Email address
[email protected]Contact number
+65 6311 3660Share profile
Band 4
Expertise Based Abroad
About
Provided by Jamie Benson
Practice Areas
• Capital Markets
• Securities Law
• Cross-Border Mergers and Acquisitions Transactions
• Corporate Law
• Commercial Law
• Foreign Corrupt Practices Act
• Venture Capital/Emerging Companies
Career
Jamie A. Benson is the head of Duane Morris and Selvam's U.S. Capital Markets, U.S. Venture Capital and India Practices. He has more than 25 years of experience and has advised on more than 100 securities offerings throughout the world with total proceeds of approximately US$25 billion. Having worked on more than 70 offerings by Indian issuers since 2004, Jamie is one of the leading international legal counsels advising on securities offerings by Indian issuers. He is currently based in Singapore and has previously worked in New York, Sydney and London.
Jamie's experience includes advising on: equity offerings (public offerings and private placements); high-yield, convertible and investment-grade bond offerings; debt private placements; SEC-registered equity and debt offerings; mergers and acquisitions of both U.S. and non-U.S. public companies; going private transactions; SEC reporting obligations; compliance with U.S. broker-dealer laws; general corporate and commercial law matters; and FCPA matters. Jamie has a wide range of industry experience, including working on deals involving companies in the following industries: aviation; banking; beer and wine; business process outsourcing; cable television; construction; electricity transmission and distribution; film production; gambling; healthcare, infrastructure; jewelry; insurance; mining; non-banking financial companies (NBFCs); oil and gas; print media; property; telecommunications; television broadcasting; and toll roads.
Jamie has represented almost every major international and Indian investment bank. He has also acted on the biggest IPO in Indian history and advised on the very first listing on the Yangon Stock Exchange by First Myanmar Investment Public Co., Ltd.
Jamie is ranked in Chambers Asia-Pacific for Capital Markets (International Firms) – India 2020-2022, Capital Markets International - Singapore, 2021-2022 and in Chambers Global for Capital Markets (Foreign Expertise in India) – Singapore 2022-2022 . The 2022 edition clients’ testimonials state "he is very practical and solution-oriented," whilst another regards "his understanding of financials as par excellence.". One client praises his "attention to detail and knowledge of nuances". The 2021 edition notes that "Jamie Benson is recognised for his expertise in this space, especially handling equity issuances focused on India."
He is listed as a Leading Lawyer/Highly Regarded for Capital Markets by IFLR1000, 2016-2021 and praised for being "deeply committed and involved" and "extremely thorough in his diligence, review and drafting. Rarely does he miss a deal issue, or fail to highlight potential red flags and with optimum lead time."
Jamie is also listed as a Recommended Lawyer for Capital Markets in The Legal 500 Asia Pacific, 2016-2022 and as Recommended for Capital Markets in Who’s Who Legal 2021. He is also listed in the "International A List: the top 100 India-focused legal experts outside the country" since 2019 by India Business Law Journal and the "A-list: Singapore’s top 100 lawyers 2019" by Asian Business Law Journal.
Jamie has been recently recognized for his Capital Markets expertise in the 2023 edition of Best Lawyers (Singapore) and listed as a leading Cross Border Lawyer (India Desk) by LegalEra Global Achievers Awards 2022.
Jamie studied law at the University of Cambridge (Trinity College), where he was awarded a B.A. and an M.A. He received his Master of Laws from the University of Virginia. He is admitted to practice law in New York, USA and Tasmania, Australia.
Publications
• Co-author, "Proposed Amendments to the Exempt Offering Framework under the Securities Act Relevant to Asian Companies," Duane Morris Alert, April 20, 2020
• Co-author, "COVID-19: Bond Buybacks and Liability Management in Asia," Duane Morris Alert, April 6, 2020
• U.S. SEC Adopts Amendments to Update and Simplify Disclosure Requirements," Duane Morris & Selvam LLP, January 28, 2019
• Featured in, "Fine Organics goes public," Indiana Business Law Journal, September 17, 2018
• U.S. President Trump Begins Cutting 'Red Tape'," Duane Morris LLP, March 28, 2017
• Featured in the video series "Doing Business in Myanmar - The Yangon Stock Exchange," Conventus Law, July 3, 2016
Chambers Review
Asia-Pacific
Jamie Benson is recognised for his expertise in this space, especially handling equity issuances focused on India.
