Experience

Our Legal Transactions

  • 2.2 billion rights issue in Pakistan on behalf of Pakistan Tobacco Company
  • Setting up of corporate structure for Area head office dealing with governance and tax- related issues
  • Revamping of Board and embedding code on good corporate governance
  • Negotiating and drafting various distribution agreements
  • Devising and various internal policies, ranging from employment to risk management
  • Handling various company secretarial issues by liaising with regulators such as Securities and Exchange Commission of Pakistan, Pakistan Stock Exchange and Competition Commission of Pakistan
  • Handled various labour issues, especially relating to third party workers
  • Major restructuring program with 5000 people rationalised
  • Negotiating and drafting collective bargaining agreements
  • Drafting various employment policies
  • Conducting employment and labour law litigations on behalf of clients infront of labour courts and NIRC
  • Advisory work on labour issues on all aspects of labour law
  • Training and awareness creation various areas of compliance laws, such as corruption, sanctions, data protection etc
  • Drafting internal policies on compliance issues
  • Devising process and drafting material for third party due diligence, including contractual agreements
  • Training and awareness on personal data management including Data Protection Act, UK
  • Sanctions – advising on sanction regimes as well as designing due diligence processes
  • Drafting codes of practice for corporations
  • Advising on con constructional matters, such as vires of delegated legislation and decision making of statutory bodies
  • Advising on litigation strategy based on constitutional and administrative law
  • Responding to tax and regulatory show causes and preparing litigation papers
  • General legal advice on tax, as well as on tax structuring
  • Advising on the Pakistan Telecommunication (Re-organization) Act 1996 and related delegated legislation and various telecom policies
  • Advising on Electronic Transaction Act 2000 and execution of contracts
  • Drafting terms and conditions for websites
  • Advising on the laws governing the internet
  • Advising on Cyber crime, especially Prevention of Electronic Crimes Act 2016
  • Advising on data protection laws and drafting internal policies, as well as conducing training
  • Working with clients to structure compliance of e-commerce with local laws
  • Worked on various litigation cases, involving regulatory breaches to tax
  • Defended and initiated constitutional petition on various issues in Pakistan
  • Managed litigation in various jurisdictions including Sri Lanka, Bangladesh and Ireland
  • Defended and initiated various intellectual property cases
  • Negotiating and drafting syndicated and normal loan facilities
  • Negotiating and drafting revolving loan facilities
  • Designing complex security structures to collateralize loan facilities via mortgages, assignment agreements, liens, floating and fix charges
  • Negotiating and drafting various property development loan facilities
  • Advising on general banking laws
  • $1.375 billion facility to finance the purchase of 21 aircraft, involving various financial structures
  • $550 million facility to finance the purchase of 10 aircraft, again involving various financial structures
  • $273 million facility to finance the purchase of 3 aircraft via a finance lease
  • $100 million facility to finance sale of 2 aircraft via a straight loan
  • Sale of an aircraft using Japanese leveraged leases, with and without Yen deposits and with and without the use of strip guarantees
  • Sale of two aircraft financed with a straight loan to the airline, from a loan made by a bank incorporated in the jurisdiction of the airline. The bank was put in funds by lenders based outside the jurisdiction
  • Sale of five aircraft using a German leveraged lease, with an option to further utilise a Hong Kong lease
  • First government guaranteed backed securitisation involving Daiwa Bank and ECGD to fund the sale of an aircraft for Malaysian Airlines. This was the first transaction of its kind in Europe and become a precedent for future deals
  • $40 million facility to buy Citation X for private businessman
  • Drafting and developing aircraft and finance lease precedents for DLA Piper

Members worked on various Project Finance transactions, which involved, negotiating, drafting documents, and carrying out due diligence on amongst others: –

  • Indus Grid – high tension electricity cable project worth $300m
  • Balagarh – power project in India and working on behalf of UK lenders
  • Bhadravati – power project in India and working on behalf of UK lenders
  • OmanLNG – Liquefied natural gas project – worked on behalf of UK lenders
  • Qatar Gas – development of gas field – worked on behalf of lenders
  • Karachi Railway Project – worked on behalf of lenders
  • Master Swap Agreement with ECGD Counterparties
  • Special Deposit Agreement for ECGD’s excess funds
  • £700 million refinancing program. Drafted all the necessary documentation, including specific Novation and Sub-Participation Agreements
  • $150 Million multi-currency revolving facility
  • Wrote paper on capital adequacy requirements under national and European law for internal working party
  • $500 million fixed rate guaranteed bond issued by Guaranteed Export Finance Corporation PLC (“GEFCO”) and guaranteed by ECGD issued in 1993 to finance ECGD’s refinancing program. Negotiation of documentation for bond and associated currency and interest – rate swaps. Drafting and signing of formal legal opinion on ECGD vires in connection with the guarantee on the bond
  • $100 million fixed rate guaranteed bond issued by GEFCO and guaranteed by ECGD in 1992
  • Portfolio Management Agreement with leading city bank to increase return on investment