Banking & Finance - India
What the team is known for
Shardul Amarchand Mangaldas & Co is a full-service law firm in India with an established track record of advising major banks, financial institutions and borrowers. The law firm is a popular choice for a range of work in project and acquisition financing, as well as commercial borrowing. Other areas of expertise for the team include real estate finance as well as debt restructuring and assisting with insolvency proceedings. Bharti Telecom, Axis Bank and Kotak Investment Advisors are among its clientele.
Strengths
"SAM have an understanding of how international financial institutions operate and can serve the client, at both the country and regional level."
"They did an outstanding job in terms of being commercial. They were very strategic about it and got a great outcome. The firm has a huge network and precedence with similar situations, so their intel is very good."
Work highlights
The team advised Fractal Analytics on borrowing credit facilities aggregating approximately USD60 million from offshore foreign lenders, including BlackRock and HSBC. The deal had to be structured to create credit support for non-bank entities and be compliant with overseas investment regulations.
Notable practitioners
Shardul Shroff is the executive chairman at Shardul Amarchand Mangaldas & Co and is based in its Delhi office. He has a long-standing reputation in this space and offers experience of the full range of financing mandates. He is also highly respected for his expertise in restructuring and insolvency mandates.
Veena Sivaramakrishnan is a partner in Shardul Amarchand Mangaldas & Co's Mumbai office. She has been active advising clients on a wide spectrum of matters across the fields of banking and finance, insolvency, M&A and regulatory. She is particularly adept at handling deals with multi-jurisdictional components. "Veena has the ability to clear away sludge while ensuring all transacting parties walk away feeling their commercial intentions have been met."