RDA Legal advised pickles and jams manufacturer Desai Brothers in buying out Savannah Hotels from Sinclairs Hotels, which operates the Savannah-Sinclairs Hotel in Bangalore, and from Savannah’s other shareholders.
RDA managing partner Rohit Das and associates Ushasi Das and Robin Quadros advised on the transaction, while partner Avik Biswas led the due diligence with senior associate Naren BS and associate Soumik Das.
Sinclairs Hotels, which Das advised in its November 2011 acquisition of Savannah, was advised in-house.
Comments
Fight...no fight...dog...no dog...I dont care...I want salary.
Fight...no fight...dog...no dog...I dont care...I want salary.[/quote]
Then go ask your boss.. What will LI do in that case?
Please don't use words like dog for people.
Please don't use words like dog for people.[/quote]
Oh, you must be that guy who also thinks the word underdog is a big gaali and dogged pursuit means engaging in an act of moral turpitude. I now see your point.
I am pretty sure that was a part of this article. Now its gone!! :O Magic? or RDA fooling around?
I am more concerned for RDA's clients if they are manipulating news on Legally India as well. Legally India should explain such sudden twist in the story after the earlier comment.
How can RDA advice both parties in relation to the same transaction? (if that was what the earlier comment was about)
[quote]Sinclairs Hotels, which Das advised in its November 2011 acquisition of Savannah, was advised in-house.[/quote]
The very first version, which was up for around 15 minutes had added an "it is understood" somewhere, which we took out after the first edit.
The article never ever stated that he acted against the Desai Brothers, nor do I have any idea where someone's reading comprehension would have failed sufficiently to have remembered this...
Also, please keep discussion civil, ok?
Best wishes,
Kian
I am more concerned for RDA's clients if they are manipulating news on Legally India as well. Legally India should explain such sudden twist in the story after the earlier comment.
How can RDA advice both parties in relation to the same transaction? (if that was what the earlier comment was about)[/quote]
You mean "advise"?
I guess your first question answers your second question. Answer to the first question should be given by RDA themselves. All they have left is Husband-wife with two associates, one from NUJS and another from NLIU in Mumbai.
Bangalore office have some other two (unless anyone new joined at either offices). I guess the names mentioned above is the entire RDA team!!
I guess your first question answers your second question. Answer to the first question should be given by RDA themselves. All they have left is Husband-wife with two associates, one from NUJS and another from NLIU in Mumbai.
You meant "losing"? Just asking! (flutters eyelids)
Sadly, the opposite is the case. Went really well for a short while after the split. Started two new offices, hired lot of new people, paid really good salaries and liberally promoted partners. There was a general sense of optimism and enthusiasm throughout the Firm. Then unfortunately the work dried up, lawyers were given absurd revenue targets and a huge part of the salary was linked to these absurd targets. That's when people started to leave. I dont know which side of things are in shape when you have more number of offices than lawyers.
Really? Even Rohit would cringe at this kind of embarrassing praise. Unless your idea is to actually insult him under the guise of praising him. Not cool.
Really? Even Rohit would cringe at this kind of embarrassing praise. Unless your idea is to actually insult him under the guise of praising him. Not cool.[/quote]
Some of us do not care about being cool. Or is that unimaginable? Some of us are actually happy if our batch mates do well! Apologise if that is "uncool" or makes you cringe.
Rohit, power to you.
So are you dead sure that everyone (past/ present) have been paid? Because I know the contrary. So how has it still been "doing well"?
According to your comment most of them left (voluntarily) because they were not contributing? Dedicated bunch of lawyers RDA had! Or did they leave because they were not being paid and therefore did not contribute to work?
Why were people so "close" to Rohit looking out for jobs elsewhere? I believe except for Rohit everyone applied for jobs elsewhere. I was a witness to it in my own firm.
And who said - anyone left voluntarily? Dead wood must be shed and it has been.
Glad to hear you have your "own firm"....clearly you have learned a thing or two from RDA.
