General Business Law - Uzbekistan
What the team is known for
Kosta Legal is a notable law firm with a strong presence in the Uzbek market, advising on a variety of domestic and cross-border mandates. The firm serves a sizeable roster of mainly international corporates, providing tailored project financing and corporate structuring advice. The team is also instructed on litigation and employment matters, and has experience handling work in the energy, real estate, telecoms and agricultural industries. Clients represented by Kosta Legal include Asian Development Bank, Voltalia and MUFG Bank.
Strengths
"Kosta Legal provide valuable and pragmatic solutions, and are very good at understanding complex issues arising from large investments."
"The team are well organised, with good knowledge of local and international law."
Work highlights
Kosta Legal advised the sponsors on a PPP project to develop, operate and maintain a 1,200-1,600 MW combined-cycle gas-fired power plant in Uzbekistan.
Notable practitioners
Nail Hassanov is a leading lawyer in Uzbekistan whose expertise extends across a range of instructions in the energy and infrastructure sectors, including project finance and development. "Nail can be relied upon to bring out relevant local issues and translate them to showcase how they can impact on transactions, and to suggest suitable options of addressing these issues." "Nail has a strong capacity to handle very complex matters with a deep business understanding and commercial awareness."
Azizbek Akhmadjonov advises clients from a range of industries, including agriculture, real estate and energy. He handles construction matters and assists with setting up joint ventures. "Azizbek has always provided practical and well thought-through advice." "Azizbek is proactive, professional and highly efficient."
Vazgen Grigoryan is a partner in Tashkent who is adept at handling litigation and arbitration proceedings across a range of sectors, including agriculture, chemicals, and oil and gas. "Vazgen is experienced, responsive and very commercially aware." "Vazgen is very detail-oriented."