Articles tagged with: L&L Partners

Luthra co-founder Saraf & Partners opens doors today with warchest & corp hitters Jhawar, Kakkar + 18 (claimed & unnamed) others from L&L, 3 cities [UPDATE-2]

L&L Partners co-founder and former senior partner Mohit Saraf, who had won a Rs 77 crore-value settlement in a protracted arbitration and Delhi high court dispute and separation with fellow co-founder Rajiv Luthra, will announce the setting up of his own rival firm today, we understand according to multiple market sources.

Luthra homegrown IBC + fin partner Avinash Subramanian joins AZB Mumbai • 7th partner exit during spat

AZB & Partners has hired L&L Partners Mumbai-based partner Avinash Subramanian as a partner in its restructuring, IBC and structured finance practice in Mumbai.

Samvad for Delhivery on $275m mega investment with JSA, Touchstone, Trilegal, L&L for investors

New age logistics and supply chain startup Delhivery has raised around $277 million, or over Rs 2,000 crore in a new funding round led by US-based Fidelity with Singapore’s sovereign wealth fund GIC also participating, latest regulatory filings accessed by ET showed. — The Economic Times Samvad Part...

L&L, Indus, ShookLin help L Catterton in D2C dental brand Zenyum’s $40m Series B with Sequoia, others

Singapore-based dental product brand Zenyum has raised $40 million in Series B funding led by L Catterton, according to a company announcement. — Dealstreetasia The investment was undertaken in the form of primary issuance of preference shares as part of the Series B funding round undertaken by Zeny...

Delhi HC orders Rajiv to pay Rs 77 cr (pending further dispute resolution) in exchange for Saraf exit

The Delhi high court bench of justices RS Endlaw and Sanjeev Narula hearing the long-running dispute between Rajiv Luthra and Mohit Saraf, the two co-founders of L&L Partners , has ordered the Luthra to pay Saraf in compensation while Saraf could exit and set up his own firm, Bar & Bench h...

R.I.P.: Sundeep Dudeja, widely-loved, respected L&L partner, succumbs to battle with Covid

L&L Partners star Delhi-based corporate partner, Sundeep Dudeja, passed away earlier today after a prolonged battle with Covid-19.

Luthra homegrown corp partner Samarth Gupta to join Shardul Amarchand partnership

Shardul Amarchand Mangaldas has hired L&L Partners Delhi-based corporate practice partner Samarth Gupta as a partner who had resigned in October of last year.

L&L corp pays one-off 7% Covid-year bonus to associates (except freshers) • Annual PQE bump to be resumed

L&L Partners has paid an unexpected additional bonus of 7% of annual 2020-21 financial year fixed remuneration of non-fresher and non-litigation associates.

Luthra real estate partner Sachit Mathur continues vicious spiral of home-grown talent exits

L&L Partners Delhi-based real estate partner Sachit Mathur is understood to have tendered his resignation.

Khaitan hires Luthra Delhi IP partner Nirupam Lodha, as Saraf submits 60 lawyers, 7 partners have quit

The latest partner of L&L Partners, Nirupam Lodha, has quit and will be joining Khaitan & Co.

Pre-IPO Zomato drafts Luthra’s Damini Bhalla as its GC

L&L Partner Damini Bhalla, who we had reported last week had resigned from the firm, is joining rapidly-growing food delivery unicorn Zomato as its general counsel (GC).

S&R nabs Luthra cap markets’ Jitesh Shahani

Following his resignation from L&L Partners in January, lateral capital markets partner Jitesh Shahani has joined S&R Associates as a partner in Mumbai.

Luthra homegrown corp partner Damini Bhalla (Nalsar ‘05) exits

L&L Partners corporate partner Damini Bhalla has resigned from the firm.

L&L hires Dhir banking partner Girish Rawat + 2 lit partners: ex-judge alum Amrita Tonk, indie-ex-CAM Sidhartha Barua

L &L Partners litigation partnership has hired two new partners while banking and finance has added one other. The litigation partnership has added two partners. Former Metropolitan magistrate (from 2013 to 2018), Amrita Tonk had begun her career at L&L in 2010, followed by a secondment at...

L&L acts on India part of BakerMc’s massive KKR buy of Wella, Clairol, OPI beauty products in June

Debt-heavy cosmetics business Coty has picked up a $750m investment from private equity major KKR as it looks to shore up its balance sheet amid losing customers to rival brands. KKR has also signed a memorandum of understanding with Coty that it will buy a stake in the company’s professional beauty...

L&L acted for TR Cap on Big Basket investment (Jun ‘19)

L&L Partners (formerly Luthra & Luthra Law Offices) advised TR Capital, in connection with purchase of minority stake in Supermarket Grocery Supplies Private Limited, one of the largest online grocers in India operating under the brand ‘Big Basket’, according to reports . L&L Partners...

L&L acted for Axis consortium on $506m sale of GMR Chhattisgarh to Adani Power (Aug ‘19)

GMR Infrastructure Ltd … announced signing of agreement with Ltd for sale of entire stake of 47.62% in GMR Chhattisgarh Energy Ltd (GCEL) to Adani Power for an estimated value of Rs 3000 crore. — The Economic Times L&L Partners advised Axis Bank led lenders’ consortium;; with a transaction team...

Herbert Smith, CC, L&L, Trilegal acts on $165m Total-Eren-EDF Indian solar project

Paris-based independent power producer Total Eren SA and EDF Renouvelables, of the Electricite de France SA group (EPA:EDF), have achieved financial close on a 450-MWp solar project in India. — Renewablesnow Herbert Smith Freehills advised Total-Eren S.A and EDF Renouvelables SA as sponsors and thei...

L&L acts for Gaja Cap on $32m Series B for LeadSquared SaaS player with MD&T

Software as a service (SaaS) platform LeadSquared has raised $32 million in a Series-B funding round led by Gaja Capital. Existing investors, Stakeboat Capital and Jyoti Bansal also participated in the round, the largest for the company, demonstrating its strong growth trajectory. — Mint L&L Pa...

L&L acts for Gaja Cap on $32m Series B for LeadSquared SaaS player with MD&T

Software as a service (SaaS) platform LeadSquared has raised $32 million in a Series-B funding round led by Gaja Capital. Existing investors, Stakeboat Capital and Jyoti Bansal also participated in the round, the largest for the company, demonstrating its strong growth trajectory. — Mint L&L Pa...