Bangladesh

Overview

DFDL Bangladesh is a full-service law firm in Dhaka combining both international offshore expertise with dedicated local know-how, expertise, and experience in a variety of practice areas including dispute and litigation, energy and infrastructure, banking and finance (including project, international trade and structured finance), corporate and corporate finance, mergers and acquisitions, employment and general commercial matters.

Our dedicated Bangladeshi lawyers with local expertise, working in tandem with a partner-led team with both international and local experience, form a winning combination dedicated to cementing, maintaining and solidifying our position as a ground-breaking visionary.

We advise international corporations with diverse interests on a wide range of major projects in Bangladesh and other emerging South Asian markets. We are currently advising a number of major international banks and investors on a variety of offshore and onshore financings, mergers and acquisitions, numerous sponsors of major greenfield IPPs and various entities on a range of corporate and other finance transactions.

Area of Expertise

  • Banking and Finance
  • Corporate and Commercial
  • Dispute Resolution
  • Employment and Labor
  • Energy and Infrastructure
  • Mergers and Acquisitions
  • Real Estate and Construction
  • Regulatory Assistance
  • Restructuring and Insolvency

Key Experience

  • Japan Tobacco International (JTI) on its proposed USD 1.5 billion acquisition of Akij Group United Dhaka Tobacco, the second-largest tobacco company in Bangladesh.
  • Alibaba Group on its acquisition of Emerging Markets Asia eCommerce Holding GmbH and Daraz along with conducting a high level due diligence.
  •  Summit Power proposed SGX IPO: Acted as the issuer’s local counsel for the proposed listing with the Singaporean Stock Exchange, of the parent holding entity of the largest power development company in Bangladesh.
  • Ecom Express, an Indian logistics giant, on the partial acquisition and investment in a Bangladeshi startup logistics service providing company, namely Paperfly Private Limited.
  • IFC and JICA as the lenders’ local legal counsel for financing the development of a 60 MW solar power plant at Nilphamari, Bangladesh.
  • Asian Development Bank in relation to its provision of loan facility to multiple Bangladeshi banks.
  •  Sinosure in relation to financing by a number of Chinese banks in the first elevated expressway project in Bangladesh.
  • China Resources Power in relation to development of a 17 MW solar project in Raozan, Chittagong.
  • GuarantCo and Standard Chartered Bank provided financing for a 28 MW solar power project (Technaf solar) in Bangladesh along with assisting in financial closing in 2019, the first transaction of GuarantCo in Bangladesh.
  • ASMA Capital and Daelim Energy in relation to its investments in a 115 MW power project.
  • Go-Jek in respect of its investment in the largest ride sharing business in Bangladesh.

Key Members

Shahwar Jamal Nizam

Shahwar is a Partner and Managing Director of DFDL in Dhaka, Bangladesh. His practice focuses on advising on the development, financing and acquisition of power, energy and infrastructure projects. He advises developers, investors, EPC contractors as well as lenders, both local and international. He is very active in foreign direct investments related work, cross-border M&A and joint ventures.

Highly-regarded by his international clients, Shahwar has worked across a wide range of industries and sectors, with a particular focus on, power and energy, financial institutions, telecommunications, manufacturing and more recently in IT enabled services industry, mobile financial services as well as fin-tech. Shahwar regularly provides commentary on investment trends in Bangladesh.

Shahwar is qualified to practice in the bar of England & Wales after completing Pupillage at Erskine Chambers, London. He is also qualified in Bangladesh and is a member of the Dhaka Bar Association. Shahwar graduated from Sheffield University (UK) and holds an LL.M. (University of London, London, UK).

Shahwar Jamal Nizam

Partner & Bangladesh Managing Director

Tarannum Tasnim

Tarannum is qualified to practice as an advocate in Bangladesh and is enrolled with the Bangladesh Bar Council and has worked for more than ten years. She has significant experience in banking and financing transactions and power and infrastructure projects. She also regularly advises clients on IPO transactions, capital market and securities laws issues, corporate secretarial matters and labour and employment issues. Tarannum graduated from the University of Dhaka, Bangladesh and also completed her LL.M. there.

Tarannum Tasnim

Associate Partner, Bangladesh

Mahboob Aziz

Mahboob specializes in banking and international finance, corporate finance, mergers and acquisitions and general corporate work, property related issues and litigation work and has worked in Bangladesh for over three years. He was called to the bar of England & Wales in 2008 after completing the bar vocational course at University of Northumbria, Newcastle. He is qualified in Bangladesh and is a member of the Dhaka Bar Association and Dhaka Taxes Bar Association. Mahboob graduated from University of London (UK) and holds an LL.M. (University of Huddersfield, UK). He speaks Bengali and English.

Mahboob Aziz

Associate Partner, Bangladesh

Abu Naser

Naser has completed his LL.B (Hon’s) under the University of London, UK and LL.M in International Commercial Law from the Northumbria University, UK. Naser is enrolled as an Advocate in the Supreme Court of Bangladesh and is involved in corporate work spanning areas of mergers and acquisitions, banking and finance among others. Naser has worked in Bangladesh for over five years and also has experience in working with power projects, large scale infrastructure project, employment issues, land matters and others.

Abu Naser

Senior Associate

Bulbul Ahmed

Bulbul is qualified to practice as an advocate Bangladesh and is enrolled with the Bangladesh Bar Council. Bulbul has significant expertise and experience in banking and finance transactions, corporate and commercial matters and real property matters in Bangladesh. He regularly advises international banks including Citibank, Standard Chartered Bank and HSBC on a variety of financing transactions, including structuring loan and security documentation, creation and perfection of securities, including real property mortgages and attendant advice. Bulbul regularly advises foreign and local corporates on a variety of regulatory and compliance matters, including structuring of investments, company incorporations, corporate transactional matters, employment matters and general commercial matters. He also has considerable contentious experience and undertakes commercial litigation in the trial courts. Bulbul graduated from Rajshahi University, Bangladesh and also completed his LL.M. there. He speaks English and Bengali.

Bulbul Ahmed

Senior Associate

Saiful Islam Bhuiyan

Saif completed his LL.B (Hons.) from University of London in 2013. He is qualified as an Advocate and is enrolled with the Bangladesh Bar Council. Saif joined DFDL in 2016 and has acquired considerable experience in dealing with general corporate matters, international IPOs and project implementation and financing involving power and other infrastructure projects. Saif has expertise in reviewing and preparing project documents and bank credit documents, including creating security loan security packages. Saiful from time to time also deals with land matters and has worked on infrastructure and power related projects involving substantial land acquisition.

Saiful Islam Bhuiyan

Senior Associate