Firms To Watch: Foreign firms

Spearheaded by commercial arbitration expert Sherina Petit, Stewarts Law LLP is a disputes-focused practice that is particularly active in the pharma sector.

Foreign firms in India

A&O Shearman

A strong choice for global banking clients as well as those operating within the sectors of healthcare, tech and IT, A&O Shearman excels in a plethora of mandates such as capital markets, private equity, and banking and finance, with notable cross-border capabilities. The practice is jointly led by five key players: this includes international arbitration expert Sheila Ahuja, Pallavi Gopinath Aney, who is primarily focuses on debt and equity capital markets transactions, and Gautam Narasimhan, who is regarded for his capabilities in managing high-profile financings and structured transactions. Alongside them, Harsh Pais demonstrates excellence in cross-border acquisitions and joint ventures, while Rishi Hindocha bolsters the practice with his strengths in restructuring, insolvency and enforcement.

Responsables de la pratique:

Sheila Ahuja; Pallavi Gopinath Aney; Gautam Narasimhan; Harsh Pais; Rishi Hindocha


Principaux dossiers


  • Advised the mandated lead arrangers and original lenders in relation to the $3.5bn refinancing of the $4.5bn senior and mezzanine acquisition facilities for the leveraged buyout of Ambuja Cements Limited (Ambuja) and ACC Limited (ACC), entities listed on The National Stock Exchange of India, by the Adani Group (Adani), for a purchase price of up to approximately $10.5bn.
  • Advised Go Digit General Insurance Limited (Go Digit) in connection with its initial public offering (IPO) of equity shares and listing on the Bombay Stock Exchange and the National Stock Exchange of India. The IPO raised approximately USD314 million, including approximately USD141m from anchor investors. Go Digit is one of India’s leading diversified insurance companies. It offers non-life insurance products, such as motor insurance, health insurance, travel insurance, property insurance, marine insurance, and liability insurance, among others.
  • Representing JERA in a joint venture with Renew, to establish India’s first ‘Green Ammonia’ production facility in Paradip, Orissa state.

Herbert Smith Freehills LLP

Noted for its ‘depth and diversity’, Herbert Smith Freehills LLP is well-versed in a plethora of legal and regulatory issues arising from the automotive, banking and consumer sectors in particular, and is increasingly involved in matters of foreign investment. ‘Reputed’ Chris Parsons is well regarded for his corporate cross-border expertise, while ‘excellent’ Alan Montgomery is particularly adept at a diverse range of M&A, restructurings and joint ventures. Roddy Martin‘s wide-ranging expertise encompasses public takeovers, schemes of arrangement and private auctions, with Andrew Cannon being sought out for his strengths on the disputes side. Dhananjaya Chak leads the finance group, and Siddhartha Shukla excels at handling complex and multi-faceted M&A.

Responsables de la pratique:

Chris Parsons; Alan Montgomery; Roddy Martin; Andrew Cannon; Dhananjaya (DJ) Chak; Siddhartha Shukla


Les références

‘The team is extremely committed to India and work on some of the most significant deals in the market. In addition to being knowledgeable lawyers, they are also personable and exactly the sort of people we are keen to work with and put in front of our clients.’

‘I particularly admire their team for some of their ‘wider commitment to India’ activities, such as their moot competitions and India internships program, which supports promising young Indian lawyers to train and have a career at an international firm.’

‘They have built a substantial team advising Indian corporates on high-profile international transactions. Overall, we find them very commercial and deal friendly.’

Principaux clients

Advanta Seeds


ArcelorMittal


Aurobindo Pharma


Bharti Group


Captain Fresh


Copenhagen Infrastructure Partners (CIP)


EDEN Renewables India


GIC Private Limited


Goldman SachsIFC


JSW Group


Lupin Limited


Mahindra Group


New Development Bank (NDB)


Strides Pharma Science


TATA GroupThomas


Lloyd Energy Impact Trust


Yinson Holdings


Principaux dossiers


  • Advised JSW Group, an Indian multinational conglomerate who have acquired a significant 35% investment in MG Motors India. The agreement between JSW and SAIC was signed “with the objective of accelerating the growth and transformation of MG Motor in India”.
  • Advised India headquartered UPL on its joint venture with Masarrah Investment Company to set up a manufacturing complex in the Kingdom of Saudi Arabia. Led and advised on the complex liaison efforts with the Saudi governmental authorities with a view to obtaining clearances for the establishment of a legal presence in Saudi.
  • Advised GIC, one of Singapore’s two sovereign wealth funds, as majority shareholder in a proposed funding round in Greenko, a pre-eminent Indian renewables platform. This funding round takes the committed equity funding from shareholders in Greenko to $700m.

