During the research period A S & Associates has been particularly active in banking and finance and capital markets work.
In the banking area the firm was active on a range of lending work. It has been advising a foreign lender on receivables financings for local exporters; advised lenders in power sector project financings; and assisted local borrowers in corporate financings.
In the capital markets space the firm was active on debt deals and advised on work related to the first sukukal ijarah under Bangladeshi law.
In M&A and corporate transactional work the firm advised a foreign party of a local joint venture on exiting the business and advised an acquirer in a pharma M&A deal.
Recent Deal Data highlights
•ACI Motors Tk 1.08 billion sukuk issue
•Rangpur Metal Industries Tk1 billion 0% bond issue
•Runner Automobiles Tk1 billion financing
“The firm's ability to deal with complex matter such as legislative reform and addressing process gaps of 32 different government and regulatory agencies through creative primary and secondary legislative reform in an efficient and coordinated manner has impressed me the most. In my view, different individuals of the firm having different specialised knowledge and skills is their strongest resource.” – Financial services regulatory
“The firm has provided extremely prompt quality services in attaining our objectives. I am truly impressed and amazed with their consistent delivery of outstanding services for long period of time and cannot actually find any weakness which I can refer to.” – Project development
A S A Bari and Dewan Faisal
“Understand the problems and give good time on consultancy.”
“As I have mostly worked with Mr Bari and his team members, the strengths of the firm reflect Mr Bari's strengths. His knowledge of the business coupled with his skill to find legal solutions made us feel we are in safe hand.”
“I have always found Mr Faisal to be responsive, understanding of client's needs, and solution driven.”
“Mr Rahman, the lead counsel for the projects, has impressed me the most. He has demonstrated in-depth understanding of business processes and international best practices. He is someone who always came up with pragmatic solutions for various legal impediments and has contributed significantly in the national level reform. It is likely that the predicted jump in the country's ranking and increased FDI may result from his skills.” – Financial services regulatory
FM Associates has recently been particularly active in energy project work.
During the research period the firm’s highlight work includes advising a client commissioned to design gas turbines for large power projects, work for a client involved in developing an LNG project, and advising an international client on a production sharing agreement with a local entity. It also advised a foreign buyer on a large inbound acquisition.
“They have been very professional and have always maintained the time line.” – Capital markets
“They have been very supportive and have always come with the solution to our issues. They have been very professional.” – Financial services regulatory
Al Amin Rahman
“He has been very helpful to work with, He always provided a very structured guideline and solution to our problems.”
“He has been very proactive with his work and commitment.”