Corporate

SAM, CAM on Red Fort's $90m exit from Silver Oak villas owner

Shardul Amarchand Mangaldas advised Red Fort India Real Estate on its Rs 600 crore ($89m) exit from Exora Business Parks, selling its stake to Valdel Extent Outsourcing Solutions which was advised by Cyril Amarchand Mangaldas. CAM also advised Exora and the promoter Prestige Estate Projects SAM Delh...

NLSIU 2001 alum Azmul Haque starts ‘Big Law disruptor’ Collyer Law in Singapore, classmate + others join

Group Picture Office
Group Picture Office
NLSIU Bangalore 2001 alumnus Azmul Haque left Olswang Singapore in September to start up Collyer Law, in Singapore. NLSIU batch mate Palash Gupta joins Collyer as India Desk head, and former Duane Morris & Selvam partner James Wong joins as Director. Collyer will advise start-ups and small businesses.

SAM overtakes CAM in final 2015 M&A rankings after low rank in preview rankings

Shardul Amarchand Mangaldas (SAM) climbed up five ranks since Mergermarket’s preview of 2015’s annual rankings, to overtake Cyril Amarchand Mangaldas (CAM). CAM, according to the preview, was the third largest M&A dealmaker after AZB & Partners and Khaitan & Co.

DSK co-founding member Raksha Kothari leaves amicably

DSK Legal Mumbai partner and co-founding member of 14 years, Raksha Kothari, has resigned.

Links & Italian firms on Mahindra's Euro buy; in Ferrari, Maserati friend Pinifarina

Linklaters advised Banca Regionale Europea and 14 other Italian banks on Tech Mahindra and Mahindra & Mahindra’s buy of majority stake in Italian automotive brand Pinifarina. Gianni, Origoni, Grippo, Cappelli & Partners advised the Mahindra Group entities and Pavesio and Associates advised...

SAM, Kanga on Texmaco's 55 per cent buy in Bright Power

Shardul Amarchand Mangaldas advised Texmaco Rail & Engineering on purchasing 55 per cent stake in Bright Power Projects (India) from Bright Power’s promoters who were advised by Kanga & Co. __SAM Delhi M&A partner Kalpataru Tripathy, senior associates Navin Kumar and Aditya Mehra and ...

Link Legal, BMR, Themis on $30m funding in app-based food chain Faasos

Link Legal India Law Services advised Russia based investors Ru-Net on their $20m (Rs 134 crores) investment in app-based restaurant chain Faasos which was advised by BMR Legal.

Newest retired Competition Commission chairman Ashok Chawla joins Cyril advisory board

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Cyril Amarchand Mangaldas (CAM) appointed former Competition Commission of India (CCI) chairman Ashok Chawla as its strategic advisory board member, effective 15 January 2016. He was also assist CAM with advocacy and policy advice.

[UPDATE: IndusLaw poaches] HSA partners Navin Syiem, Avirup Nag, Abhishek Bhalla quit for mystery destination

HSA Advocates partners Navin Syiem and Avirup Nag have resigned from the firm alongside associate partner Abhishek Bhalla.

Khaitan, Themis on Bira91 beer fundraising from Sequoia and others

Khaitan & Co advised B9 Beverages on selling 20 per cent stake to Sequoia Capital which was advised by Themis Associates. Khaitan Delhi associate partner GT Thomas Phillippe, principal associate Arjun Rajagopal and associate Akshaya Iyer acted for B9. Themis Bangalore principal associate Ashwan...

Cyril Amarchand sees at least 9 senior fee-earners depart to pastures new & SAM (no problem, says Cyril)

A string of Cyril Amarchand Mangaldas’ (CAM) senior and principal associates have left in recent months, following the hiring spree by the firm following its split with Shardul Amarchand Mangaldas.

CAM, Khaitan, Clifford Chance on Alkem's $200m IPO

Cyril Amarchand Mangaldas and Clifford Chance advised book runners Nomura Financial Advisory & Securities (India), Axis Capital, JP Morgan India and Edelweiss Financial Services on the Rs 1,350 crore initial public offer (IPO) of Indian pharma global giant Alkem Laboratories. Alkem was advised ...

CAM on Essar's $560m mega delisting

Cyril Amarchand Mangaldas advised Essar Oil on its $559m (Rs 3,745 crore) delisting of shares from stock exchanges. CAM managing partner Cyril Shroff, Mumbai corporate partner Ravi Kumar and partner designate Anchal Dhir acted for Essar oil on this largest Indian delist offering in terms of its payo...

IBM’s Kapil Chaudhary mans Autodesk As GC, as Mekhla Basu moves IBM

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IBM Singapore head of legal Kapil Chaudhary joined Autodesk as its India and SAARC general counsel, replacing Mekhla Basu who joined IBM.

Davis Polk counsel Ferish Patel joins Gunderson Dettmer partnership, to head India practice

Ferish PatelDavis Polk and Wardwell capital markets counsel Ferish Patel joined Gunderson Dettmer as partner in November, to head its India and Southeast Asia practice.
Ferish PatelDavis Polk and Wardwell capital markets counsel Ferish Patel joined Gunderson Dettmer as partner in November, to head its India and Southeast Asia practice.
Davis Polk and Wardwell capital markets counsel Ferish Patel joined Gunderson Dettmer as partner in November, to head its India and Southeast Asia practice.

AZB, ELP, Khaitan, Trilegal, Clifford Chance, Jones Day sell Samhi hotels $66m stake to Goldman Sachs

AZB & Partners and Clifford Chance Hong Kong advised global investment banking major Goldman Sachs on its $66m (Rs 441 Crore) acquisition of minority stake in Indian hotel investor Samhi Hotels which was advised by Economic Laws Practice (ELP) and Jones Day. Khaitan & Co and Trilegal advis...

Nishith Desai opens in New York City after fairly painless 6-month process to secure licence

New York New York
New York New York
Nishith Desai Associates has opened an office in New York - its fourth office overseas and second in the US – hoping to tap the increased activity of private equity houses in that region of the US.

NLS 2007 alum Aprajita Dhundia makes Kirkland partnership

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NLSIU Bangalore 2007 alumnus Aprajita Dhundia made partner at Kirkland & Ellis in London

Delhi lawyers are spreading warmth among homeless, you too can join this winter's #blanketdrive

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Verus Advocates and five other Delhi lawyers managed to mobilise Delhi citizens’ money to fund around 160 blankets to the city’s homeless population, this month. The initiative was led by advocate Sahil Bhalaik in collaboration with two friends from the social sector.

2003 NLSIU grad Karthik Kumar makes equity partner at Jones Day

Jones Day has promoted NLSIU Bangalore 2003 graduate Karthik Kumar to its partnership.