"Nishith Desai Associates is extremely responsive and very knowledgeable. The lawyers there give accurate and appropriate advice and do so in a timely fashion," says a client....
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"Nishith Desai Associates is extremely responsive and very knowledgeable. The lawyers there give accurate and appropriate advice and do so in a timely fashion," says a client. The firm maintains a solid reputation in the market for the quality of capital markets transactions, having been at the cutting edge of this market for many years.
A notable transaction last year was acting for SKIL Ports and Logistics in listing its shares on the Aim segment of the London Stock Exchange. This transaction was completed in January 2011 and valued at £76 million ($124.5 million).
The firm possesses a strong international network with offices in Silicon Valley in the US and Singapore as well as Basel in Switzerland. Clients appreciate the global outlook: "They may not be the final authority because they're not licensed to practice in these countries, but they are certainly well-aware of regulations and deal structures and frameworks which are required for our kinds of activities in these jurisdictions."
A client praises the firm for its dedication: "In many instances the lawyers go above and beyond the call of duty. They've been very accessible, including their senior partners."
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"Nishith Desai Associates has some very senior team members who are hands-on on every matter. It advises many companies in the private equity industry and therefore is a repository of information on the private equity industry legal framework on India," says a client....
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"Nishith Desai Associates has some very senior team members who are hands-on on every matter. It advises many companies in the private equity industry and therefore is a repository of information on the private equity industry legal framework on India," says a client. The firm increases its reputation in the market this year, with peers and clients united in recommending the firm for its prowess especially in terms of private equity.
The firm advised Dewan Housing Finance in its 100% acquisition of Deutsche Postbank Home Finance, a housing finance company registered with National Housing Bank. This transaction was valued at $240 million and closed in January 2011.
Clients applaud the firm's dedication to intellectual capital: "No other firm keeps us up to date like the firm does. We get regular newsletters and updates as laws and regulations develop in the country. The firm often asks us to speak on foreign issues, so as to maintain a global perspective. When it comes to communication, it sets the absolute standard for other firms."
A notable deal for the firm this year was its representation of Reliance Broadcast Network in its entry into a joint venture with the RTL Group, which is part of Bertelsmann group in Germany. This transaction was closed in June 2011.
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