Shearman & Sterling LLP multinational law firm headquartered in New York City, United States.

News Jul 26, 2017

Shearman & Sterling Named One of the “Top 10 Foreign Law Firms in India” by India Business Law Journal

Shearman & Sterling was recognized as one of the “Top 10 Foreign Law Firms in India” by India Business Law Journal’s Foreign Law Firm Intelligence Report for the depth and breadth of the firm’s India cross-practice capabilities in serving India-focused clients.

The top 10 international law firms were chosen based on their size, multi-industry capabilities and geographic coverage, as well as their relationships with Indian companies and law firms, enabling these firms to be consistently retained as counsel on complex and high-profile transactions involving Indian parties.

The firm’s dedication to providing high-quality and innovative legal advice on the following India-related transactions also earned “Deal of the Year” awards, which were featured in India Business Law Journal’s January 2017 edition.

  • Synnex’s acquisition of Minacs Group. Represented CX Partners and Capital Square Partners in the approximately $420 million sale of Minacs to Concentrix Global Holdings Inc., a subsidiary of Synnex Corporation.
  • Acquisition of GE Capital. Represented General Electric Corporation in the sale of its commercial lending and leasing businesses in India, GE Capital Services India (GE Capital) and GE Money Financial Services Private Limited (GE Money), to a consortium of former GE Capital management backed by AION Capital Partners.
  • HT Global IT Solutions’ senior notes. Represented the underwriters in the US$300 million 7% senior notes offering by HT Global IT Solutions Holdings Limited.
  • Greenko’s green bonds. Represented Greenko Energy Holdings and Greenko Investment Company in connection with the offering of US$500 million 4.875% senior notes due 2023 by Greenko Investment Company, which marked India’s first high yield green bond issuance.

Now in its 11th year, the Foreign Law Firm Intelligence Report drew on an analysis of more than 600 law firms that documented deals and cases with an Indian element in the past 12 months. Results were based on rigorous research, in-depth editorial experience and consultation with corporate counsels, Indian law firms and a burgeoning network of contacts.