Mona is a Partner within the firm's corporate practice. She is a transactional corporate and commercial lawyer with over 20 years’ experience.
Mona advises on UK and cross-border acquisitions and disposals, joint ventures and strategic partnerships, management buy-outs/buy-ins, restructurings and mergers including advising on applicable FCA compliance and regulatory matters. She has represented stakeholders in sophisticated acquisitions, group restructurings and complex joint venture shareholder arrangements. Mona also has a broad commercial practice assisting clients with their commercial contracts including distribution arrangements, complex and bespoke supply and outsourcing agreements, technology and intellectual property contracts, data exploitation, licensing, collaboration, sponsorship and online promotions.
Mona has worked for clients in several different business and industry sectors including insurance, shipping, energy, business and finance, aviation, software, technology, ecommerce, telecommunications and media.
Since 2001 Mona has completed two client secondments, the first with the insurers Royal & Sun Alliance and the second with Emirates Airlines, a Middle East based airline.
My matter highlights
Advising a Dutch client on its acquisition of a UK customs management business.
Advising an Austrian client in its acquisition of a UK retail printing solution specialist.
Advised a seabed-to-surface engineering, construction and services contractor on its agreement to acquire a 60% holding in a leading energy consultancy firm.
Advised a leading operator of LNG carriers, on its joint venture with a Greek utilities entity for the construction and operation of a floating storage and regasification unit (FSRU) and an LNG terminal.
Advised a global private equity house on its acquisition of a global provider of maritime services.
Advised departing shareholders on the sale of their shares in a UK insurance MGA to its private equity backed management buy-out team. The transaction included a number of FCA/regulatory issues comprising aspects of financial promotion and FCA approvals.
Advised a well know shipping company on a complex restructuring including the consolidation of multiple tiers of shareholders (involving trust structures and different classes of shares with enhanced rights) into a simple structure and placing those shares on the Oslo Bors Merkur Market.
Advised an Italian shipping company on its €60 million joint venture with a subsidiary of a publicly listed Malaysian oil and gas company.
Advised the shareholders of an international oil broker on the US$160m sale to a UK listed interdealer broker and the related £32.1 million vendor placing of shares.
Advised China Merchants Holdings, (a fully owned subsidiary of the China Merchant Group), on its formation of a joint venture with Netherlands based Overdulve Offshore Services International Group B.V. to embark on the engineering and construction of two newbuild semisubmersible crane vessels (SSCV).
Assisting with the intra group reorganisation of a leading Danish manufacturer and supplier of road markings.
- Advising a supplier of rapid COVID-19 testing services on all its contractual arrangements including (but not limited to) supply of goods and services, distribution and resale, logistics, terms of business (B2B and B2C) rapid testing service terms, data transfer agreements and mobile app terms.
- Advising a UK based technology consultancy managing SAAS for supply and demand planning, on its obligations regarding data transfer/flows to and from the EU following Brexit and amending its framework agreement to reflect requirements.
- advising a content provider on its arrangements to licence content to a well know global OTT streaming platform.
- Advising a British manufacturer on the second generation outsourcing of supplier build parts.
- Advising a US based private jet charterer on its agreement with a UK based software developer to develop its bespoke business platform used to make and manage charter bookings for its clients.
- Advising a British yacht manufacturer on its global distribution arrangements and corresponding terms of business, trade mark licensing and GDPR requirements.
My testimonials and accolades
“Recognised by Thomson Reuters Acritas as a client-nominated stand-out private practice lawyer ‘Acritas Star’ in 2019 and 2020.”
“Recognised in The Legal 500 as a ‘Next Generation Partner’ in 2019 and 2020.”
“Mona Patel is an excellent all-round lawyer, highly skilled technically with extensive knowledge of specialist subjects and a graceful professional style.”
“She is particularly strong in the energy, insurance and shipping sectors with joint ventures as a speciality.”
“Her level of response, her commitment, she turns things around very quickly, she knows her subject matter, and she provides us with an exceptional service.”