Linklaters LLP

Regarded for its ‘deepest bench of experts’, Linklaters is highly experienced across a litany of contentious and non-contentious issues, with its core streams of work encompassing capital markets, corporate, banking and disputes. The practice is jointly spearheaded by Amit Singh, who excels in advising issuers and underwriters on the full gamut of capital markets issues, transactional expert Philip Badge, who is especially knowledgeable on the leveraged financing and syndicated bank financing, and Andrew Battisson, whose arsenal of skills covers disputes arising from energy, natural resources and telecoms sectors, among others. Other names to note in the practice include Rahul Chatterji and Fiona Gray.

Responsables de la pratique:

Amit Singh; Phil Badge; Phil Battison


Autres avocats clés:

Rahul Chatterji; Fiona Gray


Les références

‘One of the top magic circle firms. They have an active practice in India.’

‘Very highly recommended.’

‘They are good in banking and finance, corporate M&A, disputes.’

Principaux clients

BP Exploration (Alpha) Limited (“BP”)


Devas Multimedia America, Inc.


Reliance Jio Infocomm Limited


HSBC


Barclays,


BNP Paribas,


DBS Bank


Standard Chartered Bank.


Deutsche Bank,


Citigroup Global Markets Inc


Adani Green Energy Limited


Mahindra & Mahindra Limited


Hero Future Energies


J.P. Morgan Securities


Standard Chartered Bank


Principaux dossiers


  • Represented BP Exploration (Alpha) Limited (“BP”) in a multi-billion dollar UNCITRAL arbitration seated in New Delhi against the Government of India (“GOI”). The matter has involved several Indian court proceedings including the GOI’s challenges of the Tribunal’s mandate and interim applications before the Delhi High Court and Supreme Court of India.
  • Advised Standard Chartered Bank in connection with a financing transaction for two wholly owned subsidiaries of Vedanta Resources Limited, among other things, to fund a liability management programme for its next three maturing public USD bonds and to refinance other indebtedness of the Vedanta Resources group.
  • Advised the lead managers (a consortium of banks) on the $409m senior secured notes offering by certain subsidiaries of Adani Green Energy Ltd. (AGEL RG1). The 18-year 144A/RegS #GreenBond due 2042 is issued under the AGEL RG1’s green finance framework, aligning with the four core pillars of the Green Bond Principles published by the International Capital Market Association.

White & Case LLP

Praised for its ‘deep expertise’ and ‘strong geographical presence’, White & Case Pte. Ltd. routinely operates for global conglomerates in relation to M&A, investments and QIPs on both a domestic and international level. Seasoned practitioner Dipen Sabharwal KC spearheads the group with his extensive experience in the disputes field, while Savi Hebbur is recommended for his international M&A expertise and corporate capabilities more broadly. Alongside them, Nandan Nelivigi is well-versed in energy and infrastructure-based mandates, handling financing and joint ventures within this remit, and Aditya Singh utilises his ‘exceptional talent’ to advise on international arbitration and white-collar investigations for a litany of clients. Other recommended lawyers in the ‘highly knowledgeable’ practice includes Rahul Guptan and Alexander McMyn.

Responsables de la pratique:

Dipen Sabharwal KC


Autres avocats clés:

Savi Hebbur; Nandan Nelivigi; Aditya Singh; Rahul Guptan; Alexander McMyn


Les références

‘The firm’s cross border expertise came through very clearly during the transaction.’

‘Nandan Nelivigi was a tremendous resource to have on our side. His deep experience in the field was apparent to all parties of the transaction and his inputs received instant attention. His ability to instantly connect the seemingly disparate provisions of the transaction was invaluable.’

‘The firm stands out for its deep expertise across varied practice areas and impressive geographical presence. One of the most notable strengths of White & Case is their deep expertise in the broad areas of law they practice. The firm boasts of a team of highly knowledgeable and experienced professionals across practice areas.’

