Similar to Baker & McKenzie, MGB has a robust finance practice and is heavily involved in the oil and gas sector. The firm consolidates its tier one placing after a solid year taking on a diverse array of work from significant international clients....
[more]
Similar to Baker & McKenzie, MGB has a robust finance practice and is heavily involved in the oil and gas sector. The firm consolidates its tier one placing after a solid year taking on a diverse array of work from significant international clients. The firm also maintains a 'best friends' relationship with Magisters, and receives referral work in the region as a result.
A landmark deal for the firm was a multi-million dollar M&A transaction completed during the second quarter of last year when a team, led by the highly regarded Ismail Asmerov, acted for a major international insurance company on its acquisition of an Azerbaijani insurance broker. This deal is noteworthy as it was the first time an outside insurance company has entered the Azerbaijan insurance market.
Away from M&A the firm also took on some interesting finance mandates, working for the European Bank for Reconstruction and Development (EBRD) on a financial restructuring for a high-level iodine producer and advising DVB (Asia) on a sizeable vessel financing transaction, the latter being one of the largest ever done in the country.
[hide]