Freshfields Bruckhaus Deringer
Due indiligence: GLC Mumbai and New College Mumbai students could miss the 25 July Bar Exam because their law schools have not yet paid the Bar Council of India affiliation fee. GLC fixing problem at the moment… [Mumbai Mirror / Bar & Bench]
Judicial eviction: According to SC guidelines framed today, judges (and other high officials) will have to vacate their government accommodations within a month, or at most two months, from their retirement or they will be evicted with three months’ notice. They are also not allowed to leave behind “memorials” constructed on the accommodation premises [PTI]
Smart bars: The Kerala High Court Advocates Association has released an Android App called Kerala High Court Case Status. The application displays the court status of all the courts inside the Kerala HC on smart phones [Live Law/App]
Cash-for-judges scam proceeds: The SC has given the trial court a go-ahead to prosecute former Punjab & Haryana high court judge Nirmal Yadav in the cash-at-judges-door scam. Rs 15 lakh were delivered at the residence of P&H HC Justice Nirmaljit Kaur on 13 August 13 2008, following which she reported the matter to the Chandigarh Police. The money, allegedly meant for Yadav, was said to have been delivered to Kaur due to confusion over their names [Zee News]
NLSIU rape trial: The 13 October NLSIU Bangalore student’s rape will now be tried in-camera, every day, with 44 witnesses to be examined. The victim has discontinued her education at the law school and returned to her hometown [NIE]
Fresh bucks: Freshfields Bruckhaus Deringer has posted revenue increase of 7.2 per cent since last year to £1.221bn – the largest rise among all UK Magic Circle firms where revenues were stagnant [The Lawyer]
Desai Diwanji, Freshfields, Linklaters, TTA sold German machining company to India auto maker
Four promoted internally as ex-FF consultant Priya Christian joined as a retained competition partner.
London international firms beat US firms in recognition and volume stakes.
Khaitan & Co and Clifford Chance advised Chinese textile machinery manufacturing company Jiangsu Jinsheng in its CHF 500m or Rs 2,940 crore ($537m) buy of the textile components business of Swiss engineering company Oerlikon which was advised by Freshfields Bruckhaus Deringer.
Platinum Partners with Freshfields Bruckhaus Deringer advised UK oil and gas major BG Group on its sale of state-owned Gujarat Gas Company for over Rs 2,400 crore to Gujarat State Petroleum Corporation’s (GSPC) subsidiary GSPC Distribution Networks, involving India’s first long form merger control clearance.
Amarchand Mangaldas’ Bangalore office advised Japan’s largest non-life insurer Mitsui Sumitomo in its Rs 2,731 crore ($530m) purchase of 26 per cent in the joint venture (JV) of Indian insurer Max India and US insurer New York Life Insurance, which were respectively advised by AZB & Partners and Paul Weiss, and Platinum Partners and Freshfields Bruckhaus Deringer.
Khaitan & Co, alongside Travers Smith, advised legal process outsourcing (LPO) company CPA Global in its acquisition by European buyout firm Cinven which was advised by Freshfields Bruckhaus Deringer.
Khaitan & Co, Platinum Partners and Freshfields Bruckhaus Deringer have advised on a majority stake acquisition of Mumbai-based agrochemicals company Devidayal Sales by Japanese Arysta LifeScience.
Shearman & Sterling, DLA Piper, Freshfields Bruckhaus Deringer, Salans, Linklaters and Clifford Chance have advised on Tata Steel’s sale of Teesside Cast Products’s (TCP’s) assets to Thailand’s largest steel producer Sahaviriya Steel for $469m.
London-headquartered Essar Energy Plc has hired Freshfields Bruckhaus Deringer senior associate Sheena Singla as its first general counsel (GC) to oversee future M&A and regulation at the FTSE 100 company company.
For the first time this year, Desai & Diwanji and Khaitan & Co are leading the third quarter Indian M&A rankings both by value and volume of deals, pushing Amarchand Mangaldas two places down mergermarket's value league table compared to three months ago.
Freshfields Bruckhaus Deringer has worked with J Sagar Associates (JSA) as counsel to energy major BP selling around Rs 460 crore ($95m) of Indian windfarms to private equity-backed Green Infra, which was advised by Luthra & Luthra.Despite meagre pickings, Desai & Diwanji, Khaitan & Co, AZB & Partners and Amarchand Mangaldas have topped an M&A league table, together advising on 30 Indian deals worth a total of $9.4bn in the last six months.
Platinum Partners has joined the team of legal advisers on the MTN – Bharti Airtel merger talks alongside four other firms on what could be India's largest cross-border deal to date with a value of around $23bn (Rs 110,000 crore).
Freshfields Bruckhaus Deringer, Lex Counsel and Platinum Partners have advised on a $17.5m (Rs 85 crore) joint venture (JV) deal between the UK's Pearson Group and Delhi-based education company Educomp Solutions.
AZB & Partners has bagged the biggest ever Indian cross-border merger mandate, advising Bharti Airtel on its revived $23bn bid to take over South African telecoms major MTN.
London international Freshfields Bruckhaus Deringer will be advising long-standing client MTN but the company's Indian counsel has not yet been chosen.
AZB Delhi partners Ajay Bahl (pictured) and Gautam Saha are understood to be leading the legal team for Bharti, having won the instruction off the back of previous work done by the firm for the company.
Khaitan & Co has hired senior associate Bharat Anand from UK magic circle firm Freshfields Bruckhaus Deringer.