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Accord Chambers
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Accord Chambers is a dynamic and reformist law firm based in Bangladesh that offers full service “complete legal solutions” to its domestic and international clients. The firm’s core ethos is to not confine itself within the tenets of conventional law firms in the region but to take a step beyond: advance a one-stop complete package for its clients so as to address all concerns in the corporate and commercial context. In the premises, the firm advises not only on mainstream legal affairs, including litigation and dispute resolution, but also on investments, transactions, business strategies and operations from the perspective of Bangladeshi laws and regulations.
The firm has two specialist departments: Admiralty and dispute resolution, which deals with admiralty matters, litigations and arbitrations and corporate, transactional and M&A, which advances complete legal solutions outside court.
Admiralty and dispute resolution: Accord Chambers has progressively emerged as the first choice of foreign corporations for shipping and dispute resolution matters in the jurisdiction of Bangladesh. The firm’s Admiralty and dispute resolution department is now the premier shipping practice in Bangladesh, best known for its capacity to respond instantaneously in urgent admiralty disputes where time is of the essence. The firm works in close collaboration with top tier international law firms based in the UK, Singapore, Hong Kong and India and is frequently instructed by them as well as global corporations on contentious and non-contentious matters including both wet and dry work. Legal counsel of the firm have successfully represented owners of vessels, cargo owners, insurers and P&I Clubs in litigations before the Admiralty Court of Bangladesh and also secured arrests and speedy release of vessels from detention.
Besides shipping matters, Accord Chambers also has a very strong presence in commercial litigations and arbitrations and in securing enforcement of foreign arbitral awards. It is instructed by offshore corporations to represent not only in domestic arbitrations but also in international arbitration before the International Chamber of Commerce (ICC) in Singapore. Furthermore, the firm is currently representing foreign corporations based in Singapore, Malaysia and the UAE in complex and high-value civil and commercial litigations in Bangladesh. Counsel of the firm have also represented global enterprises in the successful enforcement of a multitude of foreign arbitral awards resulting from international commercial arbitrations before the ICC, FOSFA, ICA, SIAC etc.
Accord Chambers is known for taking the most pragmatic approach so as to achieve speedy relief for clients in a litigation system that is fraught with the shortcomings of cost, delay and complexity by using its intuitive regional knowledge. Known as “pro-settlement lawyers”, its counsel have also earned a reputation of exemplifying tactical and strategic acumen that positively contributes to out-of-court settlements during the early stage of litigations in which it is engaged. This is what makes Accord Chambers distinct from other law firms.
Corporate, transactional and M&A:This department is best known for providing complete legal solutions including contract negotiation, transaction structuring and legal documentations in complex corporate transactions, EPC turn-key contracts and project documentations, JV and Public-Private Partnerships projects, general commercial and supply contracts, real estate acquisition and management. Accord Chambers has emerged to be the pioneer in the growing energy practice of Bangladesh and has successfully handled a US$ 1.25bn mega oil refinery project which is the first of its kind in Bangladesh’s energy sector. It has also been instructed as legal counsel for take-over and set-up of multiple large-scale power plant projects.
The firm regularly assists foreign corporations with their acquisition of Bangladeshi target companies and also represents Bangladeshi companies with in-bound M&A transactions and joint venture projects in collaboration with off-shore partners. Accord Chambers has also earned its solid reputation in providing one-stop legal services to foreign investors and not-for-profit organisations to set up businesses and operations in Bangladesh, establish Branch Offices or wholly foreign owned subsidiaries and ensure licensing and regulatory compliance for start-ups.
The firm represents multinational companies as well as local and foreign corporations, including real estate sector market leaders, commodities suppliers, leading oil & gas corporations, MNCs. Accord Chambers also works in close collaboration with top tier international law firms headquartered in London, Singapore, Hong Kong and India and is frequently instructed by them to advise on Bangladeshi law and the regulatory framework.
The success of the firm revolves around its client satisfaction. Our members care about the clients’ concerns, understand their urgency, respond to their requests and are sensitive about their security. Each one of us is uncompromising and inflexible when it comes to the utmost interest of our clients. In doing so, our members are programmed to ensure that ethical values and client confidentiality remain uncompromised.
To know more about the firm, feel free to visit the firm’s website: www.accordchambers.com.
You can reach us at: [email protected]