•  •  Dark Mode

Your Interests & Preferences

I am a...

law firm lawyer
in-house company lawyer
litigation lawyer
law student
aspiring student
other

Website Look & Feel

 •  •  Dark Mode
Blog Layout

Save preferences

Instructions: Phonebooth-Knockout: Neolegal-APC | Disney-Network18: Dhall | NHB: Dhir & more…

Package from Jan '13
Package from Jan '13
Deal highlights from Neolegal Associates, Dhir & Dhir Associates, Dhall Law Chambers, Chitale & Chitale, Ashok Purohit & Co, Khaitan & Co, and Wadia Ghandy

Litigation & competition

The Bombay high court ordered Sohail Maklai Entertainment (SME) - the producer of Bollywood film Knockout, to deposit Rs 1.5 crore ($275,760) with the court for copyright infringement of Hollywood producers 20th Century Fox’s movie Phonebooth. SME was also prohibited from exploiting Knockout in any manner whatsoever after 5 March 2013 [Mid-Day]

20th Century Fox: Neolegal Associates founding partner Xerxes Ranina assisted by Bhavna Shinde, Ravina Rajpal and Jahnvi Shah

SME: Ashok Purohit & Co founder Ashok Purohit

 

The Competition Commission of India approved the formation of IC Media Dsitribution Services – the 26:74 per cent joint venture of Disney group’s UTV Global Broadcasting (UGB) and Network 18 group’s IndiaCast [Mint]

UGB and IndiaCast: Dhall Law Chambers founder Vinod Dhall with associates Sonam Mathur and Kabya Chaharia  

 

Capital markets

India’s apex housing finance bank National Housing Bank (NHB) made a Rs 3,750 crore public issue of secured redeemable non-convertible tax free bonds. Kotak Investment Banking, Axis Capital, ICICI Securities, and SBI Capital Markets were the lead managers to the issue [Money Control]

NHB: Dhir & Dhir Associates managing partner Alok Dhir, partner Jay Cheema and principal associate Girish Rawat

 

Corporate / M&A

Japanese refrigeration company Hoshizaki Electric Co bought Western Refrigeration, which makes cold storage bottle showcases and stockers, via a private placement of 50.01 per cent of shares in January, which will eventually lead to a full acquisition [Reuters]

Hoshizaki: Khaitan & Co Mumbai partner Zakir Merchant assisted by partner Vaishali Sharma, with competition law counsel Avaantika Kakkar.

Western Refrigeration: Wadia Ghandy Mumbai partner Farnawaz Mistry

 

Finance & banking

HDFC Bank’s Bahrain Branch granted a term loan to finance the acquisition of BITS Pilani FZ LLC by Birla Institute of Technology and Science Company India

HDFC: Khaitan & Co Mumbai partner Shishir Mehta, Hadef & Partners partner Alan Rodgers on United Arab Emirates (UAE) law and TLT Solicitors partner Richard Mcbride on English law.

Moser Baer India obtained financial assistance from 14 corporate debt restructuring (CDR) lender banks for restructuring its existing facilities valued at 2,383 crore

CDR Lenders: Chitale & Chitale partners KA Sivaram and Abhishake Sinha

 

Please send your latest deal updates to . A one-liner email will do, exclusive news always preferred.

Reported last week on Legally India:

Click to show 1 comment
at your own risk
(alt+c)
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.

Latest comments