TLT has appointed Anand Verma as a lawyer (Indian qualified) in its London office to strengthen the firm’s Indian practice.
An expert in banking and finance, Anand joins from Indian law firm IndusLaw where he practiced banking and finance, corporate restructuring and insolvency. Prior to that, he spent four years working at ICICI Bank where he managed complex corporate lending transactions.
TLT has a long history of working alongside its Indian clients to grow and protect their businesses, including acting on major cross-border recovery actions, restructurings and new lending. The team has grown in recent years and, with India being a key part of the firm’s international growth strategy, continues to expand the depth and breadth of work done across the whole firm with an Indian angle.
Anand says: “TLT is well known in India and the UK for its high profile work for Indian banks. I am looking forward to building on this reputation and helping to establish new relationships as part of TLT’s ambitious international growth strategy.”
Kanika Kitchlu-Connolly, partner and joint head of TLT’s Indian practice, says: “We are so pleased to welcome Anand to the team. He brings with him a wealth of experience that will be invaluable to our clients as we act on increasingly complex cross-border cases for Indian banks and other businesses.”
TLT is ranked as a top 15 firm by India Business Law Journal. It is continuing to act for a consortium of 13 Indian banks led by State Bank of India enforcing a £1.145bn debt judgment against Indian businessman Vijay Mallya. The team also recently secured a US$239m debt judgment for IDBI Bank against a Cypriot subsidiary of Indian-based Essar Shipping Group.
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