Neelakandan & Neelakandan

Kandiah Neelakandan and Saravanan Neelakandan of Neelakandan & Neelakandan’s banking and finance group have been busy handling Malaysian CIMB Investment Bank’s formation in Sri Lanka. The practice, as local counsel with a UK law firm as foreign counsel, also advised a global bank on a large facility to a Sri Lankan telecommunications company.

While Kandiah Neelakandan and Saravanan Neelakandan of Neelakandan & Neelakandan are advising a client on a large block trade, the capital markets team is handling regulatory matters on new share issuances and debentures for an impressive clientele, which includes Hotel Developers and Tokyo Cement, one of Sri Lanka’s largest cement manufacturer and suppliers.

Servicing financiers, property developers, and construction companies, Kandiah Neelakandan leads a busy construction and real estate practice at Neelakandan & Neelakandan. The team is advising a foreign joint venture on the $60 million development of the five-star Sheraton Colombo Hotel, expected to be opened by June 2017.

The corporate and M&A team at Neelakandan & Neelakandan is providing the legal advice for a number of projects in industries ranging from telecommunications to insurance. Kandiah Neelakandan is acting for Samsung C&T, a Korean construction company, on its potential entry into Sri Lanka. Neelakandan is also working on distribution agreements in Sri Lanka for a joint venture between a global oil and gas company and an international chemical company.

Neelakandan & Neelakandan regularly advises large Sri Lankan and multinational corporations on dispute resolution. Kandiah Neelakandan obtained an arbitration award for Phil East Asia Construction, a Philippine company, against a hotel company. The award enforcement is before the High Court of Colombo. Saravanan Neelakandan advised Taisei, a Japanese construction company, in a contract dispute with the government before the Dispute Adjudication Board.

Neelakandan & Neelakandan has a well-establish energy and natural resources group, which covers a range of large projects for domestic and foreign clients – both financiers and developers. The practice continues to advise AES after the AES Kelanitissa Power Station project was completed in 2003.

Practice head Pranavan Neelakandan of Neelakandan & Neelakandan continues to handle matters for global brands, such as the team’s management of Google’s Sri Lankan trade mark portfolio. Its other clients include Samsung and Panasonic. Neelakandan is also advising BMW on trade mark and copyright infringement, specifically protected images, in Sri Lanka.

Neelakandan & Neelakandan’s projects group caters to domestic and foreign companies across infrastructure sectors. Saravanan Neelakandan has been representing Taisei, a Japanese construction company, and the China National Technical Import & Export Corporation on the $741 million Southern Transport Development project to build Sri Lanka’s southern expressway.

The shipping, maritime and aviation practice at Neelakandan & Neelakandan is growing fast, especially in shipping matters. The team regularly advises P&I insurance clubs, such as the North of England P&I Association. Kandiah Neelakandan and Pranavan Neelakandan advised a dry bulk shipping company on a potential arrest of bunkers owned by a Chinese shipping company.