Engaged by several multinational clients, the full-service practice at Kosta Legal advises on various corporate matters, including restructuring and M&A deals. The team frequently acts for global investment and commercial banks, financial institutions, foreign corporations and local companies; recent work spans construction, telecommunications, energy, transportation, banking and finance. The group also has notable strength in assisting with competition law, bankruptcy, insolvency law, real estate and handling dispute resolution. The team is jointly led by the managing partner Azizbek Akhmadjonov, who focuses on real estate transactions, including acquisitions and disposal, disputes expert Vazgen Grigoryan and projects and banking and finance group lead Nail Hassanov. Maxim Dogonkin and Jakhongir Olimjonov are the other key members of the team.
Testimonials
Collated independently by Legal 500 research team.
- 'The team of Kosta Legal engaged in issues as such is well trained by practice that warrants merit. Corporate law and litigation service lines are well embedded into the client's needs.’
- ‘Skills like openness, thorough review and listening, professional care, result orientation, vision of details and possible excesses in cases/issues/matters always accompany team members when providing services by lawyers/associates/assistants/employees. Some of them are Vazgen Grigoryan and Nail Hassanov, with whom I work closely on projects.’
- ‘Attention to detail, flexibility to accommodate client requirements and timely submission of deliverables.’
- ‘My main interaction is with Nail Hassanov. I have found him to be a stand-out practitioner. He has a strong understanding of the local Uzbek regulations, and his common law legal training makes him an ideal legal advisor to PPP and project financing transactions.’
- ‘Team has deep knowledge about local law and recent practices.’
- ‘Team members have good business acumen.’
- ‘The firm is very competent in their practice, has a developed and strong dispute resolution practice that makes their advice more precise, relevant, and practical; is very commercially oriented; constantly looks for new ways to improve their services and expand their practice. The firm tries to follow the best international standards for providing legal services. They also use new and project management solutions that facilitate our cooperation.’
- ‘They are very experienced, professional, and commercially oriented. In contrast to other top firms, the firm’s lawyers provide services in dispute resolution, land and real estate, competition and consumer protection, which are of utmost significance for our business. Vazgen Grigoryan has been our trusted advisor for many years and is a strong dispute resolution professional. Maxim Dogonkin is a strong and professional competition law expert, in many ways unique to Uzbekistan.’
Key clients
- Abu Dhabi Future Energy Company PJSC – Masdar
- Asian Development Bank
- Électricité de France
- Indorama Agro
- International Finance Corporation
- Linde
- Maxam Corp. International SL
- MUFG Bank
- Philip Morris International
- Voltalia (France)
Work highlights
- Advised a consortium of EDF International, Nebras Power, Sojitz Corporation, and Kyuden International Corporation on developing and attracting financing for a state-supported project of a modern 1580 MW natural gas-fired combined cycle power plant.
- Advised ADB on a project to design, build, finance, operate and maintain the wastewater treatment plant in the Namangan region of Uzbekistan.
- Assisted Indorama Agro FE LLC (Uzbekistan), with a dispute related to obtaining a compensation for damages caused by a breakthrough of a dam of the Sardoba reservoir in the Syrdarya region.
Lawyers
Practice head
The lawyer(s) leading their teams.
Azizbek Akhmadjonov, Nail Hassanov, Vazgen Grigoryan