Project Team
When a Chinese investor approached PraeLegal Uzbekistan with a real estate project in Uzbekistan, no one anticipated the challenges that would arise during the due diligence process. A legal encumbrance on the property made a direct purchase impossible.
However, thanks to the expert work of Associate Nazokat Kamilova and Junior Associate Khojiakbar Abdusamadov under the guidance of Managing Director Sherzod Abdulkasimov, the investor not only retained the project but also secured favorable terms for its implementation.
The legal team developed the necessary agreements to protect the investor’s interests and ensure the successful completion of the transaction.
This comprehensive approach not only eliminated legal obstacles but also minimized risks for the foreign investor. As a result, the $18 million project is being successfully implemented, providing the client with solid legal protection and confidence in their investment.