Banking & Finance - India
What the team is known for
Cyril Amarchand Mangaldas has a superb reputation among major banking and financial players, and is active on some of the most high-value financings in India. The banking team is instructed as lenders' legal counsel as well as by borrowers on matters such as project finance, and serves as local counsel to international firms. The team is also active on securitisation, loan portfolio sales and acquisition finance. The lawyers have additional expertise in handling insolvency resolution matters for major lenders and the team is especially active on deals in the energy and infrastructure spaces. Some names in the team's client base include Goldman Sachs, Standard Chartered Bank and IndusInd Bank.
Strengths
"CAM's team show the highest degree of academic pedigree, technical skills and diligence. The team members are specialised in their area, which helps them think from the regulator's point of view. They provide solutions that are practical in nature."
Work highlights
Cyril Amarchand Mangaldas advised a consortium of banks led by Standard Chartered Bank on the refinancing of Mumbai International Airport's existing facility, as well as providing an additional facility. The total value of this deal was INR72.5 billion.
Notable practitioners
Cyril Shroff is the managing partner at Cyril Amarchand Mangaldas and is based in Mumbai. He is highly respected for his extensive experience advising on financial regulatory, infrastructure and bankruptcy-related matters.
L Viswanathan is a partner at Cyril Amarchand Mangaldas and is based in its Mumbai office. He is highly adept at advising international financial services companies on a range of matters, with clients benefiting from his significant expertise in project finance and restructuring and insolvency. "L Viswanathan is a pre-eminent IBC practitioner."
Leena Chacko is a partner at Cyril Amarchand Mangaldas, based in its Mumbai office. She is well respected for her experience advising lenders on financing large, complex acquisitions. "Leena Chacko is very experienced."
Santosh Janakiram is a partner at Cyril Amarchand Mangaldas and is based in its Mumbai office. He is especially active on financing in relation to renewable energy. "Santosh is a new money financing expert who is good at structuring and finding mitigants to hairy credit issues prior to investing."