Jamie Benson is the Singapore-based head of Duane Morris & Selvam's India practice and regularly advises multinational corporations and financial entities on IPOs and QIPs.
Strengths
Provided by Chambers
"Jamie is practical, solutions-orientated, quick to get to the point and doesn't create unnecessary issues."
"Jamie is someone we know very well and respect. I think he's just quite practical, quick to get to the point and solutions orientated; he doesn't create unnecessary issues and is a nice guy who is fun to deal with."
"Jamie is one of the most experienced international counsels in the Indian capital markets space. He knows the law inside out and is also pragmatic."
"Jamie is practical, solutions-orientated, quick to get to the point and doesn't create unnecessary issues."
"Jamie is someone we know very well and respect. I think he's just quite practical, quick to get to the point and solutions orientated; he doesn't create unnecessary issues and is a nice guy who is fun to deal with."
"Jamie is one of the most experienced international counsels in the Indian capital markets space. He knows the law inside out and is also pragmatic."
Articles, highlights and press releases
16 items provided by Duane Morris & Selvam LLP
Duane Morris & Selvam Advises on the USD 77 million QIP of equity shares of DCX Systems Limited
Duane Morris & Selvam LLP advised DAM Capital Advisors Limited in its role as the sole book running lead manager on the recent qualified institutions placement of ₹5,000 million (USD 77 million) of equity shares of DCX Systems Limited.
Duane Morris & Selvam Advises on the QIP of Wockhardt Limited
Duane Morris & Selvam LLP acted as special international legal counsel to DAM Capital Advisors Limited in its role as the book running lead manager on the recent qualified institutions placement of ₹4,800.40 million (USD 58 million) of equity shares of Wockhardt Limited.
Duane Morris & Selvam Advises on the QIP of The Karnataka Bank Limited
Acted as special international legal counsel to Ambit Private Limited and Avendus Capital Private Limited in their role as the book running lead managers on the recent qualified institutions placement of ₹6,000 million (USD 72 million) of equity shares of The Karnataka Bank Limited.
Duane Morris & Selvam Advises on the QIP of Texmaco Rail & Engineering Limited
Acted as special international legal counsel to Nuvama Wealth Management Limited (formerly known as Edelweiss Securities Limited) and ICICI Securites Limited in their role as the book running lead managers on the recent QIP of USD 30 million of equity shares of Texmaco Rail & Engineering Limited.
Advises on the Sale of US$72 million of Equity Shares in Gokaldas Exports Limited in a QIP
Duane Morris & Selvam LLP acted as the special international counsel to IIFL Securities Limited in its role as the book running lead manager on the recent sale of INR 6,000 million (US$72 million) of equity shares in Gokaldas Exports Limited in a qualified institutions placement.
Advises on the Sale of US$90 million of Equity Shares in Sansera Engineering Limited in Block Trades
Duane Morris & Selvam LLP acted as the U.S. counsel to Nomura Financial Advisory and Securities (India) Private Limited in its role as the broker on the recent sale of equity shares in Sansera Engineering Limited by Client Ebene Limited and CVCIGP II Employee Ebene Limited in block trades.
Duane Morris & Selvam Advises on the IPO of Ecos (India) Mobility & Hospitality Limited
Acted as special international legal counsel to Equirus Capital Private Limited and IIFL Securities Limited in their role as the book running lead managers on the recent initial public offering of ₹6,012.00 million (USD 71.60 million) of equity shares of Ecos (India) Mobility & Hospitality Limited.
Duane Morris & Selvam Advises on the OFS of Shares in Route Mobile
Duane Morris & Selvam LLP recently acted as US counsel to Nuvama Wealth Management and Emkay Global Financial Services in their role as brokers to Proximus Opal on its divestment of a 6.03% stake in Route Mobile for approximately Rs, 6,213 million (US$74 million) through an Offer for Sale (OFS).
