St Denis Street
Port Louis 11411
Number of lawyers: 16
Network memberships: Globalaw
Languages: English, French, Hindi
5 ST JAMES COURT regroups rising and senior self-employed barristers, who can either be instructed individually or as part of a team. Chambers is a predominantly civil and commercial set, with a strong arbitration, banking and financial services practice. Members of Chambers also undertake international consultancy work and have advised foreign states on their financial services sector and architecture, including Mauritius.
Investment Funds and/or Dispute Resolution
Provided assistance with the resolution and settlement of a 3 Billion USD dispute in relation to a sovereign wealth fund.
Successfully applied for the setting aside of a 120 M USD arbitral award on grounds of public policy.
Successfully acted for claimants in a 20M Euro in a LCIA international arbitration.
Banking and Finance
Ravindra.Chetty@5stjamescourt.com and Yashley.Reesaul@5stjamescourt.com Advised on the restructuring of a Bank.
Corporate and M&A
Avinash.Sunassee@5stjamescourt.com Acted for the buyer in relation to the cross border acquisition of a hotel.
Acted for the buyer in the acquisition of an insurance company operating in Mauritius involving parties from different jurisdictions.
Avinash.Sunassee@5stjamescourt.com, Jayaluxmi.Somar@5stjamescourt.com and Jessie.Asiriah@5stjamescourt.com Acted for the buyer in relation to the acquisition of a market leader in the dairy market in Madagascar. The whole of the transaction was carried out in French. They have also acted for the vendor in relation to the sale of an island.
Restructuring and insolvency
Financial services and regulatory
Ravindra.Chetty@5stjamescourt.com and Avinash.Sunassee@5stjamescourt.com regularly advise the apex regulatory bodies in the financial services sector. For example Avinash Sunassee has been involved in the first case where the Financial Services Review Panel has imposed an administrative fine upon licensees of the FSC