Law firms
Corporate M&A
Exclusive: Amarchand Mangaldas advised French electrical and digital building infrastructure major Legrand Group in its Rs 837 crore ($171m) acquisition of Chennai-based Numeric Power Systems’ uninterruptible power supply (UPS) business, which as advised by Universal Legal.
Law firms
Former Baker & McKenzie Thailand senior associate Rupinder Malik has joined J Sagar Associates (JSA) as a retained partner in Gurgaon on 1 February 2012.
Corporate M&A
Khaitan & Co advised Bahrain-headquartered telecom service provider Bahrain Telecommunications Company (Batelco) in its $174m stake sale in its Indian joint venture STel to Skycity Foundation, which was advised by Rajani Associates.
Law firms
Three young lawyers have started up a Delhi litigation boutique called KIAA LLP (Knowledge Information Acess Advocates), one-and-a-half years after its founding partner obtained an undergraduate law degree from the law school of Amity University, Noida with two other partners who graduated half a year ago.
Law firms
Exclusive: FoxMandal Delhi and Little & Co have separated earlier today with Little repaying Fox the original stake purchased in the Bombay solicitors firm when they merged in 2006.
Projects
Exclusive: Amarchand and Mangaldas has replaced last year’s project finance leader Luthra & Luthra to secure the top rank among India’s 10 highest cap project deal firms in 2011, according to data provider Dealogic.
Law firms
Exclusive: Amarchand Mangaldas will launch in Chennai by March with Kochhar & Co Chennai head Dorothy Thomas, followed by re-opening in Ahmedabad with a Pune office pegged for the latter end of this year.
Deals in brief
Deals with Dua Associates, AZB & Partners, Khaitan & Co, Vichar Partners, Majmudar & Co, J Sagar Associates (JSA) and more…
Law firms
Exclusive: PXV Law Partners’ founders have agreed to separate, with managing partner Rohit Das and co-founding partner Arindam Pal reverting into the RDA Legal brand name in Mumbai and Kolkata, while the six remaining partners would continue in Delhi and Bangalore under the PXV banner. Both firms intend to restart offices to become national firms again.
Law firms
The Madras High Court reserved its judgement yesterday and has begun deliberating on the fate of 31 international law firms and legal process outsourcing (LPO) outfit Integreon, and whether they face a ban of flying into India, after counsel for all sides concluded arguments.
Law firms
Exclusive: ALMT Legal has promoted four senior associates in Mumbai and Bangalore taking its total global partner strength to 18.
Corporate M&A
DSK Legal advised Bangalore-based pharmaceutical company Strides Arcolab in the sale of its 94 per cent shareholding in its Australian and Southeast Asian subsidiary Ascent Pharmahealth to US- based Watson Pharmaceuticals for A$375m (Rs 1965 crore), alongside Herbert Smith and Australian firms Freehills and Middletons.
Corporate M&A
Luthra & Luthra has advised Tata Global Beverages on its joint venture with US coffee chain giant Starbucks Corp, which drafted in Amarchand Mangaldas.
Law firms
Uncertainty still prevails over whether overseas lawyers can fly into India to advise on foreign law, concluded an animated panel-discussion at the first American Bar Association (ABA) conference in India held last week at the Taj Lands End in Mumbai.
Law firms
Juris Corp Mumbai partner Vandana Sekhri has resigned from the firm, effective 31 January, to pursue other opportunities.