AZB, ELP, Khaitan, Trilegal, Jones Day, Clifford on Goldman's 441 crore investment in SAMHI Hotels

Bar & Bench January 6 2016

Goldman Sachs has picked up a significant 'minority stake' in hotel development and investment start-up SAMHI Hotels for Rs. 441 crore to help fund its growth plans.

AZB & Partners acted as domestic legal counsel for Goldman Sachs and Clifford Chance, Hong Kong were the foreign legal advisors. The AZB team included Mumbai Partners Nilanjana Singh and Rinki Ganguly and Associate Vijay Manjrekar. The Clifford Chance team was led by Partner Neeraj Budhwani along with Cheris Wong and John Koshy.

Economic Laws . . .

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