Principaux dossiers


Baker McKenzie Wong & Leow

Providing a 'global perspective' for their clients, Baker McKenzie Wong & Leow's multi-faceted offering enables the firm to operate for some notable client names including large-scale Indian corporations and multinationals, particularly with regard to tech mandates. The team is helmed by the very experienced Ashok Lalwani, who is capable on both inbound and outbound issues in India. Other key names to note include Kunal Katre, who excels at handling finance transactions such as syndicated loans and margin lending, and Kah Chin Chu, who is notably capable at assisting clients with external commercial borrowings involving Indian public sector units alongside other high-value transactions. Emmanuel Hadjidakis is immersed within the banking and finance industry, assisting clients with a litany of acquisition finance, property financing and Islamic finance issues.

Responsables de la pratique:

Ashok Lalwani


Autres avocats clés:

Kunal Katre; Kah Chin Chu; Emmanuel Hadjidakis


Les références

‘They are distinguished by their expertise, global perspective, and understanding of the Indian legal and business environment.’

‘Their standout qualities include exceptional strategic thinking, innovative problem-solving skills, and a commitment to delivering client-centric solutions.’

Principaux clients

Affinity Holdings Private Limited


CTBC Bank Co., Ltd.


DBS Bank, Ltd.


Insud Pharma


JAIN Irrigation Systems Limited (Jain Irrigation)


Johnson & Johnson


MUFG Bank, Ltd.


PDS Limited


Taipei Fubon Commercial Bank Co., Ltd.


Tech Mahindra Limited


The Association of Banks in Singapore


Varun Beverages Limited


Principaux dossiers


  • Advised Affinity Holdings Private Limited on the separation and the sale of its GCC healthcare business to Alpha GCC Holdings, which is a joint venture company between a consortium led by Fajr Capital, a sovereign-owned private equity firm headquartered in the UAE, and the Moopen family. The total deal value is $1.01bn.
  • Advised Jain Irrigation Systems Limited (Jain Irrigation), an Indian multinational company with manufacturing plants in 30 locations across the globe, on the merger of its international irrigation business with Temasek-owned Rivulis Pte. Ltd, a direct competitor.
  • Advised on the spinning-off of Johnson & Johnson’s consumer healthcare businesses into a new listed entity named Kenvue, Inc.

Clifford Chance

Clifford Chance pairs its domestic and international capabilities with its legal and commercial acumen to assist clients with a host of transactional mandates and multi-jurisdictional arbitration. The team is steered by Nish Shetty and Kabir Singh; the former enjoys a strong reputation in the disputes arena, having handled arbitration and litigation across the US, Europe and Asia, and the latter is also highly experienced on the contentious side, working across India, Indonesia and South East Asia. Vasu Muthyala contributes his capabilities in cross-border investigations and government prosecutions, while Elan Krishna is routinely entrusted by financial institutions and global corporations with a range of disputes with elements of fraud, corruption or illegality.

Responsables de la pratique:

Nish Shetty; Kabir Singh


Autres avocats clés:

Elan Krishna; Vasu Muthyala


Principaux dossiers


  • Defending against the approximately $750m in Indian-law governed claims for loss of economic value, loss of revenue, loss of reputation and increased finance costs.
  • Handling a SIAC arbitration to recover unpaid interest/coupon payments owed by the Respondent group of companies and their promoters.
  • Advising a leading US energy company as a respondent in international arbitration proceedings arising out of supply subcontracts and a services subcontract for the supply of goods and equipment on lease and the supply of services respectively in relation to an oilfield services project in Rajasthan, India.

King & Spalding LLP

A team noted for its 'collaborative approach, deep legal expertise, and commitment to client success', King & Spalding LLP maintains a diverse India offering, representing clients on a multitude of corporate, finance and disputes related matters and the team is notably active across the sectors of energy, tech and aviation. Amit Kataria, who thrives operating within the sectors of tech, manufacturing and energy, and Rahul Patel, who is well-positioned to advise on M&A, joint ventures and strategic corporate transactions, jointly lead the practice. Thomas Sprange KC is actively engaged on disputes concerning local, private and public international law, while Parveet Singh Gandoak excels in managing a diverse variety of cross-border corporate transactions. Sajid Ahmed principally focuses on international arbitration and trade matters.

Responsables de la pratique:

Amit Kataria; Rahul Patel


Autres avocats clés:

Thomas Sprange KC; Parveet Singh Gandoak; Sajid Ahmed; Sunandini Das


Les références

‘This practice focuses on ensuring clients investing in India are not required to coordinate with multiple lawyers for getting their projects across the line. The team ensures a single point of contact approach while at the same time relying on India counsel for their accurate and ‘current market’ advice.’

