Economic Laws Practice (ELP)

Economic Laws Practice (ELP) won for Bharti Airtel, PDS Legal for Ernst & Young (E&Y), Lakshmikumaran & Sridharan (LKS) for Ultratech Concrete, and Global Legal Associates for ITC Welcome Group in the Delhi high court on Tuesday against the Service Tax Department.

Economic Laws Practice advised watches and jewellery retailer Titan in hatching a joint venture with luxury goods maker Montblanc International for single brand retail in India.

14 Indian law firm partners and senior associates will be named as “up and comers” and “associates to watch” in legal directory Chambers and Partners’ yet-to-be released Asia Pacific 2014 guide.

Deals round-up of more than a dozen recent instructions.

Economic Laws Practice (ELP) advised Canaan Partners and Mayfield Fund and S&R Associates advised Bertelsmann India in investing $12m (Rs 75 crore) in residential listings website India Property Online (IPO) which was advised by Fox Mandal.

ELP Mumbai associate partner Vinayak Burman with associate manager Archana Khosla and associate Trishna Sharma acted for existing IPO investors Canaan and Mayfield in the $12m series B Funding as reported by the Business Standard.

S&R partner Rajat Sethi and associates Rachael Israel, Lakshmi Pradeep and Sowjhanya Shankaran acted for Bertelmann which is the strategic investment arm of the German media company Bertelsmann SE & Co. KGaA in India, as reported by Mint.

Fox partner Jeevandham Rajagopalan and associate Anju Menon acted for IPO which is a Consim Info spun-off founded by the maker or Matrimony.com, according to the Hindu.

Economic Laws Practice (ELP) Mumbai dispute resolution partner Madhur Baya left the firm last week to start up his own arbitration practice LexArbitri.

Economic Laws Practice (ELP) has opened an office in Bangalore, headed by Mumbai equity partner Nishant Shah, reported Bar & Bench.

The firm will focus on tax and corporate in Bangalore and was looking to finalise a new office in Chennai under senior associate Kartik Sundaram. This would be ELP’s sixth office, alongside its headquarters in Mumbai, and offices in Delhi, Ahmedabad and Pune.

In April Tarun Gulati and a team of 11 were poached by Ernst & Young (E&Y) affiliate law firm PDS Legal, with ELP rebuilding its Delhi litigation practice two months later with Amarchand Mangaldas lateral hire Kirat Singh and nine others.

Economic Laws Practice (ELP) hired Vyas as Mumbai litigation associate partner.

Economic Laws Practice (ELP) and Amarchand Mangaldas swap corporate lawyers into partnership.

Amarchand Mangaldas Delhi principal associate Kirat Singh Nagra will replace former Economic Laws Practice (ELP) litigation head and partner Tarun Gulati.

Dua Associates advised advertisement seller Amagi Media Labs in its second fundraising round of Rs 27.5 crore ($4.7m) from global venture capital (VC) fund Mayfield FVCI, which was advised by Economic Laws Practice (ELP).

Dua Associates Mumbai partner Vinod Joseph with senior associate Sugandha Kamal and associate Rajat Agarwal acted for Amagi which, according to Medianama, targets city-based advertisers wanting to broadcast ads on TV.

ELP Mumbai partner Yashojit Mitra acted for Mayfield, which has $2.7bn assets under management, according to VCCircle.

Senior counsel Harish Salve got stuck into novel transactional law with ELP, Gagrats, Amarchand and DLA.

The incumbents continued their rule in the consultancy’s 2013 ranking of law firms, while the ecosystem as a whole has widened.

Economic Laws Practice (ELP) litigation head and equity partner Tarun Gulati has resigned with around 11 associates in Delhi.

Big project M&A in the project space with Desai & Diwanji and Amarchand, while a project finance take-out scheme keeps Dhir busy.

Luthra & Luthra managing associate Ravisekhar Nair has replenished the ranks of Economic Laws Practice (ELP) competition team as an associate partner, after partner Samir Gandhi left ELP last month.

Exclusive: Economic Laws Practice (ELP) Mumbai indirect tax associate partner Ritesh Kanodia resigned last month after more than six years at the firm, to start up an independent tax practice of two or more partners.

Exclusive: Economic Laws Practice (ELP) is considering implementing a bespoke report by a global human resources (HR) consultant, as the firm lifted four partners into the equity pool alongside its founding partners, while eight associate partners were promoted to non-equity partnership.