Law firms
Law firms
Former Cyril Amarchand Mangaldas (CAM) Delhi partner Raghuram Raju, who left the firm to set up his own finance and M&A practice in October 2016, has rebranded it as Mandalā Law Offices after former CAM Delhi partner Srinivas Kilambi joined Raju as a partner on 1 April.
Corporate M&A
dated: now“Kia Motors, a minority-owned subsidiary of Korean auto major Hyundai Motor Company, is likely to set up a manufacturing facilty in Andhra Pradesh with an investment worth Rs 10,300 crore. The car manufacturing facility, a first for Andhra Pradesh, will involve two phases with a cumulative investment of $1.6 billion, or Rs 10,300 crore, with first phase of investment amounting to about Rs 6,000 crore,” reported the Hindustan Times.
Litigation
Pamasis Law Chambers won for the producers of Hindi movie Sarkar 3 in the Bombay high court under Justice Gautam Patel, who ruled against granting an injunction over the movie’s release.
Law firms
AZB & Partners Delhi office, following Mumbai’s promotion of a total of seven in the last two months, has also promoted seven of its lawyers to partner rank.
Law firms
Link Legal India Law Services (LLILS) now has a partner heading the Hyderabad office locally, having added company secretary (CS) Y Sriniwas Arun five years after its former Hyderabad partner V Akshay Babu left the firm.
Law firms
Gaurav Singhi, who had resigned from Shardul Amarchand Mangaldas’ partnership last month, will be joining Cyril Amarchand Mangaldas in early June as a corporate partner, according to two sources.
Law firms
Lakshmikumaran & Sridharan (LKS) corporate partner Ajay Joseph has left the firm and started up corporate, real estate and disputes firm Veyrah Law.
Law firms
Economic Laws Practice made five new partners in Mumbai and one associate partner in Bangalore, in its annual round of promotions.
Corporate M&A
“Canadian Private equity firm Clairvest Group and a consortium of investors have officially announced that they have acquired a majority stake in Head Infotech, the company that operates leading rummy website Ace2three for around $73.7 million (approximately Rs. 474 crores),” reported Glaws.
Litigation
“The Delhi High Court on Tuesday asked the Centre and Hindustan Aeronautics Limited to pay Rs 55 lakh as compensation to an Indian Air Force pilot who was injured in a MiG-21 crash in 2005. While the government will pay Rs 5 lakh, the state-run aeronautics firm will have to shell out Rs 50 lakh to Wing Commander Sanjeet Singh Kaila within four weeks,” reported PTI.
Law firms
When we interviewed former J Sagar Associates (JSA) senior partner Berjis Desai last month about his new post-retirement life as a private lawyer, he said that one of the advantages with not being inside a law firm anymore, was that “one is freed from the world of conflict of interest - one is free to say what he wants, and speak what one wants.”
Law firms
HSA Advocates has re-hired Mazag Andrabi as a partner in its disputes, regulatory and policy practice after she had gone independent for two years.
Litigation
“Arms dealer Abhishek Verma, his wife and others were discharged by special court on Wednesday in a CBI case involving alleged payments to some officials to influence the defence ministry to keep a German firm out of the government’s blacklist. Special CBI Judge Anju Bajaj Chandna also discharged Verma and his Romanian wife Anca Verma in a money laundering case filed by Enforcement Directorate (ED) in the matter.” reported the Times of India.
Law firms
Shardul Amarchand Mangaldas Gurgaon partner Saurav Kumar has joined IndusLaw in Delhi as a partner, after having left the firm earlier this month.
Law firms
Shardul Amarchand Mangaldas (SAM) has confirmed our report from earlier today that BMR Legal partner Amit Khansaheb and five others will join in Gurgaon, Bangalore and Mumbai in June 2017.
Law firms
Phoenix Legal has taken on Kochhar & Co Chennai partner Shadaan Mohammed Saipillai as a partner in its Chennai office.