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16 February 2010
Legal Process Outsourcing (LPO)

CPA-Global-Leah-Cooper_thLegal process outsourcing (LPO) provider CPA Global has hired Rio Tinto's managing attorney Leah Cooper as a board member, following Cooper striking a deal last year to outsource $20m of the mining giant's annual legal work to CPA in India.

16 February 2010
Law firms

induslaw-Suneeth_KatarkiInduslaw has created a new career step of principal associate as a one-to-two-year training ground before partnership and has promoted one if its senior associates into the new role.

15 February 2010
Projects FoxMandal Little has acted as lender's counsel on the Rs 2224 crores ($515mn) ONGC Tripura Power Company project finance documentation acting for Power Finance Corporation.

The firm was instructed in September 2009, with Delhi senior partner B N Banerjee, and senior associate Rajesh Sehgal and associate Milli Chatterjee leading the team.

According to a press release from the firm, no other law firms were involved in the transaction.

Sehgal said in the release: "It was challenging, since ONGC being a Navratna company is on the Board of the OTPC. For us it was the first time we had done a deal with ONGC and the captive natural gas based power stations interconnected with the power project."

Oil and Natural Gas Corp (ONGC) received Rs 2,224 crore in debt funding from Power Finance Corp (PFC) for its proposed 700 MW power plant at Tripura.
11 February 2010
Law firms

Keith-Vaz_by-Steve-PunterFoxMandal Little's London office has hired UK MP Keith Vaz as a "brand ambassador", while the firm's similar commercial retainer with its previous London consultant and former High Court judge has ended.

10 February 2010
Law firms

chennai_beach_th2Surana & Surana head consultant litigation M L Joseph has set up the law firm Chennai Law Associates to focus on contentious and intellectual property matters.

10 February 2010
Law firms

delhi_gate_thLink Legal has promoted senior associate Ajay Sawhney to partnership in its corporate and aviation practice and has hired a senior associate projects lawyer from in-house.

09 February 2010
Corporate M&A Desai & Diwanji and Tatva Legal, with Davis Polk & Wardwell and Richards Butler advised on private equity house Quadrangle Capital and others' $300m investment in India's second largest operator of telecoms towers Tower Vision India.
05 February 2010
Law firms

SN_Gupta-Hiren-MehtaSN Gupta & Co is launching its Mumbai litigation practice with the hire of former MLS Vani & Associates senior associate Hiren Mehta as a partner, who will look to building a practice of 10 lawyers in the firm's new High Court office.

04 February 2010
Litigation

Alishan NaqveeA divison bench of the Delhi High Court has widened across India its April 2009 judgment that service tax on commercial rentals is ultra vires the Finance Act, in a victory for law firm LexCounsel.

04 February 2010
Projects

Luthra--Luthra-Vijaya-Rao-newLuthra & Luthra has closed the Rs 2400 crores ($521m) GVK Power (Goindwalsahib) project finance fundraising acting for IDBI Bank and a consortium of 12 others as lender's counsel.

Luthra & Luthra's projects team was led by Mumbai partner Vijaya Rao (pictured), assisted by managing associate Bikash Jhawar, and associates Pulkit Sharma and Sneha Jha.

03 February 2010
Corporate M&A Khaitan & Co and Naik Naik & Co have advised multiplex owner INOX Leisure in acquiring  a 43.28 per cent stake of the promoter group of rival multiplex chain Fame India for Rs 66.34 crore.
03 February 2010
Private equity / VC

Call CentreKhaitan & Co has picked up the Indian mandate to advise private equity group Intermediate Capital Group (ICG) on the $440m purchase of legal process outsourcing company CPA Global, alongside a raft of international firms.

03 February 2010
Capital Markets Amarchand Mangaldas Mumbai is acting for Oberoi Realty while AZB & Partners Mumbai and Shearman & Sterling Singapore are acting for the underwriters in the Rs 1,500 crore ($325m) initial public offering (IPO) of the Mumbai real estate company, according to the draft prospectus filed with the Securities and Exchange Board of India (SEBI) on 18 January 2010.

The book-running lead managers are Kotak Mahindra, Enam Securities, JP Morgan India and Morgan Stanley India.

Amarchand, Luthra & Luthra and Khaitan & Co were leading in Legally India's Q3 2009-10 IPO rankings.
02 February 2010
Corporate M&A

AirplaneMumbai firm Gagrats and Link Legal have advised on the joint venture (JV) between Jet Airways and GMR Hyderabad International Airport and Malaysian Aerospace Engineering.

02 February 2010
Law firms

Bangalore-vidhana-soudhaVaish Associates has opened up a Bangalore office, hiring an ex-Indian Revenue Service (IRS) officer and lawyer to help it grow to 24 lawyers within a year in the city.

01 February 2010
Law firms

tree-hdr_by_PaulobrandaoEnvironmental law specialist and Trust Legal founding partner Sudhir Mishra has joined FoxMandal Little (FML) Delhi as a consultant to expand the firm's environmental law practice.