As further affirmation of the success KALO & ASSOCIATES has enjoyed this past year and its leading position in the market IFLR1000 has praised the firm for “providing clients with a sophistication that is rare in Albania”. IFLR1000 conducts through independent enquiries and research into the quality of law firms in various countries and in this Albania, contacting all the market players and clients.
IFLR1000 quotes clients as having been thoroughly satisfied with the advise and legal service they received, one adding that “they are very responsive … act very quickly” to suit the client demanding time pressures. Another client observes the well organized outfit that the Managing Partner, Perparim KALO, has put in place and manages.
Reference is made to the significant sized deals the firm has advised on over the past year, including the major €633 million Delta Maxi deal which saw Belgian food retailer Delhaize Group buy all the shares in Serbia’s largest retail company the Delta Maxi Group. Following the closing of which the firm was Delhaize then mandated the firm on the acquisition of the Delta Maxi Group for which the firm successfully managed to advise using a Chinese wall system.
The firm’s strength in banking and finance was also note as was its project finance work; notable deals acting as legal counsel to the European Bank of Reconstruction and Development (EBRD) and the International Finance Corporation (IFC) in relation to loan agreements and related agreements (value of over €100 million) with CEZ, a large energy multi-utilities group.
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