Established in 1999, Dentons Link Legal is a full service corporate and commercial law firm with over 40 partners and 150 lawyers across multiple practice areas. With offices across all major Indian cities and access to more than 200 offices in more than 80 countries of Dentons’ combination firms across the world, Dentons Link Legal is equipped to assist you in achieving your business objectives with the help of a team of experienced, well trained and qualified lawyers. The Firm’s clientele includes some of India’s leading corporate groups, public sector undertakings, public sector and private banks, private individuals, and multinational corporations across the world.
Link Legal advised the Malpani Group, an acclaimed name in the FMCG & Hospitality industry in the Country, on structuring and acquisition of Imagicaaworld Entertainment Limited (IEL), an entity promoted by Mr. Manmohan Shetty and listed on the Indian stoc
India
Link Legal advised the Malpani Group, an acclaimed name in the
FMCG & Hospitality industry in the Country, on structuring and
acquisition of Imagicaaworld Entertainment Limited (IEL), an entity
promoted by Mr. Manmohan Shetty and listed on the Indian stock
exchanges.
This structured Transaction stands out as one of India's
first few successful resolutions in the listed space outside the
IBC domain, involving resolution of a stressed account through
assignment of debt coupled with acquisition of management &
control of IEL and conversion of portion of the outstanding debt
into equity, under the extant RBI framework of Resolution of
Stressed Assets.
The Transaction team at Link Legal advising MPG was led by
Milind Jha (Partner) and Aditya
Bhardwaj (Associate Partner), supported by Shailender
Sharma (Principal Associate), Tamilarasi A Mudaliar (Associate),
Dewang Khandelwal (Associate) and Vishnushree Dalmia
(Associate).
The Lenders' consortium was advised by Cyril Amarchand
Mangaldas whilst DSK acted for IEL in the Transaction.
Contributor
Established in 1999, Dentons Link Legal is a full service corporate and commercial law firm with over 40 partners and 150 lawyers across multiple practice areas. With offices across all major Indian cities and access to more than 200 offices in more than 80 countries of Dentons’ combination firms across the world, Dentons Link Legal is equipped to assist you in achieving your business objectives with the help of a team of experienced, well trained and qualified lawyers. The Firm’s clientele includes some of India’s leading corporate groups, public sector undertakings, public sector and private banks, private individuals, and multinational corporations across the world.