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27 October 2010
Private equity / VC

AZB & Partners has acted for private equity (PE) firm Matrix Partners India in its Rs 50 crore investment in New Delhi based eye-care hospital chain Centre for Sight (CFS) which was advised by SRGR Law Offices.

22 October 2010
Capital Markets

stock_exchange_chart Exclusive: Amarchand Mangaldas has reclaimed the top rank in Legally India’s 2010-11 first-half-year initial public offering (IPO) league table ahead of Luthra & Luthra, with AZB & Partners winning third place after doubling its IPO mandates compared to the same period last year as Khaitan & Co dropped four ranks.

21 October 2010
Capital Markets

Five law firms including Amarchand & Mangaldas, Luthra & Luthra, S & R Associates, Crawford Bayley & Co and Fox Mandal have been selected to pitch for the SAIL (Steel Authority of India) first phase 10 per cent share disinvestment, expecting to enrich the Exchequer by Rs 8,000 crores, reported the Economic Times.

19 October 2010
Law firms

chennai_beach Exclusive: Entrepreneurial ambitions have encouraged three partners from Universal Legal, Dua Associates and Paras Kuhad Associates to start a new law firm in Chennai under the banner Vichar, which in Sanskrit means idea, thought or opinion.

18 October 2010
Law firms

Attorney General of India Goolam Vahanvati was conflicted out of providing the government with a legal opinion on the Vedanta-Cairns deal because his son AZB & Partners Mumbai partner Essaji Vahanvati had worked on the deal, according to a report in the Daily Pioneer today.

16 October 2010
Law firms

Khaitan-Co_Vaishali-Sharma-crop Exclusive: AZB & Partners corporate and private equity partner Vaishali Sharma has joined Khaitan & Co’s Mumbai office, as AZB has stemmed a string of associate departures over recent months.

15 October 2010
Litigation

knock-out-movie Naik Paranjpe & Co has yesterday secured the scheduled release of Sanjay Dutt-starring Hindi film Knock Out for its Indian producer clients by getting a stay on the movie vacated after initial allegations of copyright violation by Twentieth Century Fox were heard in the Bombay High Court on Monday.

14 October 2010
Law firms

Ship Exclusive: ALMT Legal has hired Paras Kuhad Associates partner Gautam Bhatikar to beef up its shipping practice, which is one of the specialist areas of ALMT’s UK best-friend firm Clyde & Co.

13 October 2010
Law firms

do-not-enter-sign Nishith Desai Associates managing partner Nishith Desai was turned away by US immigration last week in Canada and had his business visa cancelled, because he would require an employment visa when meeting clients in the US.

11 October 2010
Projects

steam_rollers_road_building_th Luthra & Luthra has built on its lead in the Dealogic Indian project finance league table of the first three quarters of 2010, as Amarchand Mangaldas completed four project financings in the last quarter and caught up into second place ahead of newcomers such as Axon Partners LLP and R&A Legal Advocates. Globally the top two firms are also in the top 10 of project finance legal advisers by value.

08 October 2010
Corporate M&A

pieMnA AZB & Partners has topped the mergermarket league table for the first three quarters of 2010 in a record year of M&A activity so far. The firm is followed in the rankings by Desai & Diwanji, Amarchand Mangaldas, Khaitan & Co and newcomer Tatva Legal according to the total number of mandates.

07 October 2010
Law firms

closed-sign_by_renaissancechambara Thakker & Thakker will cease operations by the end of this year, following founding partner Bijesh Thakker's surprise decision to retire form law and work on philanthropic projects. The firm’s lawyers are understood to be in the process of seeking opportunities elsewhere.

05 October 2010
Law firms

clock-eternal-by-RobbertvanderSteeg The Chennai writ petition against 31 foreign law firms has yet again been adjourned for two months following the Government’s and Bar Council of India’s (BCI) pleas for enabling them time to formulate regulatory guidelines in the BCI’s bid to invite consultation from all stakeholders.

01 October 2010
Law firms

Argus-Law_Krishnava_Dutt Argus Partners, which broke away from Amarchand Mangaldas Kolkata last year, has set up a Mumbai office relocating partner Ramya Hariharan to the city full-time while partner Krishnava Dutt will also spend half his time in the financial hub.

01 October 2010
Projects

FoxMandal Delhi acted as the lender’s sole legal counsel for state power sector unit Rural Electrification Corporation (REC) and others in the development of a 1,320MW thermal power project in Andhra Pradesh.

26 September 2010
Law firms

ALMT-Vineet-Aneja Former Luthra & Luthra and FoxMandal Little partner Vineet Aneja has now joined ALMT Legal to start up the firm’s office in Delhi.