Leading firms in Armenia

AM Law Firm

AM Law Firm stands out in the market for its broad practice, encompassing both non-contentious matters and litigation. On the advisory side, the practice has a full-service offering to corporate clients, advising on contract drafting, employment matters, and compliance with Armenian tax and customs law. The team’s work on contentious matters includes challenges to the decisions of regulators, disputes between companies, and labour-related litigation; it also has a notable practice representing prominent Armenian politicians in defamation proceedings. Grigor Minasyan leads the team; other key partners include Vanik Margaryan, who has a broad practice across finance, corporate, and tax law, and David Hunanyan, who in addition to handling civil litigation also leads the firm’s criminal law practice. Narine Sargsyan is also praised by clients.

Practice head(s):

Grigor Minasyan

Other key lawyers:

Vanik Margaryan; David Hunanyan; Narine Sargsyan

Testimonials

‘The firm is very responsive and thorough.’

‘We work primarily with Narine Sargsyan. She has been very responsive and thorough in her answers.’

Key clients

PEI Develompent AM LLC

Sapphire Trading LLC

Aller Aqua AM LLC

Avetisyan Construction LLC

Data Trade LLC

Alfa Food Service LLC (Armenia)

Cabarco LLC (Adjarabet Armenia)

New Generation School

Arcada Construction LLC

Belasco Construction LLC

Yandex.Taxi BV (Netherlands)

Onex LLC

Nikol Pashinyan (Prime Minister of the Republic of Armenia)

Alen Simonyan (President of the National Assembly of the Republic of Armenia)

Arsen Torosyan (Former Minister of Health of the Republic of Armenia)

Armenian branch of the company QUESTRADE International Inc.

National Burn Center closed joint-stock company (CJSC) (Ministry of Health of the Republic of Armenia)

INGO ARMENIA Insurance Closed Joint-Stock Company (CJSC)

Work highlights

  • Advised Checchi and Company Consulting on all aspects of the foundation and registration of a branch in Armenia.
  • Advised a client on contesting a fine for alleged non-licensed activity.
  • Representing the interests of the Prime Minister of the Republic of Armenia in cases of defamation and insult in the courts of the Republic of Armenia.

Concern Dialog law firm

Concern Dialog law firm stands out in the Armenian market for the breadth of its practice, with a particular focus on contentious matters. The team’s litigation includes disputes involving tax, defamation, and unfair competition, and it is also well known for its work in labour and employment claims, acting for both employees and employers. The practice also represents government bodies in constitutional law disputes and additionally has a strong criminal law practice. Practice head Aram Orbelyan is highly praised by clients as a ‘top-notch lawyer’, while Narine Beglaryan leads on corporate and banking work. Elsewhere, Artur Hovhannisyan specialises in tax law, and Janna Simonyan heads the team’s employment practice. Lilit Karapetyan focuses on the mining sector.

Practice head(s):

Aram Orbelyan

Other key lawyers:

Narine Beglaryan; Artur Hovhannisyan; Janna Simonyan; Lilit Karapetyan

Testimonials

‘They offer out-of-the-box thinking and are client-oriented’

‘he firm is one (if not the only) firm in Armenia which is capable of staffing large due diligence projects involving multiple areas of law, and is particularly strong in mining.’

‘Aram Orbelyan is a top-notch lawyer, vastly knowledgeable and pragmatic. He is available 24/7 and extremely reliable. Narine Beblaryan and Lilit Karapetyan are also very good.’

‘During the cooperation with the team I have noticed a very important thing, that is the conscientious approach and responsibility in relation to their work, and, which is more important, they are able to give, to suggest more than one solution to the same problem.’

‘Our organization has been completely satisfied with the firm’s performance. The Firm formulates an effective strategy for each case that is assigned to them.’

‘Currently we work with the extremely professional Aram Orbelyan. Usually, depending on the issue, the company may assign a person from relevant department to work with. All their staff that we worked with are very professional, experienced, have excellent analytical skills; they are punctual, meet deadlines.’

