Name: Ismaail Askerov
Firm Name: MGB Law Offices
Jurisdiction: Azerbaijan
Practice Area: Energy Law

Telephone: +99412 493 6669
Fax: +99412 493 6669

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Professional Biography:

Leaders in Law endorses Ismaail Askerov as our exclusively recommended Energy Law expert in Azerbaijan. If you wish to get in touch with Ismaail please use the contact information provided above.

Ismail is the Managing Partner of MGB Law Offices with over 23 years of experience in corporate, project finance, telecom and aircraft finance. He has been representing oil and gas corporations, export credit agencies and international financial institutions (such as EBRD and IFC) on cross border financing and high profile M&A projects. His experience also extends to advising consortium of international and investment banks and credit agency in downstream financing in connection with a multi-million facility for the development, construction of a major refinery in Turkey (“Project Star”) as well as syndicated finance of the foreign lenders on the well-known BTC pipeline project. He has been regularly advising oil and gas service companies on creation of joint venture companies and strategic alliances with Azerbaijani companies.

Ismail has also extensively assisted his multinational clients on various legal matters including energy, data protection, franchising/distribution and aircraft finance/lease  matters. For many years he has been providing practical regulatory advice in heavily regulated industries, such as oil and gas, banking, insurance, aviation and pharmaceuticals. Ismail is Leading Lawyer and highly recommended by Legal 500, IFLR and Chambers Global.


  • Diploma in Law, , Moscow Academy of Economics, Finance and Law1989
  • Academic Study in Law, Centre for Commercial Law Studies, University of London, 1994

Admitted to Practice

  • Azerbaijan and Russia – 1989
  • Member of the Collegium of Advocates of the Republic of Azerbaijan entitles, inter alia, to appear before the Supreme Court of the Republic of Azerbaijan), since 2004
  • Member of International Bar Association, since 1992

Professional Honors

  • Leading Lawyer, IFLR1000 Financial and Corporate, 2016-2017
  • Leading Lawyer, Legal 500 EMEA 2017
  • Highly Ranked Lawyer, Chambers Asia Pacific, 2017

Practice Areas

  • Corporate and M&A
  • Project Finance 
  • Oil and Gas
  • Contracts Aviation

Firm Description:

Established in 1995, MGB Law Offices is an independent full practice business law firm based in Baku, Azerbaijan. Our team of experienced attorneys offer specialist support that prioritises accuracy, reliability and consistency. We offer legal advice on corporate and business transactions in Azerbaijan, including mergers and acquisitions, joint ventures, real estate investments, cross-border finance, tax aviation and telecommunication matters, as well as intellectual property and technology licensing issues. 

Our expertise span a range of industry sectors, with recent clients including blue-chip multinationals, international financial institutions, insurance companies and businesses involved in energy, consumer goods and retail, healthcare, telecoms, transport and logistics. We have also become one of the first practices in Azerbaijan to provide comprehensive legal support for foreign investors, cooperating successfully with both English and American law firms. And our strong team of litigation lawyers regularly represent international clients on their commercial, tax and employment related disputes before local courts.

Our in-depth knowledge of the local business environment has made us one of the leading firms in Azerbaijan. Our dedication to offering a high quality and cost-effective service has meant that we have consistently ranked as the top tier law firm by the IFLR1000 and Legal500, and by Chambers and Partners as the leading practice.