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Trilegal, AZB act on Canadian $1.5m Delhi medical research company buy

Trilegal and Canadian law firm Osler, Hoskin & Harcourt advised the largest Canadian contract research organisation (CRO) JSS Medical Research on its Rs 9.5 crore ($1.5m) buy of CRO Max Neeman Medical International which was advised by AZB & Partners.

Trilegal partner Charandeep Kaur, counsel Ramakant Rai and associate Jatin Vyas, and Osler Montreal-based managing partner Shahir Guindi and associate Geneviève Burdon acted for JSS

AZB Delhi partners Anil Kasturi and Niladri Maulik and associate Siddharth Khanna acted for Max.

MNMI, part of the Max India group which split three-way , provides clinical development services to small, mid-size and global pharmaceutical, biotech and medical device companies, according to VCCircle.

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By reading the comments you agree that they are the (often anonymous) personal views and opinions of readers, which may be biased and unreliable, and for which Legally India therefore has no liability. If you believe a comment is inappropriate, please click 'Report to LI' below the comment and we will review it as soon as practicable.
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Like +8 Object -1 money for nothing 06 May 15, 18:32  interesting
I bought a 1.5 million dollar house from a builder in south delhi.. I acted for worthy? slow Wednesday afternoon Kian?
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Like +2 Object -0 kianganz 06 May 15, 18:34
No, sorry, unless you paid yourself legal fees?
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Like +2 Object -0 which locality 06 May 15, 18:41
Congrats - where did you buy it? BHK? How many reserved parking:-)
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Like +0 Object -0 Guest 06 May 15, 18:39
what is the basis for LI to chose or decline to publish deal updates? Just curious. Does it depends on the stature of the firms involved?
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Like +0 Object -0 kianganz 06 May 15, 18:44
No, it's a bit random but here are a number of parameters that make it into the mix:

- how many firms involved? Do we know all partners?
- how big is the deal?
- how interesting is the sector / deal / cross-border?
- is it an exclusive deal?
- how recent is it?
- do we have any other deals currently sitting there awaiting publication?
- has it been reported in the business papers?
- is it a deal by a start-up or other firm we haven't reported on very often before?
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Like +0 Object -0 Aston 06 May 15, 22:21
some clients may not want deal to be covered by LI !
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Like +3 Object -1 Top-tier 06 May 15, 18:45
So supposedly AZB and Trilegal ditched the billion dollar Lanco deal and gave it to HSA so that they could do this one?
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Like +5 Object -1 2cents 06 May 15, 19:22
Correct. Deal value is not always directly proportionate to legal fees earned. Actually, deal value is not always a direct reflection of deal complexity either. But you already know this but still want to stir up the pot anyway... because you can!
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Like +0 Object -0 mainasehta 06 May 15, 22:26
Clinical research would have meant full regulatory framework DD waah trilegal waah
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Like +0 Object -0 Blah! 25 Jun 15, 19:29
But the deal value certainly impacts the legal fee. Nobody would want to spend high just to buy peanuts.
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Like +2 Object -0 Je baat 06 May 15, 18:55
That is right. He who pays, wins.
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Like +0 Object -0 Mrky 07 May 15, 01:22
1.5 million is approx 10 crores... Young lawyers will realize this only when the legal bubble bursts.. Let foreign law firms enter india who would only hire 5+ years experienced and freshers fir research and others would cry...
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