Law firms
Law firms
T&T Law founder Rohit Tandon is finally out on bail more than one year and four months after he went into custody for alleged money laundering following the discovery of an unprecedented amount of cash at his home and office, reported PTI on 10 May.
Law firms
Former Aquilaw associate partner Alok Shankar has joined Advaita Legal as managing associate as the firm promoted principal Shailendra Singh to partner. Both are a part of Advaita’s Infrastructure and projects practice.
Law firms
Economic Laws Practice (ELP) Delhi partner Kumar Visalaksh, who was heading the firm’s indirect tax advisory practice in Delhi resigned last week.
Corporate M&A
Global leader in mobility safety, US-based Key Safety Systems has completed the global acquisition of the bankrupt Japanese car safety systems maker Takata Corp. for $1.58 billion through a combination of equity and debt, to merge and form a combined entity re-branded as Joyson Safety Systems and is headquartered in Michigan, US, reported Economic Times. The deal earlier announced on June 25, 2017, was funded by a consortium led by Joyson Electronics and Asia-based PE firm PAG Asia capital and did not involve liabilities related to the recall of Takata’s ammonium nitrate airbag inflators.
Law firms
Solomon & Co has added former Suzlon Energy senior legal counsel Jacqueline Aikin as associate partner in its Pune office that the firm opened in December 2017.
Law firms
Shardul Amarchand Mumbai partner Jay Parikh, who joined the firm in 2015 from Verus Advocates, has resigned from the firm.
Law firms
Link Legal India Law Services international arbitration partner Saloni Gupta, who had joined two years ago from Kochhar & Co, will be joining US computing hardware giant Apple in its India operations in a strategic policy role, with a remit to build its legal team.
Law firms
AK Singh & Co, the Delhi-based litigation and arbitration proprietorship started by senior advocate AK Singh, has converted into a partnership and re-branded as AKS & Partners after 30 years of practice.
Corporate M&A
Four Indian law firms are advising in world-record breaking sale of Indian unicorn Flipkart, the biggest domestic Amazon competitor, to Walmart.
Law firms
Aparna Mittal, who had left the partnership of AZB & Partners in September 2017, has started a consultancy focusing on gender, policy and law.
Litigation
Phoenix Legal obtained a stay, by the Supreme Court, on the National Green Tribunal’s (NGT) order that had directed all vehicles plying at Delhi’s Indira Gandhi International (IGI) airport to be converted to using only CNG as fuel.
Law firms
Economic Laws Practice (ELP) has promoted 5 associate partner to salaried partner or the equivalent director level, while 15 other lawyers were promoted to associate partner level.
Law firms
The seven K Law partners whom we reported last month to have been negotiating their exits, have jointly started law firm Anoma Legal Advocates, with offices in Mumbai, Delhi and Bangalore.
Law firms
Economic Laws Practice (ELP) has added former Tata Power head of strategy and contracts Karishma Maniar as an associate director in its defense and aerospace practice, and former Delhi-based Khaitan & Co business development director Ashutosh Gupta as partner, strategy and planning.
Law firms
Former K Law Mumbai partner Praveen Raju’s two year old Bangalore start-up Spice Route Legal, which he started up with former Kochhar & Co Singapore partner Mathew Chacko, has opened an office in Kochi.