Corporate
Cipla chief legal officer Gautam Rohidekar (NLS 98) resigns from pharma firm
Cipla_’s chief legal officer and NLSIU 1998 alumnus _Gautam Rohidekar has left the company.
Vaish advises HUL on exit from JV with US-client Kimberley Clark via Gibson Dunn Jai Pathak
AZB acts on $34.7m ReNew Wind Energy project finance from OPIC
AZB & Partners partner Gautam Saha and partner Pallavi Meena, with associates Pragya Sood and Ayan Das have acted for Overseas Private Investment Corporation (OPIC).
SAM, ELP act on $24.4m Zee acquisition of 9X Media from Silk Route
Zee Entertainment Enterprises Limited (ZEEL) aquired 100% in 9X Media Private Limited (and its subsidiaries) from Rivendell PE LLC / New Silk Route Partners and other shareholders of 9x Media Private Limited. The deal was valued at Rs 160 crore, reported VC Circle and others.
Q3 M&A league table: AZB overtakes SAM as Trilegal gets $12bn Nisha Kaur Uberoi boost into 3rd
Massive Vodafone-IDEA merger continues causing quakes in league tables half a year after having been announced…
AZB 2015 partner, 2007-Noojie Ratnadeep Roychowdhury to join Actis Capital
Ratnadeep Roychowdhury, who had been promoted to partner at AZB & Partners Mumbai in 2015 after joining from erstwhile Amarchand Mangaldas in 2011, is set to join Actis Capital in-house in a senior role - possibly India general counsel (GC) - reported Bar & Bench.
Desi bunny for sale: Pamasis, IC Universal bag Viiking Ventures acquisition of Playboy rights from ‘wonderful’ client PB Lifestyle
One does wonder whether all the Playboy publicity generated by Hefner’s death late last month would have positively affected valuations…
SC sets 20 November to hear 5+ year-old foreign law firms appeal after government pressure
The Bar Council of India (BCI) appeal against the AK Balaji judgment of the Madras high court against 31 foreign law firms has been tentatively scheduled to finally happen on 20 November 2017, with the Supreme Court registry giving the green light in a 3 October order (see below), noting that all defects in service had now been cured.
Khaitan advises Germany software company subsidiary Itelligence on takeover of Hyderabad’s Vcentric
Hyderabad-based Itelligence India Software Solutions Private Limited, a subsidiary of Germany’s itelligence AG, acquired 100% of Hyderabad-based Vcentric Technologies Private Limited for an undisclosed amount. Vcentric had revenues of around Rs 72 crore and profits of Rs 1.59 crore in 2015-16, according to VCCircle.
After tough year, Juris Corp re-hires JSA PA Pratish Kumar as partner in finance
Juris Corp has hired J Sagar Associates (JSA) principal associate Pratish Kumar as a partner in its finance practice in Mumbai.
Lakshmikumaran senior equity partner S Seethraman takes voluntary retirement, will continue working independently
Lakshmikumaran & Sridharan (LKS) equity partner of 17 years S Seetharaman left the firm today to pursue other interests while continuing to practise independently.
Trilegal all-equity now at 41, promotes 2: Nayantara Nag (DU), Ramakant Rai (NLIU)
Trilegal has voted to admit into its all-equity partnership counsel Ramakant Rai in its corporate practice and Nayantara Nag in the projects practice, effective 1 October.
Lupin GC Vivek Mittal joins Danaher Corp as wide regional counsel for challenge of expansion in uncharted territories
Lupin Limited head legal Dr Vivek Mittal has joined Danaher Corporation Diagnostics Platform as its regional counsel for the Middle East, Turkey, Africa and India, effective 22 September.
Further boosting tax, Advaita absorbs Atul Dua-remainder of Seth Dua firm that never recovered from Sunil Seth demise [UPDATE-1]
Advaita Legal, the best friend law firm of Big Four consultancy KPMG, has hired Atul Dua, the erstwhile co-founding partner of Seth Dua & Associates.
Shardul Amarchand partnership crosses 100 after promoting 11 new salaried partners • 2 NUJS & 2 NLU-J • 1 NLS, Nalsar, Amity, ILS, Symbi
Shardul Amarchand Mangaldas has promoted 11 of its fee-earners to salaried partner level, with the majority of promotions taking place in the corporate practice.
AZB Mumbai promotes real estate lawyer Monika Bhonsale to partnership
AZB & Partners Mumbai senior associate Monika Bhonsale has been promoted to the firm’s partnership, according to a press release from the firm.
Young MNSA Legal signs exclusive quasi-best friendship with Euro-China law firm network Cathay
Start-up law firm MNSA Legal - founded in May 2015 - has tied up with a global law firm network younger than itself - Cathay Associates - in an exclusive referral arrangement in a bid to attract more Chinese and European work.
With eye on liberalisation, Khaitan Delhi counsel Nishant Beniwal joins Spanish solar company Asia legal head
Khaitan & Co Delhi counsel Nishant Beniwal has joined Spanish solar energy company Fotowatio Renewable Ventures (FRV) as head of legal for India and Asia.
JSA first law firm to open in Gujarat GIFT SEZ after possible foreign firm rule change
J Sagar Associates (JSA) has opened an office in the Gujarat International Finance Tec-City (GIFT) special economic zone (SEZ), after SEZ rules had recently seen a liberalisation that allows legal services providers to operate from there.
McD’s v Bakshi saga: SAM, S&R, Dua arbitrate in London CIA with Salve, Ciccu, Debevoise, Lord Goldsmith, others
McDonald’s India has approached the Delhi high court seeking to enforce a 13 September London Court of International Arbitration (LCIA) partial award to appoint experts to value and sell estranged former managing director Vikram Bakshi’s stake in the North and Eastern India local franchise of the fast food giant, reported Mint, the Economic Times and others.