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13 July 2010
Law firms

KochharCo-Abhinav-MohindruKochhar & Co has started a niche corporate fraud, ethics and integrity practice by hiring expatriate solicitor Abhinav Mohindru as partner and consultant from a UK regional firm.

09 July 2010
Law firms

dead-end-sign_by_Andrew-MasonAs the Madras High Court decided on Wednesday (7 July) to serve 31 foreign law firms with the petition that seeks to prevent them from operating in India, respondent firms and local corporate lawyers have expressed confidence that firms' India businesses would remain largely unaffected.

09 July 2010
Private equity / VC Amarchand Mangaldas has acted for private equity fund Warburg Pincus in its investment of Rs 392 crore ($85m) in India's largest diagnostics laboratory chain Metropolis Health Care, which was advised by Desai & Diwanji.
08 July 2010
Legal Process Outsourcing (LPO)

CliffordChance-London-officeClifford Chance has again hired a legal "consultant" from its Gurgaon-based captive legal process outsourcing (LPO) centre OSC Export Services as a lawyer into the main firm.

07 July 2010
Litigation

four-lions-indiaEconomic Laws Practice (ELP) and Naik Paranjpe & Co have respectively represented Bollywood film studios PVR Pictures and Reliance Big Entertainment in filing a writ petition to challenge the imposition of service tax on copyright transfers, which was introduced by the Finance Act 2010 on 1 July 2010.

07 July 2010
Law firms

envelope-anique-by-pareericaThe 31 international law firms and one legal process outsourcing (LPO) company will now be served with notices to defend the Chennai writ petition that aims to prevent foreign firms practising any law in India.

Today, as the petitioner pressed for an injunction against the foreign firms, the government respondents' counsels asked for time to file responses while the law ministry and Bar Council of India would "frame guidelines" on the issue.

06 July 2010
Corporate M&A

RBS-LondonBharucha & Partners with Norton Rose and Talwar Thakore & Associates (TTA) with best friend Linklaters are advising HSBC on its takeover of the Indian retail and commercial banking business of Royal Bank of Scotland (RBS) for a premium of Rs 444 crore ($95m) over the net asset value of the business.

05 July 2010
Capital Markets

stock_exchange_chartAmarchand Mangaldas acted on more than half of the total number of Qualified Institutional Placements (QIPs) in Legally India's QIP League Table of the 2009-2010 fiscal year. AZB & Partners and Khaitan & Co were the second-busiest followed by J Sagar Associates (JSA) and Crawford Bayley and S&R Associates amongst domestic firms.

International firm Jones Day bagged the maximum QIPs out of foreign law firms acting for the book running lead managers while Linklaters, Dorsey & Whitney and Clifford Chance also won mandates on a significant numbers of fundraisings.

02 July 2010
Law firms

induslaw-Suneeth_KatarkiInduslaw has hired Nishith Desai Associates (NDA) partner, Bangalore head and fund investment co-head Kartik Ganapathy as an equity partner, while NDA partner Vaibhav Parikh returned from the firm's Silicon Valley office.

02 July 2010
Law firms

Lower-Parel_mumbaiS&R Associates is set to start up its greenfield Mumbai operations with Delhi-based co-founding partner Sandip Bhagat relocating full-time to the Mumbai to service existing clients and to build a full-service practice.

02 July 2010
Corporate M&A AZB & Partners has completed two deals for its long-standing client International Finance Corporation (IFC), which bought a $25m share in power projects company Bhilwara Energy Limited and $5m in Applied Solar Technologies.
02 July 2010
Capital Markets AZB & Partners, Luthra & Luthra and Jones Day have advised power generation company Ind-Barath Power Infra on its initial public offering (IPO) of equity shares through which the company hopes to raise Rs 1153 crores.
01 July 2010
Projects Link Legal has advised a GMR-Malaysia Airports consortium on winning the contract to build and expand the Male Maldives airport for around $300m (Rs 1,390 crore).
29 June 2010
Litigation

LuthraLuthra-Vijay-SondhiIPL (Indian Premier League) broadcasters Sony Entertainment Television yesterday filed a Rs 147 crore recovery suit in the Bombay High Court through Luthra & Luthra against the BCCI (Board of Control for Cricket in India) and its media rights licensee World Sports Group (WSG).

25 June 2010
Law firms

Juris Corp has promoted finance partner designate Veena Sivaramakrishnan to full partnership and has lured sole practitioner Anil Mehar Singh Jarial to join the firm as a dispute resolution and real estate partner in Mumbai.

24 June 2010
Law firms

Mumbai-sealink-construction-by_swami_streamDua Associates Mumbai partner Mahernosh Humranwala and his team are on notice to join Tatva Legal next month and will head up the half-year-old firm's Mumbai growth efforts, which was formed by 50 former Dua lawyers.