S&R Associates partner Bhakta Patnaik, who would probably be joining Trilegal we reported a month ago, will now certainly be joining the firm as a partner and the head of its capital markets practice with a counsel from Talwar Thakore & Associates.
The Trilegal partnership has voted to admit Patnaik, who has accepted, according the two authoritative sources.
We have reached out to Trilegal for comment.
Update 18:38: Trilegal co-founding partner commented in a press release: “Bhakta is an excellent lawyer who has built a formidable reputation in the market. He will add depth and value to the firm’s overall practice offering. His appointment comes at a time when the Indian market is embracing REITS and INVITS and Bhakta's international experience with these products will help us support our clients better.
"Trilegal has been attracting the best talent in the market and Bhakta’s appointment reinforces that trend.”
According to Trilegal's press release, Talwar Thakore & Associates counsel Sohrab Khushrushahi will also join the capital markets team as counsel level. Before Talwar Thakore, he had also worked at Linklaters.
Patnaik is a 2002 NLSIU Bangalore graduate who was promoted at S&R to partner in 2012.
He is a corporate and capital markets lawyer who had previously worked with Linklaters in Singapore and erstwhile Amarchand Mangaldas in Delhi.
He is the first partner to ever resign from S&R Associates since the firm was founded in 2005.
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By the way, for the purposes of our stats in the Mint article this morning, Patnaik had already been counted as an exit... But another partner exit we'll cover today won't have been...
www.espncricinfo.com/ci/content/player/579143.html
I LOVE THIS CORPORATE AND CAPITAL MARKETS SPECIALISATION, DOES IT MEAN THAT MR. BHAKTA DOES AN IPO AS WELL AS A STRATEGIC M&A???
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