Advises on the Sale of US$143 million Equity Shares in Sansera Engineering Limited in a QIP
Duane Morris & Selvam LLP acted as the U.S. counsel to ICICI Securities and Nomura Financial Advisory & Securities (India) in their role as the book running lead managers on the recent sale of approximately Rs. 12,000 million (US$143 million) of shares in Sansera Engineering Limited in a QIP.
Advises Union Bank of India on the sale of INR30,000 million (US$360 million) Equity Shares in a QIP
Duane Morris & Selvam LLP acted as the international counsel to Union Bank of India (the “Union Bank’) on its recent sale of INR 30,0000 million (US$360 million) of its equity shares in a qualified institutions placement, including a private placement in the United States.
Advised on IDFC FIRST Bank’s INR₹ 30 Billion (US$361 Million) Qualified Institutions Placement
Duane Morris & Selvam Advises Book Running Lead Managers in IDFC FIRST Bank’s INR₹ 30 Billion (US$361 Million) Qualified Institutions Placement of Equity Shares
Advised on Capri Global Capital Limited’s Sale of US$180 Million of Equity Shares in a Rights Issue
Duane Morris & Selvam LLP acted as the international counsel to ICICI Securities Limited in its capacity as the lead manager on Capri Global Capital Limited’s recent sale of Rs. 14,400 million (US$180 million) of equity shares in a rights issue.
Duane Morris and Selvam Advises on India’s Biggest IPO Ever
Duane Morris & Selvam LLP acted as international legal counsel to the President of India and Life Insurance Corporation of India on the recent sale of 3.5% of the outstanding shares in LIC by the president of India for approximately US$2.7 billion in an initial public offering.
Duane Morris & Selvam acts on Union Bank’s INR 14.5 billion (US$200 million) QIP
Duane Morris & Selvam LLP acted as international legal counsel to Elara Capital (India) Private Limited, IIFL Securities Limited, Motilal Oswal Investment Advisors Limited, and YES Securities (India) Limited on the recent sale of approximately INR 14.5 billion (US$200 million) of equity shares in Un
Duane Morris & Selvam acts on Affle’s INR 6 billion (US$82 million) QIP
Duane Morris & Selvam LLP acted as international legal counsel to Axis Capital, Nomura and UBS, in their role as the book running lead managers, on the sale of INR 6 billion (US$82 million) of equity shares in Affle (India) Limited in a qualified institutions placement, including concurrent private
Duane Morris & Selvam acts on IDFC First Bank’s INR30 billion QIP
Duane Morris & Selvam acts on IDFC First Bank’s INR30 billion QIP. This was IDFC First Bank’s first issuance of equity shares through the capital markets following the merger between Capital First & IDFC Bank in December 2018.
Duane Morris & Selvam Advises on the USD 77 million QIP of equity shares of DCX Systems Limited
Duane Morris & Selvam LLP advised DAM Capital Advisors Limited in its role as the sole book running lead manager on the recent qualified institutions placement of ₹5,000 million (USD 77 million) of equity shares of DCX Systems Limited.
Duane Morris & Selvam Advises on the QIP of Wockhardt Limited
Duane Morris & Selvam LLP acted as special international legal counsel to DAM Capital Advisors Limited in its role as the book running lead manager on the recent qualified institutions placement of ₹4,800.40 million (USD 58 million) of equity shares of Wockhardt Limited.
Duane Morris & Selvam Advises on the QIP of The Karnataka Bank Limited
Acted as special international legal counsel to Ambit Private Limited and Avendus Capital Private Limited in their role as the book running lead managers on the recent qualified institutions placement of ₹6,000 million (USD 72 million) of equity shares of The Karnataka Bank Limited.
Duane Morris & Selvam Advises on the QIP of Texmaco Rail & Engineering Limited
Acted as special international legal counsel to Nuvama Wealth Management Limited (formerly known as Edelweiss Securities Limited) and ICICI Securites Limited in their role as the book running lead managers on the recent QIP of USD 30 million of equity shares of Texmaco Rail & Engineering Limited.
