Milbank Bolsters India Practice With Addition of New Attorney

News
April 28, 2011

FOR IMMEDIATE RELEASE
Sanjeet Malik
to join Global Corporate Group in Firm’s Hong Kong office

HONG KONG, April 28, 2011 – The international law firm Milbank, Tweed, Hadley & McCloy LLP is boosting its India and Asian M&A practices with the addition of Sanjeet Malik as Of Counsel in the firm’s Hong Kong office and a member of Milbank’s Global Corporate Group. Mr. Malik will help coordinate Milbank’s India practice, as well as handle a variety of cross-border corporate and financing transactions for Asia-based clients, working closely with Anthony Root, managing partner of the Milbank’s Hong Kong and Beijing offices, and David Zemans, managing partner of the firm’s Singapore office. Mr. Malik’s practice focuses on cross-border mergers and acquisitions, private equity and restructuring transactions, and he also has extensive experience in the acquisition and sale of distressed assets. His recent experience includes a leveraged buyout of one of the largest multi-brand retail chains in India and the auction of a major business unit of a telecom equipment vendor. Mr. Malik has also represented TPG Capital, one of the world’s largest private equity firms, in numerous transactions in India and Southeast Asia.

“Sanjeet has been widely recognized as a rising star in the Asia private equity and corporate market, and we are delighted to have him join us,” commented Mel Immergut, Milbank’s Chairman. “We look forward to leveraging his in-depth knowledge of the Indian and Asian markets and anticipate that this will allow us to continue to expand our services to meet the growing needs of our India and Asia clients.”

“We have seen an increased amount of work coming out of India,” said Glenn S. Gerstell, head of Milbank’s India Practice. “Since foreign law firms are not authorized to have an office there, we needed to build our resources nearby to meet the demands of our clients – whether companies located in India or strategic or financial investors outside of the country. The addition of Sanjeet to our Hong Kong office strengthens our capabilities in the region and will help us refine our focus on India.”

Mr. Malik received a J.D. degree from Cornell Law School, magna cum laude, in 2001, where he was an editor of the Cornell Law Review and was inducted into the Order of the Coif. He received an undergraduate degree in Electrical Engineering from University of Waterloo (Canada) in 1995, where he was a Canada Scholar from 1989 - 1991.

Milbank was one of the first law firms to become active in cross-border transactions involving India, starting with capital markets offerings by companies such as Tata Electric and Ranbaxy Laboratories Limited in the early 1990s. Since then, the firm has been involved in some of the largest transactions in the country, including the Reliance Petroleum Refinery project and more recently, last year’s US$10.7 billion acquisition by Bharti Airtel of the Zain Group’s mobile operations in 15 African jurisdictions, the largest ever cross-border emerging markets deal and one of the largest M&A and financing transactions involving an Indian company.

About Milbank

Milbank, Tweed, Hadley & McCloy LLP is a leading international law firm which has been providing innovative legal solutions to clients throughout the world for more than 140 years. Milbank is headquartered in New York and has offices in Beijing, Frankfurt, Hong Kong, London, Los Angeles, Munich, São Paulo, Singapore, Tokyo and Washington, DC.

The Firm’s lawyers provide a full range of legal services to the world’s leading commercial, financial and industrial enterprises, as well as to institutions, individuals and governments. Milbank’s lawyers meet the needs of our clients by offering a highly integrated and collaborative range of services across key practice groups throughout our global network. Milbank’s integrated practice is underpinned by our attorneys’ acknowledged technical excellence, sectoral expertise and a strong tradition of innovation and client service.