LEGAL UPDATES
During this unprecedented impact of the Coronavirus (COVID–19) pandemic we wanted to reassure you of our continued service. We understand that you will be dealing with your own organisational challenges in facing the realities of COVID-19, but please be assured that we will be available to render all legal assistance to you without disruption. We endeavour to post regular legal and industry updates on our website to keep you informed. We, at LMA, hope and pray for everyone’s continued safety. (24.03.2020).      Memo on the measures taken by Regulatory Authorities, the Federal Government and Provincial Governments in Light of COVID – 19. (25.03.2020).

Privatization

Our team regularly represents bidders in privatizations conducted in Pakistan. In this respect, we advise parties in all legal matters including undertaking due diligence, participating in all pre-bid meetings and negotiations with the Privatization Commission.

The firm has acted on behalf of the Privatization Commission in the landmark largest Privatization transaction, for divestment of the Government’s shares in Habib Bank Limited, a transaction which resulted in proceeds of over USD 1 Billion for the Privatization Commission and the Government.

The lawyers at LMA have advised the successful bidder in the privatization and acquisition of Pak Arab Fertilizers (Pvt.) Limited by the Fatima Group. Our firm was also involved in the first privatization of a bank in Pakistan, Muslim Commercial Bank Limited, whereby the 100% shareholding of the Government was acquired by the National Group, which acquisition was structured by the Chairman & Managing Partner of LMA, Mr. Liaquat H. Merchant.