International finance institutions, multinational corporations, development banks and state-owned enterprises choose Kinstellar for its expertise across an array of sectors. The firm is a stand-out in the banking and finance, energy and infrastructure, telecommunications and the digital economy, manufacturing and healthcare, insurance and real estate practice areas. Across syndicated loans and ECAs, privatisations and FDI, capital markets, regulatory advisory matters, and project development and investment structuring, the firm is well-equipped. Sherzod Yunusov, experienced in banking, capital markets, PPP and energy, Joel Benjamin, the firm’s managing partner in Almaty and Tashkent, and Dilshad Khabibullayev, focused on M&A, corporate, projects and infrastructure matters, are the firm’s key contacts. Otabek Suleimanov, who is highly experienced in cross-border banking and finance and M&A, joined from Centil Law in November 2025.
Legal 500 Editorial commentary
Key clients
- International Hotel Licensing S.a.r.l
- LAMASCUS HOLDINGS INC.
- Orano Mining SAS
- Bank of China (Macau branch)
- Agence Française De Développement
- ACWA Power Global Services
- Smith Gambrell & Russell LLP, Atlanta
- J.P. Morgan Securities
- International Finance Corporation - IFC
- Société Générale
Work highlights
Advised International Hotel Licensing S.a.r.l. (Marriott) on legal structuring and enforceability of hotel management agreements for the Ritz-Carlton Tashkent.
Advised LAMASCUS HOLDINGS INC. on establishing a wholly owned subsidiary and market entry into Uzbekistan.
Advised Orano Mining SAS on its divestment of a minority stake in a uranium joint venture with a state-owned enterprise.
Lawyers
Leading partners
The strongest partners in their field, leading on market-leading deals and endorsed by peers and clients alike.
Next Generation Partners
Junior partners with significant recognition from clients and peers in the market and key roles on multiple matters.
Leading associates
Leading associates with regular involvement in their team's key work, and recognition from peers or clients as being ones to watch.
Malika Murodova
Practice head
Joel Benjamin; Sherzod Yunusov; Dilshad Khabibullayev
Other key lawyers
Otabek Suleimanov; Malika Murodova

