L&L Partners
Khaitan & Co Delhi has advised cinema giant and long-standing client Inox on its Rs 182 crore complete acquisition of Satyam Cineplexes, which drafted in Luthra & Luthra.
Mergermarket Q1 M&A value leader AZB & Partners slipped to seventh spot in 2014’s half-yearly rankings, while Q1 ninth-ranked Amarchand made up the lag to top spot.
IndusLaw partner Avimukt Dar with associates Aakriti Shakdher and Kriti Tannan acted for AM Marketplaces, which runs "social shopping platform" LimeRoad.com and received $15m in Series B funding from Tiger Global, Lightspeed Venture Partners and Matrix Partners VCCircle.
Luthra & Luthra partner Deepak Joyce acted for Matrix and Lightspeed, while Tiger Global drafted in Gunderson Dettmer New York partner Steven L Baglio and associate Eric Cheung.
Answer: It depends (but nine is magic number)
The markets are picking up it looks like – here’s the round-up of what firms have been getting up to.
The Madras high court ordered Nokia to deposit Rs 240 crore as a deposit against the tax department's claim of Rs 2,400 crore against the Finnish mobile phone maker. Its sales from a Chennai factory are subject to a tax demand, which it claims is without merit, and that it won't be able to make the deposit within eight weeks due to cash flow issues.
The high court has also asked the Tamil Nadu government to reconsider its demand in the meantime. Senior counsel Arvind P Datar and Luthra & Luthra partner Vikas Srivastav are representing Nokia. [Economic Times]
NUJS Kolkata’s 2015 graduating batch has accepted 27 job offers across seven firms with a mix of 16 so-called Day Zero offers made after interviews on campus on April 16 and 11 pre-placement offers (PPOs) made after internships to students.
Traditional NLU Jodhpur recruiters Amarchand Mangaldas, Luthra & Luthra and Trilegal hit campus again on 2 April, in addition to Khaitan & Co, to make 12 job offers to the class graduating in 2015.
Homegrown Luthra & Luthra Mumbai partner Shishir Jose Vayttaden has resigned from the firm.
AZB, Trilegal and Luthra had the biggest reported deals in the first quarter of the year, which was a bit of a let down compared to the first quarter of 2014 but is looking up.
Clasis Law, the best friend law firm of UK-international firm Clyde & Co, has hired Ashwin Sapra to head up its intellectual property (IP) and healthcare practice.
Sun Pharma bought debt-ridden pharmaceutical giant Ranbaxy for $4bn from Daiichi Sankyo.
Luthra & Luthra is defending Finnish cellular giant Nokia’s Indian subsidiary Nokia India in its Madras high court writ contesting the Tamil Nadu VAT department’s claim and in the Supreme Court against a Rs 2,250 crore sales tax guarantee.
Luthra & Luthra and Perkins Coie acted for the Government of India in the first-of-its-kind central public sector enterprise (CPSE) exchange traded fund (ETF), which offered stakes in 10 public sector undertakings (PSUs) through a mutual fund structure.
Five lawyers from HSA Advocates, J Sagar Associates (JSA), Luthra & Luthra, AZB & Partners and Zeus IP have started Delhi firm Jupiter Law Partners.
Litigation, corporate, M&A, capital markets and private equity deals in brief from a cross-section of India’s top law firms.
Former Luthra & Luthra Delhi managing associate Karan Chandhiok, who left the firm in October 2013, has set up regulatory and dispute resolution practice Chandhiok & Associates in Delhi.