The firm’s lawyers have advised on a large number of Kazakhstan and international transactions and projects of various levels of complexity. Here are some examples:

  • Transfer of shares in a number of major Kazakhstani producers (in the field of mining and processing industries) to a UK holding company for the subsequent IPO on the London Stock Exchange. We acted for the Government of the Republic of Kazakhstan in that transaction
  • Advising a Saudi group of companies on entering the Kazakhstan market. Our work included advice on the sale of five Kazakhstani companies to one of the world’s largest fashion retailer
  • Transactional advice on the acquisition of a majority participatory interest in a major Kazakhstani distributor of pharmaceuticals by a pharmaceutical holding company from the Russian Federation
  • Acting for a major Chinese bank in a US$3 billion debt finance transaction for the acquisition of a major oil producer in Kazakhstan
  • Transactional advice on the transaction of project finance with a Chinese bank for the construction of aluminium smelter (in an amount of a US$292 million)
  • Acting for a major Kazakhstani bank in connection with the bank’s US$40 million borrowing from a major international bank under a guarantee of the US Export-Import Bank
  • Acting for a Chinese bank in a US$10 million debt finance transaction guaranteed by three Kazakhstani subsidiaries of the borrower and secured by pledge of receivables
  • In 2007, a Canadian mining company initiated arbitration in the LCIA against the Republic of Kazakhstan over a contract for mining and export of uranium for US$4 billion. In 2010, we successfully defended the interests of the Republic of Kazakhstan
  • Acting as local counsel to a major Kazakhstani bank in multibillion-dollar court proceedings (in London, Cyprus and BVI) for recovery of damages from the bank’s former management
  • Successful representation of a Kazakhstani company in court proceedings initiated by an international bank for recovery of a US$10 million debt. The judgment was made in favour of our client
  • Successful representation of a Kazakhstani oil producer in arbitration in the LCIA initiated by a field service contractor operating in Kazakhstan whereby we helped our client saved US$2 million
  • - Representation of a government holding company in a case relating to the invalidation of guarantees issued by a Kazakhstani bank in the amount of US$ 300 million
  • Advising an international group of companies on a US$70 million contract for services with a Kazakhstani mining company
  • Acting for a Kazakhstani investor in connection with acquisition of construction-in-process of a large multifunctional building in Astana, Kazakhstan
  • Acting for a global chain of fast-food restaurants in negotiations for the sale of its franchise to a financial and industrial group in Kazakhstan

Due diligence is conducted when the client needs to evaluate the risks associated with a company which the client intends to work with. The most popular form of due diligence is the so-called presale audit. Due diligence is also carried out when financing a borrower, entering into long-term agreements (for example, franchise contracts), and in some other cases. Our lawyers have carried out a large number of due diligence projects with respect to various companies. Some of the examples that have been carried out by our lawyers include due diligence of:

  • three oil companies in Kazakhstan in connection with their proposed acquisition by a major Chinese investor
  • aluminium producer in Kazakhstan in connection with the proposed state financing by Development Bank of Kazakhstan JSC
  • major Kazakhstani commercial real estate operator in connection with the preparation of its potential sale

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