‘They make sure the client gets the best outcomes while at the same time remaining mindful that in corporate transactions a non -adversarial approach can get deals done in record time.’

‘1. Hands on approach 2. Value for money 3. Hungry team that’s always willing to help.’

Principaux clients

ArcelorMittal


Dallah Albaraka Investment Holding Company


VerSe Innovation Private Limited


AG&P LNG


Halal Products Development Company


Stellex Capital Management UK LLP


BrightNight APAC B.V.


Reliance Industries Limited


Vedanta Limited


Cairn Energy Hydrocarbons Limited


Go Airlines (India) Limited


SpiceJet Limited


Ernst & Young LLP (UK)


Abdul Latif Jameel


American Industrial Partners


Apollo Global Management


Blackrock


Composite Capital


InterGlobe Enterprises Private Limited and Rahul Bhatia


Monster Beverages


Morgan Stanley


One Investment Group


Shapoorji Pallonji


SoftBank Vision Fund


Zeta Tech


Principaux dossiers


  • Representing Vedanta and Cairn, the largest private oil and gas exploration and production companies in India, in two separate multibillion-dollar arbitrations – both of which resulted in victories for our clients in 2023.
  • Advised VerSe Innovation Private Limited and its affiliates, the parent firm of Indian news aggregator app Dailyhunt, India’s biggest local language technology platform, in its cross-border acquisition of Magzter, Inc., a popular New York-based digital newsstand platform.
  • Advised ArcelorMittal on the sale of 100% of the shares in JSC ArcelorMittal Temirtau and JSC NGT Holding to JSC Qazaqstan Investment Corporation, an entity controlled by the government of the Republic of Kazakhstan.

Latham & Watkins LLP

Core streams of work for Latham & Watkins LLP include capital markets, M&A and private equity, shareholder activism and commercial outsourcing transactions, with considerable experience handling matters that span Asia. Practice leader Rajiv Gupta frequently handles matters pertaining to a host of capital markets and M&A transactions, while Sidharth Bhasin represents a stable of private equity funds, sovereign wealth funds and financial institutions on investments in India. Timothy Hia covers the full gamut of finance transactions including some notable leveraged financings.

Responsables de la pratique:

Rajiv Gupta


Autres avocats clés:

Sidharth Bhasin; Timothy Hia


Principaux clients

The Adani Group


Global Infrastructure Partners (GIP)


IKS Health


Intermediate Capital Group (Singapore) Pte. Limited


The Adani Group


Ascend Telecom Infrastructure


Global Infrastructure Partners


Hyundai Motor India


ICG Asia Pacific Infrastructure


Bank of America Securities India Limited


Citigroup


DAM Capital Advisors Limited


JM Financial


J.P. Morgan India Private Limited


Kotak Mahindra Capital


Morgan Stanley


Nuvama Wealth Management Limited


Oravel Stays Limited (dba OYO)


Ola EV


Principaux dossiers


  • Advised the Book Running Lead Managers (JM Financial Limited, Citigroup Global Markets India Private Limited, and BofA Securities India Limited) on the $365m IPO of Tata Technologies, a leading global engineering services company, on the Bombay Stock Exchange (BSE) and National Stock Exchange of India Limited (NSE).
  • Advised Global Infrastructure Partners (GIP) and its portfolio company, Ascend Telecom Infrastructure, on their acquisition of Tower Vision India Private Limited, a company engaged in the provision of passive telecommunication infrastructure services through towers in India from Tower Vision Mauritius Limited.

Milbank

Active across India, the UK and Asia more broadly, Milbank fields a considerable workload that spans projects, M&A and capital markets issues. The team is frequently handling matters arising from the energy, transport and telecoms industries on both a domestic and international scale. James Grandolfo, who helms the group, possesses extensive experience in the domain of debt, high-yield and equity related mandates, while Giles Kennedy is routinely entrusted by clients active in the sectors of tech, telecoms and real estate. Terrence O’Donnell is noted for his strengths in managing IPOs, share placements and high-yield bonds.

Responsables de la pratique:

James Grandolfo


Autres avocats clés:

Giles Kennedy; Terrence O’Donnell


Les références

‘Professional and thorough knowledge.’

Principaux clients

Korea Trade Insurance Corporation (K-SURE)


Export-Import Bank of Korea (K-EXIM)


SACE S.p.A.


