Tanmay Patnaik
Partner - Corporate, Private Client
Private Client | Estate and Succession Planning | Family Settlements/Disputes | Restructuring Trust Structures
Overview
Tanmay is a Partner and leads the Private Client team at Trilegal. He specialises in estate and succession planning (including cross-border aspects and interplay with the Indian exchange control regime, takeover regulations and personal laws), family constitutions and governance, family settlements/disputes, and establishment of trusts. Tanmay has extensive experience in advising promoters of some of India’s largest business houses as well as professional wealth management and fiduciary service providers, public personalities, senior executives and NRIs.
He also advises on the establishment and operations of family offices (domestic and offshore), restructuring of existing trust structures, the establishment of public charitable institutions, and the rights and obligations of fiduciaries and beneficiaries. In addition, Tanmay regularly advises on general corporate matters with a special focus on private acquisitions, joint ventures and restructurings.
Tanmay has also worked with the Tax and Wealth Planning Team at Mishcon De Reya LLP (London) in 2018-19.
Education
- LL.B, Government Law College, Mumbai
- LL.M, Fordham Law School, New York
Admissions
- The Bar Council of Maharashtra and Goa
Select representative clients/matters
- Assisted members of one of India’s largest infrastructure development family businesses with their family governance and private trust structures
- Structuring advisory related to Singapore and the UAE for setting-up overseas family offices
- Establishment of private family trust structures in India and grantor-styled trusts (for US tax purposes) for the promoter family members of a listed business
- Advising institutional trustees on the Indian foreign exchange rules governing the distribution of trust corpus and income of Indian private discretionary trusts to NRI beneficiaries
- Structuring creditor protection trusts for founders and pre-IPO trust structures for the promoter family
- Advisory on international family dispute involving Indian assets
- Advisory on acquisition of luxury assets (i.e., artworks)
- Establishment of public charitable foundations
*Identity withheld for confidentiality purposes
Recognition
- ‘Recommended Lawyer’ (Band 1) for Private Client by The Legal 500 Asia-Pacific Guide 2021 and 2023.
- Recognised as ‘40 under 40’ by Business World and ’40 under 40 Rising Star’ by Legal Era (2022-23)
