Neupane Law Associates > Kathmandu, Nepal > Firm Profile

Neupane Law Associates
2ND FLOOR, CENTRAL BUSINESS PARK
THAPATHALI ROAD
KATHMANDU 44600
Nepal

Nepal > Leading firms Tier 1

Neupane Law Associates has strength in advising clients on a range of matters, especially on international transactions and disputes. Its dispute resolution practice assists in international arbitrations, litigation and shareholders disputes, while the firm also acts for clients on corporate matters, such as M&A, joint ventures, banking and project finance mandates. Co-head of the practice, Balkrishna Neupane is noted for his litigation expertise before the Supreme Court and High Courts. Anjan Neupane, as the second co-head of practice, specialises in aviation, banking, dispute resolution and M&A. Of note at associate level is Sijan Guragain, who is experienced in litigation, arbitration, banking and joint ventures.

Practice head(s):

Balkrishna Neupane; Anjan Neupane

Other key lawyers:

Testimonials

‘The firm has sound legal knowledge that meets the client’s needs. It uses the latest technology for drafting and filing of court or arbitration documents.’

‘Anjan Neupane is very precise and clearly understands any case he handles.’

‘The young lawyers bring new and fresh perspectives, and all of them have extensive knowledge on local and global perspectives.’

‘The firm always produces high-quality work. The contracts they draft are always thorough and well drafted. They are also clear in terms of advice.’

‘They have an excellent team and are very easy to work with.’

‘The team is good at providing legal opinions and has extensive knowledge.’

‘The firm is always responsive, proactive and impressively efficient.’

‘Anjan Neupane demonstrates excellence. He delivers solid expert reports on a variety of subject matters touching upon Nepali tax law and practices. He truly masters the regulations and is able to distil them to any layman, including an arbitral tribunal that does not have expertise on the subject.’

Key clients

Unilever Nepal Limited

US Development Finance Corporation

Hard Rock Limited

Hilton

Marriott International Inc.

Government of Nepal, Ministry of Law

Visa Worldwide Pte. Ltd.

Phillip Morris

Belgian Investment Company for Developing Countries

Daraz Nepal

International Finance Corporation

Cathay Pacific

Singapore Airlines

PowerChina

Texmaco Railway and Engineering

Renew Power

Walkaroo Group

Dish Media Network

Saisan Co. Ltd.

Sita BV

IDEMIA

Tetra Pak Nepal Pvt. Ltd.

Bolt

Indriver

Apar Industries

Thomson Nepal

China EXIM Bank

Centuryply Limited, India

Som Frangnances, India

BlueOrchard Finance

Sinosure

Kajaria Ceramics Limited

ResponsAbility Investments

General Electric

Bupa Insurance

FMO

Work highlights

  • Represented the government of Nepal as Nepalese corporate and tax law expert in ICISD investment arbitration claim filed by Ncell and Axiata.
  • Advised Karjaria Ceramics Limited, India in joint venture with Ramesh Corp to form Kajaria Ramesh Tiles Limited.
  • Advised Belgian Investment organization for development countries in USD 25 million loan to NMB Bank Limited.

Neupane Law Associates is a leading corporate law firm in Nepal. Our key practice areas include arbitration, banking, corporate, construction, foreign investment, joint ventures, mergers and acquisitions, project finance, property, technology, taxation and litigation. We work with banks and financial institutions, multinational companies, international organizations, Nepal’s leading corporates and as local counsel to international law firms. We have a proven track record of providing innovative solutions in high-value, complex and cross-border transactions and disputes.

Founded by one of Nepal’s leading lawyers over 35 years ago, our team consists of lawyers with training and education in highly regarded universities in the UK, USA and Europe. Our lawyers have both in-depth local expertise of Nepalese and international law and practice, and ethics and service delivery of the highest international standards. The firm has consistently achieved top-tier rankings from major international law firm directories: Chambers & Partners (Band-1), The Legal 500 (Tier-1) and IFLR1000 (Recommended). They have recognized us for our technical skill and expertise; timely, detail-oriented and professional service; and business focused, commercial and practical legal advice. We strive to deliver these qualities in each and every mandate that our clients entrust us with.

