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AZB & Partners

05 August 2011

image European publishing giant enters India with Associated Law Advisers, Universal Legal for Chennai e-publisher, Khaitan gets close to HDFC’s new investment banking head, and more…

02 August 2011

image J Sagar Associates (JSA) and US firm Covington & Burling advised Disney, which is seeking to buy-out its Indian partners in the UTV joint venture for $454m, with AZB & Partners advising UTV’s promoters.

27 July 2011

Monopoly2_car-by_Mark_StrozierExclusive: The Competition Commission of India (CCI) has dealt with the first M&A referred to it, clearing within 18 days the proposed takeover by Reliance Industrial Infrastructure of Bharti AXA Life Insurance Company, advised by AZB & Partners and Talwar Thakore Associates respectively.

27 July 2011

image Exclusive: Desai & Diwanji Gurgaon advised Franklin Templeton on its purchase of 20 per cent of Mumbai designer clothes retailer Kimaya Fashions, which was advised by AZB & Partners Mumbai office.

25 July 2011

Round up of the latest and most legal from around the web.

- Supreme Court: Don’t open our judgments on flimsy grounds [The Hindu]

- Deadline for Greater Noida ‘hi tech court’ with video conferencing and servers was March 2010, now slated to be done in two months [Times of India]

- “A Challenge, An Opportunity!” AZB’s Abhijit Joshi talks of motivation and his philosophy behind law firm management following his appointment as AZB CEO. [Moneycontrol.com]

- P&H student files writ v BCI against 20 year age-limit for applying to 5-year LLB courses [Indian Express]

- Supreme Court hikes 1996 chemical company pollution damages from Rs 37 crore to Rs 200 crore for failing to pay [Economic Times]

- New independent environmental regulator for granting industrial environmental clearances [Business Standard]

22 July 2011

stock_exchange_chart AZB & Partners has promoted Mumbai capital markets senior associate Varoon Chandra to partner.

14 July 2011

image 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.

08 July 2011

MnA-pie_lrg Desai & Diwanji has advised on the most M&A mandates in the first half of the 2011 calendar year, with AZB & Partners having advised on far fewer deals than last year but still topping the mergermarket league table by value of transactions closely followed by Talwar Thakore Associates.

02 July 2011

Legally India newsletterManaging a law firm tends to become harder rather than easier with size. Acknowledging this, in what is still a largely symbolic step albeit with potential future significance, AZB Mumbai has created a new top-level management function outside of the name partners.

30 June 2011

imageExclusive: AZB & Partners has appointed senior partner Abhijit Joshi into the newly created chief executive officer (CEO) role, overseeing strategy of the Mumbai, Bangalore and Pune offices while continuing in his client-facing duties.

14 June 2011

image Exclusive: AZB & Partners Mumbai partner Vishnu Jerome is intending to set up a new law firm after his AZB resignation takes effect from the end of this month.

10 June 2011

image Khaitan & Co represented ATM outsourcing company AGS Transact Technologies in its successful bid to raise Rs 145 crore ($32m) in private equity funds from investment firm TPG growth, which drafted in AZB Partners and Milbank Tweed.

31 May 2011

image J Sagar Associates (JSA), AZB & Partners and Japanese law firm Anderson Mori & Tomotsune have advised on Indian stationery maker Camlin’s majority stake buy-out by Japanese counterpart Kokuyo for Rs 186 crore.

13 May 2011

Coal-fire_by-Marcus_Vegas The Delhi and Kolkata offices of Amarchand Mangaldas and Delhi’s AZB & Partners advised on Warburg Pincus’ $140m investment in Dainik Bhaskar-owned Diligent Power.

12 May 2011

imageExclusive: Desai & Diwanji has advised German consumer goods company Henkel AG on the sale of its Indian subsidiary for a total of Rs 118 crore ($26m) to Jyothy Laboratories, which was advised by AZB & Partners.

11 May 2011

Hot hot heat Khaitan & Co, AZB & Partners and international firm Morrison Foerster have advised on India’s largest heat-withstanding materials manufacturer Tata Refractories’ sale of a 51 per cent stake to Japanese conglomerate Krosaki Harima for $128m.

03 May 2011

image Exclusive: Amarchand Mangaldas and AZB & Partners advised on Tata Power’s $450m (Rs 2,000 crore) hybrid bond, which is the first such issue denominated in US Dollars by an Indian corporate.

26 April 2011

Nalsar-hyderabad Exclusive: Nalsar Hyderabad held its first day of recruitments for the 2012 graduating batch one week after NLSIU with Luthra emerging as top recruiter followed by Amarchand, AZB, Khaitan, Trilegal and Allen & Overy.

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