Law firms
Corporate M&A
Indus Law advised textile and apparel retailer Arvind Brands, which bought 49 per cent of the Indian licensee of global fashion giant Calvin Klein (CK) for Rs 100 crore. J Sagar Associates (JSA) advised the previous licensee Premium Garments and Wholesale Trading.
Litigation
Luthra & Luthra is defending Finnish cellular giant Nokia’s Indian subsidiary Nokia India in its Madras high court writ contesting the Tamil Nadu VAT department’s claim and in the Supreme Court against a Rs 2,250 crore sales tax guarantee.
Law firms
Khaitan & Co hired two salaried partners and one counsel, with nine years of experience, in its capital markets and the energy and infrastructure practices across Delhi and Mumbai.
Capital Markets
Luthra & Luthra and Perkins Coie acted for the Government of India in the first-of-its-kind central public sector enterprise (CPSE) exchange traded fund (ETF), which offered stakes in 10 public sector undertakings (PSUs) through a mutual fund structure.
Law firms
Trilegal has hired Deloitte counsel Himanshu S Sinha as a partner in its direct tax practice in Delhi and promoted infrastructure counsel Neeraj Menon to its partnership.
Law firms
Khaitan & Co has promoted two Mumbai salaried partners - Adheesh Nargolkar and Raj Panchmatia - to equity partnership, and 11 principal associates to salaried partner.
Law firms
J Sagar Associates (JSA) has today promoted nine of its lawyers to its salaried partnership across Delhi, Gurgaon and Mumbai.
Corporate M&A
AZB & Partners acted for Tata’s subsidiaries Trent and Trent Hypermarket that entered into a joint venture with Anglo-global supermarket retail behemoth Tesco, which drafted in Trilegal.
Law firms
Former AZB & Partners senior associate, Souvik Ganguly, who founded start-up law firm Acuity Law, as reported by Legally India in February 2012, has joined BMR Legal as a partner.
Corporate M&A
Leapfrog Investment bought a Rs 174 crore ($29m) stake in IFMR Capital Finance, advised by Desai & Diwanji and Trilegal.
Law firms
HSA Advocates has promoted Pranav Singh and Harsh Arora to its partnership, while Sumedha Dutta and Arun Mani were elevated to asociate partner level [Bar & Bench]
Law firms
Khaitan & Co partner Vaishali Sharma, who joined in 2010 from AZB & Partners, has quit the firm.
Law firms
Trilegal Delhi senior associate Mohit Jolly left the firm on 15 March to set up RDJ & Associates in Delhi, focussing on disputes, corporate-commercial, secretarial and intellectual property (IPR) work.
Law firms
Twenty months after the Supreme Court (SC) had given 10 weeks to complete serving notices on foreign law firms, the Bar Council of India (BCI) appeal against foreign law firms practicing in India, remains stuck at the service stage.