Founded in 1990, L&L Partners is widely recognised in the Indian legal market. The firm has offices in Mumbai, New Delhi, Bangalore and Hyderabad.
Focusses / specialisms
The firm boasts a well-diversified financial and corporate offering.
The banking team regularly advises clients such as corporates, banks and financial institutions, as well as non-banking financial institutions, and has a well-established project finance practice.
The firm has a historically strong capital markets practice and has worked on significant debt and equity offerings.
The corporate team advises buyers and sellers on both domestic and cross-border matters across various industries.
In projects, the firm acts for various stakeholders such as project developers, contractors, Indian and foreign investors, regulatory authorities, multilateral institutions, international banks and financial institutions. Key sectors of focus include renewable energy, oil and gas, transport, infrastructure, utilities and logistics.
In restructuring, the firm has acted on high-profile insolvency resolution processes and is mandated by domestic and international clients such as insolvency practitioners, acquirers, applicants and creditors.
Key clients
Notable clients include HDFC Bank, ICICI Bank, Yes Bank, India Infrastructure Finance Company, India Infradebt, Accurant International, SVL-SME Fund and Kosmo One Business Park.
Research period review:
33rd edition (2022/2023)
The banking team was active for a mix of lenders and borrowers on domestic and cross-border financings, refinancing and acquisition finance works.
In the capital markets area, the firm advised on debt and equity transactions. On the debt side, it acted for the issuer on investment bond issues. On the equity side, it worked for issuers on IPOs.
In M&A, the firm acted for investor, seller and acquirer on deals in several sectors including energy, insurance, technology, healthcare and financial services.
In the projects space, the team was involved in various sectors such as social infrastructure, financial services, energy, industrials and manufacturing, and transport.
On the restructuring and insolvency front, the firm recently acted for receivers, creditors, debtors and liquidators.
Deal highlights: 33rd edition (2022/2023)
Aegis Vopak Terminals’ financing.
Honasa Consumer’s acquisition of the majority shareholding of Fusion Cosmeceutics.
Kidvento Education and Research’s fundraising.
O2 Power Singapore’s acquisition of a portfolio of solar power plants from Emmvee Photovoltaic Power.
SMC Capital’s Venus Pipes & Tubes IPO.
Client feedback: 33rd edition (2022/2023)
Banking and finance
“The firm has a great network of lawyers who work well with each other in an integrated and cohesive manner. Their ability to resolve problems and take a deal to its closure is their biggest strength. In addition to legal knowledge, they also have good commercial acumen.”
Project finance
“The overall philosophy of the firm of 'client first' is their strongest attribute. They place the client's needs above all else.”
Piyush Mishra
“Piyush is brilliant in his knowledge and application of the law. He has guided us not only through legal, but also the commercial aspects and nuances of the insolvency process that we have engaged Luthra & Luthra for.”
Karan Mitroo
“Karan is the go-to guy for solutions. His ability to get parties together and resolve issues is commendable. His ethics, legal and commercial acumen and team make him a go-to person for any complex deal.”
“Karan is the problem-solver. If you have any legal issues or concerns, he has innovative solutions. He is exemplary at negotiations and in addition to his legal skills, his ability to take a transaction to closure is his biggest strength.”
