Descendants of the same prestigious lineage as top-tier rival FJ&G de Saram, the smaller and slightly younger firm DL&F De Saram was founded over a century ago in 190.1 It is achieving a marked ascent of the leading ranks, climbing up in three categories this year on the back of excellent peer and client reviews....
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Descendants of the same prestigious lineage as top-tier rival FJ&G de Saram, the smaller and slightly younger firm DL&F De Saram was founded over a century ago in 190.1 It is achieving a marked ascent of the leading ranks, climbing up in three categories this year on the back of excellent peer and client reviews.
Competitors note its growing strength in key markets. One observes: "They have done very well for themselves and it would be fair to give them credit for appearing on more transactions, bigger transactions." Another says: "They are more improved, with a good client structure and two young, energetic partners."
The firm has developed a good reputation with clients, who appreciate its fleet-footed, efficient and young team. "Their lawyers are savvy and dynamic," says one financial client. "I enjoy working with DL&F De Saram because they provide astute, commercial advice and have a fresh outlook for our business." Leading lawyers Prabash De Saram and Michael Sproule win plaudits from clients.
This year, amid the recently-ending civil war, the firm kept reasonably active for numerous foreign participants including HSBC, ICICI Lombard General Insurance Company and Handicap International. On the project finance front, the team advised a Dutch bank that made a $55 million loan to the hydropower sector in the country. An ongoing work matter is the firm's assistance of a German entity in its €1.9 million ($2.7 million) acquisition of a majority shareholding in Capitol AEI.
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