O’Melveny Shortlisted for “India International Capital Markets Team of the Year” by International Financial Law ReviewJune 03, 2011
FOR IMMEDIATE RELEASE
O’Melveny & Myers LLP
O’Melveny & Myers LLP
SINGAPORE -- JUNE 3, 2011 -- O’Melveny & Myers LLP has been shortlisted for International Financial Law Review (IFLR)’s “India International Capital Markets Team of the Year” Award. The winners will be determined at the Awards ceremony on July 7, 2011, in Mumbai, India.
Among the Firm's many achievements relating to India, O'Melveny has in recent months played a key role in the Government of India’s major disinvestments from the Indian power sector. In May 2011, O'Melveny acted as international counsel to Bank of America Merrill Lynch, Goldman Sachs, ICICI Securities, and JM Financial as underwriters in the US$1 billion further public offering of the equity shares of Power Finance Corporation Limited. Previously in 2010, the Firm acted as international counsel to JP Morgan, Goldman Sachs, ICICI Securities, and SBI Capital Markets in the US$1.7 billion further public offering of Power Grid Corporation of India Limited and as sole international counsel in the US$1.8 billion further public offering of NTPC Limited in which Citi, JP Morgan, Kotak, and ICICI Securities were underwriters. The Firm also acted as sole international counsel in the US$ 260 million further public offering of The Shipping Corporation of India Limited, in which SBI Capital Markets, ICICI Securities, and IDFC Capital were underwriters.
Singapore partner David Makarechian commented: “It is a huge honor for our India Practice to gain international recognition from such a prestigious publication as IFLR. We have built an excellent team of top capital markets lawyers who are experienced in international offerings out of India. Our team strives to give the highest level of service to our clients doing business in India. This recognition indicates that we are where we expected to be at this point of building our India practice, and we are very honored to be considered for this award.”
Pooja Sinha, lead counsel in the Firm's India capital markets team, added, "Given our relatively short history in this market compared to our competitors, the nomination is a reflection of the high quality execution that we bring to all our deals, however big or small".
"It's a pleasure to work with such a strong and experienced team,” said Singapore counsel Andrew Hutton. “It is especially gratifying that our clients and IFLR have recognized the quality of our work and the value we bring to transactions in India.”
IFLR is the industry’s trusted source for providing analysis and information on developments in financial markets law to in-house counsel and practitioners. Since 1982, IFLR has been providing unbiased and comprehensive news analysis on international deals, reports on legislative changes, practice issues, latest techniques, and best practice strategies.
About O’Melveny & Myers LLP's Asia Capital Markets Practice
O’Melveny began its practice in Asia nearly 25 years ago, and has established itself as one of the most respected and full service legal service providers in the region with offices in Beijing, Shanghai, Hong Kong, Singapore, and Tokyo. O’Melveny has a mix of lawyers native to the region and lawyers experienced with the complex US regulatory environment, making it uniquely capable of handling both SEC registered offerings and Hong Kong listings. The Firm is a market leader in capital markets for mainland China and Hong Kong, with strong countrywide penetration and track record for bringing good companies to the market. The Firm also has an impressive capital markets practice in India and Indonesia and has expanded into debt capital markets, including high yield offerings in China and Indonesia. Chambers Asia-Pacific 2011, the leading guide to the legal profession, cites O’Melveny as a leader in numerous categories including equity and debt transactions in China, Hong Kong, India, and Indonesia.
About O’Melveny & Myers LLP
With approximately 900 lawyers in 14 offices worldwide, O’Melveny & Myers LLP helps industry leaders across a broad array of sectors manage the complex challenges of succeeding in the global economy. We are a values-driven law firm, guided by the principles of excellence, leadership, and citizenship. Our commitment to these values is reflected in our dedication to improving access to justice through pro bono work and championing initiatives that increase the diversity of the legal profession. For more information, please visit www.omm.com.