The Legal 500

Uzbekistan

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Editorial

Index of tables

  1. Legal market overview
  2. Leading individuals

Leading individuals

  1. 1
    • Umid Aripdjanov - Centil Law
    • Ilkhom Azizov - Azizov & Partners
    • Azamat Fayzullaev - Leges Advokat
    • Mouborak Kambarova - Dentons
    • Mukhammadali Makhmudov - Legalmax Law Firm
    • Nizomiddin Shakhabutdinov - Leges Advokat
    • Sofiya Shakhraziyeva - Centil Law
    • Otabek Suleimanov - Centil Law

 

The most populous country in Central Asia, Uzbekistan has an economy that is largely based on exporting cotton, cars and minerals. The Russian economic decline has hit remittances (another key source of national income) and car exports badly – General Motors Uzbekistan reported a 57% annual drop in sales to Russia in the first half of 2015. Dentons is the only global firm with a presence in the market.

The ranking is based on quality and scope of service. Therefore, narrowly focused practices may be ranked lower in the table than a quality competitor with a broader base, but may still be outstanding in its field.

Azizov & Partners advises on financing, M&A, construction and regulatory matters. Senior partner Ilkhom Azizov and managing partner Aziz Aripdjanov advised Uzbekistan GTL, a joint venture involving Sasol and Petronas, on project financing, construction and regulatory matters relating to the Shaurtan GTL processing plant. Other clients include Deutsche Bahn, Samsung C&T Deutschland and VimpelCom.

Centil Law (formerly known as Colibri Law Firm) has ‘a strong knowledge of local circumstances in Uzbekistan and other CIS countries’, and has offices throughout the region; in Uzbekistan, it provides ‘fast, professional and highly accurate’ on matters including project finance, subsoil use and debt recovery. Almaty-based Otabek Suleimanov ‘provides in-depth analysis and appropriate solutions’. Along with Ravshan Rakhmanov, he provided Uzbek legal advice to Zhong Heng Law Firm in connection with the acquisition of a cement plant located in Uzbekistan. Umid Aripdjanov leads the subsoil practice and Sofiya Shakhraziyeva advises on banking and finance issues.

Dentons advises on project financing, construction, M&A and financial services regulation. Muscat-based Marla Valdez is country head; highly experienced managing associate Mouborak Kambarova is permanently based on Tashkent. Clients include the EBRD and household names in the financial services and consumer products sectors; the firm added Nike European Operations to its client roster in 2015.

Legalmax Law Firm advises clients on intellectual property and competition matters. The firm handles trade mark protection work for Starbucks and the Russian owners of the Stolichnaya vodka brand. Managing partner Mukhammadali Makhmudov, who is also qualified as a patent attorney, leads the firm as a whole and its Tashkent office.

Avent Advokat mainly advises on lending, construction and midstream oil and gas matters, and acts for a number of well-known clients from the Asia Pacific region. Eldor Mannopov leads the energy and natural resources practice, with Jakhongir Usmanov heading the dispute resolution team.

Council is ‘a professional and very dedicated law firm that adds real value’. It advises on debt recovery, litigation and M&A. The firm, whose lawyers have ‘a good knowledge of local law’ and ‘huge practical experience in their areas of expertise’, represented Russian aircraft builder Ilyushin in a high-value dispute. Alisher Kadirov is the managing partner.

Grata International’s Jamol Ryskiyev* advised China National Petroleum Corporation on tax, customs, procurement and labour aspects of a joint venture with Uzbekneftgaz to explore the Mingbulak oil field in eastern Uzbekistan. Other areas of work include M&A, construction, debt recovery and finance. *Jamol Ryskiyev joined PricewaterhouseCoopers Tax & Advisory LLP's Kazakhstan office in July 2016.

Azamat Fayzullaev and Nizomiddin Shakhabutdinov head the team at Leges Advokat, which advises on matters such as financing, dispute resolution and corporate matters.

Mukhamedjanov & Partners advises on commercial work, M&A, insolvency and dispute resolution. The key contact is name partner Ibrahim Mukhamedjanov, who has advised the World Bank and the EBRD on Uzbek legal issues and successfully represented a private sector company in litigation against a state-owned entity.

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Legal Developments in Uzbekistan

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  • Doing Business in Uzbekistan 2008

    Doing Business in Uzbekistan has been prepared as a general guide for companies operating in or considering investment into Uzbekistan. It is intended to present an overview of the key aspects of the Uzbek legal system and regulation of business activities in this country.

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