Nishith Desai Associates
Amarchand Mangaldas Mumbai and Delhi advised Bain Capital with US firm Ropes & Gray in the $1bn purchase of 30 per cent of shares in global outsourcer Genpact, which was advised by Cravath Swaine & Moore. Two selling private equity funds were assisted by Nishith Desai Associates and Paul Weiss.
Exclusive: PXV Law Partners advised its long standing client, prepaid payments program manager TranServ, in its sale of equity to venture capital (VC) fund Nirvana Venture Advisors, which was advised by Nishith Desai Associates.
Exclusive: J Sagar Associates (JSA), Nishith Desai Associates (NDA), Fox Mandal, international law firms Linklaters and two European firms, advised a consortium of investors led by Dutch pension services provider APG, in their Rs 770 crore ($141m) co-investment in Godrej’s Indian residential projects.
Mergers and joint ventures lead last month’s largest deals, while private equity, capital markets, litigation and competition policy also nestle in.
Fourteen law firms kept busy in a sideways economy with 14 deals in corporate, private equity and banking and finance. Find out what the industry has been up to.
Economic Laws Practice (ELP) and Nishith Desai Associates (NDA) analysed the legal implications of the Vodafone judgment yesterday – a decision law firms across the board commended for boosting India’s image as an investment destination, upholding the rule of law and settling many questions.
The latest and greatest deals and cases not yet covered, rounded up for you in one convenient bite-size package.
Best of deals, including three exclusive venture capital/private equity deals featuring DSK, Sand Hill, Induslaw, Khaitan and Nishith Desai, as well as a banking, M&A and projects wrap.
Lawyers generally have a conservative relationship with technology although once embraced it can become (sometimes unhealthily) symbiotic. The general argument goes: “Things have always worked for me this way, why do I need anything to change?”
Exclusive: Nishith Desai Associates (NDA) has hired former Goldman Sachs India legal head Pratibha Jain to start up in Delhi, as the firm opened its second Mumbai office in the Bandra Kurla Complex (BKC) last week and invested Rs 1 crore ($219,000) in advanced IT infrastructure.
For the second year in a row Wadia Ghandy won the 2011 Mumbai ELP Masters Cricket Cup last weekend, besting Nishith Desai Associates (NDA) in the finals after Economic Laws Practice (ELP) was foiled by the flip of a coin in the semi-finals.
Nishith Desai Associates (NDA) and J Sagar Associates (JSA) have inked a joint venture (JV) between Reliance Broadcast Network and US TV giant CBS Studios International respectively to pave the way for the creation of three new television channels and Reliance group’s foray into the television broadcasting industry.
Trilegal is awaiting a response from the Bar Council of India (BCI) on whether the firm is allowed to convert to a limited liability partnership (LLP) under the Advocates Act, as start-up Vidhii Partners vowed to convert to LLP in two months and Luthra & Luthra, Nishith Desai Associates, IndusLaw and at least eight other firms have reserved respective LLP names.
Induslaw has hired Nishith Desai Associates (NDA) partner, Bangalore head and fund investment co-head Kartik Ganapathy as an equity partner, while NDA partner Vaibhav Parikh returned from the firm's Silicon Valley office.
Argus Partners and Nishith Desai Associates have advised on the Rs 200 crore ($43m) sale of Ravin Cables to an Italian cable manufacturer, while ALMT Legal has scored its first mandate for a Reliance fund, which was one of Ravin's shareholders.