Mr Vikram Nagrani > Hassans > Gibraltar, Gibraltar > Lawyer Profile

Hassans
Madison Building
Midtown
Queensway
GX11 1AA
Gibraltar

Work Department

Corporate and Commercial.

Position

Vikram is a longstanding Partner in Hassans’ Corporate and Commercial department and part of the Fintech Team.

Corporate & Commercial Work

With roots firmly seated in Hassans’ Corporate and Commercial Department for almost two decades, Vikram has substantial experience in all aspects of corporate transactional work and commercial projects, specialising in investment and finance structures as well as large corporate mergers and acquisitions. Vikram has advised numerous multinational companies on corporate matters and their international transactional work. In addition, he is very experienced in cross-border structures and transactions. Vikram also acts as an executive director on the boards of many internationally recognised companies, including on the board for many years on what was the acquisition and holding vehicle for the Walgreens Boots Alliance business.

Chambers & Partners Global, Chambers & Partners Europe and by Legal 500 have over the years reported sources saying the following about Vikram:

Fantastic to deal with.

Thoughtful and considered.

“An excellent lawyer with good commercial experience.

He cuts to the chase, delivers and has a good understanding of what you want.

He always prepares contracts in a very simple way to understand… he is extremely accessible.

He has extensive experience working with the firm’s international clients in cross-border transactions.

Private Client

As a fully qualified Trusts and Estate Practitioner, Vikram advises certain high net worth individuals and families on their personal and business matters, and assists with the structuring of personal wealth and business assets. Vikram also acts as an executive director for some of the Firm’s largest private clients, building close relationships with his clients and deeply understanding their businesses in order to provide real and effective management and control. He is well regarded as a trusted advisor to high net worth individuals and families.

As Chambers & Partners Europe reported from one source: “If you’re not in the country and don’t see the lawyer personally, you need to trust the person who is there; he is very responsive and responsible, which is convenient for us.

DLT/Blockchain

Vikram has a deep knowledge in all Distributed Ledger Technology matters, including AML/KYC issues, token issuances, security token offerings and licence applications under Gibraltar’s DLT Providers Regulations. He has also assisted with the development of the DLT regulatory framework in Gibraltar, including being involved in the drafting of Regulatory Guidance Notes to Gibraltar’s Distributed Ledger Technology Regulations and assisting with the draft regulatory framework for Tokens in Gibraltar.

Vikram has co-authored two Manuals on Virtual Currencies for the United Nations Office on Drugs and Crime, intended as training and educational manuals for law enforcement agencies and for regulators. He has participated in several notable fora and has also contributed to various international events and initiatives as a speaker and is considered a thought leader in the space.”

Vikram also serves as a Board Member of the Avalanche Foundation alongside some notable names in the Crypto industry.

Chambers Fintech reported from one source: “He is extremely knowledgeable, detail-orientated, and one of the highest quality professionals I’ve worked with. His service is outstanding.

Rankings

Vikram has for several years been consistently ranked by Chambers & Partners Global, Chambers & Partners Europe and by Legal 500 EMEA as a “Leading Lawyer” for Corporate, Commercial and TMT and FinTech.

Notable work

Some of the noteworthy Gibraltar law matters that Vikram has worked on are as follows:

  • Acting on the £11.7 billion management buyout of the Alliance Boots Plc, and its subsequent merger with Walgreens.
  • Leading the Gibraltar team on the first Gibraltar European cross-border merger of two listed e-gaming companies to create the world’s then-largest online gaming company in Gibraltar, the shares of which are listed on the London Stock Exchange.
  • Acting for a global retailer in respect of a bond refinance (transaction value in excess of US$400 million).
  • Leading the Gibraltar team on the simultaneous European cross-border mergers of three Gibraltar companies that formed part of the corporate group of a global luxury hotel resort brand into a legal entity incorporated in another European Member State.
  • Advising on and establishing a Gibraltar structure to facilitate the acquisition and financing of a German bank by certain private investors.
  • Advising on and assisting on the Gibraltar corporate aspects of a €1 billion bond issue by a global packaging company.
  • Acting for one of the world’s largest paper manufacturers on all Gibraltar aspects of a European-wide restructure and US$1 billion financing and, establishing a Gibraltar corporate structure to facilitate the same.
  • Acting for a joint venture partner in connection with the provision of finance and the acquisition of shares in a Cypriot company to act as the holding company of a group owning and developing numerous property portfolios in Bulgaria and Romania.
  • Advising on and establishing a Gibraltar corporate structure for the acquisition of three Boeing 747 freighter aircraft.
  • Advising a global luxury hotel brand on all Gibraltar aspects of a European-wide approx. US$1.2 billion financing and restructure and, establishing a Gibraltar corporate structure to facilitate the same.
  • Advising a globally notable family.

Background

A graduate of Cardiff University, Vikram attended Cardiff Law School as a member of the Middle Temple and was called to the Bar in England and Wales and in Gibraltar in 2001. Vikram is a qualified and full member of the Society of Trust and Estate Practitioners and, is also a qualified and practising Notary Public in Gibraltar. In addition, Vikram is an Executive MBA graduate of Cranfield School of Management.

Outside the office, Vikram served as a long-standing president of the Gibraltar Hindu Community for 12 years and, as a member of the Gibraltar Police Authority (a statutory body that oversees and ensures the probity and efficiency of the Royal Gibraltar Police) for over a decade. Vikram is presently a Governor of the University of Gibraltar.

Vikram is passionate about environmental and sustainability matters and regularly assists in the Firm’s environmental and sustainability initiatives, including the establishment of The Hassans Environmental Trust.

