The Firm was engaged by Lookout to assist and advise on the India leg of this cross-border global transaction involving multiple jurisdictions.
The Firm performed a comprehensive due diligence on Ciphercloud’s Indian subsidiary, which covered areas such as corporate, indebtedness, employment, real estate, intellectual property, and litigation.
Our team reviewed the security purchase agreement and other ancillary transaction documents from an Indian law perspective. In respect of the same, advice was provided on aspects related to employment, corporate laws, and intellectual property related issues. The Firm prepared all corporate documents required to complete the India leg transaction which included transfer of shares of the Indian subsidiary. The Firm assisted in successfully closing the India leg and provided post-closing assistance on the transaction under tight timelines.