Trilegal

Read Legally India’s December and late November deals round-up to find out what friends and colleagues have been up to.

Independence is a quality as prized by lawyers as it was celebrated by India yesterday. But as firms grow larger, they get more dependent on each of their partners while subsuming the individual into the collective.

Exclusive: Trilegal has internally promoted the first two salaried partners into its equity partner lockstep since the Phoenix Legal breakaway, with Mumbai corporate partners Nishant Parikh and Amit Tambe starting on the first rung of the firm’s 13 year lockstep.

Khaitan-Trilegal inject $78m into Caparo Energy; JSA, Amarchand, S&R on LVMH luxury Genesis investment; Khaitan double teams with Clifford Chance on StanChart loan, AZB’s $1.4bn steel loan, plus sports, projects and Kolkata litigation.

European publishing giant enters India with Associated Law Advisers, Universal Legal for Chennai e-publisher, Khaitan gets close to HDFC’s new investment banking head, and more…

Trilegal has promoted counsel Saurabh Bhasin as non-equity partner in the energy and infrastructure group in Delhi from 1 August.

Trilegal, which has acted for Blackstone Group for six months, advised the private equity (PE) major on its Rs 500 crore ($111m) investment in Visa Group’s power production company Visa Power for a minority stake.

SNG & Partners, Trilegal, Boston-based Rich May and Spanish law firm Uría Menéndez have advised on Spanish Grupo T-Solar Global’s investment into Astonfield Renewable Resources heralding a strategic partnership to finance, operate and develop 200MW of solar power plants in India.

The Bangalore offices of Vaish Associates Advocates and Trilegal have advised on $10m private equity (PE) investment of Sequoia Capital and IDG Ventures in Bangalore-based third-party mobile applications developer Sourcebits.

Exclusive: Nalsar Hyderabad held its first day of recruitments for the 2012 graduating batch one week after NLSIU with Luthra emerging as top recruiter followed by Amarchand, AZB, Khaitan, Trilegal and Allen & Overy.

Exclusive: Seven law firms have swooped on NLSIU Bangalore campus and students earlier than ever, with 29 students due to graduate in 2012 having accepted law firm jobs.

Exclusive: Trilegal Delhi lawyers Harsh Pais and Yogesh Singh were elevated to the firm’s salaried partnership, as the firm overshot its fee-earner bonus budget after having instituted a new system.

Khaitan & Co and Trilegal have advised on US-based International Paper’s 53 per cent acquisition of Andhra Pradesh Paper Mills (APPM) for $247m in cash along with $62m as seller’s non-compete fee.

AZB & Partners, Kochhar & Co, Trilegal, Zeus Law Associates, and Cleary Gottlieb Steen & Hamilton have advised on public listed Vishal Retail’s slump sale to private equity (PE) firm TPG and the Shriram Group for Rs 70 crore.

Exclusive: Allen & Overy (A&O) and its Indian best friend firm Trilegal have extended their preferred referral arrangement indefinitely after having first entered into it for a limited three-year term.

Trilegal and Link Legal have advised power producer Caparo Energy’s $ 1.28bn contract for supply of wind power projects equipment with India’s largest turbine manufacturers Suzlon India.

Exclusive: Trilegal has created a pure-play competition law practice after hiring former NLSIU Bangalore professor Rahul Singh and the six-month secondment of counsel Sakya Chaudhry in the competition practice of the firm’s best friend Allen & Overy (A&O).