Issue 11 2019

18 Acquisition International - Issue 11 2019 Sep19182 Lex Favios is a multi-disciplinary Law Firm in India, which offers wide range of corporate advisory and legal services. The Firm is headed by Managing Partner Sumes Dewan, a renowned lawyer who was recently selection in Acquisition International’s Leading Adviser 2019, Lex Favios is dedicated to finding practical solutions that produce tangible and cost effective results for its clients. We take a closer look at the exceptional services the team at Lex Favios consistently provides to their clients under the award-winning leadership of Sumes Dewan. ith offices in both Delhi and Mumbai, Lex Favios advises clients on the structuring and setting up of operations in India, as well as the legal, regulatory and tax aspects of doing business in the country. In addition to this, the Firm also advises clients on issues relating to acquisition of both Indian and overseas companies and assists with issues such as banking & finance, insolvency and dispute resolution. At the helm, is Lex Favios’ Managing Partner, Sumes Dewan who specializes in Foreign Investment in India, Project Financing, Corporate Laws, Joint Ventures, Cross Border and Taxation Issues to name but a few. Alongside this, he has also been advising clients on issues relating to acquisitions of both Indian and overseas companies, which includes structuring of the transaction and other governmental regulations applicable to such transactions. Throughout his career, Sumes has been recognized countless times for his remarkable work over the years, which includes being selected in Acquisition International’s Leading Adviser 2019 where he was righteously awarded the accolade Leading Banking and Securities Lawyer of the Year, India. Supporting Sumes in his quest to deliver an exceptional service which surpasses all expectations, is the talented, experienced and committed team which forms the backbone of Lex Favios. The Firm has sector specific within different areas of practice and the ability to provide sector specific advice to clients in various areas of practice, such as Banking & Finance, Hospitality Real Estate, Private Equity. Since Lex Favios’ inception, the Firm has developed an entire team of leading lawyers who are each devoted to provide a proactive and problem solving approach towards the clients they work alongside. Mr. Indranil Ghosh, Ms. Rupul Jhanjee and Kriti Sharma are some of the key legal experts part of Lex Favios team. Throughout the years, the team at Lex Favios have worked alongside a diverse range of clients, including Godrej Consumer Products Limited in the FMCG Sector, whilst in the Hospitality industry represents business such as Carlson Group of Hotels, Intercontinental Hotels. Accor Group of Hotels and Marriot Hotels. In the Banking & Finance domain, the firm represents State Bank of India, Reliance Home and Aditya Birla Finance. Lastly, on the Infrastructure side, Lex Favios represents key clients such as Trina Soar, China, Steel Authority of India and National Hydel Projects. Ultimately, most of Lex Favios’ opportunities to work with new client bases is due to referrals from some of their current clients. Practical Solutions. Cost Effective Results. W Aside from establishing a strong client base, delivering exceptional services and exceeding expectations, Lex Favios have had to overcome challenges which have arisen within their respected industry. For instance, one of the key challenges is that foreign law firms are not permitted to set up a practice in India, and the same policy does not enable Indian law firms to be part of large multi- jurisdictional transactions. As a result of this, Lex Favios has become part of Legal Netlink Alliance consortium of European and US Law Firms, which enables their clients to offer services in all global jurisdictions and be part of transactions in multi-jurisdictions. The same has helped Lex Favios to overcome one of the key challenges the Firm have faced. Moving forward, the team at Lex Favios are keen to expand its global footprint, looking at ways of setting up additional offices in other cities throughout India. Currently, the Firm are in the midst of hiring legal experts in different areas of practice, to offer services to both new and existing clients in diverse areas of practice. Finally, the Lex Favios team hope to offer new areas of practice to its clients in the years to come. With Sumes Dewan leading the way, the firm look to have a bright and promising future ahead of them. Contact: Sumes Dewan Company: Lex Favios Address: E-277 Greater Kailash-I, New Delhi, 110048, India Telephone: +91 9811 113 391 Web Address: www.lexfavios.com “...the Firm has developed an entire team of leading lawyers who are each devoted to provide a proactive and problem solving approach...”