Field Fisher Waterhouse advises Ping Pong on expansion in India
23 August 2012
Field Fisher Waterhouse LLP
has advised Ping Pong East Limited, the franchising arm of the
casual dining dim sum concept, in relation to the grant of
franchise rights for the Indian states of Goa and Maharashtra.
Field Fisher Waterhouse
IP Associate Gordon Drakes, assisted by
Indian qualified solicitor Lisa Sen, advised Ping Pong on its
negotiations with the Mirah Group, who are experienced operators in
the Indian hospitality sector. The parties signed a franchise
agreement which will see the roll out of up to eight Ping Pong
restaurants over the next five years.
Gordon Drakes said:
"We are delighted to
have had the opportunity to advise Ping Pong on this deal and help
them gain a foothold in this important emerging market. This deal
demonstrates Ping Pong's growing international reputation and
highlights our expertise in structuring and advising clients on
franchise roll out programmes."
For further information, please
Executive, Field Fisher Waterhouse LLP on 020 7861 4526
Louise Eckersley, PR Manager,
Field Fisher Waterhouse LLP on 020 7861 4120