The Legal 500

9 FANE ROAD, LAHORE 54000, PAKISTAN
Tel:
Work +92 42 3724 6461
Fax:
Fax +92 42 3724 6393
Email:
Web:
www.absco.pk

The firm

Established in 1992, ABS & Co is a well-reputed law firm with a city-smart outlook. The main office of the firm is located in the vicinity of the Lahore High Court in a stand alone building close to the Punjab Bar Council. The firm also has an office in Islamabad to accommodate the firm’s increasing workload. In its administrative and professional set-up, ABS & Co is comparable to international corporate and commercial law firms. The firm has an excellent team of professionals supported by a number of paralegals, clerks, a full-time manager of finance and administration, and one manager of litigation.

The firm provides a diversified range of litigation, consultancy, alternate dispute resolution, advisory and institutional capacity building services, case research, and expert opinion services to multinational companies, industry associations, government bodies, statutory bodies, diplomatic missions, regulatory agencies and other entities.

Areas of practice

Litigation: the firm has experience of civil and commercial litigation at all levels, including at tribunals, Civil Courts, the High Courts and the Supreme Court of Pakistan. To date, the firm has handled more than 2,500 cases (excluding bulk litigation). Three of its lawyers are members of the Supreme Court Bar and appear before the Supreme Court regularly.

Arbitration and alternate dispute resolution: the firm provides a full range of arbitration services, including formulating arbitration clauses, preparing claims and conducting arbitration proceedings. The firm is linked with the leading arbitration forums of the world, including the Chartered Institute of Arbitrators, United Kingdom and the United Nations Commission for International Trade Law (UNCITRAL) in Vienna. The firm has also provided advice to the Federal Government on the ratification of the UN Convention on Enforcement of Foreign Arbitral Awards 1958. The firm is also representing the Government of Pakistan before ICSID and the Government of Balochistan before ICC in the ‘Reko Diq’ arbitration.

Investment agreements: ABS & Co offers specific expertise in consultative advice, drafting, and policy advocacy related to free trade agreements, preferential trade agreements, etc. In this respect the firm has developed a network of national and international experts who are available to it on major economic and trade sectors, including domestic regulation, international dispute settlement and offshore litigation.

Corporate and governance: the firm frequently advises on all elements of company law, from the writing of minutes of meetings to the establishment of new corporate vehicles. The firm works by building strong relationships with in-house legal teams to provide reliable expert advice on matters relating to corporate law, listing rules, liability and risks to directors, and other corporate governance issues.

Regulatory: the firm provides legal and regulatory advice to companies, partnerships, funds, banks, insurers and other financial institutions. Its senior partner’s practical industry experience ensures that it is able to provide commercially-driven legal advice in respect of matters pending before the Securities and Exchange Commission of Pakistan, Competition Commission, environmental tribunals, etc.

Oil and gas: the firm has represented clients on transactions, including the drafting and finalising of concession agreements, joint operating agreements, farm out/in agreements, leases, title work, representation before regulatory bodies and litigation. It has advised on matters involving upstream and downstream work and its lawyers are familiar with contracts used in licensing, exploration and production, development, transportation and abandonment of oil and gas fields, and associated agreements.

Telecommunication: the firm represents providers and users of telecommunications services, including independent telephone companies, and cellular and private radio licensees. It has also handled a range of telecommunications transactions, including sales and acquisitions, carrier agreements and telecommunications outsourcing contracts.

IP: ABS & Co understands new challenges in intellectual property protection and can provide unique and global solutions. It has developed people and processes to promote sound and cost-effective stewardship of intellectual property. Its legal services in this regard include brand selection, availability, search and clearance of trade marks, etc.

Contact Ahmed Jawwad (ahmed.jawwad@absco.pk)

Languages
English
Pashto
Punjabi
Urdu

Other offices Islamabad

Number of lawyers 35

at this office 22

Above material supplied by ABS & Co. Advocates and Corporate Counsels.

