News

Kosta Legal advises IFC, the Ministry of Health, and the Ministry of Finance on the creation of dialysis centers

Kosta Legal has provided comprehensive legal assistance to the International Finance Corporation (IFC), Uzbekistan’s Ministry of Finance and Ministry of Health in designing and tendering a public-private partnership (PPP) project for financing, constructing, equipping, training personnel, and operating four dialysis clinics in the city of…

Tuesday, 09 March 2021

Kosta Legal recognized as one of Uzbekistan’s best law firms by Chambers & Partners

The influential international ranking agency Chambers and Partners, operating across 200 jurisdictions, has again recognized Kosta Legal as one of Uzbekistan’s best law firms providing business law legal services. Yesterday, its Chambers and Partners Asia-Pacific guide for 2021 was published. The guide describes our firm…

Friday, 18 December 2020

Kosta Legal assists KT Corporation with merger deal

Lawyers of Kosta Legal led by Mr. Vazgen Grigoryan have advised KT Corporation (formerly Korea Telecom), South Korea's largest telecommunications company, in a transaction involving the merger of some of Uzbekistan’s leading Internet providers – EVO and East Telecom. Our role was to provide comprehensive…

Monday, 19 October 2020

Kosta Legal advises the Chinese Silk Road Fund on financing the redevelopment of Samarkand

Kosta Legal has successfully advised the Chinese Silk Road Fund on providing a RMC 1,4 bln (approximately, USD 205 mln) loan to the Uzbek National Bank for Foreign Economic Affairs for the design, construction, development, commissioning, and operation of the Samarkand Tourism Centre, aimed to…

Thursday, 24 September 2020

Kosta Legal assists in establishing the Uzbekistan Mortgage Refinancing Company

Kosta Legal has successfully supported the Asian Development Bank (ADB) and the Uzbek government in establishing and operationalizing the Uzbekistan Mortgage Refinancing Company (UMRC). UMRC is a national wholesale financial institution providing long-term finance to mortgage lenders. It issues bonds in capital markets and uses…

Wednesday, 24 June 2020

Kosta Legal ranked Tier 1 in 2020 edition of The Legal 500

We are glad to share that Kosta Legal has maintained its position as one of the leading law firms in Uzbekistan, having been ranked as a Tier-1 firm by influential independent ranking directory The Legal 500. It is stated that Kosta Legal “is a popular…

Friday, 17 April 2020

Kosta Legal advices EBRD on providing a EUR multimillion loan to a pharma company

Kosta Legal has successfully advised the European Bank for Reconstruction and Development (EBRD) on providing a EUR 5.1 mln loan to one of the Uzbekistan’s largest private pharmaceutical companies. Our lawyers have provided comprehensive assistance in structuring and negotiating the transaction and preparing loan and…

Thursday, 09 April 2020

COVID-19 coronavirus in Uzbekistan

Dear clients and partners,On March 22, 2020, the Uzbek Government introduced further quarantine measures to prevent the spread of COVID-19 within the country and recommended to suspend work of public and private companies and institutions to the extent possible. Taking active steps to prevent the…

Monday, 23 March 2020

Kosta Legal helps to win international arbitration case in the Vienna International Arbitral Centre

Lawyers of Kosta Legal have helped Mastrerrind, one of the Germany’s largest cattle breeding companies, to secure a victory in the Vienna International Arbitral Centre (VIAC) in arbitration proceedings against an Uzbek agricultural company and to enforce a VIAC award in Uzbekistan. The approximately EUR…