Leges Advokat

General Business Law Department

Uzbekistan
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What the team is known for Well-reputed banking and finance team, regularly advising major international financial institutions on local regulatory matters and other local law issues related to project financing. Experienced in a variety of matters that include project finance, financial transactions, divestment and construction. The team also acts on a wide range of corporate and commercial mandates and is regularly retained by international and domestic corporates. Also well placed to advise international companies on local law issues and the establishment of new Uzbek business entities.

Strengths Clients describe the team as "very well prepared and organised," and report that the lawyers "act swiftly and are knowledgeable on local law issues."

Work highlights Assisted a consortium of international lenders including Gazprombank and China Development Bank on the USD2.3 billion financing for a gas-to-liquids project in Uzbekistan.

Notable practitioners

Interviewees say that Azamat Fayzullaev is "experienced on transactions" and "clearly has a very good understanding of local laws and procedures." He is sought after for his expertise in handling cross-border project finance and corporate finance transactions. He also assists international clients with the regulatory aspects of setting up their Uzbek business operations. "I would consider him to be one of the best lawyers in Uzbekistan," a source attests.

Seasoned practitioner Nizomiddin Shakhabutdinov has extensive experience in cross-border lending and project finance mandates. A source reports that he has "meticulous attention to detail and takes care of matters carefully and efficiently."