18

Tributes to Kirtee Kapoor: A wonderful man & pathbreaking India head of elite US firm Davis Polk [UPDATE-2]

Nani Palkhivala Course for Lawyers - Digital Management and Best Practices for Lawyers [SPONSORED]

17

HC rules: You’re not an advocate if working anywhere full-time (including probably at law firms on retainer loophole) [READ JUDGMENT]

14

IP giant Anand & Anand co-brands with Priyanka Khimani to launch Mumbai media, celebrity & more JV

12

In this book the art of legal management gets dissected by top legal minds: Maister, McKenna, Rajiv, Zia & many others [SPONSORED]

5

ELP snaps up LKS-ex-senior, now free agent, MP Devnath with 2 partners • Hires 2 tax partners from EY, BMR

9

Revealed: Which NLU is most preferred for LLMs? • + Clickbait bonus: One answer may surprise you...

13

Tata GC Bharat Vasani rubbishes rumours: 2018 retirement long-planned, was closely involved in Shuva succession • May teach at NLUs after

229

AZB’s CAM star hire Nisha Kaur Uberoi to leave for Trilegal for big competition boost

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Firms & corporate

Litigation

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Corporate M&A  8 hours ago

PDS, DSK on La-Gajjar Machineries stake sale to Kirloskar Oil Engines

Kirloskar Oil Engines Limited, manufacturers of diesel engines, gensets and agricultural pumpsets, have entered into an agreement to acquire a majority stake of 76% in La-Gajjar Machineries Pvt. Ltd., the maker of Varuna and Raindrop brands of electric pumps, as reported by Livemint.

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Competition Law  15 hours ago

Naik Naik, Agarwal Law Associates, CAM, Chandhiok win for Kahaani 2 makers and distributors against K Sera Sera in CCI

"The Competition Commission has dismissed allegations of unfair business practices against the producers of Vidya Balan-starrer Kahaani 2 movie, which was released last year. K Sera Sera Digital Cinema had moved the regulator after the film's producers — Pen India and Boundscript Motion Pictures — refused to provide the movie to it for exhibition. Among others, it was alleged that the movie was given only to UFO Moviez India and Real Image Media Technologies," reported PTI.

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Capital Markets  Yesterday

All Tata: AZB acts on Steel’s $587m sale of Motors shares to Sons

Tata Steel on Friday sold its entire 2.9 per cent stake in Tata Motors to Tata Sons through a block deal on the BSE. A block deal of 8.35 crore shares was executed at an average price of ₹452.80 a share. At that price, the deal size stood at ₹3,780.88 crore. Last week, the Tata group had said to reduce cross-holdings, Tata Sons, the holding company of the $103-billion Tata group, will acquire Tata Steel’s 2.85 per cent share in Tata Motors on or after June 23. After the stake buy, Tata Sons’ holding in Tata Motors will increase to 31.06 per cent from the current 28.2 per cent.

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Law firms  4 days ago

Link Legal promotes Dua lateral AP Durgesh Singh to partner + 1 AP in Hyderabad

Link Legal India Law Services has promoted Durgesh Singh to partner in Delhi, having joined the firm in 2015 as an associate partner from Dua Associates where he was a principal associate.

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No Interim Relief in Petition Seeking Stay on Mandatory Aadhaar – For Now
by CCG NLU Delhi

The fresh petition challenging the constitutionality of the Aadhaar Act (Shantha Sinha v. Union of India) came up for hearing before the Supreme Court today. While this... Read more

Law firms  22 June 2017

Veritas picks AZB finance SA Zubin Mehta into partnership, growing to 6

Veritas Legal has snapped up AZB & Partners Mumbai senior associate Zubin Mehta at a fixed income partner (a level equivalent to salaried partner at other firms).

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Bar & Litigation Stories

Israel: Startup Nation Open to India and the World

Cutting Through the Clutter: India Takes First Steps to Unleash More Effective Commercial Litigation

Time to be Bullish to Buy Brazilian Businesses?

