Lawyers have bedded down a fair few deals and strategic advances ahead of the Holi weekend and financial year-end.
DSK Legal has finally opened an outpost in Bangalore by absorbing a local real estate and litigation firm, earning DSK the coveted “national law firm” tag in the process.
And start-up M Dhruva is aiming for that other desirable moniker - “full service firm” – with Nishit Dhruva taking on another corporate partner having presided over a doubling in headcounts in one year.
In terms of litigation strategy it surely seems to get more attention that the old debt recovery tribunal. Several bondholders and their trustee, assisted by DSK Legal and Juris Corp, filed a winding up petition against pharma giant Wockhardt this week. Debt-ridden Wockhardt, represented by Majmudar & Co, is unlikely to accept liquidation and is all but certain to appeal once the judge’s order is out.
The Bombay High Court is working on filling out its quota of sitting judges with six new judges, of whom three have a bit of a celebrity status in certain circles.
This Holi weekend is also the (second) day many have been waiting for. After sitting the bar exam earlier this month, the passes, fails and marks will get announced tomorrow. It could have been a few days earlier but the BCI seems intent to make sure the grading is watertight and is poring over papers with a fine toothcomb.
Perhaps wisely so: lawyers-to-be who fail the exam are likely to pore over the paper with untiring dedication to find a ground to challenge their grade. Some have already started: see BarHacker’s unofficial model answers to the bar exam here, plus an already unfolding disagreement on what the pass mark should be.
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In the second season of the Mooting Premier League sponsored by Allen & Overy, Nalsar is still on top but NLU Jodhpur is lately proving its mettle again this season in the rankings after success at ELSA. Elsewhere the top teams flexed their mooting muscles for warm-up in the Vis pre-moot ahead of the almost-world cup of mooting.
In a competition that seems every bit as fierce (despite major allegations of foul play), Delhi’s second Twenty20 law firm tournament this year saw Kochhar and Luthra advance to the semi finals. More this weekend.
Finally, Legally India is proud to support the new initiative Infocracy India that aims to hand the formidable sword of RTI coupled with media to selected law students. Apply to become a part-time social lawyer and community journalist here.
And find out what Infocracy’s Fourth Monkey has to say about the devastative effect of RTI.
Happy Holi play to all!
Deals of the week
- Norton Rose Africa scoops $750m Essar Steel Zimbabwe buy-out with AZB, others
- Amarchand, Khaitan: $680m record FDI in Reliance by Nippon Life
- Tatas sells $48m Ginger Hotels group stake to Singapore with AZB, Amarchand
- Five firms restructure Vishal, sell to TPG, Shriram
- Desai & Diwanji, Vaish on tissue maker takeover
Blogs of the Week
- Prize-winning blogger is back fighting irrelevancy with ideas: Plagiarism in Law School: So What? in folly_nariman's blog
- THE LEGAL JUNCTION in cogitasocietatis's blog
- Admissibility of DNA Technology in the Indian Legal System in cogitasocietatis's blog
- Prologue in advocatingdreams's blog
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