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The report ranks TLT as a top 15 ‘regional & specialist’ firm for India-related matters, recognising and reflecting TLT’s continued work in this specialist field as well as its growth.
The firm provides a full service across transactional, disputes, restructuring and recoveries, regulatory and own account work to Indian banks and financial institutions, with increasing focus on fintech, clean energy and green finance.
It is continuing to broaden this scope of work, including on international payment fraud and investigations; cross-border schemes of arrangement, restructurings and insolvencies including enforcement work; regulatory issues; telecoms; employment; pensions; data protection and sharing; and outsourcing.
In the last year, TLT has acted on several high profile cases for its Indian banking clients, including continuing to represent a consortium of 13 Indian banks in the ongoing enforcement of a debt judgment against Vijay Mallya, and winning a significant result in a US$22m recoveries case for Punjab National Bank. Amongst its many other cases, TLT advised the Government of India on a high profile and successful recovery action.
The firm is also working closely with Indian banks to meet the unprecedented challenges they face with the likely fallout from the coronavirus pandemic and the cessation of LIBOR.
TLT is focused on deepening its relationships with Indian law firms as part of its international growth strategy, to help it deliver a consistent and high quality service to its clients.
The team grew exponentially in 2019/20, with senior appointments including Marc Gilston and Rich Huges, partners in banking & finance; Kanika Kitchlu-Connolly, partner in banking & restructuring; Angela Hayes and Robin Penfold, partners in financial services regulation; Patrick Somers, partner in corporate; and Ayla Skene, of counsel, international trade.
Peter Carney, head of TLT’s India team, says: “This is an excellent recognition of the growth we continue to experience and the exemplary work of the team.
“We are seeing increasing demand for a broader range of services as businesses face a wave of cross-border issues, including as a result of the pandemic.
“Deepening our relationships with Indian law firms is a key part of our growth strategy and we are looking forward to building an even stronger network in the year ahead.”
The report is based on rigorous research, vast editorial experience and extensive consultation with corporate counsel and Indian law firms. Please read the report online.
For further information and support, please contact Peter Carney.
18 August 2020