EKN


Finnvera


JSW Infrastructure Limited


HSBC Bank plc


AGP International Holdings Ltd


Deutsche Bank


Japan Bank for International Cooperation


KfW IPEX-Bank


Credit Suisse


Columbia Pacific Management, Inc.


Delhi International Airport Limited


Korea Trade Insurance Corporation (K-SURE)


Export-Import Bank of Korea (K-EXIM)


Manipal Global Health Services


Deutsche Bank


Nomura


CVC


Goldman Sachs (IBD and MBD/AWM)


Principaux dossiers


  • Advised the founding shareholder in the sale of a controlling interest of India’s Manipal Hospitals to Singapore’s Temasek. Temasek are a current shareholder of 18.13% of MHEPL (Manipal Health Enterprises Pvt. Ltd), and with this transaction, will increase their shareholding to 58.98% of MHEPL.
  • Advised the founding shareholder in the sale of a controlling interest of India’s Manipal Hospitals to Singapore’s Temasek. Temasek are a current shareholder of 18.13% of MHEPL (Manipal Health Enterprises Pvt. Ltd), and with this transaction, will increase their shareholding to 58.98% of MHEPL.
  • Advising The Hongkong and Shanghai Banking Corporation Limited as ECA Coordinator, and as Facilities’ Agent, the Mandated Lead Arrangers and the Original Banks as lenders counsel with respect to the expected $2.5bn covered facilities to fund the expansion of a pan-India 5G telecommunication network.

Gibson Dunn

Capitalising on its global network to advise a multinational client base, Gibson Dunn enjoys an established presence across manufacturing, telecoms and real estate sectors, assisting with complex financing matters and internal investigations. Jai Pathak steers the practice, contributing his wide-ranging capabilities in cross-border takeovers, privatisations and joint ventures. Jamie Thomas helms the banking, finance and debt restructuring practice at the firm and is a strong choice for sponsors and companies for energy financing.

Responsables de la pratique:

Jai Pathak


Autres avocats clés:

Jamie Thomas


Principaux clients

RedBird Capital Partners


Adani Group


Vahanna Tech Edge Acquisition I Corp.


Quant Systems


Liberty Hall Capital Partners


Voya Financial


Quidel Corporation


ESAB Corporation


Solenis Corporation


Houghton Mifflin Harcourt


Deutsche Bank


Principaux dossiers


Hogan Lovells Lee & Lee

Active on both a domestic and international level, Hogan Lovells Lee & Lee is geared to handle public offerings, investments, corporate governance and a diverse multitude of transactions across a range of industries. Biswajit Chatterjee steers the group, principally focusing on equity capital markets alongside debt capital markets, corporate finance and private equity, while Nick Williams is particularly well-versed in compliance, bribery and corruption issues across the Asia-Pacific region. Finance expert Kaveeta Sandhu and Kaustubh George, who is active on both the corporate and capital markets sides, further strengthen the practice.

Responsables de la pratique:

Biswajit Chatterjee


Autres avocats clés:

Nick Williams; Kaveeta Sandhu; Kaustubh George


Principaux clients

Walmart Inc.


Flipkart Private Limited


Samvardhana Motherson International Limited


JM Financial Limited


Axis Capital Limited


ICICI Securities Limited


IIFL Securities Limited


Kotak Mahindra Capital Company Limited


Jefferies India Private Limited


BNP Paribas


BofA Securities India Limited


HSBC Securities and Capital Markets (India) Private Limited


DAM Capital Advisors Limited


Goldman Sachs (India) Securities Private Limited


Nomura Financial Advisory and Securities (India) Private Limited


SBI Capital Markets Limited


Ambit Private Limited


Avendus Capital Private Limited


Motilal Oswal Investment Advisors Limited


Nederlandse Financierings-Maatschappij Voor Ontwikkelingslanden N.V. (FMO)


PhonePe Private Limited, Singapore


Principaux dossiers


  • Advised the lead managers, Kotak Mahindra Capital, HSBC Securities and Capital Markets (India) and IIFL Securities, on the $480m QIP of equity shares and compulsorily convertible debentures (bonds which must be converted into stock by a specified date) by Cholamandalam Investment and Finance Company Limited (Deal Award of the Year 2023 by India Business Law Journal).
  • Advised the lead managers, Axis Capital, Bank of America, Jefferies, JM Financial, Kotak Mahindra Capital Company and SBI Capital Markets on the $480m rights offering by Grasim Industries.
  • Advised Walmart, Inc. on its $3.5bn acquisition of shares in Flipkart Private Limited, from certain existing shareholders, including shareholders from the Tiger Global group, Accel group and Binny Bansal.

