Firm / Organisation

BM Morrison Partners LLC

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Managing Partners: Aykhan Asadov
Number of partners: 3
Number of lawyers: 11
Languages: Azerbaijani, English, Russian

Firm Overview:
BM Morrison Partners is a private legal practice with the longest history in Azerbaijan, with a strong team of lawyers and strength across all major practice areas and industry groups. It has good client base with a balanced mix of foreign and local clientele and participated in every major transaction in Azerbaijan, from privatisations, infrastructure and natural resource projects to satellite launch and major finance projects (such as securitisations and debt, including Eurobond, offerings). The firm has five lawyers (advokats) admitted to the Azerbaijani bar.

Practice Areas:
Corporate (M&A) & Commercial
Oil & Gas
Banking & Finance
Real Estate
Information Technology (IT) & Telecommunications
Private Clients
Dispute Resolution & Litigation
Intellectual Property (IP)

Main Areas of Practice:

One partner, three associates 
The firm's services includes formation and acquisition of companies in Azerbaijan and abroad (numerous representations, mostly, cross-border), corporate reorganization and restructuring (bank insolvencies), mergers and acquisitions (M&A), including pre-acquisition legal reviews (due diligence) (numerous representations, mostly, cross-border), shareholder agreements and corporate governance issues (representations, including formation of first private credit bureau with 22 shareholders), venture-capital financing (representations include a venture capital vehicle), public and private offerings of securities and securities law (contributions to numerous prospectuses and subscription agreements), and cross-border transactions and joint ventures. 

Oil & Gas:
One partner, two associates
Oil and gas is an industry of a particular importance to Azerbaijan. The firm offers its unrivalled experience and industry-savvy representation to entities operating in the up-, mid-, and downstream oil and gas. It regularly represent exploration and production companies, petroleum engineering and oil field services companies, downstream oil and gas, and major construction companies.
Services include: regulatory advice (numerous representations of foreign and local clients), advising under various industry agreements, including production sharing agreements (PSAs) (so far, a prevailing form of oil and gas agreements), joint operating agreements (typically, follow a governing PSA, including some of its terms), agency, joint lifting agreements, farm-outs, drilling contracts, transportation (and transshipment), and petroleum sale and purchase agreements (including export oil sale agreements), gas supply contracts, engineering, procurement, and construction contracts, and acquisition and disposition of oil and gas assets.

Banking & Finance:

One partner, three associates
The firm provides expert advice to financial institutions for transactions of any size with some of the transactions employing finance-raising techniques innovative for Azerbaijan. Lawyers have in-depth understanding of the financial regulatory requirements and potential legal obstacles to the operation of banks.
The firm's experience covers representation of major international and regional financial organizations and institutions, including on the following: licensing and termination of operations of banks (advice to a number of foreign institutions wishing to enter or assess the local market), regulatory issues of operations of foreign, including those acting through branch and representative offices, and local banks, transactional advice to include loan transactions and security, loan restructuring, and finance leases, equity and debt (such Eurobond offerings) capital market transactions, project finance (first greenfield development sponsored by a local company), insolvencies (including addressing issues of larges insolvency), and finance-raise transactions involving securitization of local assets (such as diversified payment rights).