Flurry of Khaitan deals!

Khaitan & Co truly d most active firm in d market.. marching way ahead of d contemporaries..

OMG not another one of these free publicity articles! How about telling us about the young startups instead? Why don't you tell us about the companies they advise? Or does LI only give publicity to SILF members?

reading comprehension clearly not your strong point, there was an article on LI yesterday on a "young startup".

http://www.legallyindia.com/201008301238/Private-equity-/-VC/lexcounsel-continues-carving-out-education-sector-focus-with-educomp-leapstart-investments

This deal is big ticket stuff, especially for khaitan. I am happy to read about it, please keep up the good reporting, it's the best way of keeping in touch from London.

#3 I don't think Khaitan is a SILF member

I like these posts since this site is aimed for all types of ppl related to law starting from students to corporates to lawyers I think all info related to law should be posted. I doubt therz other good source for someone to pickup info about Indian law scene be it courts or elsewhere.

@#2: Just because other firms don't publicize their work on Legally India or through other forums doesn't mean they aren't doing well or that Khaitan is "marching ahead of its contemporaries". The only place Khaitan is marching ahead is in terms of their people who handle publicity so well!

@4: All the big firms in India advise leading companies. AMSS, AZB, Luthra do lots of deals like these and it is hardly big news. I know that Khaitan feels very excited at having done such a deal, good luck to them, but I think it is more creditable if a young firm does such a deal. The young firms need to be encouraged.

Also, why doesn't LI tell us about the pro bono work done by the big firms? Is it because they do not do any and only remember Gandhi while opposing foreign law firms?

#3: Dude whats your problem? Startups are not active in the deal market.. Reporting deal is like news reporting, firms advising corporates on the deals find a mention.. since the start-ups really are not much active in the deals market: they don't feature.. Don't see why that should hurt your sentiments.. Besides as pointed out by #4 legallyindia does provide articles about start-ups.. #4 mentions one.. i can mention so many more.. but don't quite wish to waste my time doing the same..

@4
Coherent grammatical construction is clearly not your strong point.

Just saying.

@2: There is a limit to exaggerating. Do you really mean that Khaitan is more active than AMSS? I challenge you to produce statistics.

I have been saying this for a long time now : Oberoi's run awesome hotels, but unfortunately a lot of them dont make money.

most of the vilas properties are run in the red and the sheer project cost of these hotels makes them very very difficult to digest. you need someone with deep deep pockets.

Mukesh Ambani is just the man.

here is what i think will happen:

1. expect management changes within 6 months - 1 yr (especially the project & finance areas)
2. expect an open offer within 1 - 2 yrs
3. expect rapid expansion
4. expect brand change within 3 yrs

I dont think this is purely an investment from Reliance. I would like to think that it would be similar to Four Seasons or Aman (in both cases the original owners retained 3-4% ownership in the company and no brand changes were made), but I dont think so.

Mr. Oberoi will be around. The family (along with Mr. Analjit Singh) might own 10% or so eventually, but sooner than later you will see the Reliance stamp all over the company.

#11 I agree with you. No statistics can ever be produced where any firm can be shown more active than AMSS. Of course no firm can beat AMSS, and for that matter even AZB. They are King and Queen of Indian law firms. How dare Khaitan or any other law firm even try to do well! Even though this is an era of consumerism, Indian corporates should have limited options for their legal advisors so that only King and Queen continue to make money.

Forget AZB, AMSS, Luthra or Khaitan here...guys we are talking about Reliance here! And now the richest man in the country has made his foray into the hospitality sector too..and this is just the beginning..one day will come when there will be nothing in India except Reliance...they truly follow their famous tagline..."kar lo duniya mutthi mein!!"

there is no way khaitan can be positioned in the same bracket as AMSS and AZB, its only khaitan bombay which is active on the deal fronts, delhi office has a lot of catching up to do.Khaitan Kolkatta has genuflected to the bandh culture and Bangalore office remains as the most hopeless office in the whole country..so khaitan bombay is the only deal generator, rest are jus eating up on the good work of Mr.Haigreve.

Seems to be a contest between cheerleaders of KCO and AMSS/AZB

i see many mention AMSS, Luthra are very active in deal market..their deals however not getting reported because they do not wish to publicize.. seriously? i l quote 'thomson reuters mid market m & a review of 1st half 2010'.. Based on value: AZB 1, Khaitan 7, AMSS 20, Luthra 28. Based on number of deals: AZB 1, Khaitan 4, AMSS 20, Luthra 30. The review is a coverage of top 30 firms of the world as on July 7, 2010 in m & a. Other firms in the top 10 are: wong partnership, freshfields, jones day, allen overy, clifford chance, grandall, skadden, linklaters..

2009 standings: azb 1, khaitan 5, amss 35, luthra 25.

Since guys at AMSS seems to boast a lot..thought of sharing some trustworthy (yet interesting) info.. i guess: if it is, then it is.. if it aint, then its aint.. if i m the king as mentioned above, i'd be really worried.. ;-)

is khaitan a law firm? never heard of it. is it owned by the people who own khaitan fans?

who's dis amarchand mangaldass? whats their story apart from making the firm's name sound so lengthly like the most Jewish firms which just never seem to end..

Dear Statistics!

Great inputs buddy.. seems the amss cheerleaders are down with 'reality shock'!

in all the din - people are forgetting the leadership position of azb. sitting here in Singapore, it looks like this firm has more business than a magic circle firm. it has done something like 18 billion dollars of m&a activity. in 2 weeks it has done the vedanata deal and now the RIL deal. truly amazing.

#21 - agree buddy. why is it that AZB is in all RIL deals ? looks like the firm's representation on the family settlement for elder ambani and the winning gas litigation in supreme court is making the Firm the new flavour for the big daddies of indian corporates.

Legal Advisors Ranking M&A H1

Only 5 Indian Firms in Honk Kong India China malaysia region.

Rank 1-AZB
Rank 2-Khaitan
Rank 3-P. H. Bathiya
Rank 4-Amarchand
Rank 5-Luthra

Link for rankings: http://www.2shared.com/document/VhT4g3UX/Small_Cap_-_Honk_Kong_China_In.html

Finally this thread finds peace.. statistics seems to have helped us sort out the leaders and also the boasters.. dis s y i like legallyindia threads comments.. always an eye-opener..