News
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…
Monday, 23 March 2020
Kosta Legal assisted in some of the country’s largest M&A transactions in 2019
The Antimonopoly Committee of Uzbekistan has revealed some information on the Uzbekistan’s largest M&A transactions that it had reviewed in 2019 (https://antimon.gov.uz/top-5-sdelok-po-jekonomicheskoy-koncentracii-v-uzbekistane-za-2019-god/). The relevant top-5 list includes the following transactions: TBC Bank Group/Inspired (Payme) – Georgian TBC Bank acquired shares of Inspired, an operator of…
Thursday, 16 January 2020
The Chambers Asia-Pacific 2020 guide praises Kosta Legal as one of the leading firms in Uzbekistan
We are glad to inform our clients and partners that this year Kosta Legal was again ranked as one of the Uzbekistan’s top tier law firms by respectable ranking agency Chambers and Partners. Our firm is described as a “notable team with a strong presence…
Friday, 13 December 2019
Kosta Legal advises UAE’s Masdar on a PPP project in renewable energy
Kosta Legal has successfully advised Masdar, the UAE-based renewable energy company, on concluding a power purchase agreement and a government support agreement with the Uzbek government on designing, financing, building and operating the country’s first solar power plant. The project, being the Uzbekistan’s first competitively-tendered…
Friday, 15 November 2019
Partner Nail Hassanov speaks on Uzbek legislation on renewable energy in Dubai
It was our great pleasure to have our Project Finance, PPP and Energy Projects Partner Mr. Nail Hassanov invited to deliver a presentation on renewable energy in Uzbekistan and the relevant Uzbek legislation on energy, project finance and foreign investment at the Frontier Markets event…
Wednesday, 02 October 2019
Kosta Legal tops The Legal 500 ranking
We are glad to share the splendid news that this year Kosta Legal was again recognized as one of the best tier-1 law firms in Uzbekistan, “[providing] hands-on experience” and uniting “some of the most professional lawyers in the country” by The Legal 500 international…
Friday, 19 April 2019
Kosta Legal assists Eximbank of Russia in financing construction of Tashkent Metallurgical Plant
Kosta Legal lawyers have successfully advised Eximbank of Russia on its EUR 142 mln financing of the project for the construction of the Tashkent Metallurgical Plant. The 10-years financing has been provided to Uzbek Asaka Bank and Uzpromstroybank, which channel the funds to a project…
Thursday, 17 January 2019
Kosta Legal Senior Associate Mr. Maxim Dogonkin joins NNO Buyuk Kelajak
We would like to sincerely congratulate our Senior Associate Mr. Maxim Dogonkin, who has become a member of the nongovernmental organization Buyuk Kelajak, unifying Uzbekistan’s best professionals with international experience able to advice on or to lead those rapid legal reforms that are ongoing in…
Thursday, 07 March 2019