Adil Nurmaganbetov

Associate, Astana

Biography

Overview

Adil is an Associate in Astana office who specializes in corporate law and M&A. His main area of practice includes corporate law, M&A, and project finance. He has a wide experience in advising the clients in oil and gas, mining, subsoil use and infrastructure sectors.

Prior to joining White & Case Adil has worked as a legal attorney for major oil producing company and a leading oilfield services company in Kazakhstan.

Bars and Courts
Kazakhstan
Education
LLM
Karaganda Buketov State University
Erasmus Mundus Exchange Programme (European and International Law)
University of Ferrara
LLB
Karaganda Buketov State University
Languages
English
Russian
Kazakh
Italian
French
Turkish

Experience

Representation of Nostrum Oil & Gas PLC (Nostrum), a UK-listed oil and gas company engaging in the production, development and exploration of oil and gas in the pre-Caspian Basin in Kazakhstan, in connection with its financial restructuring of in excess of US$1.125 billion in principal of senior unsecured notes issued by Nostrum and Nostrum Oil & Gas Finance B.V.

Representation of National Company KazMunayGas JSC, a leading national oil and gas company, and Samruk-Kazyna, Kazakhstan's national welfare fund as the selling shareholder on the IPO of c. 18.3 million ordinary shares of KMG owned by Samruk-Kazyna on the Kazakhstan Exchanges (AIX and the Kazakhstan Stock Exchange). This is the first IPO on the AIX to be based on the prospectus prepared exclusively in accordance with the AIX regulations (all prior equity offerings on AIX followed a "dual listing" model where the AIX accepted prospectuses prepared in accordance with the regulations of exchanges the AIX recognizes as equivalent).

Representation of Nostrum in relation to its proposed acquisition of 80% stake in POSITIV Invest, a Kazakhstan oil & gas company holding subsoil use licenses with respect to the Stepnoy Leopard fields in West Kazakhstan.

Representation of a client in relation to a transfer of interest in a partnership organized under the laws of Astana International Financial Centre.

Representation of a client in relation to the potential establishment of upstream and midstream joint ventures in partnership with a national oil & gas company.

Representation of Grupo Bimbo, a Mexican multinational bakery product manufacturing company, in relation to corporate management affairs of its joint venture with a local partner in Kazakhstan.

Representation of a client in relation to a transfer of interest in a partnership organized under the laws of Astana International Financial Centre.

Representation of a client (subsoil user) in relation to matters of simultaneous operations on the same licence area with another subsoil user.*

Representation of a client in relation to various legal issues related to a construction contract involving a state-owned company.*

Representation of a client in relation to an assignment & novation under a major construction contract.*

Representation of a client in relation to an external financing (Eurobonds & loans) for US$5 billion.*

Representation of a client in relation to a dispute over an indemnity claim with a contractor for over US$400,000.*

Representation of a client as a co-counsel in successful arbitration case for a claim of over US$1 million.*

Representation of client in relation to a dispute over a claim of over $400,000 that had been open for two years.*

Representation of a client in a successful case with a state authority to prevent suspension of a major operational facility.*

* Experience prior to joining White & Case