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NO 97A, GALLE ROAD, COLOMBO 03, SRI LANKA
Tel:
Work +94 11 471 2625/628
Fax:
Fax +94 11 232 88417
Email:
Web:
www.nithyapartners.com

Sri Lanka

Banking and finance
Banking and finance - ranked: tier 1

Nithya Partners

Nithya Partners is active in the area of international bond issuances by corporate entities, and advises overseas banks on debt financing matters in Sri Lanka and on their proposals to enter the domestic market. The firm also acted in several of the bond issuances of the Government of Sri Lanka, acting as legal advisers to the issuer as well to the joint lead managers/underwriters. Leading the practice is the ‘fantasticNaomal Goonewardena, who recently acted as the local legal counsel for the Netherlands Development Finance Company in relation to a senior secured term loan facility to Sanasa Development Bank PLC.

Leading individuals

Naomal Goonewardena - Nithya Partners

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Corporate and M&A
Corporate and M&A - ranked: tier 1

Nithya Partners

Known for ‘approachability and speed of service’, Nithya Partners  is ‘one of the top firms for corporate matters.’ Its ability to deal with complex corporate and M&A matters is in large part thanks to the ‘sharp mind with business know-how’ of team leader Dr. Arittha R Wikramanayake. Chairman of the Company Law Advisory Commission, adviser to the Lanka Angels Network, and a member of the Agency for International Trade, he is a ‘very respected legal mind’ who is ‘able to think out of the box.’ The team also contains the experienced Nirusha Ranjitkumar Ratnatunga, who recently acted for Janashakthi Insurance PLC in the sale of its wholly owned subsidiary Janashakthi General Insurance PLC to Allianz SE.

Leading individuals

Arittha Wikramanayake - Nithya Partners

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Dispute resolution
Dispute resolution - ranked: tier 1

Nithya Partners

Nithya Partners has ‘an in-depth knowledge of businesses and their industries’ and focuses on corporate, commercial, banking, financial, infrastructure and project-related disputes. The firm specialises in complex and unconventional matters and generally handles its own advocacy. In this regard, ‘charismatic’ practice co-head Chanaka De Silva ‘is well recognised for his all-round legal and business knowledge and brilliant delivery of any argument.’ His forte is in the fields of alternate dispute resolution and litigation, in which he is ‘a diligent, strategic and sharp thinker who carries a high degree of respect in the Attorney General's Department and judiciary.’ Jointly heading the team is ‘unique asset’ Aruna Samarajeewa, who is known as ‘very tactful, highly dependable and helpful.

Leading individuals

Chanaka De Silva - Nithya Partners

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Intellectual property
Intellectual property - ranked: tier 3

Nithya Partners

The ‘strongly recommended’ team at Nithya Partners, which is led by Dr.D. M. Karunaratna and Chanaka De Silva, ‘is thorough and extremely professional,’ providing ‘in-depth knowledge and safeguarding clients’ interests’. It covers the spectrum of contentious and non-contentious IP matters, including the management of industrial design portfolios and a high volume of trade mark portfolio due diligence in relation to M&A deals. The firm continues to handle the trade mark portfolio of Maliban Biscuit Manufactories, which comprises over 200 trade marks.

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Projects and energy
Projects and energy - ranked: tier 1

Nithya Partners

Known for expertise in the project finance field in Sri Lanka, Nithya Partners has advised clients on projects involving power and energy, telecoms, transport and port development. In the power and energy sector, the firm has advised on a number of independent power and small hydro projects for clients in Sri Lanka as well as abroad. The firm has experience advising on the RFP stage of projects right through to final commissioning and commercial operation. Practice head Chanaka De Silva is currently advising the Government of Sri Lanka on setting up the legal framework of the National Agency for Public Private Partnership of the Ministry of Finance, with a focus on enhancing its capacity.

Leading individuals

Chanaka de Silva - Nithya Partners

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Real estate and construction
Real estate and construction - ranked: tier 1

Nithya Partners

Strongly recommendNithya Partners is known as ‘one of the best firms for real estate’ in Sri Lanka. It advises on commercial, residential and agricultural property development as well as purchases and sales, and also handles leasing matters for local corporations and individuals. The practice is headed by the ‘extremely professionalSamadhi Gajaweera, who knows how to ‘highlight risks in a very articulate manner’. She is supported by new arrival Oshini Siriwardhana, who specialises in property law and conveyancing-related matters, she is an ‘excellent and thorough associate, really prompt with her response times’.

Leading individuals

Samadhi Gajaweera - Nithya Partners

Next generation lawyers

Oshini Siriwardhana - Nithya Partners

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Tax
Tax - ranked: tier 1

Nithya Partners

Nithya Partners has a strong reputation for litigation and advice relating to both direct and indirect taxes. It assists clients in tax appeals before the Tax Appeals Commission, and represents clients in negotiations with the tax authorities. Leading the practice is founding partner  Naomal Goonewardena, who recently advised Kegalle Plantations PLC on an issue related to whether a supply of rubber trees can be considered as an exempt supply in terms of the VAT Act No.14 of 2002.

Leading individuals

Naomal Goonewardena - Nithya Partners

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