asialaw Analysis

General business law
AS & Associates

AS & Associates is a full-service law firm with a strong focus on corporate law. The firm continues to develop its regulatory practice, advising clients on employment, compliance and governance. The firm also handles tax advisory and dispute resolution. ASA Bari is a key figure.

Client feedback

“Highly qualified and timely response.” – Labour and employment

Ferdaus Rahman

“Clearly and confidently explains ideas and complex issues in a way that is easy to understand. Shows an understanding of the links between individual employees and organisations value.”

Work highlights

Advised Rural Power Company on a syndicated foreign loan facility for the purpose of establishing a 420 MW duel fuel power plant project in Mymensingh, Bangladesh.

Advised Delta Brac Housing Finance Corporation on its bond issuance in the private placement.

Key clients

Equitable Hospitality, Facebook, Grand Bengal Hotel, International Finance Corporation

Bangladesh Law Partners

Bangladesh Law Partners is a Dhaka-based full service law firm specialising in banking and finance, arbitration, civil and commercial litigation. Led by barrister Shajib Mahmood Alam, the firm continues to serve both domestic and international clients.

Client feedback

“They are a strong team and their team efforts are the best support.” – Technology and telecommunications

Work highlights

Advised Unique Hotel & Resorts in the establishment of the company and funding.

Advised Trail Mix Ventures Fund II in a seed investment into a Singapore incorporated ultimate holding company with a wholly owned subsidiary in Delhi, India.

Advised Borak Real Estate in the execution of an investment agreement for the research, production and distribution of a new Covid-19 vaccine.

Key clients

Hallo BD Gadget, Tetsu Global Co


DFDL is a full-service international-linked law firm in Bangladesh. It combines international expertise with local know-how to advise clients on a variety of practice areas including M&A, energy project and infrastructure, and general corporate and commercial matters.

Work highlights

Advised Export-Import Bank of China on the financing of Bangladesh's first elevated expressway project.

Advised Nebras Power Investment Management on its acquisition of 24% equity interest in Unique Meghnanghat Power for the purpose of developing a 584 MW combined cycle power plant.

Advised Actis on its acquisition of Nutan Bidyut Bangladesh for the purpose of the development of a combined cycle gas turbine project.

Key clients

Bangladesh Infrastructure Finance Fund, Clifford Capital, r-pac International, Sumitomo MitsuiBanking Corporation, Twilio

Doulah & Doulah

With roots dating back to 1965, Doulah & Doulah now houses 12 partners and 18 associates. The firm is active in project financing and corporate and M&A work. Nasirud Doulah and Amina Khatoon are the main contacts.

Work highlights

Advised Amazon on its large investment in Bangladesh’s e-commerce sector. Prepared the initial country framework and structuring of the start-up business model for Amazon

Advised Capital Alliance Partners on the acquisition of a merchant bank in Bangladesh.

Acted as the local legal counsel for a consortium of Bangladesh Infrastructure Finance Fund, China Citic Bank and China Development Bank in the project financing of a toll road in Bangladesh.

Key clients

Bill & Melinda Gates Foundation, General Electric, HDFC Sinpower, Hong Kong Mortgage Corporation, uFlex

FM Associates

FM Associates handles a wide aspect of business and corporate finance. The firm consists of lawyers possessing diverse expertise in aviation, corporate, dispute resolution, labour and employment, and telecommunications. Al Amin Rahman, Sarjean Rahman and AHM Belal Chowdhury are some of the key contacts in the firm.

Client feedback

“FM Associates has a team of experienced lawyers in the relevant fields. The team’s strength is providing pragmatic solutions rather than bookish advice.” – Banking and finance

“Efficient and prompt.” – Corporate and M&A

Al Amin Rahman

“Well known and vigilant.”

“Experienced and knowledgeable.”

Work highlights

Advised Japan Tobacco International on employment matters related to transfers of employees after a high-value acquisition deal in Bangladesh.

Advised a giant player in freight forwarding and transportation services on debt recovery issue. The firm was responsible for drafting and executing legal option, legal notice and other ancillary applications.

Key clients

Alstom Switzerland, Syngenta Bangladesh

Tanjib Alam & Associates

Tanjib Alam & Associates is a fully fledged law firm with vast experience in corporate and commercial practice in Bangladesh. The firm has also been involving in numerous telecom projects in the jurisdiction. Tanjib-ul Alam is a key figure.

Work highlights

Acted as local counsel for the target entity bKash, the first unicorn company in Bangladesh, on foreign direct investment from SoftBank Group.

Actes as legal counsel for Bangladesh Steel Re-rolling, the largest steel manufacture in Bangladesh, in a merger with its subsidiary.

Key clients

Coca Cola Bangladesh, DP World Finance Service, Facebook, FMO, Grameenphone, The City Bank