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Fox Mandal & Co

Fox Mandal & Co is the Delhi-headquartered partnership, formerly known as FoxMandal Little, which is led by managing partner Som Mandal.
15 February 2010
FoxMandal Little has acted as lender's counsel on the Rs 2224 crores ($515mn) ONGC Tripura Power Company project finance documentation acting for Power Finance Corporation.

The firm was instructed in September 2009, with Delhi senior partner B N Banerjee, and senior associate Rajesh Sehgal and associate Milli Chatterjee leading the team.

According to a press release from the firm, no other law firms were involved in the transaction.

Sehgal said in the release: "It was challenging, since ONGC being a Navratna company is on the Board of the OTPC. For us it was the first time we had done a deal with ONGC and the captive natural gas based power stations interconnected with the power project."

Oil and Natural Gas Corp (ONGC) received Rs 2,224 crore in debt funding from Power Finance Corp (PFC) for its proposed 700 MW power plant at Tripura.
11 February 2010

Keith-Vaz_by-Steve-PunterFoxMandal Little's London office has hired UK MP Keith Vaz as a "brand ambassador", while the firm's similar commercial retainer with its previous London consultant and former High Court judge has ended.

22 January 2010

mining_thumbCrawford Bayley has picked up the latest Government disinvestment mandate for India's single largest iron ore producer and exporter National Mineral Development Corporation (NMDC), following Amarchand Mangaldas, Fox Mandal Little and Luthra & Luthra bagging the three other disinvestments of the past four months.

12 January 2010

FoxMandalLittle_Delhi_office_thFoxMandal Little Delhi has hired KR Chawla & Co's corporate head and the general counsel (GC) of Patni Computer Systems as partners. Several senior partners have also entered into a sale-and-leaseback of the firm's Noida head-office to steady its cashflow.

08 December 2009

SRGR-partners-_thTwo more FoxMandal Little Delhi partners have resigned and started a new full-service law firm with two other FoxMandal partners who left the firm earlier this year.

26 November 2009

Singhania-Vijay_GoelAre you still an Indian advocate if you are abroad? For the purposes of India's National Law Day Awards this year, yes: Singhania & Co London office managing partner Vijay Goel and FoxMandal London partner Ajit Mishra have won the prize, alongside Amarchand Mangaldas Delhi managing partner Shardul Shroff.

27 October 2009

steam_rollers_road_buildingFoxMandal Little Delhi partner K.A. Najmi has joined project finance specialist firm India Law Services as a partner to head its Delhi office.

25 September 2009

FoxMandal_Saroj-Jha_thFoxMandal Little Delhi's senior real estate partner Saroj Jha has resigned. The news follows this week's the resignation of five associates and the firm's corporate head Vineet Aneja, with two senior associates set to join Aneja at Luthra & Luthra.

25 September 2009

mail_at_triNatural wastage is one of those great euphemisms that UK and US firms have been fond of during the downturn. Lawyers leave for various reasons, do not get replaced and the firm saves costs (and face) by avoiding lay-offs.

24 September 2009

LuthraLuthra-Vineet_Aneja_thLuthra & Luthra has hired FoxMandal Little corporate partner Vineet Aneja in Delhi.

19 August 2009

piePEAZB, DSK and Trilegal have done well in Asia Pacific private equity deal rankings despite heavily depressed values and volumes this year.

18 August 2009

FoxMandalLittle_Delhi_office_thFoxMandal Little's Delhi office has paid its fee-earners the salaries it owed them, after the firm was unable to pay for two months due to cash flow difficulties.

27 July 2009

murder_thTwo staff were murdered in FoxMandal Little's Bangalore office early on Sunday morning. The firm has closed its office there for the day as a mark of respect.

24 July 2009

mail_at_triLate salary payments are nothing new for some lawyers.

"It's a regular feature at some firms and the reason is that the managing partner might not feel like signing cheques on some days," muses one Delhi partner.

20 July 2009

rupees_thumbFoxMandal Little has not been able to pay fee-earners in Delhi their salaries as the office faces a liquidity crisis.

20 July 2009

rupees_thumbLong delays in recovering fees has become an increasing a problem for law firms whose clients are caught in the credit crunch, most recently preventing FoxMandal Little in Delhi from paying some of its staff their salaries.

"Lock-up is a big issue for most firms these days in particular collections on long-overdue invoices," says Kerma Partners legal consultant Friedrich Blase in New York and adds: "It's become harder for firms to collect on the work produced."

13 July 2009

call_centre_vlima_com_thLondon paper the Evening Standard has run a scare story on legal jobs going to India today, which makes a welcome change on the paper's usual stories on transport chaos and terrorism.

FoxMandal Little's (FML) outsourcing arm in particular, will supposedly be single-handedly responsible for taking away 1,000 UK lawyers' jobs by the end of the year, according to a quick extrapolation done by the Evening Standard on the back of a napkin.

As far as Legally India understands it, FML's outsourcing venture Legal Circle is still one of the smaller operations in the market but that should not put a halt to ambition.

Legal Circle's outsourcing head Soumitro Chatterjee told the Evening Standard that he had met 10 UK firms and added: "All of them are thinking of creating between 50 to 100 seats [jobs]."

Is the paper counting FML's chickens before they've hatched, perhaps? No, 10 times 100 equals 1,000. That'll make a headline.

Most Evening Standard readers are not excited by the prospect, however remote.

"Outsourcing work to India is not good," writes Jan Need from Romford in the on-line comments. "It would probably be a lot easier to do [the work] in London in the first place. The main reason for all this is obvious. £6,000 for a lawyer in Mumbai £70,000+ for a London lawyer. Need I say more?"

Photo by vlima.com

02 June 2009

FoxMandal_Vinay-DwarkadasFoxMandal Little has hired a partner to head its New Delhi intellectual property (IP) practice of three lawyers.

Vinay Dwarkadas joined from Khaitan & Co's Mumbai office where he was a senior associate.

Dwarkadas (pictured) said that he hoped to greatly expand the existing IP practice at FoxMandal: "I have to be its backbone and want to take it forward for years to come. I plan to be here for a long time."