JSA advised and assisted Weatherford International plc (“Weatherford”) on the India leg of the sale of its oilfield laboratories business to CSL Capital Management, LP (“CSL Capital”).

JSA was involved in structuring the Indian leg of the transaction which, inter-alia, involved detailed analysis and advice in relation to complex issues arising under Foreign Exchange Management Act, 1999, transfer of various long-term contracts and custom bonded goods. JSA’s scope of work also involved drafting, negotiating and finalizing the transaction documents. International deal value is about USD 206 million. JSA transaction team comprised of Trisheet Chatterjee, Lead Partner; Sarvesh Kumar Saluja, Partner and Adhiraj Gupta, Principal Associate.

JSA Taxation team comprised of Manish Mishra, Partner and Ankur Mittal, Senior Associate.