Cornelius, Lane & Mufti (CLM)

Partners

Shehzad Ata Elahi


Admitted to practice in 2001.

Barrister-at-Law (Lincoln’s Inn)
LLB (Hons.) (London)
Advocate Supreme Court of Pakistan

Professional Affiliations

Pakistan Bar Council
Supreme Court Bar Association
Punjab Bar Council
Lahore High Court Bar Association
The Honourable Society of Lincoln’s Inn

Expertise

Main area of work is corporate, commercial, Tax and banking laws, civil, commercial, corporate and constitutional litigation, mergers and acquisitions, negotiation and drafting of contracts, advising on regulatory and legal issues, conveyancing and real property matters, infrastructure projects, advising and structuring financing transactions including in the power and oil and gas sector, company matters, cross-border transactions including those involving Islamic finance and project finance. Work involved is contentious and non-contentious.

Mr. Shehzad A. Elahi has been regularly recommended for Pakistan by various international publications, including Asia Pacific Legal 500, Chambers Asia and Chambers Global. Currently he is recommended for Banking & Finance [Asia Pacific Legal 500 (2017/18), Chambers Asia (2017/18) and Chambers Global (2017/18)], Corporate / M&A [Asia Pacific Legal 500 (2017/18), Chambers Asia (2017/18) and Chambers Global (2017/18)] and Corporate & Commercial [Asia Pacific Legal 500 (2017/18), Chambers Asia (2017/18) and Chambers Global (2017/18)].

Notable Engagements

  • Acting as legal counsel in reverse merger of an unlisted company into a listed company
  • Advising on corporate restructuring of company operating educational institutions across Pakistan, including extensive due diligence of the company and its assets and liabilities
  • Acted as legal counsel in merger of two corporate farming companies
  • Acted as legal counsel in merger of an unlisted sugar mill into a listed sugar mill
  • Acted as legal counsel in reverse merger of an unlisted chemicals company into a listed chemicals company
  • Acting as legal counsel for the Borrower in respect of financing of two solar power generation projects
  • Acting as legal counsel for two power producers in respect of establishment and operation of 12 and 18 MW solar generation power projects in Punjab
  • Acting as legal counsel for power producer in respect of establishment and operation of 660x2 MW imported coal power project at Port Qasim, Karachi
  • Advised Chinese manufacturing company on proposed acquisition of raw site hydropower project, including due diligence of relevant regulatory matters and the proposed project.
  • Advised a listed chemicals company in acquisition of another listed chemicals company.
  • Advised foreign acquirer on a proposed acquisition of a listed cement company, including extensive due diligence of the cement company and its assets and liabilities
  • Advised a Middle Eastern private equity fund in acquisition of a strategic minority interest in a listed Pakistani glass manufacturing company
  • Advised a Middle Eastern private equity fund in the proposed acquisition of a strategic minority interest in a listed Pakistani cement manufacturing company, including extensive due diligence of the cement company and its assets and liabilities
  • Advised acquirer on acquisition of a listed cement manufacturing company, including extensive due diligence of the cement company and its assets and liabilities
  • Advised acquirers on acquisition of a listed non-banking finance company engaged in investment finance and leasing services
  • Advised proposed acquirer of a listed steel mill
  • Acting as legal counsel to financial advisors for privatization of Pakistan Steel Mills
  • Advising on proposed joint venture in the food sector of Pakistani and foreign companies
  • Advised on various joint venture transactions in the power and industrial sectors between Pakistani and foreign companies, including negotiation and drafting of joint venture and shareholders agreements
  • Advised a Middle Eastern bank on private equity investment in a Pakistani-American joint venture company in the dairy sector
  • Acting as legal counsel in Initial Public Offering (IPO) of a manufacturing company
  • Acting as legal counsel for EPC Contractor in respect of negotiation and drafting of EPC Contracts, including in power and gas sectors.
  • Acting as legal counsel for construction companies in multiple contractual disputes, including EPC and O&M Contracts
  • Advised Chinese private equity fund with respect to proposed investment in proposed 500 MW Hydropower Project in Azad Jammu & Kashmir at project feasibility stage;
  • Advised Chinese client with respect to proposed acquisition of shareholding of companies having concession rights in Pakistan’s road sector;
  • Advised Chinese EPC Contractor with respect to matters relating to construction of power plant at Guddu, Sukhur;
  • Advised and represented Chinese client with dispute relating to qualification for construction of World Bank funded power project in Pakistan;
  • Acting as legal counsel for power producer (which included Chinese majority shareholder) in respect of establishment and operation of 660x2 MW imported coal power project in Pakistan.
  • Acting as legal counsel for acquisition of two sugar mills
  • Advising on proposed acquisition of JV companies undertaking BOT road concessions
  • Acted as legal counsel for acquisition of multiple sugar mills, including negotiation and drafting of share and asset purchase and other transaction agreements
  • Advised sellers in sale of assets (land, building and equipment) of a sugar mill. Work involved drafting of assets sale agreement
  • Acted as legal counsel in IPOs of various companies
  • Advised Joint Lead Structuring Agents on first domestic multi-billion rupee Sukuk program by the Government of Pakistan
  • Advised Joint Lead Managers on multi-billion rupee Sukuk issue by Pakistani statutory authority.
  • Advised a Pakistani telecom company on contracts for supply and installation of GSM and LDI networks in Pakistan

Email: [email protected]