Managing Partners: Aykhan Asadov
Number of partners: 3
Number of lawyers: 11 (together with 3 partners)
Languages: Azerbaijani, English, Russian
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 a good client base with a balanced mix of foreign and local clientele. The firm 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 six lawyers (advokats) admitted to the Azerbaijani bar.
Corporate (M&A) & Commercial
Oil & Gas
Banking & Finance
Information Technology (IT) & Telecommunications
Dispute Resolution & Litigation
Main Areas of Practice:
1 partner, 3 associates
Services include formation and acquisition of companies (and assets) in Azerbaijan and abroad (numerous crossborder representations), corporate reorganisations and restructurings (bank insolvencies), pre-acquisition legal reviews (due diligence, mostly cross-border), shareholder agreements and corporate governance issues, venturecapital financing, public and private offerings of securities and securities law (contributions to numerous prospectuses and subscription agreements), cross-border transactions and joint ventures.
Oil & Gas:
1 partner, 2 associates
Oil and gas is an industry of 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. The firm regularly represents exploration and production companies, petroleum engineering and oil field services companies, downstream oil and gas, and major construction companies. The firm’s services include: regulatory advice (representa tions of foreign and local clients), advising under various industry agreements, including production sharing agreements (PSAs) (so far, the 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:
1 partner, 3 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. Its lawyers have in-depth understanding of the financial regulatory requirements and potential legal obstacles to the operation of banks and experience covers representation of major international and regional financial organisations 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 as Eurobond offerings) capital market transactions, project finance (first greenfield development sponsored by a local company), insolvencies (including addressing issues of largest insolvency), and finance-raise transactions involving securitisation of local assets (such as diversified payment rights).