White & Case
Former Amarchand & Mangaldas associate and NLSIU Bangalore alum Anand Damodaran joins Ropes & Gray as partner today in London, leaving White & Case where he was a senior associate until last month.
White & Case has promoted NLSIU Bangalore graduate, Chevening scholar and former Jessup moot winner Dipen Sabharwal to its partnership in London.
Amarchand Mangaldas has promoted eight principal associates to partnership in Delhi, Mumbai and Bangalore, hired White & Case associate Raghubir Menon as a partner and promoted Irish competition lawyer Paku Khan as a partner-equivalent director.
Khaitan & Co, J Sagar Associates (JSA) and White & Case have advised exchange and trading technology provider Financial Technologies on its $200m debt funding by Deutsche Bank AG.
Jindal Global Law School (JGLS) and White & Case have entered into a formalised but non-exclusive tie-up to offer internships and knowledge partnerships.
Khaitan & Co and White & Case LLP have advised Indian-listed transmission tower manufacturer KEC International in its $ 95m acquisition of US-based SAE Towers Holdings LLC which was advised by Hogan Lovells LLP.
Almost everything that could happen, did happen this week in Indian law.
And then hell froze over.
Legally India was the first to report one of the biggest items of foreign law firm news in 15 years: the Bombay High Court finally gave its judgment in the infamous case of Lawyers Collective v Ashurst, Chadbourne & Parke and White & Case.
"It's a very important milestone in the evolving debate," says Amarchand Mangaldas Mumbai managing partner Cyril Shroff about the Bombay High Court judgment. "Its ramifications will be analysed over the coming weeks by all concerned."
But so far the analysis has yielded little in the way of certainty and the sparse judgment has become a reflection of individuals' hopes and desires, as well as an ill-fitting receptacle for the status quo.
International firms Ashurst, Chadbourne & Parke and White & Case have lost the long-running case against the Lawyers' Collective, with the Bombay High Court having decided today that the practice of all law by foreign firms in India is illegal.
Law minister Veerappa Moily has reiterated his stance on liberalisation and vowed to set up four super-charged "law schools of excellence" throughout India.
Platinum Partners has grown its lawyer ranks by a quarter in the last three months, taking on three law school graduates and a lateral associate from White & Case in London.