CEE/CIS - Azerbaijan

MGB Law Offices

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A ‘top-notch independent firm’ with a ‘broad view of the international legal market’, MGB Law Offices has specialist knowledge of the energy sector, including innovative renewable energy work. Antitrust, corporate and M&A, and fintech are additional areas of strength, with founding partner Ismail Askerov combining commercial experience with energy sector expertise to support clients through major M&A transactions in the sector. Anar Janmammadov is recommended for commercial contracts and regulatory advice, while Kamal Huseynli has extensive experience in the banking sector.

Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • ‘ Ahighly competent team with an excellent litigation record. They are very good at collaborating with leaders and lawyers based outside of Azerbaijan.’

  • ‘Overall, the firm is very versatile and can deliver comprehensive advice on all areas of law.’

  • ‘We appreciated the firm's industry knowledge in the financial sector. For example, Kamal Huseynli has previous central bank experience. Ismail Askerov was also actively involved in all the projects we had and adopted a hands-on approach.’

  • ‘They are a top-notch independent firm that does work at the level expected by international clients and international law firms.’

  • ‘MGB was very easy to work with; very responsive and they were on top of our case; they have very good understanding of the Azerbaijani merger control and related antitrust laws. We would definitely work with them in the future. They're the go-to firm on the Azerbaijan market for all things competition law.’

  • ‘We worked with Ismail Askerov, who was able to explain complex issues in a comprehensive way. He was very responsive and had a good factual understanding of the case.’

  • ‘Ismail Askerov is very smart and well-connected. Anar Janmammadov has sharp analytical skills’

  • ‘MGB Law Offices has a very broad view of the international legal market as well as local in Azerbaijan. MGB’s lawyers have developed extensive legal expertise in almost all fields of Azerbaijani business law.’

Key clients

  • EBRD
  • Asian Development Bank
  • NOV
  • Stork
  • Sanofi
  • Societe Generale
  • Exxon
  • Coca-Cola
  • Formula 1
  • Chevron
  • Wood Group

Lawyers

Hall of Fame

The lawyers at the very top of the profession, widely known and respected by peers and clients for their longstanding involvement in market-leading work.

Ismail Askerov

Ismail Askerov

Hall of fameMGB Law Offices

Ismail is the Senior Partner of MGB Law Offices with over 28 years of experience in energy, corporate, project finance, and aircraft finance. He has been representing oil and gas corporations, export credit agencies and international financial institutions (such as ADB, EBRD and IFC) on cross border financing and high-profile M&A projects. His experience also extends to advising consortium of international and investment banks in downstream financing in connection with a multi-million facility for the development, construction of a major refinery in Turkey (“Project Star”) as well as syndicated finance of the foreign lenders on the well-known BTC pipeline project. He has been regularly advising oil and gas service companies on production sharing agreements, creation of joint venture companies and strategic alliances with Azerbaijani companies. Ismail has also extensively assisted his multinational clients on various legal matters including renewables related to two major pilot projects in wind and solar sectors. For many years he has been providing practical regulatory advice in heavily regulated industries, such as oil and gas, alternative energy, aviation and pharmaceuticals.  Ismail is Leading Lawyer and highly recommended by Legal 500, IFLR and Chambers Global.

Practice head

The lawyer(s) leading their teams.

Ismail Askerov

Other key lawyers

Anar Janmammadov, Kamal Huseynli, Lala Hasanova