Department Name Email Telephone
Head of corporate Anjan Neupane anjan@neupanelegal.com +9770-1-590 1652
Photo Name Position Profile
Keshav Adhikari photo Keshav Adhikari Senior Consultant
Tej Bahadur Katuwal photo Tej Bahadur Katuwal Partner
Balkrishna Neupane photo Mr Balkrishna Neupane Senior Partner
Anjan Neupane photo Anjan Neupane Partner
Partners : 3
Of Counsel/Consultants : 3
Associates : 10
English
Nepali
Hindi
IBA (International Bar Association)
Nepal Bar Association

Banking and Finance

  • Bank of China and other lenders in $200 million financing for the Hongshi-Shivam Cement Project 
  • FMO, DEG, OFID, and other Nepali lenders in $142.5 million financing for 82MW Lower Solu Hydropower Project 
  • International Finance Corporation, NIC Asia Bank and HIDCL in $90 million financing for 37MW Kabeli A Hydropower
  • Deutsche Bank in undertaking various banking transactions with Nepalese counterparties 
  • Julius Baer Banking Group in undertaking banking and derivative transactions with counterparties involving various Nepalese commercial banks 
  • SAARC Development Fund in drafting of its standard loan documentations for use in Nepal 

M&A and Joint Ventures

  • Closure System International in the sale of its Nepal subsidiary to Pact Group
  • Daraz Group in the sale of Daraz Nepal to Alibaba Group
  • CCK Power Group in the acquisition of 138MW Upper Marshyangdi-1 hydropower project
  • Saisan in the acquisition of 51% stake in NL Gas Udhyog Ltd., a leading gas company in Nepal
  • Himalayan Infrastructure Fund in joint venture with Tibet Airlines and Yeti World Investment to form the largest aviation joint venture in Nepal – Himalaya Airlines
  • Euronet Worldwide in the acquisition of global operations of IME, largest remittance company in Nepal
  • A leading A-Class commercial bank in Nepal and its key shareholders in the potential sale of 15% stake to a foreign multilateral strategic investor 
  • Viettel Telecom in the potential acquisition of a majority stake in one of the largest telecom companies in Nepal

Corporate/Commercial

  • Marriott International in undertaking management and licensing agreements for Marriott and Fairfield brand hotels 
  • Hilton in undertaking management and licensing agreements for DoubleTree hotels 
  • Uber in market entry and establishment of subsidiary in Nepal 
  • Milvik in market entry and establishment of subsidiary in Nepal 
  • Kansai Power in regulatory aspects of electricity business in Nepal 
  • ICBC Financial Leasing in leasing of two Aribus-A320s to Himalaya Airlines
  • China Development Bank Leasing inleasing of two Aribus-A320s to Himalaya Airlines
  • Patron Spirits in undertaking distribution agreements with Nepalese distributor 

Dispute Resolution

  • Nissan Motors in defending various lawsuits filed by previous distributor following non-renewal at District Court, High Court and Supreme Court 
  • Northern and Western Insurance Company in defending reinsurance claim filed by a Nepalese insurance company 
  • Mesra Saksama in connection to shareholder dispute claim at the High Court against an internet service provider
  • Marriott International in trademark protection and enforcement issues related to its trademarks 
  • Pernod Ricard in advice on disputes related to termination of its agreement with a Nepalese distillery 
  • Ganpati Tobacco in dispute relating to the ownership of ‘Raj Niwas’ trademark 


Banking and Finance

  • Bank of China and other lenders in $200 million financing for the Hongshi-Shivam Cement Project 
  • FMO, DEG, OFID, and other Nepali lenders in $142.5 million financing for 82MW Lower Solu Hydropower Project 
  • International Finance Corporation, NIC Asia Bank and HIDCL in $90 million financing for 37MW Kabeli A Hydropower
  • Deutsche Bank in undertaking various banking transactions with Nepalese counterparties 
  • Julius Baer Banking Group in undertaking banking and derivative transactions with counterparties involving various Nepalese commercial banks 
  • SAARC Development Fund in drafting of its standard loan documentations for use in Nepal 