2

Reading Between the Lines: How India’s Lawyers are the Key to Unleashing India

Legally Jobs: Verist Law seeks cap markets / M&A SA with 4.5 - 6 years PQE in Mumbai

Law School & Student Stories

Israel: Startup Nation Open to India and the World

7

JGLS places 92 LLB Hons grads with firms, cos, advocates, research • CAM most enthusiastic

Cutting Through the Clutter: India Takes First Steps to Unleash More Effective Commercial Litigation

3

NLS alums association ‘alarmed’ over state reservation: Seeks to mobilise ‘ground swell of opposition’ in 'unequivocal' opposition

Time to be Bullish to Buy Brazilian Businesses?

Private equity / VC  22 June 2017

Trilegal, Khaitan on Zee investment in Tagos

“Zee Entertainment Enterprises picked up about 12.5 % stake in Bengaluru-based Tagos Design Innovations,” reported Inc42.

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Capital Markets  20 June 2017

Legasis Partners assists on $31m bond issue by first civic body

“The Pune Municipal Corporation (PMC) today raised Rs 200 crore by selling 10-year bonds, becoming the first civic body to tap money from this route in 14 years. Proceeds from the issue, raised at a coupon of 7.59 per cent and oversubscribed six times, will be used for a Rs 2,300-crore water project,” reported PTI.

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In-house counsel  19 June 2017

KPMG has a new GC: Ex-AZB Delhi cap markets head Meera Singh

Former AZB & Partners Delhi partner and capital markets practice head Meera Singh, who had left the firm in May, has joined consultancy KPMG as general counsel reported Bar & Bench.Read More

Law firms  19 June 2017

HC rules: You’re not an advocate if working anywhere full-time (including probably at law firms on retainer loophole) [READ JUDGMENT]

A lawyer consulting full time with a public sector undertaking (PSU), who had been unsuccessfully trying to get enrolled with the Gujarat bar council (BCG) since 2012, is not allowed to do so and therefore practically not an advocate, ruled the Gujarat high court according to the Times of India.

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Competition Law  16 June 2017

TTA-Dhall, KK Sharma win Rs 87 cr CCI fine vs Hyundai

Car maker Hyundai was fined Rs 87 crore by the Competition Commission of India (CCI) for anti-competitive discounting of its cars in a complaint made by two informants and Hyundai dealers - Fx Enterprise Solutions and St Antony’s Cars.Read More

Corporate M&A  16 June 2017

SAM, CAM steer Canadian Intertape’s $25m acquisition of Indian construction textile maker Capstone

Intertape, the Canadian packaging company with executive headquarters in Sarasota County, announced Thursday it is making a “greenfield” investment in Capstone Polyweave Private Limited, which plans to build a $30 million manufacturing facility in Karoli, India. Capstone’s shareholders also own and operate Delhi-based Airtrax Polymers Private Limited, which manufactures and sells woven products that are used in the building and construction industry. Airtrax posted $11 million in revenues for the year ended March 31.Read More

Private equity / VC  15 June 2017

Khaitan chomps on Wow! Momo $6.5m series B with Luthra for Lighthouse, Indian Angels

Fast food chain Wow! Momo today said it has raised Rs 44 crore in Series B funding from venture capital firm Lighthouse Funds and angel investor group Indian Angel Network (IAN). The latest round of funding led by Lighthouse Funds, which invests in mid-market consumer-driven firms, values the company at Rs 230 crore, the Kolkata-based firm said in a statement. Besides, it also provided “a highly profitable” exit to the tune of Rs 10 crore to some of the IAN investors who decided to sell their shares partly/completely to Lighthouse, it added.Read More

Law firms  14 June 2017

IP giant Anand & Anand co-brands with Priyanka Khimani to launch Mumbai media, celebrity & more JV

Intellectual property (IP) powerhouse Anand & Anand has merged its Mumbai office with the media and entertainment law practice of Priyanka Khimani, Khimani & Associates, taking on a new avatar in the city carrying both brand names, as Anand and Anand & Khimani.Read More

Private equity / VC  13 June 2017

Khaitan, Themis on $20m Sequoia funding in Awfis Space

“Awfis Space Solutions, a start-up that provides shared workspaces, has raised $20 million from Sequoia Capital India to fund its expansion plans.” reported Mint.Read More

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