SELECTED LEGAL EXPERIENCE
- Structuring the transaction, ensuring compliance with all regulatory bodies.
- Assisting the external lawyers in the preparation of the business transfer documents.
- Attending meetings for the structuring and finalizing of transactions.
- Preparing the transaction documents on behalf of the Client.
- Preparing and executing the closing documents.
- Billed and secured the transaction amount from the Client.
SOME PROMINENT CASES
1. Big Pharma / Divestment of a Public Company / USD 3.7 Billion
- The company (market cap USD 6+ billion) sold its formulations business in India to a big American Pharma company (market cap USD 126+ billion).
- This was initially considered an impossible deal. All major multinational law firms initially retained by the Client said it could not be done due to regulatory and contractual issues.
- The deal involved assets and negotiations in multiple jurisdictions and external lawyers in the UK & USA.
- Despite major regulatory hurdles we came through with a legal strategy and deal structure that passed muster, and we executed this deal for our Client.
2. Big Pharma / Acquisition of a Public Company / USD 100+ Million
- Worked on a purchase deal and acted for a Swiss multinational healthcare company (market cap USD 221+ billion) across multiple jurisdictions.
- The Swiss company purchased a USA based analytics company with a data processing center in India that helps laboratories parse data to make business strategy decisions.
- The deal involved assets and negotiations in multiple jurisdictions and external lawyers in the USA.
3. Big Pharma / Divestment of Public Company / USD 89 Million
- Advised a subsidiary of a US-listed firm (market cap USD 226+ billion) in connection with the transfer of the business of research, development, marketing, distribution, and sale of health products and all goodwill associated therewith.
- Advised on procedural aspects involved in obtaining public shareholders’ approval.
4. FMCG / Divestment of a Public Company / USD 11.24 Million
- Acted on behalf of an American multinational consumer products company (market cap USD 61+ billion) focused on the production, distribution, and provision of household, healthcare, and personal care products.
- The firm was entrusted with the sale of one of the company’s divisions to a wholly-owned subsidiary of its holding company by way of a slump sale.
5. Industrial Chemicals / Divestment Deal / USD 4.6 Million
- Acted on behalf of a listed German company (market cap USD 277+ million) that sold its shares held in an Indian subsidiary to a chemical producer (market cap USD 165+ million).
- The deal involved negotiations in multiple jurisdictions, including external lawyers in Germany, UK & India.
6. Industrial Chemicals / Divestment Deal / USD 1.12 Million
- Acted on behalf of a Swiss headquartered world-leading specialty chemical company (market cap USD 6.3+ billion) that sold their Indian chemical production business to a private entity in Singapore.
- The deal involved negotiations in multiple jurisdictions, including Singapore and Switzerland.
OTHER LEGAL EXPERIENCE
A. HOSPITALITY
- Acted on behalf of an Indian real estate developer to finance, build and furnish a hotel of international standards.
- Worked on a Hotel Operations Services Agreement on behalf of an Indian real estate developer.
- Negotiated several contracts with a USA based multinational hospitality company that manages and franchises luxury hotels, resorts, and vacation properties worldwide.
- Vetted, revised and negotiated –
- The Hotel Operations Services Agreement.
- The Strategic Oversight Agreement.
- The Technical Services Agreement.
- The Trademarks License Agreement.
B. LITIGATION
B.1 Industry – FMCG
- Acted on behalf of the Chairman of an Indian multinational corporation (market cap USD 11+ billion) against whom a shareholder had moved a resolution for removal from the board of the company.
- Conferred with Client; prepared brief to be filed in Company Law Board; instructed lawyers who were appearing in the matter.
B.2 Industry – FMCG
- Represented a USA based multinational FMCG & consumer products company (market cap USD 58+ billion) in certain disputes that arose with a joint venture partner based outside India.
- Conferred with Client; prepared and issued legal notice; prepared brief to be filed in Courts in Nepal; instructed and trained the lawyers appearing in Court.
B.3 Sports & Entertainment
- Advised and represented an Indian Premier League cricket team during arbitration and in the High Court.
- Held conferences with various stakeholders involved in the matter located in London, Australia, and India.
B.4 Industry – Heavy Engineering
- Actively assisted an Arbitrator in ICC Arbitration proceedings held in London.
- Perused documents filed by the claimant and respondent.
- Prepared brief for the arbitrator, held with briefing sessions with the arbitrator.
B.5 Industry – Big Pharma
- Represented various pharmaceutical companies in various courts by filing challenges to drug price notifications issued by the concerned Indian regulatory body.
- Prepared motions and applications to obtain interlocutory and final reliefs.
- Engaged and instructed outside counsel whenever required to appear in the matter in the High Court.
C. ADVISORY
C.1 Industry – IT / Electronic Commerce
- Advised an e-commerce company on the structuring of their B2B and B2C arrangements in view of Foreign Direct Investment regulations.
C.2 Industry – Telecommunications
- Advised a large mobile phone company on the implications of the proposed changes to the Articles of Association of the company in view of the various judicial precedents.
C.3 Industry – Big Pharma
- Advised various pharmaceutical companies on the implications of the Medical Council of India regulations on the Code of Conduct for doctors.
- Acted on behalf of a multinational pharmaceutical and life sciences company to buy back its securities from existing shareholders pursuant to the provisions of the SEBI Buy Back Regulations.
C.4 Foreign Entities & Foreign Direct Investors
- Advised various entities and individuals on legal aspects of foreign direct investment in India.
- Advised on business structuring, the conduct of operations, establishment of SPVs in view of the prevailing FDI Policy.
- Procurement of government approvals, drafting applications to the Foreign Investment Promotion Board.
- Advised on various government rules and regulations in a variety of sectors & businesses.
- Advised on various aspects pertaining to other possible investment routes in India, i.e., investments through FIIs, Non-Resident Indians, Persons of Indian Origin, and Overseas Corporate Bodies.
FAMILY OFFICE AND TRUSTS
CAPITAL MARKETS