Asialaw Profiles
The Guide to the legal markets of the Asia-Pacific

Talwar Thakore & Associates is a “standout law firm for banking and finance advice in India”, says one client. Ably supported by its ‘best friend’ Linklaters, the firm has enjoyed a steady stream of quality transactions this year. The technical ability at the firm is of high quality, with clients praising the firm’s sophistication. “The firm gets two to three deals from us a year, but these tend to be more complex than any others,” says one. “We know that it has the bandwidth to handle such specific matters with attention and ability.” A firm team, led by partners Kunal Thakore and Narayan Iyer, advised Standard Chartered Bank and JP Morgan as mandated lead arrangers on Vedanta’s acquisition of a controlling stake in Cairn India. This expertise and attentive service is appreciated by clients, with one saying: “Through working with the firm, we know that it won’t stretch beyond its core competence. We recognise and appreciate that it won’t expand at the expense of its quality of service.”

Talwar Thakore & Associates retains its place in the rankings with its work in transactions such as client BP’s landmark acquisition of a 30% stake in 23 oil and gas production blocks from Reliance Industries. The transaction was valued at US$9 billion and is reported to be one of the largest ever M&A transactions in India. It was led by partner Narayan Iyer and completed in February 2011.