Reed Smith LLP

Active across the industries of healthcare, energy and natural resources, Reed Smith LLP possesses extensive expertise in the field of arbitration and litigation as well as enjoying an established presence in the finance field. The practice, which is regarded as being able to provide 'innovative legal solutions',  is helmed by Gautam Bhattacharyya, who has handled a multitude of complex and cross-border disputes, counting banks, international corporates, and domestic companies among his key roster of clients. Other names to note is Nathan Menon, who contributes his capabilities in structured finance, routinely representing a range of state-owned and new generation banks in India, and Sarah Caldwell, an expert on the debt capital markets and restructuring side.

Responsables de la pratique:

Gautam Bhattacharyya


Autres avocats clés:

Nathan Menon; Sarah Caldwell


Les références

‘Reed Smith stands out as a dynamic international law firm delivering comprehensive legal solutions. Their diverse expertise ensures they handle matters effectively. We were particularly impressed by their commercial acumen, responsiveness, and smooth facilitation of negotiations.’

‘Their extensive experience in the Indian market is particularly noteworthy. With a deep understanding of Indian clients and businesses, makes them a trusted partner for Indian parties in cross-border transactions and disputes.’

‘Reed Smith’s ability to provide innovative legal solutions, both in the Indian market and internationally, positions them as a strong choice.’

Principaux dossiers


Sidley Austin LLP

Entrusted by financial sponsors, Indian corporates and commercial banks, among other clients, Sidley Austin LLP's wide-ranging practice spans a litany of sectors, from tech and life sciences to retail and consumer products. Core streams of work include, but are not limited to capital markets, white collar investigations and tech mandates. Manoj Bhargava, who spearheads the group, handles a significant volume of equity and rights offerings and possesses considerable experience across fintech, real estate and manufacturing sectors. Parthiv Rishi is particularly strong in the private equity space, able to manage a variety of investments.

Responsables de la pratique:

Manoj Bhargava


Autres avocats clés:

Parthiv Rishi


Principaux clients

Macrotech Developers


Brookfield India Real Estate Trust


Medi Assist Healthcare Services


Axis Capital


BofA Securities India


Citigroup Global Markets India


ICICI Securities


Jefferies India


J.P. Morgan India


Kotak Mahindra Capital


Principaux dossiers


  • Acted as international counsel to the lead managers, Kotak Mahindra Capital Company Limited, Axis Capital Limited, IIFL Securities Limited, Jefferies India Private Limited, and J.P. Morgan India Private Limited, in connection with the INR43bn (approximately $530m) initial public offering (IPO) of equity shares of Mankind Pharma Limited (Mankind) pursuant to Section 4(a) and Regulation S of the U.S. Securities Act of 1933.
  • Advised Stonepeak, a leading alternative investment firm specializing in infrastructure and real assets with approximately $57.1bn of assets under management, on its $650m strategic, preferred investment into Singapore-based AGP Sustainable Real Assets (AGP), a global infrastructure and real assets developer and operator.
  • Represented the underwriters, Axis Capital, Jefferies, and SBI Capital, in connection with the $2.15bn follow-on public offering of equity shares of Vodafone Idea Limited, India’s third largest telecommunications service provider. This marks India’s largest ever follow-on public offering of equity shares.

Stephenson Harwood

Kamal Shah operates at the forefront of the ‘solution orented’ Stephenson Harwood team, which acts for an array of clients, from banks and global corporations to entrepreneurs and wealthy families in contentious and non-contentious settings. Shah specialises in international arbitration and commercial litigation and is geared to handle multijurisdictional mandates, while Diwakar Agarwal is adept at handling the full gamut of corporate and commercial issues. ‘Diligent’ Gregory Xu’s strengths in banking and project finance further bolster the team’s capabilities.

Responsables de la pratique:

Kamal Shah


Autres avocats clés:

Diwakar Agarwal; Gregory Xu


Les références

‘Stephenson Harwood is easily approachable and solution oriented.’

‘Gregory Xu is a fast and diligent lawyer.’

‘The team is responsive, well-versed in the market, and dedicated to providing high-quality legal advice. They have guided clients through cross-border transactions involving banking and finance along with other practice areas like mergers and acquisitions (M&As), initial public offerings (IPOs), litigation, and arbitration.’