Career

Some of the more noteworthy transactions that Vikram has worked on are as follows:

*  Advising Telegram Group Inc. in connection with Gibraltar element of the 1st stage $850 million sale of rights to the ‘Gram’ token
*  Acting for various Gibraltar Token Sale projects
*  Acting for a global retailer in respect of a bond refinance (transaction value in excess of $400 million)
*  Acting in respect of the delivery of sale proceeds of a European pharmaceutical group (transaction value of over USD 17 billion)
*  Leading the Gibraltar team on the simultaneous European cross-border mergers of three Gibraltar companies that formed part of the corporate group of a global luxury hotel resort brand into a legal entity incorporated in another European Member State.
*  Leading the Gibraltar team on the first Gibraltar European cross-border merger of two listed e-gaming companies to create the world’s then-largest online gaming company in Gibraltar, the shares of which are listed on the London Stock Exchange.
*  Advising on and establishing a Gibraltar structure to facilitate the acquisition and financing of a German bank by numerous private investors.
*  Advising on and assisting on the Gibraltar corporate aspects of a EUR 1 billion bond issue by a global packaging company.
*  Acting for a joint venture partner in connection with the provision of finance and the acquisition of shares in a Cypriot company to act as the holding company of a group owning and developing numerous property portfolios in Bulgaria and Romania.
*  Acting for one of the world’s largest paper manufacturers on all Gibraltar aspects of a European-wide restructure and USD 1 billion financing and, establishing a Gibraltar corporate structure to facilitate the same.
*  Acting for, advising on and establishing a multi-tiered Gibraltar corporate structure in respect of the approx. GBP 11 billion MBO of one of Europe’s largest pharmaceutical groups.
*  Advising on and establishing a Gibraltar corporate structure for the acquisition of three Boeing 747 freighter aircraft.
*  Advising a global luxury hotel brand on all Gibraltar aspects of a European-wide approx. USD 1.2 billion financing and restructure and, establishing a Gibraltar corporate structure to facilitate the same.

Languages

English, Spanish

Memberships

Vikram is a contributor to the European Commission’s Blockchain Observatory and Forum providing industry and legal insight to assist in the reports to be published by the Observatory.

Vikram is also an inaugural member of the advisor board of ELONtech (the European Law Observatory of New Technologies) having delivered the first ELONtech workshop on “Token Sale Regulations and Best Practices” and participated in formal ELONtech roundtable discussions. (ELONtech is an association of international professional and academic advisors, liaisons and researchers who look to investigate, promote dialogue and deliver intelligence to EU policy-makers and the DLT business community about how legislative frameworks need to adapt to innovations in technology and practice and vice versa.)

Outside the office, Vikram has served as a long-standing president of the Gibraltar Hindu Community and is presently a member of the Gibraltar Police Authority (a statutory body that oversees and ensures the probity and efficiency of the Royal Gibraltar Police) as well as a panel member of the Gibraltar Office of Fair Trading.

Education

A graduate of Cardiff University, Vikram attended Cardiff Law School as a member of the Middle Temple and was called to the Bar in England and Wales and in Gibraltar in 2001.

Vikram is a qualified and full member of the Society of Trust and Estate Practitioners and, is also a qualified and practising Notary Public in Gibraltar. In addition, Vikram is an Executive MBA graduate of Cranfield School of Management.

Lawyer Rankings

Gibraltar > Commercial, corporate and M&A

(Leading individuals)

Vikram NagraniHassans

Lauded by one client as ‘the foremost law firm in Gibraltar‘, Hassans has ‘substantial experience in commercial, corporate and M&A‘ work. Among its key figures are Peter Montegriffo KC and Vikram Nagrani, who advise on trusts, joint ventures, M&A and international transactions. Senior partner James Levy CBE KCcontinues to be the leading light in the firm‘. Other standout names include consultant Michael Castiel, Ian Felice for commercial property investments and corporate restructuring, and Abigail Cornelio for corporate governance. Peter Montegriffo KC and cross-border transactional specialist Tim Garcia and Richard Buttigieg are also highly recommended.

Gibraltar > Fintech

Hassans ‘understands the DLT industry very well’ and has ‘particular strength in assisting local DLT providers with applications to the regulator’ and regulatory compliance. Headed by Anthony Provasoli with support from Aaron Payas and associate Jeremy Requena, the group has been a trusted advisor to many leading cryptocurrency businesses, DLT providers, fintech investors and early-stage start-ups on the structuring of their products, licensing and any related issues. Payas and Requena have developed a bespoke offering in the form of foundations for decentralised autonomous organisations (DAOs). Vikram Nagrani is highly experienced in anti-money laundering issues, token issuances, security token offerings and licence applications.

Gibraltar > Private client

Hassans‘ ‘diverse practice’ assists private clients across the gamut of matters, from securing residency, transferring assets, and international and local tax planning through to re-domiciling corporate vehicles and setting up trusts. The firm’s supporting Spanish office also routinely advises clients on tax planning, inheritance and residency in Spain. James Levy and Peter Montegriffo KC are the lead senior partners, and are ably assisted by Moses Anahory, whose practice focuses on setting up, administering and advising on offshore trust structures. Other key practitioners include Vikram Nagrani and senior associate Louise Federico.

Gibraltar > TMT

(Leading individuals)

Vikram NagraniHassans

With a history at the ‘forefront of TMT in Gibraltar’, Hassans highly regarded practice maintains its well-earned reputation in the fintech, online gaming and technology fields. Peter Montegriffo KC is a senior partner experienced in the financial services and gaming sectors; Andrew Montegriffo demonstrates an ‘exceptional level of expertise’ in gaming and gambling commercial arrangements; and fintech co-head Aaron Payashas extensive experience and expertise in the field of digital assets’. Fellow co-heads Vikram Nagrani and Anthony Provasoli have a wealth of knowledge in DLT matters.