MGB Law Offices

General Business Law Department

Azerbaijan
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What the team is known for

Domestic firm that regularly acts as local counsel to international lenders and energy companies. Well known for its anti-monopoly and regulatory advisory assistance as well as its project financing capabilities. Active in litigation, arbitration and aviation work, also advising on the formation of joint ventures.

Strengths

The team is noted for its good client service, with a client describing the lawyers as "very experienced both in local as well as international issues," adding that they are "impressed by the quality of the firm's service."

Work highlights

Represented EBRD and DEG in the USD5 million financing of Veyseloglu, a producer of confectionery and foodstuff in Azerbaijan.

Acted for GTLK on the financing related to acquisition of a Boeing 747-83QF aircraft by the regional cargo aircraft operator.

Notable practitioners

Managing partner Ismail Askerov has a wealth of experience advising on complex financing transactions. He also acts on M&A in the oil and gas industry, as well as on corporate contracting issues. He is praised by a client who says: "His level of professionalism is very high," adding that "he is able to understand the issues quickly and responds quickly as well."