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Nithya Partners

Banking & Finance

1 ranked lawyersBand 1Sri LankaAsia-Pacific 2021 View ranking table
chambers review
department information
Ranked Lawyers
chambers review
department information
Ranked Lawyers

Chambers Review

Chambers Research is conducted by 200 Research Analysts, across 200 jurisdictions and provides nearly 6,000 rankings tables. Annually we collect hundreds of thousands of responses from clients, the majority via in-depth interview. Learn more about our methodology.

What the team is known for

Market-leading practice with unparalleled strength in banking and finance matters. Favoured advisers to foreign multinational financial institutions and local banks. Also well versed with assisting government bodies and SOEs. Noted for its technical strength and adept at handling capital markets, derivatives and regulatory issues, as well as loan facilities, and well placed to advise on trade finance matters. Also noted for its acquisition finance expertise.

Strengths

"They are prompt, to the point and give solid advice," notes one client, adding: "We have a long-term relationship with them based on trust – not just with one partner, with them all."

Another interviewee says: "The firm has a very flexible and approachable culture. They customise solutions to fit our requirements."

Work highlights

Acted for People's Bank in the issuance of debentures valued at LKR10 billion.

Notable practitioners

Naomal Goonewardena maintains his position as a leading lawyer in the banking and finance market, with a recent client calling him "the foremost authority in capital raising and a leading personality in tax law in Sri Lanka."His vast expertise includes advising on tax, capital markets and corporate matters as well as Islamic banking mandates. Another client describes him as "knowledgeable and conversant with local and international products."

Department Information

This content is provided by Nithya Partners.

Overview

Led by Mr. Naomal Goonewardena, Nithya Partners continues to maintain a strong practice in the areas of banking and finance. The department has been actively involved in a number of large transactions which have taken place recently, particularly in the area of cross-border debt issuances by corporate entities. We consistently advise leading local banks as well as overseas banking entities in their debt financing in Sri Lanka and on their proposals to enter the domestic market.  We also continue to advise the largest leasing and finance companies in the country.

Our expertise is, inter alia, in the areas of  international bond offerings, loan financing (bilateral and syndicated loans, ECA backed financing, secured and unsecured financing), debt structuring, structured financing, derivatives and financial products, regulatory and compliance advice, banking regulation, banking documentation, trade financing and Islamic financing. 

Overseen by Mr. Chanaka de Silva, the Firm also regularly advises clients on disputes relating to infrastructure and project-related transactions and arbitrations. Mr. de Silva who is considered the foremost legal expert in the field of project finance transactions and negotiations has also been involved in advising, negotiating and structuring several large infrastructure projects in diverse areas such as electricity, telecommunications, petroleum, road, ports and mining and several privatizations. 


Industries

Banks

Commercial & Professional Services

Energy

Financial Services

Industrial Engineering

Mining & Metals

Pharmaceuticals & Life Sciences

Real Estate Finance

Banking & Finance

Nithya Partners

firm
Location

No. 97A, Galle Road

Colombo

Western Province

Sri Lanka

03

View Firm Profile

Ranked Lawyers

Chambers Research is conducted by 200 Research Analysts, across 200 jurisdictions and provides nearly 6,000 rankings tables. Annually we collect hundreds of thousands of responses from clients, the majority via in-depth interview. Learn more about our methodology.

Sri Lanka

Banking & Finance


Naomal Goonewardena
Band 1