Burger King, one of world’s largest chains of fast food has formed a joint venture with private equity firm Everstone Capital to enter into the Indian market..Luthra & Luthra Law Offices advised Everstone with a team led by Partner Deepak THM along with Associates Anshuman Mozumdar, Vidushi Gupta and Karishma Dodeja. Partner Gayatri Roy along with Managing Associate Nirupam Lodha advised on intellectual property related matters..AZB & Partners acted as Indian legal counsel for Burger King led by Partner Srinath Dasari..Greenberg Traurig, LLP acted as International legal counsel with a team led by Enrique Conde..Allen & Gledhill LLP advised the parties on Singapore law issues with ateam led by Partner Christian Chin..The venture plans to invest $100 million to set up 500 outlets in the country over 7-10 years as a franchisee of Burger King, which will also own a minority stake, reports VCCircle..Everstone Capital has previously invested in popular food and hospitality chains in India including The Coffee Bean and Tea Leaf, Copper Chimney, Sphagetti Kitchen, Noodle Bar and Gelato Italiano.
Burger King, one of world’s largest chains of fast food has formed a joint venture with private equity firm Everstone Capital to enter into the Indian market..Luthra & Luthra Law Offices advised Everstone with a team led by Partner Deepak THM along with Associates Anshuman Mozumdar, Vidushi Gupta and Karishma Dodeja. Partner Gayatri Roy along with Managing Associate Nirupam Lodha advised on intellectual property related matters..AZB & Partners acted as Indian legal counsel for Burger King led by Partner Srinath Dasari..Greenberg Traurig, LLP acted as International legal counsel with a team led by Enrique Conde..Allen & Gledhill LLP advised the parties on Singapore law issues with ateam led by Partner Christian Chin..The venture plans to invest $100 million to set up 500 outlets in the country over 7-10 years as a franchisee of Burger King, which will also own a minority stake, reports VCCircle..Everstone Capital has previously invested in popular food and hospitality chains in India including The Coffee Bean and Tea Leaf, Copper Chimney, Sphagetti Kitchen, Noodle Bar and Gelato Italiano.