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Chambers Review

Provided by Chambers
Banking & Finance - Pakistan
3
Band 3
What the team is known for

Akhund Forbes is a Karachi-based firm regularly advising clients on syndicated loans and project financings, among other matters. The firm is also known for handling capital markets mandates, including equity offerings and advice on securities regulations. The team has notable activity advising foreign investors on the financing of major infrastructure and utilities projects. The team additionally offers expertise regarding payment systems in the e-commerce sector. Clients include high-profile domestic and international lenders, as well as borrowers, with examples such as Credit Suisse, Aisha Steel Mills and Meta.

Strengths

"Akhund Forbes are attentive and pragmatic. They appreciate the important points and can get to why something matters or not."

"Their understanding about legal matters related to financing is strong."

Work highlights

Akhund Forbes advised Credit Suisse on its conventional and Islamic financings to the Ministry of Finance of Pakistan.

The firm also assisted UBL Fund Management with show cause notices issued by the Securities and Exchange Commission of Pakistan.

Notable practitioners

Rabel Akhund maintains a wide-ranging finance practice, handling capital markets and Islamic finance transactions, in addition to fund management matters. "Rabel is very thorough in his advice and able to adjust to our commercial risk positions and give appropriate advice." "He will smooth out the rough edges of a transaction and work behind the scenes to solve potential problems before they grow."

Ranked Lawyers at
Akhund Forbes

Provided by Chambers
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Pakistan

Banking & Finance

2
Rabel Akhund
2
Band 2