DEPARTMENT PROFILE

Kosta Legal

General Business Law

3 ranked lawyers

Band 2

Uzbekistan

Asia-Pacific 2022 View ranking table

chambers review

department information

Ranked Lawyers

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What the team is known for

Kosta Legal is a notable law firm with a strong presence in the Uzbek market, advising on a variety of domestic and cross-border mandates. Serves a sizeable roster of mainly international corporates, providing tailored corporate structuring and project financing advice. Also instructed on litigation and employment matters. The team has experience handling work in the energy, pharmaceutical and agricultural industries. Clients include Asian Development Bank and Masdar.

Strengths

An interviewees praises the "high level of professionalism and practical skills"of the lawyers at Kosta Legal, which "contributes to the establishment of confidence that the tasks assigned to them will be solved."

Clients also praise the firm for being "very accommodating and client-oriented."

Work highlights

Kosta Legal advised Sberbank on the sale of 84.2% of shares in Akhangarancement.

Notable practitioners

Azizbek Akhmadjonov maintains a diverse client portfolio spanning domestic and international banks and agribusinesses and foreign investors into Uzbekistan. He handles a range of project finance, debt restructuring and litigation. A source describes him as "very experienced."

Nail Hassanov is a leading lawyer in Uzbekistan whose expertise extends across a range of instructions, including project finance and development, and regulatory advice in the pharmaceutical industry. A source says that he "navigates problems very well" and is "commercially minded."

Vazgen Grigoryan is a partner in Tashkent who is adept at handling litigation and arbitration proceedings across a range of sectors, including agricultural, chemicals, oil and gas, and pharmaceuticals. An interviewee attests: "He pays attention to even the smallest details, which allows him to fully control the situation, leading to a positive result."

Department Information

This content is provided by Kosta Legal.

Overview

Kosta Legal is a results-oriented law firm offering a wide range of legal services to both new entrants and well-established businesses in Uzbekistan with particular expertise to offer legal advice and services to foreign investors.

We see our role as a local legal counsel in being first-to-call when our clients require high-quality and effective legal advice to facilitate their activities in Uzbekistan. This might include examining complex multi-party loan agreements for their compliance with Uzbek legislation or hiring/firing personnel; representing a client in negotiations for an investment agreement with Uzbek authorities or assisting in obtaining relevant licences to undertake necessary business activities; litigating in court on behalf of a client over a multi-million dollar dispute or assisting in obtaining visas for staff.

Based in Tashkent, Uzbekistan, we work with multi-national and Fortune 500 companies, financial institutions (including regional development banks), the governments of different states, and small and medium-sized businesses, along with start-ups.