Project finance and PPP
The dynamic, competitive and innovative nature of project finance requires extensive experience and knowledge to meet complex client requirements. The lawyers of the Leges Advokat have extensive knowledge of the Uzbekistan market and industry experience to serve investors’ interest in entering into right deals on the right terms to minimize risk and increase the profitability of the project.
Our team of experts offers truly high-quality legal services with exceptional financial insight for investors wherever their business takes them. We accompany the client throughout the entire investment process, using an interdisciplinary approach and providing comprehensive legal advice tailored to the client's commercial interests. We cover a significant range of legal expertise: from the development of the strategy and concept of the project, its legal “architecture” (including the determination of the organizational and legal structure), preliminary negotiations, preparation of all necessary documentation for the project and up to the commercial and financial closure of the project.
Projects
Uzbekistan GTL
The Leges Advokat team is currently assisting the lenders’ consortium consisting of Chinese, Korean and other financial institutions as a local counsel in arranging two and half billion US dollars financing to the project company, and we are advising the lenders on a number of Uzbek law related issues, including capital construction, contractual relations, financing and security, importation and use of equipment.
Aksa Energy
Our team have supported foreign financial institutions engaged in financing the construction of a 270 MW power plant located in Uzbekistan, a project executed under the public-private partnership. Our involvement in this undertaking encompassed a multifaceted approach, commencing with an exhaustive legal due diligence assessment of the project company and its requisite approvals. Subsequently, we provided invaluable counsel throughout the lending transactions and drafted the essential documentation necessary to establish robust security measures.
The Export-Import Bank of China
Leges Advokat have provided legal support to the Export-Import Bank of China in its instrumental role in financing the construction of a cement production line boasting an impressive daily capacity of 7,500 tonnes. Our accomplished team rendered assistance, commencing with a comprehensive legal due diligence on the project company and the indispensable governmental approvals essential for the construction and operation of this cement plant. We continued to provide essential support by helping shape the loan agreement, crafting security agreements with precision, and offering valuable advice on the conditions that needed to be met before funds could be drawn down.
Experts
News & Insights
Procedure for confirmation of Force Majeure circumstances in Uzbekistan
When entering into contracts, parties often include a special provision on force majeure circumstances, i.e.: “ Certificates of authorised bodies provided by the Party affected by force majeure to the other Party will serve as...
Regulation of Factoring Services in Uzbekistan.
The Leges Advokat team has prepared an overview of factoring services in the Republic of Uzbekistan in light of the recent Presidential Decree dated August 12, 2024, titled "On Measures to Accelerate the Development of the Factoring...
Legal Alert for September 2024
Significant business changes emerged in Uzbekistan, driven by amendments to intellectual property laws allowing IP rights holders to claim compensation without proving damages. The government is also offering flexible land payment...