‘The firm has all the key attributes and capacities to provide wide range of services: labour law, criminal law, corporate law etc., which large corporate organizations are faced with on a daily basis. People are very highly responsible and outcome focused, billing is flexible and sometimes they are open to new ideas and changes which suits companies objectives’ the most.’

Key clients

Veolia Jur

UCOM

ID Bank

Astghik Mkhitaryan

Bankruptcy administrator of Stones LLC – Khachik Nazaryan

AAB Project LLC

Chiefs of the Communities of the cities of Abovyan, Tsakhadzor and Nor Hachn

Gagik Khachatryan (the former head of State Revenue Committee and ex-minister of Finance of the Republic of Armenia) and his sons Gurgen and Artyom Khachatryans (businessmen, shareholders of Ucom CJSC (Telecom )

Teghout CJSC

K&P Law Firm

K&P Law Firm has a broad practice in the Armenian market, providing advice on credit facilities, transactions, and day-to-day corporate matters. The practice is particularly active in Armenia’s real estate sector, where it advises construction companies on financings, the acquisition of permits, and the drafting of construction documents; it also acts for other clients, such as retailers, on property transactions and the negotiation of leases. Other sectors of focus for the firm include financial services and Armenia’s growing renewable energy space. Tatul Khudatyan and Vardan Stepanyan jointly lead the team, with Gayane Virabyan and Ani Nargizyan also names to note.

Practice head(s):

Tatul Khudatyan; Vardan Stepanyan

Other key lawyers:

Gayane Virabyan; Ani Nargizyan; Anna Hakobyan

Testimonials

‘An excellent, organized and friendly team of highly qualified lawyers.’

‘The team shows thorough knowledge and understanding of the complex practices in the financial services market.’

‘Vardan Stepanyan is certainly the driving intellectual lead of the team, highly responsible for all the team’s effective and business-oriented advice. He has thorough knowledge of the financial services market with a focus on Armenia-specific advice.’

‘Great experience with Vardan Stepanyan and Gayana Virabyan. Very thorough, reactive and practical-minded.’

‘K&P is a very organized and responsible team of young, knowledgeable and energy driven associates and highly professional, experienced partners who can resolve even the hardest issues in the best of client’s interests.’

‘The team is efficient, personable and highly diligent. The last year was turbulent in this region, and yet K&P team has navigated this period with the confidence and stable attitude.’

‘Our cooperation with Tatul Khudatyan proves that he is a highly professional problem solver. His comprehensive knowledge of the Armenian market and deal structures gives us confidence in our daily business activities and comprehensive business deals. He is a great negotiator and thoroughly represents our interests on all levels of negotiations both with private and public institutions due to his grasp of the mentality and business culture of the region.’

‘Gayane Virabyan was very skilled at outlining the legal landscape and the legal considerations for our business as it expanded into this new territory.’

Key clients

HIMA UCO LLC

MoneyGram International Inc.

Snowfall Limited

PROPARCO (Group Agence Française de Développement)

Tufenkian Holdings LLC

Siemens AG (and other Siemens Group companies)

Areg Energia LLC

Tavitian Vineyards LLC

LMS LLC

Sartex LLC

Noy Invest Group LLC

Computron Industries Establishment

Sovrano LLC (Group of Associated companies)

Overseas Private Investment Corporation (OPIC)

C-Quadrat Ampega Asset Management Armenia LLC

Majid Al Futtaim AM LLC (MAF operating Carrefour brand)

Research Center of Maternal and Child Health

Elite Group LLC

Work highlights

  • Provided legal consulting to PROPARCO concerning the negotiation, reviewing and finalising of a credit facility agreement in relation with a loan in the amount of 25,000,000 EUR to be made available by PROPARCO to the National Mortgage Company.
  • Advised Majid Al Futtaim AM on five commercial lease transactions as part of the company’s expansion of its presence in Armenia.
  • Advised Areg Energia on the negotiation, drafting and organising the execution of a general credit agreement, which secured the client a loan of up to 6,000,000 USD.

