Other Insights

19.07.2024

Leges Advokat assists in conversion of payment organizations from LLC to JSC

Leges Advokat team contributed to the conversion of UzCard, ATTO and Plum Technologies from a limited liability company to a joint stock company, which aims at long-term success in the dynamic financial landscape

13.04.2024

Leges Advokat advises Magnum Cash&Carry in its acquisition of the Carrefour

We are delighted to sucessfully advise Magnum Cash&Carry, the largest retailer in Kazakhstan, on its acquisition of Carrefour, the French supermarket chain, in Uzbekistan. This deal marks a significant milestone for Magnum, as they expand their presence and market share in Uzbekistan.

27.05.2023

Leges Advokat team consults lenders on one billion investments projects in Uzbekistan GTL

We were delighted to provide our legal services to primary lenders of Uzbekistan GTL regarding the investments of Air Products in the amount of 1 billion in developing an industrial complex for processing industrial gases as part of the Uzbekistan GTL plant in the Kashkadarya region.

03.04.2023

Leges Advokat assists in acquisition of Uzbek pharma company

“Leges Advokat” team is honored to have contributed to the recent financing project of the European Bank for Reconstruction and Development (EBRD). The project involved the acquisition of Uzbek pharma company Reka-Med Farm by Ukranian YURiA-PHARM LLC, which was made possible with financial assistance from EBRD.

17.11.2022

Leges Advokat provides expert opinion in a multimillion arbitration case

Partner of Leges Advokat - Azamat Fayzullaev - has successfully participated as a party-appointed expert on the myriad intricate issues of Uzbek law in a multi-million international commercial arbitration dispute administered under the Arbitration Institute of the Stockholm Chamber of Commerce Rules in the oil & gas sector.

21.03.2025

Leges Advokat assists EBRD in cross-border financing transaction

We are pleased to announce the successful completion of a significant cross-border financing transaction in which Leges Advokat provided comprehensive legal services to the European Bank for Reconstruction and Development (EBRD).

Our team assisted EBRD in extending a €15 million financing package to Yuria Pharm, a leading Ukrainian pharmaceutical manufacturer. This strategic investment will facilitate the expansion of production facilities in Uzbekistan, the implementation of energy efficiency improvements, and the development of green energy solutions.

Leges Advokat delivered end-to-end legal support throughout this multi-jurisdictional transaction, including comprehensive due diligence, structuring of financing arrangements, implementation of security mechanisms, ensuring compliance with Uzbek regulatory requirements, coordinating all Uzbekistan-related aspects of the project, and facilitating transaction closing and satisfaction of all conditions precedent.

Our team, led by our Managing Partner Nizomiddin Shakhabutdinov, successfully managed this complex transaction with support from Associate Sirojiddin Ramizkhujaev.

The transaction demonstrates EBRD's ongoing commitment to supporting cross-border investments that enhance regional manufacturing capabilities while promoting environmental sustainability.