Legal Developments worldwide

Legal Developments and updates from the leading lawyers in each jurisdiction. To contribute, send an email request to
  • The Constitutional Court abolished the Article 16/5 of the Decree Law numbered 556

    The Constitutional Court abolished the Article 16/5 of the Decree Law numbered 556.
  • Assignment of Trademarks and Licensing of Trademarks in Turkey

    I. Introduction
  • Austria: Amendments to Chemicals Act and Biocidal Products Act

    On March 5 2015 Austria's agriculture, forestry, environment and water economics minister presented a draft law to amend the Chemicals Act and the Biocidal Products Act. The proposed amendments are the last steps towards the final standardisation of the classification, labelling and packaging of substances and mixtures in accordance with EU Regulation 1272/2008 (the 'CPL Regulation'). The amendments simplify the term 'toxin' and shift the existing toxin purchase permit system to a simplified system of toxin purchase certificates. Read more...
  • Poland: Traders' Obligations under the New Consumers Protection Act

    The new consumers protection act (" Act ") which came into force on 25 December 2014 changed the obligations that traders (entrepreneurs) have with regard to the execution of sales contracts with consumers (relating to both goods and services) and warranty rules relating to the provided goods. read more...
  • Tax Legislation Overhaul Proposed in the Republic of Srpska

    Significant changes to the tax regulations in the Republic of Srpska (“RS”) are expected in the coming months. On March 6, the National Assembly of RS passed amendments to the Law on Fiscal Cash Registries. In addition, Parliament approved the Government’s proposals on amendments to several important tax laws, including corporate income tax, personal income tax, social security contributions and property tax. Proposed changes to the laws governing accounting and financial audits have also been approved. These changes are intended to clarify and strengthen existing tax rules, widen the tax base and introduce more discipline in the payment of tax, but also to reduce the tax burden for businesses in order to stimulate economic growth.
  • Careless limit values threaten the Mining Industry

    By lawyer/partner Pia Pehrson and associates Pelle Stubelius and Ludvig Gustafson, Foyen Advokatfirma
  • Wage moderation - The Act providing the new remuneration margin has been published

    On Thursday 30 April 2015, the Act establishing the maximum margin for the evolution of remuneration costs for 2015 and 2016 was published in the Belgian Official Gazette and entered into force.
  • Installment Sales

    The Regulation About Installment Sales ( "The Regulation" ) entered into force by being published in the Official Gazette on 14 th  January 2015. Although the title is 'installment sales'; the main subject of the Regulation is financial leasing agreements. It is important to be careful not to confuse the installment sales with the prepaid sales. In prepaid sales the buyer have the possession of the sold movable property after completing the payment. However in installment sales the buyer gets the property immediately and then makes the payment. Moreover the sales made by credit cards are not the subject of this Regulation.
  • Protection of Creditors and Employees and Personal Liabilities of Shareholders in Mergers

    Synergies and increase in the assets of the merging companies are aimed at mergers. However, a merger may at the same time result in the increase of the liabilities of the merging companies. Further, in some cases the financial standing of the absorbed company in a merger may not even show positive figures thus such a merger may present a potential risk on the creditors of especially the surviving company. Due to the fact that creditors of the merging entities do not have a veto right against a merger, there arises the need for a specific protection tool for the creditors. A merger may also negatively affect the employees of the merging entities, again especially the ones of the absorbed company. On the other hand, "over-protection" may defeat the purpose of the merger concept so a fairly balanced protection mechanics is essential. This article focuses on the means of protection of creditors and employees, and personal liabilities of shareholders in mergers, as regulated by the Turkish Commercial Code ("TCC").
  • The Gas Pipelines, the Cold War and the Black Sea Region

    Since the end of the Cold War, the Black Sea region has gained even greater political and economic importance and has become the subject of a dominance battle between world powers including the United States of America, Russia and the most influential member states of the European Union. While these world powers battle for dominance, local players such as Turkey and Ukraine have also gained importance and have used their geopolitical position to promote themselves as key international policy players.