LMA Ebrahim Hosain and its team of lawyers possess the expertise to provide complete set of legal advisory services in respect of transactions relating to mergers and acquisitions as well as de-mergers and disinvestment structuring transactions including conducting preliminary legal due diligence of the target company, preparing scheme of arrangements and where necessary, obtaining pre-merger approvals from the Competition Commission of Pakistan and approvals of the scheme of arrangements from the Company Court.
We have also represented entities before the Competition Commission of Pakistan, its Appellate Tribunal and the Superior Courts of Pakistan in matters pertaining to business and industry practices.
Our lawyers and acted for two separate groups of leading confectionary manufacturing and marketing companies for the merger and transfer of assets and liabilities of one company into the other. We have also advised on the acquisition of shares by a U.A.E. based banking group of another U.A.E. based bank and its ultimate shareholding in a scheduled bank of Pakistan including the permissions/ approvals to be obtained from regulatory authorities such as the State Bank of Pakistan, the Securities and Exchange Commission of Pakistan and the Competition Commission of Pakistan upon instructions of a foreign law firm. Our team has also recently conducted a due diligence for a consortium of foreign investors keen in acquiring a large microfinance institution, including conducting due diligence of the data available and subsequently drafting a shareholders agreement, as well as review of bidding documents and share purchase agreement.
Our team of lawyers at LMA Ebrahim Hosain has also been engaged by Pakistan’s leading transformer manufacturers in the Superior Courts in petitions which question the legality of a number of provisions of the Competition Act 2010. We have also acted on behalf of multiple banks before the Competition Commission in respect of challenge to alleged collusive activity amongst banks for charging uniform amounts for ATM cash withdrawals.