AZB, Trilegal and Luthra had the biggest reported deals in the first quarter of the year, which was a bit of a let down compared to the first quarter of 2014 but is looking up.
Rs 10,000 cr: Amarchand, S&R reprise roles to sell off rest of Vodafone with AZB from Piramal, Analjit
At least three domestic law firms acted on Vodafone UK’s buyout of Vodafone India shareholders to take full control over its Indian subsidiary for more than $1.6bn.
One promo’d in Mumbai.
AZB & Partners acted for Tata’s subsidiaries Trent and Trent Hypermarket that entered into a joint venture with Anglo-global supermarket retail behemoth Tesco, which drafted in Trilegal.
Five lawyers from HSA Advocates, J Sagar Associates (JSA), Luthra & Luthra, AZB & Partners and Zeus IP have started Delhi firm Jupiter Law Partners.
16 of India’s hottest deals, cases: HUGE-SUPER-MEGA power FDI | Japan taps India again | Kolhapur toll busted | more...
Litigation, corporate, M&A, capital markets and private equity deals in brief from a cross-section of India’s top law firms.
AZB & Partners Mumbai is advising Loop Telecom, which is being acquired by Bharti Airtel that is handling the legal work in-house.
Economic Laws Practice advised watches and jewellery retailer Titan in hatching a joint venture with luxury goods maker Montblanc International for single brand retail in India.
Women make up only 15% of senior law firm lawyers: Amarchand & banking with most female heavy-hitters; JSA, Trilegal & projects the fewest
Amarchand Mangaldas emerged as the large law firm with the highest ratio of female lawyers ranked by the 2014 Chambers and Partners lawyer directory, while J Sagar Associates (JSA) and Trilegal came lowest with as few as 6 per cent of senior female lawyers.
Chambers directory picks 14 young partners & associates as up-and-comers; Amarchand, AZB, JSA win most overall citatations
14 Indian law firm partners and senior associates will be named as “up and comers” and “associates to watch” in legal directory Chambers and Partners’ yet-to-be released Asia Pacific 2014 guide.
Amarchand Mangaldas maintained status quo as project finance leader for the third year running and reported a greater overall deal revenue since last year, according to data provider dealogic’s year end table for 2013.
Deal counts set new records while deal sizes didn’t reflect the count, indicating that all firms are taking the middling deal route to bring in the dough.
Former AZB & Partners senior associate and ex-Jones Day lawyer Priya Mehra was promoted to of counsel at US law firm Gibson Dunn & Crutcher’s Singapore office, effective January 2014.
Mehra is part of the firm’s India practice which was also strengthened by former AZB senior associate Bharat Vansh Bahadur in 2013, according to a press release from the firm.
Mehra, who obtained an LLB in 2002 from Delhi University and joined AZB until 2007, worked at Jones Day Singapore before joining Gibson Dunn in 2008. She is dual qualified to practice in India and England & Wales.
“Ms. Mehra has an extensive background working in the Indian markets and her experience includes advising foreign investors in formation of joint ventures in India and/or acquiring stakes in Indian companies; advising private equity investors on the most viable investment options in India vis-à-vis foreign investment guidelines; advising Indian companies in forming joint ventures and acquiring stakes in overseas companies; and advising Indian and foreign investors in acquiring government equity in public sector undertakings, including advice on key issues related to status of government companies and implications of change in status,” stated the release.
Yogesh Bhattarai, who left AZB & Partners’ equity partnership in 2012 for a sabbatical, has joined Trilegal.
Wadia Ghandy partner Anand Shah, with his team of four associates, will join AZB & Partners in the New Year as a senior associate on partnership track.
13 Christmas deals in brief: Bharti, Power Grid, Carlyle, Mahindra, Blackstone & more as SEBI norms push deals
As year-end approaches and law firms send out a flood of press releases for the annual deals league tables, Legally India has wrapped up the most interesting ones in one tidy package.
- Category: Private equity / VC
- Published on Mon, 9 Dec '13, 15:22
- Written by Prachi Shrivastava
AZB & Partners advised private equity (PE) firm Warburg Pincus as Wadia Ghandy advised PE firm Faering Capital in investing Rs 300 crore ($49m) in ladies ethnic wear maker Biba Apparels which was advised by OP Khaitan & Co.
Luthra & Luthra advised Indian private equity and real estate firm Everstone Capital in its joint venture with international fast food giant Burger King.
Amarchand Mangaldas has reported the most M&A activity among Indian law firms this year, according to data provider mergermarket’s Q1-Q3 rankings.