Legelata Law firm

Legelata Law firm is noted for its work in the financial services sector, advising banks on regulatory compliance and transactions; the team also acts on the borrower side of transactions. Elsewhere, the firm counsels clients on compliance with a variety of regulations, including data privacy, advertising, and customs, with the management of intellectual property portfolios also a key focus. Managing partner Gor Margaryan  focuses on banking and corporate law, while Arthur Buduryan became a partner in 2021 and has broad expertise. Alla Hakhnazaryan  leads the team’s intellectual property and litigation work.

Practice head(s):

Gor Margaryan; Alla Hakhnazaryan; Arthur Buduryan

Testimonials

‘The team is young, they are open minded personalities and it is just a pleasure to cooperate with them. We were looking for a long time to find a partner like Legelata LLC. Legelata is doing everything possible to give your questions exhaustive answers.’

‘They offer professionalism and respond in a timely manner with flexibility.’

Key clients

LC Waikiki

Huawei Technologies

Samsung Group

Coca-Cola HBA

Egis Group

Sberbank of Russia

Lego Juris A/S

China Machinery Engineering

4u.am CJSC

Z&A Stores LLC (franchisee of Burberry, Armani, Ralph Lauren and other luxury brands in Armenia)

Alfa-Bank open joint stock company

PNB Banka AS of Latvia

Krka d.d.

Coinstats LLC

GlaxoSmithKline Healthcare

Granite Management Services

American Centre for International Solidarity (Solidarity Centre)

Herbalife Nutrition, Ltd.

Work highlights

  • Assisted PNB Banka Latvia in management of the credit organisation, which was under the liquidation process by selling its assets and portfolios, including providing representation in courts with regards to pending cases and providing reporting to Central Bank of Armenia.
  • Advised Coinstats on the structuring of a bankable group of companies in receiving venture capital for development of a cryptocurrency trading platform from well-known venture capital funds.
  • Advised China Machinery Engineering on the transactional documentation in connection with a power plant project, aiming to create a less risky structure for performance of its obligations under the construction contract

ADWISE Legal

ADWISE Legal provides comprehensive advice to corporate clients on a range of issues relevant to doing business in Armenia, including M&A transactions, contract drafting, corporate governance, and compliance with Armenian regulations. The team acts for established companies in Armenia as well as new entrants to the market, across sectors including technology, consumer goods, and financial services. In addition to providing ongoing advice, the team is also active in helping clients facing tax issues. The practice is jointly led by Ara Khzmalyan and Hayk Malkhasyan, both of whom have broad expertise and experience working in-house and in academia.

Practice head(s):

Ara Khzmalyan; Hayk Malkhasyan

Key clients

GlovoApp23

DISQO AM CJSC

Coca Cola Hellenic Bottling Armenia CJSC

CMX Solutions LLC

Publicis Hepta LLC

ARGE Business LLC

Armenian Branch of World Vision International Beneficent Organization

Playrix Armenia LLC

Pretty Way LLC (“Vesta” Chain)

Systems Technology Institute CJSC

Lucin Organics LLC

Premier Urgence International Armenian branch

Powerdata LLC

Work highlights

  • Advised Lucin Organics, a local start-up business, on setting up production of organic handmade cosmetics and engaging a new foreign investor.
  • Assisted Rimute Holdings Limited in entering the Armenian market through the acquisition of an Armenia-based game developer company.
  • Performed successful lobbying activities on behalf of ARGE Business LLC to retroactively amend tax regulations so as to cancel a 150m AMD penalty imposed on the client.

HAP LLC

At HAP, practice head Hayk Hovhannisyan recently returned to private practice after spending several years serving on the Supreme Judicial Council of Armenia. Under Hovhannisyan’s leadership, the team is noted for its work in litigation, handling commercial litigation, employment disputes, and challenges to procurement processes. The firm also provides broad advice to clients on corporate issues such as the establishment of companies, registering IP, and contract drafting. Gagik Grigoryan focuses on bankruptcy and banking law, while Anna Margaryan specialises in procurement.

