Kripi Kathuria

Partner
New Delhi

Kripi Kathuria is a Partner with the New Delhi office of Phoenix Legal. With over 10 years of experience, she is part of the corporate practice group of the firm and focuses on foreign direct investments, M&As, joint ventures, restructuring, general corporate and commercial matters.

She has been engaged in advising foreign investors and multinational corporations on legal issues relating to financial and strategic investments, M&A, joint venture transactions and various related aspects of Indian commercial and company law across diverse sectors including automotive, food & beverage, e-commerce, healthcare, information technology, insurance, and manufacturing.

As part of her practice, Kripi regularly advises her clients on range of issues involving labour and employment, competition law, data privacy and protection of personal information, corporate governance, and foreign exchange laws. She also has significant experience in advising renowned foreign companies in establishing presence in India and providing continuous support to them in their everyday operations.

  • Represented and advised Dell Technologies Inc., in its US$ 4 billion sale of its Boomi business by way of sale of shares of Boomi Inc., a data integration company, to Bayshore Holdings 2021 L.P., specifically assisted in internal reorganization of involving hiving off the Boomi business in India to a separate entity.
  • Represented and advised Cooper Standard Automotive Inc, in its divestiture from rubber fluid transfer and specialty sealing business to Mutares SE & Co. KGaA involving sale of its manufacturing subsidiaries in India and hiving off of its IT operations being retained by Cooper-Standard in a newly incorporated Indian company.
  • Represented and advised Cooper-Standard, in the divestiture of its anti-vibration systems automotive business to Continental AG involving transfer of all its equity interest in a joint venture company in India.
  • Represented Visteon Corporation, in its US$ 410 million deal involving world-wide sale of its automotive climate business to Halla Climate Control Corp., Korea (now Hanon Systems) involving sale of one of its Indian manufacturing subsidiaries and hiving off its electronic business.
  • Represented and advised Kameda Seika Co. Limited, Japan, on a joint venture with one of India’s leading branded rice makers, LT Foods Limited to manufacture and sell rice-based crackers and snacks in India.
  • Represented and advised Sumitomo Riko (Formerly Tokai Rubber Industries Private Limited), in its US$ 24.3 million joint venture project with Imperial Auto Industries Ltd. for manufacturing rubber hoses for the automotive sector.
  • Advised Applied Materials, Inc., a global leader in materials engineering solutions, on:
    • the India leg of a transaction involving acquisition of the computational fluid dynamics modeling software business from the ESI Group, a French based multinational which provides virtual prototyping software services; and
    • on its US$ 7.5 million strategic acquisition of the certain software assets and its relating IP and documentation from Synopsys Inc., an American electronic design automation company.
  • Advised and represented Dell EMC (Dell), a US multinational technology company:
    • on the transfer of business from Dell’s Indian subsidiary, EMC Software and Services India Private Limited to VMware Software India Private Limited as part of a global transfer of one of Dell’s application businesses to VMware Inc.; and
    • on the 100% acquisition of Unifi Software India Private Limited as part of the global acquisition of Unifi Software Inc., a company engaged in providing customers a platform based on cloud technology.
  • Advised Monster Energy Company, a US based company engaged in the business of marketing and distributing energy drinks and alternative beverages and subsidiary of Monster Beverage Corporation, a NASDAQ listed company-
    • in setting up a subsidiary in India and obtain NOC/product approvals for their energy drinks from the Food Safety and Standard Authority of India;
    • on the regulatory regime including various approvals and licenses to be obtained from the Indian regulatory authority for import and manufacture of the drinks, labelling and packaging, etc.; and
    • in a writ petition filed before the Bombay High Court against the action initiated by the Food Authority under the Food Safety and Standards Act, 2006 and in appeal proceedings initiated by Food Authority before the Supreme Court of India.
  • Advised Royal Institution of Chartered Surveyors (RICS), a global professional body for qualifications and standards in land, property, construction, and associated environment issues on its collaboration with Amity University.
  • Advised several multinational automotive companies including OEM suppliers on wide range of issues and transactions and industry and sector expertise such as on matters of distribution, supply, financing, regulatory standards, and recall & product liability.
  • Advised and assisted various clients in reorganisation/ restructuring their operations in India including transfer and retrenchment of employees, preparation of service rules, structuring compensation packages, drafting employment contracts, non-compete and confidentiality agreements and advice on the protection of employee data.