Groupe Renault (France) is rebalancing its global alliance with Nissan Motor Corporation (Japan) by restructuring the shareholding and ownership interests in Renault Nissan Technology & Business Centre India Private Limited and Renault Nissan Automotive India Private Limited.
This also involved realigning the licensing of certain high-value intellectual property between Renault and Nissan.
Luthra and Luthra Law Offices India advised Renault on this restructuring.
The transaction team was led by Shinoj Koshy (Partner), and was assisted by Associates Anshul Semwal, Radhika Malpani and Shreya Gajbhiye.
Hogan Lovells Japan also advised Nissan on the strategic and legal aspects of the restructuring of this deal.
The team was led by Corporate and Finance partner Jacky Scanlan-Dyas, with support from counsel Viet Nguyen and associate William Tan. Additional support was provided by partner Xavier Doumen (Paris), senior associate Chantalle Schoegje (Amsterdam), associate Thomas Gluzman (Paris), and paralegal Yuzumi Tsubaki, with assistance on IP matters provided by Office Managing Partner Dr. Frederick Ch’en and consultant Kyal Hill.
AZB & Partners acted as local Indian legal counsel on the deal for Nissan.
This deal is the largest restructuring in the automobile sector in India.
If you would like your Deals, Columns, Press Releases to be published on Bar & Bench, please fill in the form available here.