DFDL

Bangladesh

Analysis

Overview

DFDL is a full-service international-linked law firm in Bangladesh. It combines offshore expertise with local knowledge to advise clients across practice areas like mergers and acquisitions, energy projects, infrastructure and general corporate commercial matters. The firm uniquely offers both international and local expertise across banking and finance, restructuring, employment law, regulatory compliance and dispute resolution, in addition to energy, infrastructure and M&A. Partner Shahwar Nizam is a key contact. 

Client feedback 

“High-quality, practical and creative advice.” – Restructuring and insolvency 

Shahwar Nizam 

“Excellent client management coupled with creative, practical advice.”

 

General business law

Work highlights 

Advised SHV Energy, a global distributor of off-grid energy, on its $150 million acquisition of local liquefied petroleum gas (LPG) bottler, marketer and cylinder manufacturer Petromax LPG and Petromax Cylinders. The firm is also assisting SHV Energy in undertaking due diligence on other multiple LPG assets for acquisition in Bangladesh. The entrance of SHV Energy in the market is expected to have a significant impact downstream in the energy market.

Assisted Hong Kong-based energy company Kai Heng Long in the acquisition of Laugfs Gas (Bangladesh), a Sri Lankan and UAE-owned joint venture which is involved in the business of LPG bottling and distribution in Bangladesh.

Acted as the local counsel and assisted Actis in the acquisition of a 220MW combined cycle gas turbine project under development at Bhola, Bangladesh, from Shapoorji Pallonji Infrastructure Capital Company Private, including arranging a refinancing for the project.  

Key clients

Eleris Energy, Nebras Power Investment Management, Softbank Vision Fund, Export-Import Bank of China.