Practice head(s):

Hayk Hovhannisyan

Other key lawyers:

Gagik Grigoryan; Anna Margaryan

Testimonials

‘Hayk Hovhannisyan is a charismatic leader, very influential and prominent, brilliantly flexible mindset and knowledgeable, huge connections within political establishment of Armenia and the region, notable international connections at all levels. Gagik Grigoryan is an expert in bankruptcy and complex disputes. Anna Margaryan is a policymaker in state procurement and has a notable practice in urban development, strong in competition regulations and compliance.’

‘Managing partner Hayk Hovhannisyan is a star lawyer.’

‘Hayk is a resourceful and charismatic leader, he is a person of high integrity, and is a notable figure in the Armenian and regional legal market.’

‘Gagik Grigoryan is a known expert in bankruptcy law. He regularly speaks on important topics on media, trains insolvency office holders, publishes articles and is known as a precedent creator in bankruptcy law. His practice and developed doctrine is being used also for Insolvency Law Reform led by HAP since 2017 for the Armenian Government via EBRD. Gagik is very reliable and knowledgeable with a notable track record.’

‘Anna Margaryan is well known as a procurement and competition law specialist among experts and businesses. She has a notable track record in representing clients in state procurement disputes. Anna is also a master in urban development and planning.

‘We mostly interact with Anna Margaryan, whose responsiveness and ability to translate legal advice to practical business situation is much appreciated.’

Key clients

Government of the Republic of Armenia

EBRD

IBM East Europe/Asia Limited

Baker McKenzie

Synopsys Armenia

State National Academic Opera and Ballet Theater

Shareholder of AmeriaBank

120 employees of Armenian Copper Program CJSC

Chief Conductor of NYCO Constantin Harry Orbelian

George’s Dom LLC

Medisar LLC

Integrites Kazakhstan

Step Logic Yug LLC

Dasa2 Inc

Ramkavar Azatakan All-Armenian Party

Union of Currency Dealers

Hermel Group LLC

Work highlights

  • Representing the Republic of Armenia in an ICSID arbitration related to concessions.
  • Acting for a shareholder of Ameriabank in strategic litigation for banking sector of Armenia, clarifying “squeeze out” and “buy out” regulations and corporate governance rules in banks and general corporations with a significant emphasis on protection right of ownership and fair trial.
  • Represented Step Logic LLC in a complex public procurement dispute with the State Revenue Committee.

ILC (International Legal Consulting)

ILC (International Legal Consulting) specialises in providing advice to multinational companies on their activities in the Armenian market. The team is highly active in advising clients on a wide range of compliance and regulatory issues, including in the areas of data protection, antitrust, tax, and HR. The practice also handles corporate transactions and is frequently instructed on product launches in Armenia. Edith Khachatourian leads the practice and splits her time between San Francisco and Yerevan.

Practice head(s):

Edith Khachatourian

Key clients

Google

Xilinx

Nasdaq

YouTube

TikTok

SMBC Aviation Capital

Veon

VMware

Synopsys

Lufthansa

Discovery Channel

Marks and Spencer Plc

Zimmer Biomet

Marriott International

Alcon Pharmaceuticals

Takeda Pharmaceutical Company

Cisco

Talkdesk

Toyota

Audi

Suzuki

Casio Computer Co., Ltd.

Informa PLC

Genetec Inc.

Gazelle Finance

Telus Agriculture Solutions Inc.

Moet Hennessey

Carl Zeiss AG

Merck Healthcare

Church of Latter Day Saints

Habitat For Humanity

Veritas Technologies

Astellas

Macadamian Technologies Inc.