M&A and Joint Ventures

  • Closure System International in the sale of its Nepal subsidiary to Pact Group
  • Daraz Group in the sale of Daraz Nepal to Alibaba Group
  • CCK Power Group in the acquisition of 138MW Upper Marshyangdi-1 hydropower project
  • Saisan in the acquisition of 51% stake in NL Gas Udhyog Ltd., a leading gas company in Nepal
  • Himalayan Infrastructure Fund in joint venture with Tibet Airlines and Yeti World Investment to form the largest aviation joint venture in Nepal – Himalaya Airlines
  • Euronet Worldwide in the acquisition of global operations of IME, largest remittance company in Nepal
  • A leading A-class commercial bank in Nepal and its key shareholders in the potential sale of 15% stake to a foreign multilateral strategic investor 
  • Viettel Telecom in the potential acquisition of a majority stake in one of the largest telecom companies in Nepal

Corporate/Commercial

  • Marriott International in undertaking management and licensing agreements for Marriott and Fairfield brand hotels 
  • Hilton in undertaking management and licensing agreements for DoubleTree hotels 
  • Uber in market entry and establishment of subsidiary in Nepal 
  • Milvik in market entry and establishment of subsidiary in Nepal 
  • Kansai Power in regulatory aspects of electricity business in Nepal 
  • ICBC Financial Leasing in leasing of two Aribus-A320s to Himalaya Airlines
  • China Development Bank Leasing inleasing of two Aribus-A320s to Himalaya Airlines
  • Patron Spirits in undertaking distribution agreements with Nepalese distributor 

Dispute Resolution

  • Nissan Motors in defending various lawsuits filed by previous distributor following non-renewal at District Court, High Court and Supreme Court 
  • Northern and Western Insurance Company in defending reinsurance claim filed by a Nepalese insurance company 
  • Mesra Saksama in connection to shareholder dispute claim at the High Court against an internet service provider
  • Marriott International in trademark protection and enforcement issues related to its trademarks 
  • Pernod Ricard in advice on disputes related to termination of its agreement with a Nepalese distillery 
  • Ganpati Tobacco in dispute relating to the ownership of ‘Raj Niwas’ trademark 

Anjan Neupane, Partner

Partner Anjan Neupane explains how the firm is adapting to changing needs of clients.

What do you see as the main points that differentiate Neupane Law Associates from your competitors?

The international quality of work, in-depth expertise of the market we operate in, commercial approach, and proactive service offered by Neupane Law Associates is the key difference between us and other law firms.

Which practices do you see growing in the next 12 months? What are the drivers behind that?

Key practice area growing in the next 12 months is venture capital. Main driver behind that is the growth in start-ups in Nepal and a massive interest in investing in growth companies. Other practice areas that are expected to grow is international project finance of power and infrastructure project.

What’s the main change you’ve made in the firm that will benefit clients?

Nepalese law is currently changing rapidly with federalism and new constitution being implemented. Therefore, we are sending out updates to all clients on the rapidly changing legal developments.

Is technology changing the way you interact with your clients, and the services you can provide them?

Yes, use of technologies such as email, videoconference, teleconference, cloud computing is changing interaction with our clients.

Can you give us a practical example of how you have helped a client to add value to their business?

We are adding value to our client’s business in every work we do, otherwise client’s would not hire us at all. Recently, we helped a very innovative startup raise capital from international sources. It was the first time the client was entering into such transactions and did not have any knowledge. They highly appreciated our hands on approach.

Are clients looking for stability and strategic direction from their law firms – where do you see the firm in three years’ time?

Neupane Law Associates is currently a leading corporate law firm in Nepal. Our aim in the next three years would be to maintain this position and also to be clearly recognizable as head and shoulders above the rest. We also plan to increase the size of our firm by promoting existing associates into partners or through lateral hire.