Firm / Organisation

Vellani & Vellani

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Partners: Mr Badaruddin F. Vellani, Mr Ameen M. Vellani, Mr Mohammad Abdur Rahman, Ms Ferzeen Bhadha, Ms Danish Zuberi, Mr Fehem Ahson Hashmi, Mr Javaid Akhtar, Mr Tariq Nasir Zufar
Number of partners worldwide: 8
Number of other lawyers worldwide: 35
Languages:English, Gujrati, Punjabi, Sindhi, Urdu

Firm Overview:
Vellani & Vellani continues a practice first established under the name Wali Mohammad Vellani & Co. in 1937, and incorporates the law practice of Mahmud & Vellani.
The firm was renamed Vellani & Vellani in 1972. Since July 2000, Vellani & Vellani, combines the work carried on by Vellani & Vellani (industrial and intellectual property lawyers) and Fatehali W. Vellani & Co. (legal consultants and advocates). On 1st July 2015, the practice of M. Naim-ur-Rahman & Associates integrated with the practice of Vellani & Vellani further enhancing and strengthening the firm’s litigation division. In 1st March 2018, Amhurst Brown merged with Vellani & Vellani.
Amhurst Brown is based in Islamabad and has been providing high quality corporate and litigation services to its clients in Pakistan and abroad since its establishment in 1993. The firm was earlier associated with the London practice Amhurst Brown Colombotti (which merged with Howard Kennedy). With this merger Vellani & Vellani now has offices in Karachi and Islamabad, ensuring wide geographical coverage in Pakistan. Though the firm has changed in many ways over the last eight decades, its core principles of legal excellence and commitment to client service remain unchanged.

Main Areas of Practice:
Antitrust / Competition
Banking & Finance
Corporate Governance & Compliance
Intellectual Property
Labour
Litigation, Arbitration & Dispute Resolution
Oil & Gas
M&A & Restructuring
Project Finance
Public Procurement
Real Estate
Securities
Tax

Banking & Finance & Project Financing:
The firm specialises in banking and financing transactions, syndicated loans, credit facilities and project financing. Lawyers have a wealth of knowledge across a range of Shariah-compliant structures, including market-leading experience in Sukuk transactions, Murabaha, Istisna’a, Ijara and Musharakah financings and Takaful deals.
Key Transactions:
■ICI Pakistan Limited – Syndicated financing of the expansion of the polyester plant of Pakistan PTA Limited
■Karachi Electric Supply Company Limited – Intercreditor and Security Trustee issues for syndicated finance facilities provided by various local and international lenders
■Sindh Engro Coal Mining Company and Engro Powergen Thar (Pvt.) Ltd. – Mark-up, Islamic and USD interest based financing
■SECMC financing equivalent to USD 700m – EPTL financing equivalent to USD 831m
■Faysal Bank Limited – Advised in relation to financing provided to Master Motors Limited for setting up a plant at Port Qasim, Karachi for assembling/progressive manufacturing of Changhan Vans and Pickups in technical collaboration with Changhan International Corporation

Competition:
The firm specialises in the interpretation and applicability of the competition legislation in Pakistan, and advising foreign and local clients on various matters ranging from filing of application for pre-merger clearances and exemptions to deceptive marketing practices as well as filing complaints and appearing before the Competition Commission of Pakistan and the Competition Appellate Tribunal for matters relating to the above.
Key Transactions:
■General Electric Company – For the sale of General Electric’s Industrial Solutions business to ABB Verwaltungs Ltd.
■AT&T Inc. – Acquisition by AT&T Inc. of Time Warner Inc.
■Saudi Basic Industries Corporation - Acquisition of 24.99% of the shares in Clariant AG

Corporate/M&A
The firm advises corporations and financial institutions across the full spectrum of industry matters including public takeovers, private M&A, joint ventures, debt and equity capital markets, governance, general commercial and corporate advisory matters.
Key M&A Transactions:
■Akzo Nobel N.V – Sale of the entire shareholding of ICI Omicron B.V. (Akzo Nobel N.V’s subsidiary) in ICI Pakistan Limited
■Royal FrieslandCampina N.V. – Acquisition of upto 51% of Engro Foods Limited through private sale and through a mandatory tender offer
■Adira Capital Holding (Private) Limited – Acquisition of 80% of Linde Pakistan Limited.
■Koninklijke Vopak N.V. – Acquisition of minority stake in Elengy Terminal Pakistan Limited
■International Industries Limited and International Steels Limited – The Steel Project Undertaking of International Industries Limited has been transferred to and vested in International Steels Limited [Hive down]
■Bayer CropScience (Private) Limited and Bayer Pakistan (Private) Limited [Merger]
■ICI Pakistan Limited – Akzo Nobel Pakistan Limited [Demerger]
Key Securities Transactions:
■Reckitt Benckiser Plc – Buy-back and delisting of Reckitt Benckiser Pakistan Limited from Karachi, Lahore, and Islamabad Stock Exchanges
■Unilever Overseas Holdings Limited – Buy-back and delisting of Unilever Pakistan Limited from Karachi, Lahore, and Islamabad Stock Exchanges
Key Restructuring Transactions:
■Metro AG – Merger of the businesses and operations of Metro Cash & Carry Pakistan Private Limited and Makro-Habib Pakistan Limited
■McDonald’s – Restructuring franchisee’s business in Pakistan
■Corporatisation of Khaadi

Intellectual Property: The firm has been a distinguished firm for intellectual property in the region for many years. The firm provides the full range of services with respect to patents, designs, trade marks, copyright, internet domain names, licensing and franchising.
Key Clients: Starbucks Corporation, Mondelez International, Inc, Chanel SARL, Disney Enterprises, Inc, GlaxoSmithKline Pakistan Limited, Reckitt Benckiser Pakistan Limited, Philip Morris Pakistan Limited, Merck (Private) Limited, Novartis Pharma (Pakistan) Limited

Litigation & Dispute Resolution:
The firm has a well experienced litigation division, which represents clients in courts and tribunals across Pakistan and in international arbitrations and mediations. Experience includes the full spectrum of dispute resolution and litigation mechanisms ranging from negotiation, mediation, conciliation and conflict resolution to vigorous courtroom strategy, multi-party and public interest legal proceedings and appellate proceedings.
Key Clients: Oxford University Press, Mondelez International Inc, The Coca-Cola Export Corporation, Reckitt & Colman Overseas Limited, Dalda Foods (Pvt.) Limited, Roche Pakistan Limited, ENI Pakistan Limited, Port Qasim Authority

Projects, Infrastructure & Energy: The firm extensively advises on a wide range of Pakistan legal issues and provides general legal assistance to domestic and foreign financial institutions providing finance to major projects, such as power generation and port infrastructure projects.
Key Transactions:
■Thar Coal Project – Advising a consortium of foreign lenders
■Gharo Solar Project – Advising consortium of lenders
■PGP Consortium Limited – Financing for set up of LNG import terminal
■Pakistan Gasport Limited – Merchant model LNG import terminal.
■Master Hydro Power (Private) Limited – Setting up of a 99 MW hydro power project in Pakistan.
■Master Green Energy Limited – Setting up of a 50 MW wind power project.
■Consortium of Engro group, Fatima group, Shell and Guvnor – Time charter party agreement for an FSRU in relation to an LNG import terminal on a merchant model