If we should not believe an anonymous group, how can we trust the limited few in the firm? They will obviously not say anything bad. We need to hear from those who left as to why the situation is so bad. If someone may pour some light.
Since you seem to be a better judge of what ought to be reported than LI itself, surely you will be a better judge of estimating the cost of buying out this hotel.
http://www.savannahhotel.co.in/
Rohit, Power to you.
Please try to keep the discussion civil on both sides, rather than turning this into an NUJS alumni love- and mud-fest on both sides...
Thanks
Kian
Please try to keep the discussion civil on both sides, rather than turning this into an NUJS alumni love- and mud-fest on both sides...
Thanks
Kian[/quote]
Dear Kian,
I don't think it's just a question of NUJS alumni, look at the comments on the Luthra and AMSS partnership threads - good god! Trilegal and its lawyers always get taken apart as well. I'm not getting into who deserves what but you really need to take a clear stance and start censoring ridiculous comments. I really liked some of the things you had written on the Luthra thread - perhaps you can need a strong censorship policy - like not allowing individuals to be bashed up!
And people left "voluntarily"? Maybe it's time everyone found out that most of them got kicked out for being too dumb or too lazy!
Let the haters be! You guys will go on to achieve bigger and better things!
And people left "voluntarily"? Maybe it's time everyone found out that most of them got kicked out for being too dumb or too lazy!
Let the haters be! You guys will go on to achieve bigger and better things![/quote]
I believe only 1 associate was fired, but every other Partner and Associate resigned on their own volition.
Doesn't it smell fishy, and seem like dal me kaala, when Rohit just promotes those as Partners and they resign within 1-2 months. Why would Rohit promote them as Partners and immediately fire them? Seems like a contradiction there at RDA and with few comments which clearly seems to be from within RDA,
Those fired or ones who leave on their own will are not paid. Is it a policy, whereby you should not pay anyone who leaves your firm, due to the reason of non-payment since December, 2012?
RDA keeps associates and does not pay. Associates leave RDA and they are not paid. Rohit was never like this. I do not understand what prompted him to such an atrocious decision-making and he is spoiling the good image that he has. Surely not his mind at work here.
No law firm fires anyone without payment and it seems no one is paid at RDA. Surely, the whole daal at RDA is black.
if they were too dumb or too lazy, why were they taken in the first place? You realise that your generalisation affects the credibility of some perfectly good lawyers....
I think it should be accepted that while Rohit may be a brilliant lawyer (and the jury is out on that one) .. he cannot (or did not) manage RDA Legal as well as he should have....
No, only second best. Rohit is the best. Please get in touch with Batchmate 7.2.3 for more details and to settle this once and for all.
You should really do something at a policy level. I'm not in the Firm anymore and I have my own reasons for that. But even I can tell you that some of the negative stuff is just blatant lies. This is a very good deal to have been done by RDA but it's getting mounted by unacceptable rubbish.
Though I did hear on the grapevine that there were some issues with salary payments at some point.
While I agree that comments of this nature are entertaining, I think most readers would appreciate your intervention to ensure that comments that are completely unrelated to an article/post on LI are not allowed to be posted.
As for the grapevine - it will continue to entertain the bored. Let LI not be a conduit for mud slinging or spreading rumours, irrespective of how entertaining they may be or which quarter they may come from.
Sincerely hoping that LI will take note and censor irrelevant and personal comments and not allow perpetration of baseless allegations by failing to censor such posts.
Best regards,
Concerned Reader
Though I did hear on the grapevine that there were some issues with salary payments at some point.[/quote]
Kian,
I guess that the remaining few at RDA are trying to stop others from commenting on this issue because they cannot defend the same. This is the reason why they are pressurising you into "censoring comments". I guess if LI is not covering the issue on (not "late", but "NO") payments in RDA, they may at least provide moral support to those who have been affected severely that other don't follow suit and fall into the trap of RDA. Its not that there were "some issues" and at "some point". The Partners and Associates who have left have still not been paid and current Associates have also not been paid. This is existing since November-December 2012, and no one has got their complete payments till date. Further, they have received paltry sum for bare existence. No one had any idea on accounts and where the funds were being "diverted".
