An ₼18 million loan for a hotel project in Gabala
We acted for the borrower: negotiated the loan agreement, the mortgage over the land and the share pledge with the bank.
The security required was cut from 140% to 115% of the loan.
Who worked on it

Partner, advocate
Works on the purchase of land and buildings, leases, construction contracts and FIDIC agreements. Argues delay and defect disputes between contractors and employers in court.
Direct line, extension 105
We acted for the borrower: negotiated the loan agreement, the mortgage over the land and the share pledge with the bank.
The security required was cut from 140% to 115% of the loan.
Who worked on it
We acted for the employer: adapted the contract to local conditions and agreed delay damages and a retention.
Signed in 6 weeks with delay damages of 0.05% a day.
Who worked on it
We checked 9 land plots, drafted the leases and handled the grid connection application.
The land package was complete before the investor’s funding decision.
Who worked on it
We read your papers and tell you what can be done, how long it will take and what it will cost. If you instruct us within 30 days, the meeting fee comes off your first invoice.