Corporate

Shardul Amarchand long-time partner Kalpataru Tripathy resigns

Shardul Amarchand Mangaldas equity partner Kalpataru Tripathy has resigned from the firm, according to two authoritative sources.

Kochhar absorbs corporate/PE start-up talent Sarika Raichur in Delhi

Kochhar & Co has hired Sarika Raichur as a partner in Delhi focusing on corporate and private equity, merging part of the firm she had started.

Read the Shardul Shroff WhatsApp transcripts advising CAM Chennai team on exit strategies (but denies inducing them to do so) [UPDATE-1]

Did Shardul Shroff induce CAM Chennai to break their contracts over WhatsApp or was it just good advice?
Did Shardul Shroff induce CAM Chennai to break their contracts over WhatsApp or was it just good advice?
According to the allegations in the Bombay high court section 9 petition against former Cyril Amarchand Mangaldas (CAM) Chennai partner Dorothy Thomas, Thomas “in direct collusion with” Shardul Amarchand Mangaldas instructed associates to “extract confidential files” of CAM’s “in a systematic and pre-planned manner” from 26 September before she and her team had resigned from the firm.

CAM, TTA, JSA bag biggest inbound M&A ever: Russians’ $13bn Essar Oil buy [UPDATE-2]

“The acquisition is the biggest foreign acquisition ever in India and Russia’s largest outbound deal. Billionaire brothers Shashi and Ravi Ruia have agreed to sell 98 per cent of Essar Group flagship firm Essar Oil to Russian oil major Rosneft and a consortium of oil trading firm Trafigura with private investment group United Capital Partners for $13 billion, making it the largest foreign direct investment in India.” reported The Hindu and others.

Cyril Amarchand allegation: Ex-Chennai team took client files, cites CCTV & Shardul WhatsApp evidence

Cyril Amarchand Mangaldas (CAM) had alleged in the Bombay high court application for interim relief in arbitration proceedings that team members of departing Chennai partner Dorothy Thomas had taken boxes of CAM client files from the office.

Trilegal, Lexygen help DSG VC sell $6m food processing stake to AB-InBev family investment fund

VC firm DSG Consumer Partners has made a partial exit in food processing industry company Veeba Fine Foods (founded in 1983, making sauces, dips, emulsions and dessert toppings) to Brussels-headquartered Verlinvest Asia, which was created by several families of the Anheuser-Busch InBev empire to make investments in the food and beverage space.

Cyril Amarchand files for interim injunction against Chennai partner Dorothy Thomas in Bombay HC, settlement possible soon

Cyril Amarchand Mangaldas has started arbitration proceedings against Chennai partner Dorothy Thomas, who is due to join Shardul Amarchand Mangaldas, filing in the Bombay high court yesterday for interim measures.

BCI makes friends with SILF, invites for help to regulate Indian & foreign lawyers • Bhasin, Rajiv, Jyoti, LK, Rohan Shah to visit BCI Saturday

Good friends: BCI invites Silf to help it come up with rules on Indian & foreign lawyers and profession
Good friends: BCI invites Silf to help it come up with rules on Indian & foreign lawyers and profession

The Bar Council of India (BCI) has invited the Society of Indian Law Firms (Silf) to help it fine-tune its proposal to the Law Commission, which was called upon by the Supreme Court to take a comprehensive look at the role of the bar councils’ “failure” and “inaction” in regulating the legal profession.

Foreign firm M&A league table: US firms again grab the biggest share, Kirkland, Slaughters top

Kirkland and Slaughters come top in India M&A from outside
Kirkland and Slaughters come top in India M&A from outside
Kirkland & Ellis and Slaughter & May acted on the biggest Indian M&A transactions among 14 foreign law firms that each advised on more than $1bn worth of Indian M&A deals this quarter.

AZB Delhi gets tax lit head with PDS Legal’s Deepak Chopra

PDS Legal partner Deepak Chopra will join AZB & Partners in Delhi as a partner and the head of its tax litigation practice, according to a press release from the firm.

LexOrbis’ Pooja Dodd re-starts own firm catering to ‘creative industries’

LexOrbis partner Pooja Dodd has gone independent again, restarting Delhi intellectual property-led boutique firm Dodd & Co, which would focus on clients in the “creative industry”.

M&A league tables Q3: Khaitan forges ahead of half-year leaders CAM, AZB as most see major growth

Khaitan & Co topped the list of 13 domestic law firms’ M&A mandates by value of deals done with $18.7bn worth of transactions, followed by AZB & Partners which topped the list of deals by value, with 43 transactions worth $15.4bn.

AZB re-hires CAM’s Jasmin Karkhanis as counsel in corporate

AZB & Partners has re-hired Cyril Amarchand Mangaldas corporate senior consultant Jasmin Karkhanis as a counsel, reported Bar & Bench and we have confirmed.

2007 NLS-grad Prem Mohan becomes Kirkland & Ellis London partner

Prem Mohan, who had graduated in 2007 from NLSIU Bangalore, has been promoted to partner in Kirkland & Ellis London office in the financial services regulatory practice.

Cyril Amarchand, Vaish on $292m Orient Cement buy of 2 Jaypee cement businesses

“In an attempt to boost capacity and expand its footprint into new markets, Orient Cement Ltd has struck a two-pronged deal with Jaypee Group to purchase a pair of cement businesses at an enterprise value of Rs1,950 crore,” reported Mint.

Shardul Amarchand snaps up Cyril’s Chennai office with Dorothy Thomas

CAM's Dorothy Thomas and team all set to join SAM
CAM's Dorothy Thomas and team all set to join SAM
Cyril Amarchand Mangaldas (CAM) Chennai head and corporate partner Dorothy Thomas and her team are set to be joining Shardul Amarchand Mangaldas (SAM), according to authoritative sources.

Shardul Amarchand Chennai hires Dua partner Aarthi Narayanan for real estate

Dua Associates Chennai partner Aarthi Lakshmi Narayanan has joined Shardul Amarchand Mangaldas as a partner focusing on real estate.

Squire Patton Boggs, Luthra on $80m Manpasand Beverages QIP

Squire Patton Boggs and Luthra & Luthra advised Manpasand Beverages on its approximately $80m qualified institutions placement.

Clasis helps UK firm Clyde to sue Indian client for unpaid fees

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Clasis Law’s UK-headquartered best friend Clyde & Co has sued the Indian arm of integrated telecom infrastructure company Nu Tek, in the Delhi high court, for non-payment of Rs 2.1 crore ($315055) of the law firm’s dues.

Entry of foreign law firms: We asked Prof Madhava Menon what he thinks

Liberalisation of legal services directly upholds citizens’ constitutional right to the choice of lawyers they want to engage, in Prof NR Madhava Menon’s view.