As someone mentioned in some comment, all this is really fishy. Why promote lazy ones to partnerships or why fire them after promoting them to partnerships? It is awkward as to RDA finding faults with every employee. Every firm has a bunch of few lazy or incompetent people, but never fire them to such an extent. How did RDA manage to employ every single person whos incompetent as they claim? Problem is with RDA itself and they are truly spoiling careers of few amazing Partners and Associates that have quit by making random generalised comments. I know some of them who have quit are gems and left the best possible jobs for a future at RDA. I think that is as big a sacrifice as anyone can give RDA. You leave jobs worth lakhs to join this place, which in turn pays you nothing.
I had a chat with a really close friend some time back who appraised me as to this situation and was concerned about his/her career being totally destroyed. I believe LI should provide support to those who have still not got paid for whatever vague reason as the firm may provide. By ignoring or not posting such comments you will only keep a firm happy which is running a tyranny making everyone work without absolutely paying them for more than 8 months!! They will yet continue to expect you to work for free!! I do not understand this logic and sympathise with the employees.
This deal report should not be misleading to the younger lawyers who will graduate,and assume it to be a good firm, or to lure more partners because I have heard the pains of few. Let them make an informed choice about their future.
Kian you are yet doing a good job, and obviously I guess by now everyone know the true state of the firm, that you may cover a story on the same, else the limited few in the firm will continue misleading general public. Your job is not too easy to keep a balance and satisfy everyone. But there is a BIG space for truth in journalism and I believe it is your duty to bring the reality out rather than knuckle under firms. It is a close knit firm at present with family and best friends except for one from GNLU and one from NLIU. So they may continue protesting against these comments.
I concur with "Voluntary" at Point 15.2. I do not understand why would a firm not pay salaries for months on end (8-9 months) make associates and partners slog and give targets for salaries!! The biggest joke of all, you do not pay someone who has left you, or someone who has been allegedly fired.
I can't believe this from Rohit as I know him personally. I really do not know who is taking such obnoxious calls in the firm. If it is in fact Rohit, he is not really doing himself a great favour after having a really good reputation as a good human being. I hope he does pay all his employees (past or present) and I hope Li support the others. I support you'll too. For those who lost out on pay and a huge chunk of real life due to such problems just know that whats right is right, just fight for what belongs to you. Hope you'll all have great careers, and hope RDA too does well and I see the same Rohit that I know.
I would however say that some of the comments here seem to make no sense and are just pointlessly vitriolic. Knowing the cast of characters involved, I wouldn't put it past some of them to repeatedly comment under different names. Not sure of who you are.
On the issue of 'informed decision', I am a little less sympathetic to your pleas for publicity. Everyone who wants to join a firm checks with people - and if its that big an issue, you find out. Remember, most of the people named are ex-Noojies. Very easy to find out.
Also, everyone seems to have a field day painting Rohit as the villain who effectively destroyed the lives of several budding legal luminaries and left their careers severely hamstrung after somehow brainwashing them to leave otherwise good jobs where they were doing very well. One: you need two hands to clap - they must have wanted to come to Rohit as well. Two: dude, none of the names I've heard till now can qualify as doyens of the legal industry. Three: Let's just give the RDA guys credit for a deal well done and leave it be at that. This is not the time to air the dirty laundry. Or settle personal scores.
Thank you very much DC, MP N VR.
You'll are under disguise, but you'll are actually the best which you'll have proved in this industry already.
Thanks for your wishes and continuous support since when I joined college.
- RQ.
Well said Suhas.
when one is down, opponent may not talk but finish deal.. otherwise down fellow will get up and finish opponent..
wait and watch.. RDA rox
when one is down, opponent may not talk but finish deal.. otherwise down fellow will get up and finish opponent..
wait and watch.. RDA rox[/quote]
This comment makes absolutely no sense. Are you high?