUWAIT LAW FIRM
 MINNEAPOLIS, April 8 /PRNewswire/ -- The law firm of Faegre & Benson has announced its association with the Kuwait law firm of Abdul Aziz Taher and Khalid Taher, Advocates. The association was established to assist Kuwaiti clients of the two firms in the assessment and prosecution of reparation claims resulting from the illegal invasion and occupation of Kuwait by Iraq and to facilitate international transactions of clients of each of the firms.
 Faegre & Benson, headquartered in Minneapolis, represents several Kuwait industries, including the Kuwait Hotel Owners' Association (KHOA) and the seven Kuwaiti five-star hotels -- each individually owned by Kuwaiti families -- whose monetary loss through physical property damage, business interruption and overall revenue loss is likely to be well in excess of one hundred million dollars. Under terms of the U.N. Security Council Resolution that Iraq signed following the cease-fire, Iraq is liable for war damages which could potentially total in excess of $100 billion.
 "The association was established to strengthen Faegre & Benson's working relationship with our Kuwaiti clients and to assure that they receive the level of legal service that a case of this magnitude requires," said Gordon Busdicker, a senior partner of the firm. Busdicker has made several trips to Kuwait to assess the damage first- hand and to meet with clients and potential clients.
 The two firms will pool their expertise to assess and document specific damages to Kuwaiti clients; direct efforts to maximize reparation claims; and execute the completion of the legal process as payments and procedures are determined. Faegre & Benson and the Taher Firm will represent their clients before a commission formed by the Government of Kuwait and before a U.N. established claims commission that will determine claimant recovery for damages wrought by the Iraqi invasion. Reparation payments will come from a compensation fund fed by a percentage of Iraq's oil sales. However, said Busdicker, damages for claims may not be paid out for a significant period, as world precedents in international law are set and the compensation fund is funded.
 Founded in 1886, Faegre & Benson has more than 270 lawyers, at offices in Minneapolis; Washington, D.C.; London; Frankfurt, Germany; Denver; and Des Moines, Iowa.
 -0- 4/8/92
 /CONTACT: Gordon G. Busdicker or Loree K. Miner, 612-336-3000, both of Faegre & Benson/ CO: Faegre & Benson ST: Minnesota IN: SU:


AL -- MN010 -- 6434 04/08/92 16:38 EDT
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Publication:PR Newswire
Date:Apr 8, 1992
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