We are one of the most experienced international firms for India-related cross-border legal services. We represent multinational corporations, financial institutions and funds from around the world pursuing opportunities in India. We also advise Indian companies and financial institutions on their international transactions and disputes.
Our core India team is based in the three top markets that generate India-related cross-border matters: New York, Singapore and London. They work with our lawyers in offices around the world, bringing together different practice areas and legal knowledge to provide fully coordinated advice.
In India, we are at the forefront of M&A, private equity, capital markets, project development and financing, leveraged financing, fund formation, dispute resolution and general corporate advisory work. As with all international law firms, Indian regulations do not permit us to practice Indian law. We work closely with a number of law firms in India. We do not have an exclusive or special relationship with any single Indian firm as we want the freedom to choose local lawyers who have the experience to service our clients with the highest level of quality and responsiveness.
We represent clients investing in India through control acquisitions, minority investments and joint ventures. We also advise Indian companies in their investments and mergers and acquisitions activities outside India.
We represent issuers, underwriters, investors and other participants on their debt, equity and derivative offerings around the world, including Rule 144A and Regulation S offerings and registered offerings in all of the international markets from which Indian issuers raise capital.
We regularly represent multilateral financial institutions, developers, international commercial and investment banks, Indian financial institutions and banks, export credit agencies and other participants in project development and financing in the power, oil and gas, transportation and other infrastructure sectors.
We regularly represent lenders and borrowers in cross-border financing transactions. Our practitioners are steeped in knowledge of the latest local and international techniques across banking, insolvency, restructuring and litigation.
Our dispute resolution team handles arbitration proceedings (under the rules of all major international and regional arbitral institutions) and other modes of alternative dispute resolution. We advise clients from both common and civil law systems.
AWARDS & RECOGNITION
Tier 1 in Energy & Infrastructure – Foreign Firms in India
IFLR 1000 2015
Tier 1 in India Projects & Energy
Chambers Global 2015
Band 2 for Corporate/M&A (International Firms)
Band 2 for Projects & Energy (International Firms)
Band 2 for Dispute Resolution (International Firms)
"This established India group advises on both inbound and outbound M&A and private equity deals, with notable activity in e-commerce, real estate, infrastructure and pharmaceuticals."
"The India group works primarily out of the firm's London, New York and Singapore offices, and has a solid track record on power, energy and infrastructure projects. It is well known for its project financing and development expertise...."
Chambers Global 2015: India
Band 2 for India—Foreign Firms
The Legal 500 Asia Pacific 2013
Tier 1 in International Firms active in India
Largest cross-border M&A transaction to date between India and China
US$1.232 billion sale by GMR Group of a 50% stake in global power generation company InterGen NV to China's largest power generation company.
Market-leading owners and operators of clean energy projects in India
US$500 million novel high-yield issue by Greenko, the largest owner and operator of renewable energy projects in India. Joint venture between the founders of Greenko and GIC, the sovereign wealth fund of Singapore, in buying out the business frompublic shareholders for an overall transaction value of US$250 million and for further expansion of the business.
GMR's sale of its equity in Istanbul Sabiha Gökçen airport
Sale by GMR Group of its entire 40% equity stake in Istanbul Sabiha Gökçen airport to an affiliate of Malaysia Airports Holdings Berhad, a Malaysian airport operator, for €209 million.
The largest investment made by an Indian company in Singapore to date
SGD 1 billion greenfield development and financing of an 800 MW power project on Jurong Island, Singapore, owned by GMR Energy and subsequent sale of a 30% stake to an affiliate of PETRONAS, and a 70% stake to an affiliate of Meralco PowerGen and First Pacific Company. Won "APAC merchant Power Deal of the Year"from Project Finance (2012).
Landmark arbitration awards
Won precedent-setting arbitration awards and judgments in favor of various clients, including Cruz City, a subsidiary of a real estate private equity firm, against Unitech Ltd., and Jindal Steel & Power against Government of Bolivia.