One Trust Technology Limited

Estee Lauder

Palladium Group

Work highlights

  • Worked closely with the Nasdaq US legal team in preparing a legal opinion covering compliance issues under Armenian legislation and international treaties, for submission to various regulatory bodies.
  • Advised SMBC Aviation Capital on the sublease of a foreign-registered aircraft to an Armenian sublessee, prepared all requisite agreements and issued a legal opinion on the due execution and enforceability of the transaction documents in respect to the sublessee.
  • Advised a renowned pharmaceutical company in relation to the distribution of its Covid-19 vaccine, on various regulatory aspects of vaccine labelling, pharmacovigilance, and data protection legislation.

Grant Thornton Legal and Tax LLC

The team at Grant Thornton Legal and Tax LLC provides day-to-day advice to a varied roster of clients, assisting with employment matters and corporate governance. The team is additionally particularly focused on advising clients on loan agreements, providing reviews of all relevant documentation. Hakob Tadevosyan, Aram Poghosyan and Tatevik Harutyunyan are the key partners in the team. All have broad experience acting for clients ranging from NGOs to companies in the financial services, healthcare, and technology sectors.

Practice head(s):

Hakob Tadevosyan; Aram Poghosyan; Armen Galstyan; Tatevik Harutyunyan

Key clients

Araratbank OJSC

Howard Karagyozyan Medical Benevolent NGO

“cognaize” CJSC

Nederlandse Financierings-Maatschappij voor Ontwikkelingslanden NV (FMO)

Embassy of Switzerland in Armenia

Jan Viktor Klima

Frankfurt School Financial Services GmbH

Polixis” SARL

Armenian Caritas Benevolent NGO

Lydian Armenia CJSC

Work highlights

  • Advised Howard Karagyozyan Medical Benevolent NGO on complicated transactions in regard to real estate.
  • Advised Nederlandse Financierings-Maatschappij voor Ontwikkelingslanden in connection with the negotiations with an Armenian bank pertaining to issues of the local legislation, as well as a custody agreement governed by the RA legislation.
  • Advised Lydian Armenia CJSC in connection with loan/credit agreements and study of related documentation.

Investment Law Group LLC

Investment Law Group LLC has a broad practice, advising clients on matters including corporate transactions, regulatory matters, and insolvencies. The practice acts for clients in an equally varied range of sectors, with a particular focus on mining, banking and energy. In addition to acting for Armenian companies, the firm also advises multinationals entering the Armenian market. Managing partner Artashes Kakoyan leads the team. Sayad Badalyan frequently acts for mining and energy clients, providing advice on transactions and compliance with Armenian environmental laws. Vahagn Dallakyan is another name to note in the team and leads on bankruptcy-related work.

Practice head(s):

Artashes Kakoyan

Other key lawyers:

Sayad Badalyan; Vahagn Dallakyan

Testimonials

‘It provides comprehensive support on commercial, corporate and regulatory matters, and understands cross-border transactions very well.’

‘The team is advising on the full range of legal matters from commercial and regulatory to competition law. Vahagn Dallakyan leads the team we work with and always ensures that we get a timely, sharp, practice-oriented advice.’

‘The team is comprised of very professional and qualified lawyers. The managing partner is one of the most prominent lawyers in the country. Client orientation,  focus on the substance and solution of the most complicated legal issues is the main advantage of ILG.’

‘Artashes Kakoyan and Sayad Badalyan – their service we appreciate a lot.’

Key clients

Buy Armenian Inc

Legran LLC

Agro Serv LLC

VOEB Service GmbH, 100% subsidiary of the German Association of Public Banks

The Black Sea Trade and Development Bank

European Bank for Reconstruction and Development (EBRD)

VTB Bank PJSC

ACBA Bank

Rostelecom Armenia

Microsoft Corporation

Lydian Armenia

Austrian Airlines

Les Laboratoires Servier SAS

Work highlights

  • Providing legal support to Buy Armenian in establishing the branch office of the client in the Republic of Armenia and in development of the online sales platform’s terms and conditions for users in light of regulatory framework of RA.
  • Providing comprehensive legal advice to the European Bank for Reconstruction and Development on Armenian jurisdiction issues within the framework of the project of construction of a 100-120 MW solar power plant in Armenia.