The practice at Nithya Partners is well known for advising clients from the banking, financial services and consumer goods sectors, among others, on the full array of corporate work. Regulatory matters, corporate restructurings and transfers of ownership are prominent in the team's workload. The group's corporate expertise also dovetails with its strength in assisting clients with shareholders' rights issues, IPOs, and acquisitions of shares. Naomal Goonewardena heads up the cohort alongside M&A expert Nirusha Ratnatunga.

Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • 'Naomal Goonewardena has a strong dual legal and accounting background.'
  • 'A professional and knowledgeable team.'
  • 'Their exceptional commercial knowledge gives Nithya Partners an edge over other firms.'
  • 'They are a strong team of people who possess an in-depth knowledge in capital markets, which allows them to provide better solutions and recommendations to close transactions.'
  • 'An evident in-depth knowledge of commercial and financial aspects of capital markets.'
  • 'Nithya Partners' team is very practical in giving solutions to the business community. They are technically sound and specialised.'
  • 'Naomal Goonewardena has thorough knowledge and competency. He is one of the most reasonable lawyers, plus he has a sound background in finance and taxation work.'

Key clients

  • Diesel & Motor Engineering Company PLC
  • CT CLSA Holdings (Private) Limited
  • New Anthoney’s Farms (Private) Limited
  • Sunshine Holdings PLC
  • Ironwood Investments (Private) Limited
  • DFCC Bank PLC
  • LB Finance PLC
  • UB Finance PLC

Work highlights

  • Assisted DFCC Bank PLC with a rights issuance valued at LKR6bn.
  • Assisted Bartleet Capital (Private) Limited and Bartleet Transcapital Limited with an amalgamation.
  • Advised investment manager CT CLSA Holdings Limited on its acquisition of Guardian Acuity Asset Management (Private) Limited, another licensed investment manager.

Lawyers

Leading partners
The strongest partners in their field, leading on market-leading deals and endorsed by peers and clients alike.

Practice head

The lawyer(s) leading their teams.

Naomal Goonewardena, Nirusha Ratnatunga