Law firms
Corporate M&A
AZB & Partners, Talwar Thakore & Associates, Allen & Overy (A&O), Linklaters and Vinson & Elkins have advised on oil major British Petroleum’s (BP) record acquisition of 30 per cent of 23 oil and gas production sharing contracts (including the KG D6 block) operated by Reliance Industries Limited (RIL) for a consideration of $7.2bn (Rs 32,500 crore).
Projects
Luthra & Luthra has advised a Power Finance Corporation-led consortium of 27 lenders to fund KSK Mahanadi’s Rs 16,190 crore power project in the state of Chhattisgarh.
Corporate M&A
Amarchand and MMB Legal with London firms Nabarro and Taylor Wessing on complex deal between Infrastructure India and Guggenheim involving AIM fundraising and two asset acquisitions.
Law firms
Exclusive: Almost half of a sample of India’s fastest growing companies still relied on domestic law firms to introduce them to foreign law firms, according to a report.
Law firms
Exclusive: The former Bharucha & Partners senior associate and 2006 NUJS Kolkata graduate is in the process of taking on board three more equity partners to create a national law firm.
Private equity / VC
Exclusive: Test prep company Career Launcher takes on Rs 50 crore private equity cash for school chain.
Corporate M&A
ALMT Legal partner Hitesh Jain advised the organising company of Canadian crooner Bryan Adams’ India tour that kicked off in Mumbai and Pune last weekend.
Law firms
Exclusive: The office head of Vaish Associates’ one-year-old Bangalore office K R Vasudevan has quit for a multinational company following internal politics and the office’s strategic shift from tax to corporate work, with a Mumbai associate now taking charge of the branch.
Legal Process Outsourcing (LPO)
Legal process outsourcing (LPO) and traditional outsourcing company CPA Global has appointed London law firm SJ Berwin’s retired senior partner as its new chairman.
Projects
Exclusive: R&A Legal, S&R Associates, Latham & Watkins, Spanish firm Uria Menendez and India Law Services have advised on the internal restructuring of Spanish infrastructure company Grupo Isolux Corsan’s investments into an Indian Rs 4,518 crore ($997m) road project.
Law firms
Exclusive: Allen & Overy (A&O) and its Indian best friend firm Trilegal have extended their preferred referral arrangement indefinitely after having first entered into it for a limited three-year term.
Litigation
Exclusive: Delhi-based intellectual property (IP) boutique IP Gurus has acted for the manufacturers of Rubik’s Cubes resulting in police arrests of four alleged counterfeit cube puzzle sellers.
Corporate M&A
Vaish Associates has advised Pune-based Infospectrum on the sale of its outsourced product development (OPD) business to Persistent Systems, advised in-house by its company secretary and legal head.
Real estate
Crawford Bayley & Co has advised Clariant Chemicals on Rs 240 crore ($53m) real estate transaction involving the sale of its Mumbai-suburban factory premises to Kalpataru Builders-owned Ananta Landmarks, which hired Mumbai law firm Federal & Rashmikant as legal counsels.
Capital Markets
Luthra & Luthra and DLA Piper have bagged the 12,500 crore ($2.75bn) follow-on share sale of ONGC, beating five other law firms in a competitive tender, with Amarchand Mangaldas Delhi winning the mandate for the bankers.
Corporate M&A
Clifford Chance joined hands with J Sagar Associates (JSA) and AZB & Partners to jointly advise Bayer Healthcare on its JV with Cadila Healthcare.