Akhund Forbes demonstrates strength in corporate, commercial and dispute matters. The firm regularly works on a rich pipeline of significant government infrastructure mandates and has extensive experience advising foreign clients on its investments in Pakistan. Rabel Akhund and Sahar Iqbal are the key contacts.
Client feedback
“The proactive quality of service and turnaround time.” – Capital markets
“Timely response, accurate and to-the-point legal opinion and very accommodating.” – Energy
“Very efficient and productive.” – Energy
Rabel Akhund
“Very knowledgeable and extremely approachable.”
“Very responsive and efficient.”
“Highly knowledgeable and reliable.”
Work highlights
Advised the sponsors of NDC Group on the sale of 100% of their stake in NDC, a leading Asian IT company headquartered in Pakistan, in a cash and share swap consideration deal.
Advising Globalization Partners on market entry in Pakistan, including setting up and capitalising a corporate vehicle, HR and employment matters and providing incidental legal and regulatory advice.
Advising the Privatisation Commission of Pakistan, as part of the winning consortium led by Credit Suisse (Singapore), on the privatisation of two RLNG-based power plants through a strategic sale.
Work highlights
Advising China Development Bank as lender to the Ministry of Finance of Pakistan on a $700 million loan to the Government of Pakistan to support it with its balance of payments crisis.
Providing Pakistan law advice to Asia Development Bank in connection with amendment and restatement to the original loan facility which the firm had advised in 2018.
Work highlights
Advising the Chinese insurance company, Sinosure, in connection with the Azad Pattan Hydropower Project in Azad Kashmir.
Provided the Central Depository of Pakistan and the Association of Builders and Developers with detailed memorandum which assessed the current legislation, practices and procedures relating to property registration, transfer of property, and other related matters in the province of Sindh for the purposes of digitising all property transactions.
