The Legal 500

Within Banking and finance, Nithya Partners is a first tier firm,

Nithya Partners’ well-established banking group advises clients on complex matters including financial market products. It has recently handled matters for Liege Capital, Standard Chartered Bank and BNP Paribas. Naomal Goonewardena is recommended.

Within Corporate and M&A, Nithya Partners is a first tier firm,

Nithya Partners has experience in the public and private sectors, and handles high-value and complex corporate and M&A transactions for international and Sri Lankan clients. It advised Asiri Hospital Holdings plc on purchasing 39% of Asiri Surgical plc, while other notable clients include Dialog Axiata plc and the Sri Lanka Institute of Nanotechnology. Associate Shayanga Fernando is recommended.

Within Dispute resolution, Nithya Partners is a first tier firm,

Nithya Partners is currently acting for Lanka Orix Leasing Company, Sampath Bank plc and Universal Cable Berhad. The firm mainly deals with commercial litigation, but also handles customer and consumer litigation. It recently assisted Litro Gas Lanka, in an arbitration involving requested specific performance by the consumer affairs authority. The ‘highly professional’ Chanaka De Silva heads the team, supported by the ‘pragmatic’ Aruna Samarajewa.

Within Legal market overview,

Nithya Partners is the leading firm for tax work, and has developed a top-tier practice in a number of other key areas.

Within Projects and energy, Nithya Partners is a first tier firm,

Nithya Partners is currently advising Aitken Spence plc in finalising the agreements relating to the development of the south container terminal under the Colombo South Port development project. It also advised Bartleet Mallory Stockbrokers and Bartleet TransCapital on the sale of a 50% shareholding in the former to Religare Enterprises. Chanaka De Silva is noted for his ‘expertise, experience and intelligence’.

Within Real estate and construction, Nithya Partners is a second tier firm,

Nithya Partners recently acted for Sri Lanka’s largest retail outlet, Odel plc, on the purchase of land for the construction of a new store; the transaction was significant because the relevant planning guidelines were unclear. Samadhi Gajaweera heads the team.

Within Tax, Nithya Partners is a first tier firm,

Nithya Partners recently represented Sri Lanka Telecom plc in the Court of Appeal in relation to a deemed dividend tax issue. Other clients include Ace Cargo, Asian Paints, Lanka Walltiles plc, Ranfer Teas Lanka and the Hirdaramani Group. The practice includes compliance and advisory work. Naomal Goonewardena heads the team.