Principaux clients

ICICI Bank


Axis Bank


Yes Bank


HDFC Bank Limited


State Bank of India, Hong Kong branch


Adani Group


Ultratech Cement


TBO Tek Limited


Aditya Birla Finance Limited


Power Finance Corporation Limited


Knowcross Limited


REC Limited


KIMS Healthcare


Nykaa.com


Kaya Limited


PhysicsWallah


India Oil and Gas Company


Piramal Capital and Housing Finance Limited


Grant Thornton


Principaux dossiers


  • Advised State Bank of India on the construction finance loan to Radial IT Park Private Limited (a CapitaLand group company) of INR539.60m for the first business park in India to be certified by the Indian Green Building Council as net zero for energy efficiency.
  • Advising UltraTech Cement Middle East Investments Ltd., the largest cement producer in India, on its 70% equity share acquisition of Duqm Cement Project International (“Duqm Cement”) from Seven Seas Group, Oman.
  • Representing ICICI Bank on its claim against Bavaguthu Raghuram Shetty over NMC Healthcare’s widely reported financial issues in the DIFC courts.

Cleary Gottlieb Steen & Hamilton

Counting some global corporations such as Disney and Coca-Cola among its key roster of clients, ‘high quality’ Cleary Gottlieb Steen & Hamilton is particularly noted for its ability to handle large-scale M&A, private equity and capital markets transactions. The practice is jointly led by Tihir Sarkar, who has extensive experience in handling cross-border deals for multi-national clients, and Nallini Puri, who routinely assists clients with significant M&A and joint ventures. Michael Preston bolsters the team with his capabilities on the private equity side.

Responsables de la pratique:

Tihir Sarkar; Nallini Puri


Autres avocats clés:

Michael Preston


Les références

‘High quality practice, with deep experience of Indian transactions, an understanding of local market practice and how to deliver for their client and good relationships with Indian firm.’

‘Nallini Puri is very commercial and is able to match international clients needs with local market practice and has the confidence of her clients.’

‘Tihir Sarkar has the confidence of a number of high-profile clients for whom he is their go to counsel.’

‘Outstanding advice – commercial, innovative and on the top of their game.’

‘Nallini Puri is on the top of her game. Incisive and excellent. Ability to lead complex cross-border M&A.’

Principaux clients

The Walt Disney Company


American Express


ArcelorMittal and the Mittal family


Brookfield


Coca-Cola


GlaxoSmithKline plc


Goldman Sachs


Temasek


TPG Capital, TPG Asia, TPG Rise Climate


Wockhardt


Principaux dossiers


  • Acting as Counsel to The Walt Disney Company in the combination of its Star India business with Viacom18 to form a new strategic joint venture with Reliance Industries.
  • Acting as Counsel to Goldman Sachs in its sale of shares in Renew Power to Canadian Pension Fund Investment Board for approximately $268m.
  • Acting as Counsel to TPG Capital on a new $200m investment in UPL Sustainable Agri Solutions Limited, an Indian multinational company headquartered in Mumbai.

Debevoise & Plimpton LLP

The 'very impressive' team at Debevoise & Plimpton LLP handles a broad range of corporate, commercial and private equity mandates for notable clients across the globe. Steering the practice is Geoffrey Burgess, who is notably active across TMT, healthcare and private equity arenas, and Lord Peter Goldsmith KC, both of whom are based in London. Geoffrey Kittredge contributes his knowledge of private equity and investment fund formation.

Responsables de la pratique:

Geoffrey Burgess; Lord Peter Goldsmith JC


Autres avocats clés:

Geoffrey Kittredge


Les références

‘Excellent team, solid domain knowledge. Very impressive.’

‘Very much a grounded team.’

Principaux clients

Evercare Health Fund


Glendower Holdings


LeapFrog Investments


MV Credit Partners


Pantheon Ventures


Principaux dossiers


Jones Day

Sushma Jobanputra steers the team at Jones Day with his strengths in structured, acquisition and trade finance and experience that spans numerous Asian countries. Banking, finance and restructuring issues is a key focus of the team, which is well immersed within the financial services industry and is regularly relied on by a plethora of corporate groups, borrowers and lenders, and its other areas of expertise include disputes and investigations. Dennis Barsky excels at handling leveraged buyouts and acquisitions, with debt capital markets expert Vinay Kurien and Ben Witherall, who is highly experienced at advising on a variety of investments, further bolstering the team's bench strength.

