Phoenix Legal is a full-service firm that is recognised for its banking and finance, infrastructure, insurance, dispute resolution, labour and employment and restructuring and insolvency practices. This year it moves up in the capital markets table. The four co-founding partners are the main contacts: Manjula Chawla, Saket Shukla, Abhishek Saxena and Sawant Singh. Three partners joined last year, including disputes specialists Gaurav Dudeja and Aman Avinav, and projects partner Pallavi Bedi. The latter joined from Luthra and Luthra Law Offices.
Work highlights
Advised the Royal Institute of Chartered Surveyors on its collaboration with Amity University, including strategising on the transfer of employees.
Work highlights
Represented the resolution professional during the corporate insolvency resolution process (CIRP) of debtor Chengapalli Tollways.
Acted for CM Shah Consortium and MITC Rolling Mills as the resolution applicant in the CIRP of Shree Vaishnav Casting.
Work highlights
Acted for Definitive Healthcare on acquiring a 100% stake in Analytical Wizards including its Indian entity.
Advised BTB Marketing and its promoters on the acquisition of The Beer Café by B9 Beverages in a swap deal.
Work highlights
Advising the US International Development Finance Corporation on its foreign currency-denominated external commercial borrowing loan to a non-banking financial company.
Assisted arranger Northern Arc Capital on a pooled bond issuance by six issuers, subscribed by a foreign portfolio investor under the voluntary retention route of the Reserve Bank of India.
Key clients
AK Capital Services, Bank of India, BlueOrchard Finance, Calvert Impact Capital, Creation Investments, HDFC Bank, MicroVest Short Duration Fund, Northern Arc Capital, State Bank of India, Union Bank
Work highlights
Advised Konkan LNG on regulatory issues and drafting a services agreement for chartering tugboats for transporting LNG from ships to the LNG terminal.
Work highlights
Advised Intuitive Surgical India in relation to its proposed bid and supply of robotic surgical systems to Haffkine Bio Pharmaceutical, including representing Intuitive in a writ petition filed before the Bombay High Court by another bidder.
