ARMENIA Trends and Developments
Trends and Developments Contributed by: Mesrop Manukyan, Maria Petrosyan, Grigor Grigoryan and Anahit Sargsyan MB Legal
MB Legal is a Yerevan-based adviser for complex cross-border matters, particularly within the financial services, technology, and investment management sectors. With over 70% of instructions involving for- eign counterparties from the APAC, EMEA and Amer- icas regions, it maintains a high international ratio among domestic practices. The firm’s team provides specialised expertise in commercial dispute resolu- tion, capital markets and financial regulation. Recent work includes advising on 15% of all new bank and investment company licences in 2024–2025, lead-
ing the only two IPOs on the Armenian Securities Exchange in 2024, and managing USD145 million in debt restructurings for international financial institu- tions. The firm also recently advised on multi-jurisdic- tional M&A and reorganisations totalling USD250 mil- lion. MB Legal has advised on over 30% of all private fund registrations in the jurisdiction, and is trusted by leading Armenian banks and international investment firms facing complex regulatory or corporate litiga- tion challenges across its network.
Authors
Mesrop Manukyan is a founding partner at MB Legal with over seven years of experience in transactional and technology law. His career
Maria Petrosyan is a senior legal counsel at MB Legal with over seven years of experience in corporate law, dispute resolution and legislative reforms. She specialises in the development of arbitration and
includes serving as General Counsel for a Shanghai-based technology firm and leading legal functions at the Foundation for Armenian Science and Technology. Mesrop specialises in arbitration, mergers and acquisitions, intellectual property and telecommunications, advising international clients on corporate restructuring and emerging tech regulations. He holds an MBA from London Business School and an LLM from the University of Cambridge.
mediation frameworks, and previously served as the Armenian national correspondent for the European Commission for the Efficiency of Justice (CEPEJ). Maria is a member of the Chamber of Advocates of the Republic of Armenia and a licensed mediator. Her expertise includes complex transactional analysis and international commercial arbitration, where she frequently serves as a coach and arbitrator for global platforms.
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