My recent publications
Insights / ESG Issues: Impact on M&A transactions
In this Q&A we consider the impact of environmental, social and governance (ESG) issues on M&A transactions. Examples of what might typically fall within the scope of ESG factors are outlined in our recent article ESG: Corporate Decision Making.
Insights / ESG: Corporate decision making
Environment, social and corporate governance (ESG) issues, including human rights, have increasingly become a board level concern as ESG regulation, legislation and shareholder expectation continues to grow.
Insights / M&A: Safeguards for sharing commercially-sensitive information during due diligence
In this article we consider the UK competition law rules applying to the sharing of commercially-sensitive information (CSI) during the due diligence stages of a transaction and the procedural safeguards a seller can put in place to ensure compliance with UK competition law.
Insights / UK data protection update: Standard contractual clauses and adequacy decision
In this article we provide an update on our previous article Data protection: European Commission kicks off UK adequacy process and consider the validity of the European Commission’s (EC) new Standard Contractual Clauses (SCCs) in the UK.
Insights / Data protection: European Commission kicks off UK adequacy process
The European Commission (“Commission”) recently published its draft EU GDPR¹ adequacy decision (the “Draft Decision”)², for data flows between the European Union (“EU”) and United Kingdom (“UK”) bringing the UK closer to a positive decision on the continued free flow of personal data from the EU into the UK.
Insights / Lockdown 3: Electronic signatures and virtual execution
This is an update to our March 2020 article on electronic signatures following the Law Society’s recent guidance on how English law governed contracts can be signed using electronic signatures (“e-signatures”).
Insights / Data Protection - Do we need to appoint a GDPR article 27 representative in the EU?
An EU representative is a natural or legal person appointed to represent controllers or processors not established in the EU (EU Representative). To be established in the EU means you have a branch, representative office or other unincorporated presence there.
Insights / The Trade and Cooperation Agreement – What does this mean for Data Protection?
At 11pm on 31 December 2020, the Brexit transition period came to an end. A few days prior to this, on 24 December 2020, the UK Government and the EU Commission announced that a deal had been agreed on the future of the EU-UK relationship and that the Trade and Cooperation Agreement (TCA) had been finalised.
Insights / Getting ready for Brexit - Data Protection
With the end of the Brexit transition period approaching on 31 December 2020, we consider what implications this will have for data protection in the UK.
Insights / Are your commercial contracts ready for Brexit?
As the end of the Transition Period looms, businesses of all sizes are running out of time to prepare for Brexit.
Insights / Data Protection: The Implications of Schrems II for International Data Transfers
The judgment handed down by the Court of Justice of the EU (CJEU) on 16 July 2020 in Schrems II ¹ had significant implications for the transfer of personal data outside of the European Economic Area (EEA).
Insights / COVID-19: Allocating M&A deal risk between buyers and sellers in a post-COVID-19 world
The current climate has made the valuation of target companies very difficult for buyers, ultimately impacting M&A deal flow globally.
Insights / COVID-19: Transactional due diligence in a post COVID-19 world
It is clear that COVID-19 has had an impact on M&A deal flow globally across many sectors.
Insights / COVID-19: Data Protection post Lockdown
With the easing of lockdown measures, businesses around the country are now reopening.
Insights / Chapter 15 - England and Wales
16-06-2020 / Insurance
The UK insurance and reinsurance industry is the largest in Europe and the fourth-largest in the world.
Insights / Covid-19: New UK Government guidance on responsible contracting
At a time when companies are working through the impact of Covid-19 on their business, employees, contracts and supply chains, the Government has issued guidance on ‘responsible contractual behaviour’ for contracts ‘materially impacted’ by Covid-19 (i.e. those too difficult or impossible to perform). It calls on parties to act responsibly and fairly during the Covid-19 pandemic in order to protect businesses, jobs, supply chains and the UK’s economic recovery.
Insights / Covid-19: Are your terms and conditions ready for trade post-lockdown?
