Amarchand Mangaldas
Amarchand goes down under for $1.3bn GVK coal mine buy with Minters, Cliffords; Ex-AZBer’s Vishnu gets busy with Credit Suisse; Vaish hits the capital markets; JSA, KhaiCo, Amarchand disinvest in NYSE-Co; Amarchand restructures Alstom; and Naik gets a John Doe order.
Exclusive: Singhania & Partners LLP’s appeal against the Competition Commission of India’s (CCI) majority decision clearing Microsoft of anti-competitive behaviour has been accepted by the appellate tribunal today, which is serving notice to the respondents.
Amarchand on Fortis mammoth internal restructuring, and Alfa Laval delisting; Desai & Diwanji and Seth Dua on two related private equity injections; Khaitan & Co gets close to Raiffeisen; JSA helps Naukri owner expand online reach to Zomato and beyond; MDP gets Cox & Kings out of Maharaja Express pickle for now; JSA and MD&T Partners get Indians to make hoses with Spaniards.
Exclusive: US-headquartered venture capital firm Bessemer Venture Partners (BVP) has created an in-house legal department in India with the hire of Amarchand Mangaldas principal associate Karan Pahwa.
Amarchand Mangaldas advised Tommy Hilfiger with Wachtell Lipton Rosen & Katz in its 50 per cent stake in joint venture partner Arvind Murjani Brands, which was advised by DM Harish & Co and Pryor Cashman.
Mirah Hospitality with Desai & Diwanji; Amarchand, Rajani, Khaitan on $350m Welspun PE; Luthra in EU pharma tax case; ELP AP tax victory for MAS-GMR; Khaitan-Clifford on StanChart loan; SRGR-KJSV project; JSA-Prolegal consultancy.
Exclusive: S&R Associates is advising Vodafone Group on its disposal of 5.5 per cent of the shares in Vodafone Essar for $640m to Piramal Healthcare, which is relying on Amarchand Mangaldas as lead adviser with Linklaters and Slaughter and May, as well as Crawford Bayley and Stephenson Harwood.
Khaitan-Trilegal inject $78m into Caparo Energy; JSA, Amarchand, S&R on LVMH luxury Genesis investment; Khaitan double teams with Clifford Chance on StanChart loan, AZB’s $1.4bn steel loan, plus sports, projects and Kolkata litigation.
Amarchand, Anup Shah on $200m for Blackstone Bangalore investment; Majmudar structures KPMG Indian backoffice with Sidleys; and more…
Trilegal, which has acted for Blackstone Group for six months, advised the private equity (PE) major on its Rs 500 crore ($111m) investment in Visa Group’s power production company Visa Power for a minority stake.
Exclusive: Singhania & Partners LLP will appeal against a majority decision of the Competition Commission of India (CCI) that gave a clean chit to Microsoft, represented by Amarchand Mangaldas, rejecting last year’s complaint by Singhania that alleged anti-competitive practice and abuse of dominant position by the Indian subsidiary of the Redmond-based software giant.
Exclusive: Clients have been most impressed with associates at S&R Associates and Vaish Associates, according to a survey from consultancy RSG India, as Amarchand Mangaldas and AZB & Partners topped a ranking of Indian best law firms.
In the last year Indian law firms also grew lawyer headcounts by an average of 20 per cent while partner numbers only increased by 5 per cent.
Amarchand Mangaldas and Wadia Ghandy have advised on the latest $131m private equity (PE) funding of GMR Airports by PE firms Standard Chartered and JM Financial-Old Lane adding on to $200m raised from other PE funds in March this year.
Amarchand Mangaldas, French law firm Landwell & Associés and JDS Lawchambers have advised on Singapore-based Jacobs Engineering Group’s acquisition of India-incorporated Consulting Engineering Services (CES).
Exclusive: Amarchand Mangaldas and Phoenix Legal have advised on private equity firm India Property Fund’s buyout of 49 per cent stake in developers Ramprastha Group’s housing project Skyz for Rs 120 crore.
Khaitan & Co has advised the Welspun Group, which has attracted up to $494m (Rs 2,250 crore) of private equity (PE) money from Apollo Global Management advised by Amarchand Mangaldas.
Induslaw clients Helion Venture Partners, Canaan Partners and Sequoia Capital have bought an 18.1 per cent stake in legal process outsourcing (LPO) company UnitedLex for $16m (Rs 73 crore) by acquiring co-founder Ajay Agrawal’s share, who had drafted in Amarchand Mangaldas.
The Competition Commission of India (CCI) has reportedly fixed the penalty to be imposed on the National Stock Exchange (NSE) a month after having found the bourse guilty of abuse of dominant position in a dispute with MCX-SX.
Amarchand Mangaldas, Latham & Watkins and Middle East law firm Al Tamimi & Company have advised India’s largest private sector bank ICICI Bank on issuing $1bn (Rs 4,470 crore) of international bonds through five-and-a-half year fixed rate notes.
Exclusive: With a near-final figure of 69, more students in GNLU Gandhinagar’s 2011 batch have found legal office-based jobs than those at top colleges NLSIU Bangalore and Nalsar Hyderabad, with Amarchand snapping up 15 and another 12 at the Gujarat-based school heading abroad for LLMs, out of a batch of 155.