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Sri Lanka : Banking and finance
Within Banking and finance, Nithya Partners is a first tier firm,
The ‘excellent’ Nithya Partners ‘has grown with the financial markets in the last few years’. Recent highlights include providing assessments for a number of banking clients on their potential entry into the Sri Lankan market. The firm advises on Islamic financing, and advised Amana Asset Management in relation to a sharia-compliant securitisation. Head of department Naomal Goonewardena ‘remains a go-to person in terms of financial sector issues’, and associate Vindya Hettige has ‘good business sense’.
Sri Lanka : Corporate and M&A
Within Corporate and M&A, Nithya Partners is a first tier firm,
The three-partner team at Nithya Partners is ‘well respected’, and advises local and international corporate clients as well as regulatory bodies in Sri Lanka. Arittha Wikramanayake’s team recently assisted Calamander Group International in its acquisition of Unawatuna Beach Resort.
Sri Lanka : Dispute resolution
Within Dispute resolution, Nithya Partners is a first tier firm,
‘Commercially savvy’ firm Nithya Partners provides ‘extremely incisive and practical solutions’, with recent work including acting in a number of arbitration proceedings. Joint head of department Chanaka de Silva is currently advising Eco Power Global in a $3m dispute with the Government of Rwanda concerning a hydropower project.
Sri Lanka : Intellectual property
Within Intellectual property, Nithya Partners is a third tier firm,
Nithya Partners operates in a ‘cost-effective manner’, and is noted for its understanding of clients’ businesses. Clients include Citizen Development Finance and Central Plaza Hotels. Head of department Aruna Samarajeewa, Arittha Wikramanayake and Chanaka de Silva are recommended. Dr Karunaratna is set to join as head of intellectual property from his previous position as Director General of the Intellectual Property Office of Sri Lanka.
Sri Lanka : Projects and energy
Within Projects and energy, Nithya Partners is a first tier firm,
Chanaka de Silva leads a six-fee-earner team at Nithya Partners which advises domestic and international clients including US and European companies. Aitken Spence plc remains a client; the firm has recently advised the company in relation to its exit from a joint venture project to develop a terminal of the Colombo South Port.
Sri Lanka : Real estate and construction
Within Real estate and construction, Nithya Partners is a first tier firm,
The ‘very good’ team at Nithya Partners is noted for its ‘sound advice’, ‘timely responses’ and ‘good business acumen’. It is currently advising Odel plc on the purchase and leasing of land for the expansion of warehouses and outlets. Clients include Rajawella Holdings and Calamander Group International. Arittha Wikramanayake is recommended.
Sri Lanka : Tax
Within Tax, Nithya Partners is a first tier firm,
The ‘well-respected’ Naomal Goonewardena is dual qualified as a solicitor and accountant, and heads the team at Nithya Partners, which focuses on advisory work. Key highlights included acting for Heladhanavi in an ongoing dispute with the Ceylon Electricity Board, and advising on the issue of deductibility in separate matters for ICICI Bank (Colombo) and CEI Plastics. Other clients include Tudawe Brothers, ATG Gloves Group, and Commercial Bank of Ceylon.
Further information on Nithya Partners
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Offices in Colombo