Liza Zhumakhmetova
Senior Partner
lbz@signumlaw.com
Experience

Liza has over 20 years of experience in corporate law, mergers and acquisitions, banking and finance, and commercial law. She advises international and Kazakhstan clients on complex cross-border transactions, corporate restructurings, financing arrangements and market-entry projects, with a particular focus on oil and gas, mining, renewable energy and technology sectors.

Before joining SIGNUM, Liza worked as a senior attorney in the legal department of a Big-4 firm.

Liza is qualified to practise law in Kazakhstan and is a member of KazBar. She is also admitted to the New York State Bar.  She is a frequent speaker at international legal conferences and forums.

She is a native speaker of Kazakh and Russian and is fluent in English.

Selected Experience

  • Cross-Border Oilfield Services Acquisition. Advised a major international surface data logging services company on the USD 50 million acquisition of the Kazakhstan business and assets of Weatherford International plc. The work included legal and tax advice, transaction structuring, due diligence, preparation and review of transaction documents, regulatory matters and closing support.

  • London Stock Exchange Reverse Takeover. Advised a Norwegian company on the USD 21 million indirect acquisition of a Kazakhstan-based subsoil user through a reverse takeover on the London Stock Exchange. The work included comprehensive legal and tax due diligence, Kazakhstan-law transaction documentation and general M&A advice.

  • Convertible Debenture Financing. Advised on a USD 21 million convertible debenture issuance on the Toronto Stock Exchange to finance a reverse takeover transaction.

  • Mining Transactions. Advised international investors on acquisitions of participating interests and mining assets in Kazakhstan, including the acquisition of seven subsoil use assets, preparation and review of transaction documents, legal and tax due diligence, regulatory advice and closing support.

  • Oil and Gas Investments. Advised international exploration and production companies and natural resources investors on the identification, assessment and acquisition of oil and gas assets in Kazakhstan, including comprehensive legal and tax due diligence in connection with the proposed acquisition of an international E&P company.

  • Renewable Energy Projects. Advised on Kazakhstan’s first major renewable energy initiative aimed at developing the regulatory framework, improving the auction process and enabling competitively tendered renewable energy projects. She also advised investors and project companies on solar power assets and renewable energy transactions in Kazakhstan.

  • Green Energy Financing and Project Contracts. Advised a leading Greek industrial company on Kazakhstan-law matters arising from EPC, operation and maintenance, and procurement contracts in connection with a bond issuance on the Athens Stock Exchange financed by the EBRD to support the company’s transition to a green economy.

  • Major International Financing Transactions. Advised a syndicate of leading international banks on Kazakhstan-law matters relating to a USD 3 billion credit facility provided to the world’s largest independent oil trader. The work included legal due diligence, review of financing documents and issuance of a Kazakhstan-law legal opinion.

  • Oil and Commodities Financing. Advised on a USD 180 million credit facility provided to an oil and gas company and a USD 120 million committed secured syndicated borrowing-base facility provided by a leading European bank to an international commodities group.

  • Regional Project and Working-Capital Financing. Advised a major international bank on a USD 300 million revolving financing facility supporting working-capital requirements and regional business expansion across Kazakhstan and several European and Central Asian jurisdictions.

  • Public-Private Partnership Projects. Advised the world’s largest medical device company on a public-private partnership project for the construction and establishment of angiography laboratories in the Kyzylorda Region, and advised a global provider of secure identification solutions on a PPP project with the Government of Kazakhstan.

  • Market Entry and Commercial Operations. Provided comprehensive legal support to one of Europe’s fastest-growing food delivery platforms on entering the Kazakhstan market and developing its local operations. The advice covered regulatory requirements, business models and commercial arrangements with restaurants and courier partners.

  • Financial and Corporate Restructuring. Advised an Australian-listed satellite communications technology company and its Kazakhstan subsidiary on restructuring options arising from Chapter 11 proceedings in the United States. She also advised international companies on the liquidation, deregistration and orderly closure of their Kazakhstan subsidiaries and branches.

  • Technology, Telecommunications and Digital Services M&A. Advised on acquisitions of Kazakhstan subsidiaries operating in telecommunications, data storage and processing, IT services and digital taxi-booking services, including red-flag due diligence, review of transaction documents and closing assistance.

  • Corporate Governance, Regulatory Advice and Investigations. Advised international companies on corporate and management restructurings, buyouts of local partners, licensing and permitting requirements, competition and domestic supply regulations, intellectual property matters and internal corporate investigations, including an investigation into alleged misappropriation within a multinational consumer goods company

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Public speaking

Liza actively participates in professional events focusing on corporate law, M&A, investment and renewable energy. She contributes to industry discussions as a speaker and moderator and delivers guest lectures for law students, sharing her practical experience in transaction management and legal career development.

Her recent speaking engagements and academic activities include:

  • Kazakhstan Legal Forum. Moderator of the session “Renewable Energy: Plans and Realities”.

  • Kazakhstan Legal Forum. Moderator and speaker at the session “Legal Regulation of Renewable Energy in Kazakhstan: Evolution, Challenges and Prospects”.

  • Guest Lectures for Law Students. Delivers lectures on the practical aspects of structuring and implementing transactions and speaks to students about the legal profession, career opportunities and the role of a legal adviser in a law firm.

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Education
Kazakh State Law University
Faculty of Law
Indiana University School of Law, Bloomington, Indiana, the USA
Master of Comparative Law
Accolades
“International legal directories recognise Liza for her in-depth knowledge of Kazakhstan’s key industries, practical and commercially focused approach, and ability to deliver complex corporate and financing transactions. Clients particularly value her responsiveness, clear advice, commitment to deadlines and effective coordination of multidisciplinary teams.”
““Liza Zhumakhmetova is incredibly knowledgeable in the key sectors in Kazakhstan and has a good understanding of legislative developments and stakeholder consultations.””
— The Legal 500
““Liza Zhumakhmetova exhibited a very practical and knowledgeable approach to legal matters, both in relation to Kazakhstan laws and regulations and international market considerations. She takes a highly professional approach to all matters.””
— The Legal 500
““Liza Zhumakhmetova certainly knows how to get a deal done in Kazakhstan.””
— The Legal 500
““Liza Zhumakhmetova always responds quickly to my legal needs, delivering clear and concise advice. She truly values her client’s time and always goes the extra mile to help us make informed decisions.””
— The Legal 500
““A very good communicator. Highly responsive and inspires trust. Liza responded to all requests promptly and professionally and coordinated with the other lawyers in her team to consistently meet our deadlines.””
— The Legal 500
““She and her team were extremely competent and promptly coordinated the due diligence required by the company.””
— The Legal 500
““SIGNUM’s team focuses on project and debt financing transactions. Liza Zhumakhmetova is noted.””
— The Legal 500 Europe, Middle East & Africa
““SIGNUM handles corporate and M&A matters and is particularly active in the oil and gas sector. Liza Zhumakhmetova and Abylkhair Nakipov are the key names.””
— The Legal 500 Europe, Middle East & Africa
““The SIGNUM team are responsive and helpful. SIGNUM is my go-to law firm in Kazakhstan: commercial and efficient while being legally correct. Sofiya Zhylkaidarova, Liza Zhumakhmetova and Gaukhar Kudaibergenova are all especially strong.””
— Asialaw Profiles
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