Responsables de la pratique:

Sushma Jobanputra


Autres avocats clés:

Vinay Kurien; Ben Witherall; Dennis Barsky


Les références

‘Jones Day is a trusted adviser on India-related disputes and transactions, and the team is well-versed in banking and finance, M&A, PE/VC, and energy and projects.’

‘Sushma Jobanputra specialises in cross-border transactions involving clients across various sectors, while Vinay Kurien is well-known for his clear advice and practical solutions. Both Sushma and Vinay are considered top India-focused foreign lawyers.’

‘They also stand-out for consistent and focused partner attention showing a commitment to client service and focus on practical solutions to complex legal, regulatory and commercial challenges.’

Principaux clients

UPL Limited


Hyatt Hotels Corporation


The Timken Company


Twilio Inc.


OMERS Administration Corporation


Oxford Properties


Principaux dossiers


Kirkland & Ellis LLP

Highly active on both the contentious and non-contentious sides, Kirkland Ellis handles significant disputes, investigations and corporate matters for global clients active across a diverse array of sectors, from financial services to tech. The practice is spearheaded by four key players: Srinivas Kaushik, who is highly experienced at handling acquisitions and investments, Asheesh Goel, an expert in relation to risk issues and is relied upon by multinational investors and companies for advice, Atif Khawaja, whose realm of expertise lies in commercial disputes, and ‘razor sharp’ Cori Lable, who is noted for her ability to assist with corruption, money laundering, economic sanctions and financial fraud.

Responsables de la pratique:

Srinivas Kaushik; Asheesh Goel; Atif Khawaja; Cori Lable


Autres avocats clés:

Jodi Wu


Les références

‘This team brings all-rounded experience on FCPA and anti-bribery matters to private equity investments throughout the APAC region, including higher-risk jurisdictions like India.’

‘Jodi Wu is very hands-on, efficient and commercial. Cori Lable has valuable expertise in the white collar and investigations space.’

‘Kirkland & Ellis is a great white-collar team.’

‘Cori Lable has the trust of all her clients who are very loyal to her. She’s razor sharp, always available and acts in the best interests of her client. ’

Principaux clients

Advent International


Bain Capital Private Equity


PAG


Principaux dossiers


  • Advised Bain Capital on various transactions in India.
  • Advised Advent International on debt financing for its acquisition of Suven Pharmaceuticals Limited.
  • Advised PAG on financing of its acquisition of Sekhmet Pharmaventures Private Limited.

WongPartnership LLP

The ‘knowledgeable’ and ‘commercially aware’ team at WongPartnership LLP is well-positioned to advise on M&A, hospitality-related investments and various fund-raising mandates, among others, and the team is also highly active in the regulatory space. The practice is co-led by Smitha Menon, who operates across commercial arbitrations and financial restructuring, and Koh Swee Yen, who is a strong choice for those seeking assistance with multijurisdictional disputes arising from commodities, energy and transport sectors, to name a few. Teck Wee Tiong is another name to note, regarded for representing a varied roster of public and private companies in commercial and corporate disputes.

Responsables de la pratique:

Smitha Menon; Koh Swee Yen


Autres avocats clés:

Teck Wee Tiong


Les références

‘Good team with good leadership. Proactive and commercially aware.’

‘Koh Swee Yen is very committed to her clients and thinks from a “solution” perspective.’

‘Koh Swee Yen is an absolute superstar in Wong Partnership. She is always on the ball, well informed, and does not shy from taking on complex situation.’

Principaux clients

Deutsche Telekom AG


SBS Holdings, Inc.


Raffles Education Corporation Limited


Principaux dossiers


  • Acted successfully for Deutsche Telekom AG in enforcement proceedings before the Singapore International Commercial Court (“SICC”), and successfully resisted the Republic of India’s (the “State”) appeal to the Singapore Court of Appeal (“CA”). The CA issued landmark decisions in the matter.
  • Acting for, amongst others, Mr Darsan Jitendra Jhaveri, a business man based in Hong Kong S.A.R., his wife, Ms Jhaveri Jashma Darsan, and various Singapore incorporated entities to defend a claim commenced by Mr Anil Salgaocar in the Singapore High Court for, among other things, breach of trust.
  • Represented a listed Japanese company multinational logistics corporation (“Company”) in a number of SIAC arbitrations commenced against the Company and another Singapore entity, pertaining to claims for breaches of certain clauses in a Memorandum of Understanding, Share Purchase Agreement and Shareholders Agreement.