News and insights
29 July 2025
Sudath Perera Associates acted as lead legal counsel to the Surge Global and Calcey groups of companies in their ownership consolidation & operational merger to form ‘Short Circuit Pte. Ltd.’, a Singapore held tech services group with an enterprise value of US$40Mn and over 500 professionals in 5 countries.
The firm also advised the group on the US$4,500,000 secured lending facility from Hatton National Bank PLC and US$1,500,000 equity financing from a group of strategic investors led by Sir Mahesh Patel of Papua New Guinea's CPL Group and Le Shi of Auros Global.
26 July 2025
๐ฆ๐ฟ๐ถ ๐๐ฎ๐ป๐ธ๐ฎโ๐ ๐๐๐ ๐๐ฎ๐ป๐ฑ๐๐ฐ๐ฎ๐ฝ๐ฒ โ ๐๐๐น๐ ๐ฎ๐ฌ๐ฎ๐ฑ ๐จ๐ฝ๐ฑ๐ฎ๐๐ฒ
We are pleased to release the latest edition of our Foreign Direct Investment (FDI) Briefing Note, providing a consolidated overview of key legal and regulatory aspects impacting FDI into SriLanka.
26 July 2025
Under Armour Inc., successfully obtained an interim injunction from the Commercial High Court of Colombo against ‘House of Fashions’ for selling counterfeit Under Armour garments.
When the case was first filed, the Court initially issued an enjoining order against House of Fashions, and further issued an 'Anton Piller' order to search and seize samples of all counterfeit Under Armour garments found at the premises.
18 June 2025
PUMA takes action against counterfeiters in Sri Lanka
PUMA SE, a global pioneer in the sportswear industry, has successfully obtained an Enjoining Order from the Commercial High Court of Colombo against a suspected distributor of counterfeit goods.
10 June 2025
E-Alert: Sri Lankan Government Proposes Amendments to National Minimum Wage Act
The GoSL moves to amend the National Minimum Wage for both monthly and daily paid employees.
20 May 2025
Sudath Perera Associates leads legal counsel for Everest Industrialโs $3.75M sale of 50% stake in Everest Industrial Lanka to Varun Beverages
Sudath Perera Associates acted as lead legal counsel to the UAE-headquartered Everest Industrial group in connection with its USD 3.75 million sale of a 50% stake in its Sri Lankan manufacturing subsidiary, Everest Industrial Lanka (Private) Limited, to Indiaโs listed VARUN BEVERAGES LIMITED.
19 May 2025
Sudath Perera Associates authors exclusive Sri Lanka chapter in Chambers and Partners Corporate M&A 2025 Global Practice Guide
Sudath Perera Associates is proud to have been the exclusive contributor to the hashtag#SriLanka chapter of the Chambers and Partners 'Corporate M&A 2025' Global Practice Guide. Authored by Nipuni Samarasekara (Partner - Corporate & Commercial Law), the chapter provides a comprehensive overview of Sri Lankaโs M&A landscape, with a particular focus on listed company transactions and capital markets developments.
15 May 2025
Sudath Perera Associatesโ Managing Partner and IP Head to attend 2025 INTA Annual Meeting in San Diego, USA
The firm's Managing Partner, Sudath Perera, and Himani Perera (Head of Intellectual Property), will be attending the 2025 Annual Meeting of the International Trademark Association (INTA), being held in SanDiego (USA) from 17-21 May 2025.
15 May 2025
Sudath Perera Associates partners attend TerraLex Global Meeting 2025 in Toronto, Canada
Our partners, Dharshi Herat-Gunaratne (Head of Real Estate & Conveyancing) and Minidi Gamalath (Head of Company Secretarial and Business Assistance), are in Toronto, Canada, attending the TerraLex Global Meeting 2025 from 14th to 17th May 2025.
12 May 2025
Sudath Perera Associates advises Indira Cancer Trust on partnership with Make-A-Wish International to launch Make-A-Wish Sri Lanka
We are proud to have advised our longstanding pro bono client, the Indira Cancer Trust, on its inspiring partnership with Make-A-Wish International, to launch 'Make-A-Wish Sri Lanka'. We look forward to this meaningful initiative bringing joy, strength, and hope to children with critical illnesses across the country.