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Leading Firms
Leading Firms - ranked: tier 1

MGB Law Offices

MGB Law Offices provides legal advice across a number of practice areas, including corporate, banking and project finance, as well as representing clients in court. Ismail Askerov, who is praised for his 'excellent market knowledge and in-depth insights', leads the team, and is 'unquestionably a star performer in Azerbaijan'. He is an experienced corporate and M&A lawyer with a track record of success in the aviation sector; he acted for Penerbangan Malaysia Berhad, a holding company of Malaysian Airlines, on the subleasing of two freighter aircraft to Silk Way West Airlines. Also recommended are the 'prompt and practical' Anar Janmammadov and the 'excellent' Kamil Valiyev. Janmammadov represented the International Finance Corporation (IFC) in the local courts in relation to the enforcement of security granted by the IFC to local borrowers, while Valiyev advised a foreign energy client on a range of matters relating to an upcoming oil project. Associates Lala Hasanova, Kamal Huseynli and Meltem Novruzova are also recommended.

Leading individuals

Ismail Askerov - MGB Law Offices

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Further information on MGB Law Offices

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Offices in Baku

Legal Developments by:
MGB Law Offices

  • Cross-border mergers

    The Companies (Cross-Border Mergers) Regulations 2007 (the Regulations) came into force in December 2007 and implements Directive 2005/56/EC of the European Parliament and Council on cross-border mergers of limited liability companies. The Regulations provide for the merging of any two public or private limited liability companies resident in the EU (providing such a merger is permitted under the relevant domestic law of a company) and introduce the concept of a ‚Äėtrue merger‚Äô to the English legal system. Whereas previously in the UK mergers could only be effected by transferring the individual assets and liabilities of the transferor under a traditional business sale and purchase agreement mechanism, the Regulations now allow for the automatic transfer of all assets and liabilities of a transferor by operation of law. Although this is a relatively new process, and to date only a handful of the mergers have been affected, there are signs that an increasing number of companies are now opting to carry out reorganisations of their groups using the new cross-border merger process.
    - McGrigors

Legal Developments in Azerbaijan

Legal Developments and updates from the leading lawyers in each jurisdiction. To contribute, send an email request to
  • Updated Cyprus Real Estate Investment Schemes

    Normal 0 false false false EN-GB X-NONE X-NONE MicrosoftInternetExplorer4 In the light of global developments and ever changing fiscal and monetary policies that impact investments and assets worldwide, there has been an increased interest by investors in relocating their assets and families to a jurisdiction that offers stability and security.
  • Doing Business in Azerbaijan 2011

    Doing Business in Azerbaijan 2011 is a general guide for companies operating in or considering investment into Azerbaijan. It is intended to present an overview of the key aspects of the Azerbaijani legal system and regulation of business activities in this country.
  • Registration of Foreign Non-Commercial Entities

    On 16 March 2011, the Cabinet of Ministers of the Republic of Azerbaijan enacted Resolution No. 43 approving the Rules for Negotiating and Entering into an Agreement Concerning Registration of Branches and Representative Offices of Foreign Non-Commercial Legal Entities in the Republic of Azerbaijan (the"Rules").
  • Azerbaijan Promotes Export of Oil and Gas Infrastructure and Expertise

    On April 17, 2009, Law No. 766-IIIQ of the Republic of Azerbaijan, On Application of Special Economic Regime to Export Oil and Gas Operations, dated February 2, 2009 (the ‚ÄúLaw‚ÄĚ), was promulgated. It is understood that the Law is issued in an attempt by the Republic of Azerbaijan to promote exportation, especially, to the Caspian littoral states, of oil and gas infrastructure and expertise accumulated in Azerbaijan over the past years. On November 1, 2009, Decree of the President of the Republic of Azerbaijan, On Providing for Implementation of the Law, dated October 30, 2009, was promulgated.
  • Doing Business in Azerbaijan

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