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AZERBAIJAN Law and Practice Contributed by: Ismail Askerov and Amil Jafarguliyev, MGB Law Offices

MGB Law Offices was established in 1995 and is an independent full-practice business law firm in Baku, Azerbaijan. The firm specialises in corporate and business transactions, including mergers and acquisitions, joint ventures, foreign investments, cross-border finance and telecommunications. Its expertise spans various sectors, serving blue-chip multinationals, financial institutions and businesses

in energy, healthcare, retail, telecoms and logistics. As a pioneer in supporting foreign investors in Azer - baijan, MGB Law Offices collaborates effectively with regional, English and American law firms. Its litiga - tion team adeptly represents international clients in commercial, tax and employment disputes before lo - cal courts. The firm is recognised by Chambers and Partners and other legal directories as a top-tier firm.

Authors

Ismail Askerov is the senior partner at MGB Law Offices, with over 29 years of expertise in corporate law, energy, regulatory and debt and equity finances. He has advised oil and gas corporations, export credit agencies

Amil Jafarguliyev advises on M&A, antitrust, data and technology, sustainable energy investments and project financing at MGB Law Offices. He contributed to ACWA Power’s USD400 million desalination plant

and international financial institutions on cross- border financing, and multinational companies on major M&A projects. Notable work includes advising international banks and credit agencies on downstream financing for Türkiye’s Project Star refinery and representing foreign lenders in the syndicated financing of the BTC pipeline project. Ismail has recently advised international lenders (the ADB, EBRD and IDB) on due diligence and financing for major renewable projects in Azerbaijan. He is a trusted, first-choice expert in high-profile, complex transactions.

PPP project, assisting with regulatory due diligence and reviewing key project agreements. Amil is also a PhD researcher at the University of Galway in Ireland, where he examines the law and economics of user-retention strategies in digital markets. He holds an LLM in European Business Law from Lund University, with a specialisation in competition law. Moreover, he has taught EU law at ADA University, undertaken research at UNIDROIT in Rome on smart contracts, and published on antitrust and EU law in peer-reviewed journals.

MGB Law Offices Rasul Rza Street 15 apt 28–30 Baku AZ1000 Azerbaijan Tel: +994 12 936 669 +994 50 250 2528 Email: office@mgb-law.com Web: www.mgb-law.com/

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