Law firms
Private equity / VC
Exclusive: J Sagar Associates (JSA), Nishith Desai Associates (NDA), Fox Mandal, international law firms Linklaters and two European firms, advised a consortium of investors led by Dutch pension services provider APG, in their Rs 770 crore ($141m) co-investment in Godrej’s Indian residential projects.
Law firms
Exclusive: Twelve-year-old intellectual property (IP) boutique Saikrishna & Associates aims to convert from a sole proprietorship to an equity-sharing by April 2013 and will aim to become a full service firm, said its founding partner Saikrishna Rajagopal, as ex-Luthra & Luthra partner Ameet Datta joined yesterday.
Law firms
Aiming to rekindle a “constructive debate” on the liberalisation of the Indian legal sector, UK headquartered magic circle firm Allen & Overy (A&O) has started a public relations (PR) offensive with an independent survey that confirmed overwhelming support for the entry of foreign law firms among Indian corporate lawyers and clients.
Litigation
Breaking: Fox Mandal advised nine international cricketers who yesterday filed in the Bombay high court to liquidate ALMT Legal-advised Essel Sports (ESPL), the sports-entertainment wing of business conglomerate Essel Group.
Deals in brief
Juris Corp, I&S Associates, Indus Law, MDP & Partners, along with Amarchand Mangaldas, AZB & Partners, Khaitan & Co, Luthra & Luthra, Trilegal and others kept busy on 15 selected deals.
M&As and capital markets transactions take a marginal lead over litigation, competition and private equity and venture capital deals, in our three-week roundup.
Law firms
Exclusive: Fox Mandal Delhi corporate and capital markets partner Sumes Dewan, who joined the firm two-and-a-half years ago, has resigned, leaving only around four non-family partners in the firm’s Delhi office.
Law firms
Exclusive: Economic Laws Practice (ELP) Mumbai indirect tax associate partner Ritesh Kanodia resigned last month after more than six years at the firm, to start up an independent tax practice of two or more partners.
Law firms
Exclusive: J Sagar Associates (JSA) yesterday effectively promoted Mumbai retained partner Aashit Shah as its twenty-third equity partner, becoming an “equity partner elect” to sidestep the 20-equity-partner limit per firm, while Germany-India returnee Anish Mashruwala was made a retained partner.
Law firms
Exclusive: Economic Laws Practice (ELP) is considering implementing a bespoke report by a global human resources (HR) consultant, as the firm lifted four partners into the equity pool alongside its founding partners, while eight associate partners were promoted to non-equity partnership.
Law firms
Exclusive: Luthra & Luthra intellectual property (IP) and media partner Ameet Datta has left the firm for entrepreneurial opportunities, including the option of joining boutique IP firm Saikrishna & Associates.
Litigation
Breaking: Following the recent trend set by the Delhi high court since 2011, the Bombay high court passed its first ex parte, unconditional “John Doe” order to pre-emptively ban the piracy of Viacom 18 Motion Pictures film Gangs of Wasseypur, said the company’s lawyers Naik Naik & Co.
Law firms
Exclusive: Economic Laws Practice (ELP) competition and trade law partner Samir Gandhi is joining AZB & Partners in Delhi as the first partner at the firm to focus on competition law full-time.
Law firms
Exclusive: Lakshmikumaran & Sridharan (LKS) moved to a new 15,000 square feet Bangalore office in the World Trade Centre (WTC) from its Anand Rao Circle office on Friday (8 June).
Law firms
Exclusive: DH Law Associates will open greenfield offices in Delhi and Patna on 1 July.
Deals in brief
This fortnight’s deals package conspicuously features international investors, not only in terms of cross-border M&As and investments but also on the litigation side.