As social distancing measures are slowly being eased across the globe, many businesses will be revisiting their own (and their supplier) T&Cs as they look to resume trade.
Insights / COVID 19: Impact on BREXIT
The impact of the COVID-19 pandemic has clearly influenced the Brexit timetable. The possibility of concluding an agreed framework to govern the future relationship between the UK and EU and the necessary systems to implement the framework before 31 December 2020 looked ambitious even before the coronavirus crisis struck. Attempting to meet the deadline when a public health emergency exists appears even more challenging.
News / COVID-19: Joint Ventures
Disrupted supply chains, abrupt decline in corporate earnings, funding cutbacks, concerns over commercial sustainability of contracts, key event cancellations and a marked reduction in consumer activity due to the COVID-19 pandemic have all had an impact on markets and businesses around the globe. Joint venture (“JV”) participants in all industries and sectors are suddenly having to manage risks and take decisions they had not anticipated or prepared for in their contractual arrangements. Many JV participants are finding it difficult to meet undertakings they have given to the JV and the severe impact on revenues has meant funding has been compromised.
News / COVID-19: Are you(r contracts) frustrated?
Following on from Ince’s recent article on force majeure clauses, we consider the common law rules on frustration. Frustration may provide relief for parties under English law governed contracts entered into before the onset of COVID-19 which are now difficult or impossible to perform and where there is no force majeure clause in the contract or a force majeure clause does not sufficiently capture an event such as COVID-19.
News / COVID-19: What are the implications for data protection?
As governments work to contain the COVID-19 pandemic and companies implement emergency measures to comply with public health initiatives, it is important that any steps taken are consistent with the EU General Data Protection Regulation (“GDPR”). We set out below the basic data protection questions you may have from a UK perspective.
News / COVID-19 – Potential impact on M&A transactions
Both Buyers and Sellers will need to be mindful of the potential impact of COVID-19 on new and ongoing M&A transactions. There are a number of issues that the parties might consider addressing at various stages of the transaction to protect themselves and provide an agreeable approach where risk is identified.
News / COVID-19: Impact on Supply Chain
The coronavirus/COVID-19 outbreak has disrupted supply chains globally. Suppliers and providers are finding it harder to deliver their usual services due to (amongst other things) workforce sickness and quarantine, logistics delays and in some cases country wide lockdown.
News / COVID-19: Governance
Company directors will need to prudently assess how to manage coronavirus risks within their businesses.
Insights / Brexit Q&A: Corporate
In this Brexit Q&A Mona Patel provides commentary on the impact of Brexit on corporate law and transactions.
Insights / Ince Brexit Q&A Series
The UK’s decision to leave the European Union continues to create a complex and unprecedented level of uncertainty in the UK, the EU and beyond. It brings significant regulatory, financial and operational implications to individuals and businesses of all sizes.
News / Chapter 14 - England and Wales Insurance
16-05-2019 / Insurance
The UK insurance and reinsurance industry is the largest in Europe and the fourth-largest in the world. Commercial insurance business in the UK is dominated by the ‘London Market’, which today is the world’s leading market for internationally traded insurance and reinsurance.
News / New edition of the Insurance and Reinsurance Law Review
For the past few years, Peter Rogan (Consultant) has edited the Insurance and Reinsurance Law Review
News / Ince Co advises departing shareholders on private equity-backed Lorega MBO
International law firm Ince Co has advised the departing shareholders on the sale of their shares in Lorega Limited to a newly incorporated company owned by Lorega's management team and the management team's investors, Alcuin Capital Partners LLP The value of the MBO was undisclosed
News / 2015 A Significant Year for Regulatory Development
01-06-2015 / Insurance
A number of significant developments are set to take place this year that marks 2015 as a pivotal year for the insurance sector. In this article, we focus on three specific developments that firms should be aware of: i) the Financial Conduct Authority’s (the FCA) new ‘concurrent powers’; ii) the Solvency II Directive and how far along it is; and iii) the new regulatory requirements for outsourcing. We consider the effects of these regulations and what firms should be doing to prepare for them.