Torossian, Avanessian & Associates

General Business Law Department

Iran
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What the team is known for

A very long-term market stalwart, with market experience built up over decades. Has an extensive track record of advising both domestic and international clients on transactional mandates, and frequently collaborates with international law firms. Specialised in banking and finance particularly, with a focus on Asian markets. Possesses a wealth of expertise advising firms on sanctions compliance.

Strengths

Market sources comment positively on Torossian, Avanessian & Associates' longevity, noting: "They have seen it all and provide good-quality work."

Work highlights

Provided Iranian counsel to an international bank in multiple transactions with Iranian banks concerning the financing of refineries.

Notable practitioners

Commentators laud Vrej Torossian as someone who "knows his stuff - he's been around a long time." One of the country's most recognisable and established lawyers, he is known for his expertise in trade mark law and has extensive experience advising clients on an array of corporate and commercial matters.