Advises on the Sale of US$72 million of Equity Shares in Gokaldas Exports Limited in a QIP
Duane Morris & Selvam LLP acted as the special international counsel to IIFL Securities Limited in its role as the book running lead manager on the recent sale of INR 6,000 million (US$72 million) of equity shares in Gokaldas Exports Limited in a qualified institutions placement.
Advises on the Sale of US$90 million of Equity Shares in Sansera Engineering Limited in Block Trades
Duane Morris & Selvam LLP acted as the U.S. counsel to Nomura Financial Advisory and Securities (India) Private Limited in its role as the broker on the recent sale of equity shares in Sansera Engineering Limited by Client Ebene Limited and CVCIGP II Employee Ebene Limited in block trades.
Duane Morris & Selvam Advises on the IPO of Ecos (India) Mobility & Hospitality Limited
Acted as special international legal counsel to Equirus Capital Private Limited and IIFL Securities Limited in their role as the book running lead managers on the recent initial public offering of ₹6,012.00 million (USD 71.60 million) of equity shares of Ecos (India) Mobility & Hospitality Limited.
Duane Morris & Selvam Advises on the OFS of Shares in Route Mobile
Duane Morris & Selvam LLP recently acted as US counsel to Nuvama Wealth Management and Emkay Global Financial Services in their role as brokers to Proximus Opal on its divestment of a 6.03% stake in Route Mobile for approximately Rs, 6,213 million (US$74 million) through an Offer for Sale (OFS).
Advises on the Sale of US$143 million Equity Shares in Sansera Engineering Limited in a QIP
Duane Morris & Selvam LLP acted as the U.S. counsel to ICICI Securities and Nomura Financial Advisory & Securities (India) in their role as the book running lead managers on the recent sale of approximately Rs. 12,000 million (US$143 million) of shares in Sansera Engineering Limited in a QIP.
Advises Union Bank of India on the sale of INR30,000 million (US$360 million) Equity Shares in a QIP
Duane Morris & Selvam LLP acted as the international counsel to Union Bank of India (the “Union Bank’) on its recent sale of INR 30,0000 million (US$360 million) of its equity shares in a qualified institutions placement, including a private placement in the United States.
Advised on IDFC FIRST Bank’s INR₹ 30 Billion (US$361 Million) Qualified Institutions Placement
Duane Morris & Selvam Advises Book Running Lead Managers in IDFC FIRST Bank’s INR₹ 30 Billion (US$361 Million) Qualified Institutions Placement of Equity Shares
Advised on Capri Global Capital Limited’s Sale of US$180 Million of Equity Shares in a Rights Issue
Duane Morris & Selvam LLP acted as the international counsel to ICICI Securities Limited in its capacity as the lead manager on Capri Global Capital Limited’s recent sale of Rs. 14,400 million (US$180 million) of equity shares in a rights issue.
Duane Morris and Selvam Advises on India’s Biggest IPO Ever
Duane Morris & Selvam LLP acted as international legal counsel to the President of India and Life Insurance Corporation of India on the recent sale of 3.5% of the outstanding shares in LIC by the president of India for approximately US$2.7 billion in an initial public offering.
Duane Morris & Selvam acts on Union Bank’s INR 14.5 billion (US$200 million) QIP
Duane Morris & Selvam LLP acted as international legal counsel to Elara Capital (India) Private Limited, IIFL Securities Limited, Motilal Oswal Investment Advisors Limited, and YES Securities (India) Limited on the recent sale of approximately INR 14.5 billion (US$200 million) of equity shares in Un
Duane Morris & Selvam acts on Affle’s INR 6 billion (US$82 million) QIP
Duane Morris & Selvam LLP acted as international legal counsel to Axis Capital, Nomura and UBS, in their role as the book running lead managers, on the sale of INR 6 billion (US$82 million) of equity shares in Affle (India) Limited in a qualified institutions placement, including concurrent private
Duane Morris & Selvam acts on IDFC First Bank’s INR30 billion QIP
Duane Morris & Selvam acts on IDFC First Bank’s INR30 billion QIP. This was IDFC First Bank’s first issuance of equity shares through the capital markets following the merger between Capital First & IDFC Bank in December 2018.