India Business Law Journal noted that Reed Smith “is a magnet for high-profile matters involving Indian parties.”
In its article, India Business Law Journal highlighted two significant matters involving the firm. These included acting for ICICI Bank and four other Indian banks in obtaining a judgment for more than $2.2 billion in the UK Commercial Court, against 10 entities in the GVK Group; and advising an Indian pharmaceuticals company in its defence of a $1 billion LCIA arbitration brought against it by a U.S. pharmaceuticals entity.
The article quotes Samrat Mitra, general manager for corporate, finance and M&A at GMR Group, who noted that: “Reed Smith is excellent in resolving issues in the interest of deal closure while protecting our interests.”
Finance partners Sarah Caldwell and Nathan Menon were praised for being very good listeners who understand the requirements and provide appropriate solutions.
Another client praised Gautam Bhattacharyya, chair of Reed’s Smith’s India business team: “[He] has excellent knowledge of the Indian legal system and is very well connected in India.”
India Business Law Journal selected law firms onto this listing of key players due to their “dynamic and blossoming practices, not to mention the respect clients show for their India experts.”
Reed Smith has received multiple recognitions and accolades in recent years from India Business Law Journal. The full article can be found on the publication’s website.