MGB Law Offices

Azerbaijan

Reviews

Practice area

IFLR1000 Reviews

Financial and corporate

In light of the challenging economic circumstances in Azerbaijan, MGB Law Offices has been expanding the scope of its practice in order to meet the new realities of the market. Recent work has seen it acting on a number of financing projects and it has been focusing on strengthening the debt restructuring and collection aspects of its work.

During the research period the firm was notably active in the aerospace sector. One example of that saw it acting for Silk Way Airlines in securing a bridging facility for the state-owned cargo airline.

The team welcomed a new partner to the team this year when Kamil Valiyev, formerly of Baker McKenzie, joined the firm in March 2017. Previously head of legal at the State Oil Company of Azerbaijan Republic, he is recognised as one of the leading names for oil and gas project work in the country.

Beyond Silk Way, other major clients the firm has advised recently include the European Bank for Reconstruction and Development (EBRD), the Emerson Electric Company and Investeringsfonden for Udviklingslande, a Danish investment fund for developing nations.

Client feedback

“This is an excellent local firm, focused on servicing international clients doing business in Azerbaijan. They have highly proactive partners who are client focused and providers of first class legal advice on the local business and legal environment.” – Project development

“I was fully satisfied with MGB Law Offices. They are quick-to-respond, accurate and effective lawyers.” – Corporate restructuring

Ismail Askerov

“He is a highly experienced professional with a deep knowledge of Azerbaijan and other CIS countries.”

“Ismail is a professional who is easy to communicate with.”