Law firms
Law firms
Rodney Ryder has merged his practice with young start-up law firm ANM Global, spinning off his Scriboard company into a separate entity for legal education.
Projects Delhi-based law firm R&A Legal, project finance firms India Law Services and MV Kini & Co have advised the borrower, bank consortium and NHAI (National Highway Authority of India) respectively in the construction of India’s longest elevated expressway in Chennai.
Law firms
Amarchand Mangaldas' Mumbai region offices have made 2011 job offers for 41 students, most recently picking up 12 each from GNLU Gandhinagar and Nalsar Hyderabad, nine from NUJS Kolkata and eight from NLSIU Bangalore. Last year the firm had recruited the equivalent number of freshers from only three campuses more than a month later.
Law firms
Clifford Chance expects to have an office in India by late 2012 said the firm's senior partner Stuart Popham, vowing to keep pushing the liberalisation agenda in India despite a lack of "overnight" results during his visit as part of the UK prime minister's delegation.
Law firms
Trilegal has hired its first full-time partner in Hyderabad with DS Associates' co-founder Pavan Kumar joining to take advantage of the recovering economy after the firm scaled down in the city during the global downturn.
Finance
Khaitan & Co's recent White & Case lateral hire has advised Reliance Industries and Infotel Broadband Services on a $500m loan to finance its broadband wireless access (BWA) auction win. Linklaters and Juris Corp advised the lead lender RBS.
Private equity / VC Khaitan & Co has advised Rabobank's private equity unit Rabo Equity Advisors in its investment of Rs 50 crores in Agra-based integrated packaging company called Vacmet India Limited for a 23.92 per cent post-issue equity stake.
Corporate M&A
AZB & Partners advised Japanese steel giant JFE that bought 14.9 per cent for $1.02bn in India's third largest steel maker JSW, which was advised by Amarchand Mangaldas.
Law firms
Suman Khaitan's Khaitan & Partners has moved to a bigger office in Delhi to combine its litigation and corporate law practices which until now were servicing clients from two different locations, aiming to further expand after the consolidation.
Law firms
Clifford Chance senior partner Stuart Popham is the law firm representative on British prime minister David Cameron's India delegation this week, representing the UK legal and financial professional services community as head of a new trade body.
Corporate M&A Start-up firm Phoenix Legal has secured the instruction for hotel operators Accor and Interglobe, which established a hotel investment fund with Pacifica Partners, which were advised by Amarchand Mangaldas Mumbai and Morrison Foerster in Tokyo.
Law firms
Luthra & Luthra's capital markets practice has increased its leverage structure with the hire of its alumni Indraneel Basu Majumdar as a managing associate on "partnership track" from Clifford Chance.
Capital Markets
Start-up firm Axon Partners LLP has advised Shiv-Vani Oil & Gas Exploration Services on its $75m convertible bond issue with Norton Rose's Singapore office getting into the capital markets game by advising the deal's London underwriters Jefferies International.
Projects
Luthra & Luthra was the most active project finance legal advisers both by value and volume in the first half of 2010, followed by India Law Services, SJ Law Advocates & Solicitors, Amarchand Mangaldas and AZB & Partners and SN Gupta & Co, according to data compiled for Legally India by data provider Dealogic.
Corporate M&A
J Sagar Associates (JSA) advised US spice-manufacturer McCormick and Company in its acquisition of a 26 per cent stake in Keralan curry ingredient maker Eastern Condiments for $35m (Rs 162 crores), which was advised by Bangalore firm MD&T Partners with Economic Laws Practice (ELP) Mumbai representing the main selling shareholder.
Madras writ petition v foreign firms will be moved to Supreme Court for "final decision", says Moily
Law firms
The Indian government will attempt to move the Chennai writ petition against 31 foreign firms to the Supreme Court in order to take a "broader perspective" and make a "final decision" on the entry of foreign law firms said law minister Veerappa Moily, according to newspaper reports.