ZBA is a boutique firm best known for its banking, shipping, dispute resolution and debt capital markets capabilities. The firm specialises in complex commercial disputes, with a focus on maritime law. It works with owners, offshore contractors, banks, mortgagees, charterers, cargo underwriters, insurers and reinsurers, protection and indemnity clubs, shipyards, commodity traders and financial investors. Managing partner Zarir Bharucha is a respected figure for shipping disputes. He is often nominated as an arbitrator for shipping-related arbitrations in the London Court of International Arbitration and he is a member of the maritime sub-committee of the International Bar Association. Partner Niloufer Lam leads the transactional practices.
Work highlights
Represented Indian Oil Corporation on its issuance of unsecured, listed, redeemable, non-convertible, non-cumulative taxable debentures.
Advised Issuer REC in an update of its $7 billion global medium term note programme listed on the Singapore Stock Exchange, London Stock Exchange, NSE-IFSC and India INX for the issuance of multi-currency and multi-tenor overseas-listed bonds.
Work highlights
Advised India Railway Finance Corporation on its $1.1 billion external commercial borrowing from Sumitomo Mitsui Bank, MUFG Bank and Mizuho Bank.
Acted for a syndicate of lenders on its $750 million loan to NTPC.
Represented lenders in granting a $600 million syndicated term loan facility to ONGC Videsh.
