Corporate

M&A league table H1 2014: AZB slips without mega deals as AMSS tops ahead of S&R, Luthra

Q1 M&A: In terrible shape
Q1 M&A: In terrible shape
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.

ILP, JSA, Ashurst on $10m JBIC PE in Takshasila Hospitals

Indian Law Partners and Ashurst advised the Japan Bank for International Cooperation (JBIC) on investing Rs 630 million ($10.5m) in Takshasila Hospitals which was advised by JSA. ILP partners Piyoosh Gupta and Gaurav Wahie and associate Vaibhav Bhardwaj and Ashurst Tokyo partner Mark Davies, counsel...

Universal Legal, Amarchand Mangaldas, Wadia Ghandy on Aavishkar, Fidelity's $13m PE in Milk Mantra

Universal Legal advised Aavishkaar India II and Amarchand Mangaldas advised Fidelity Growth Partners India in investing Rs 80 crore ($13m) in Orissa-based dairy Milk Mantra which was advised by Wadia Ghandy. Universal partner Sameena Chatrapathy and associate Shreya Deora acted for existing investor...

Trilegal, AZB, P&C on IFC and Bessemer's $10m PE in Nephro

Trilegal advised Nephro Health Services in International Finance Corporation (IFC) and Bessemer Venture Partners’ $10m investment in it. AZB & Partners advised IFC and P&C Legal advised Bessemer. Trilegal partner D Pavan Kumar, senior associate Emil Joseph and associate Dennis John acted f...

HSA hires ex-JSA partner Abeezar Faizullabhoy

HSA Advocates has hired Abeezar Faizullabhoy as the firm’s 14th partner, according to a press release from the firm. Faizullabhoy was an equity partner at J Sagar Associates (JSA) until 2013, when he left to join Chennai-based ultra-mega power project Aditya Resources as CEO . HSA has offices in Del...

JSA, Luthra on KKR’s $22m financing to Archean Salt Holdings

J Sagar Associates (JSA) advised Chennai-based industrial salt producer Archean Salt Holdings in borrowing Rs 135 crore ($22m) from Kohlberg Kravis Roberts (KKR), which was advised by Luthra & Luthra. JSA Chennai partner Aarthi Sivanandh and senior associates Tamara Devanandan and Bhavana Eliza...

Herbies India head Chris Parsons to walk 30 marathons in 30 days to raise $1m for Indian widows

Chris Parsons
Chris Parsons

Herbert Smith Freehills India practice chairman Chris Parsons will be walking 1260 km from the Gateway of India in Mumbai to Bangalore in 2015.

TTA scoops $1bn R-Com deal with S&R, Jones Day for banks

Talwar Thakore & Associates (TTA) are advising Anil Ambani’s debt-ridden Reliance Communications (R-Com) in raising up to Rs 6,100 crore ($1bn) by selling shares through Qualified Institutional Placement (QIP) and the sale of warrants. S&R Associates and Jones Day advised the lead managers...

Ex-Majmudar SAs start up CK Juris to target new govt work rush

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Majmudar & Partner senior associates Tejus Cherian and Vinod Kamath left the firm in April to start up corporate law firm CK Juris in Bangalore in June.

ALG India partner Jayant Kumar joins Win Law Group as partner

ALG India Law Offices litigation partner Jayant Kumar has joined Win Law Group – the over two months old IP and media law start-up of former MSD Pharma legal head Jaspreet Chandhok. Kumar will head Win’s IP practice. The NLU Jodhpur and George Washington University law school alum focussed on IP lit...

Khaitan, Anderson Mori, Amarchand on $300m Indo-Jap Pharma sale

Khaitan & Co and Anderson, Mori & Tomotsune advised Japan’s Meiji Seika Pharma in buying Bangalore pharma company Medreich for Rs 1720 crore ($290m). Medreich was advised by Amarchand Mangaldas. Khaitan corporate partner Bhavik Narsana, banking and finance partner Kumar Saurabh Singh, comp...

BMR, Indus Law continue BookMyShow relationship into big ticket Rs 1000 cr valuation

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BMR Legal has continued advising online ticketing website BookMyShow in its latest fundraising round of Rs 150 crore by existing venture capital investors SAIF Partners and Accel Partners, who have continued relying on Indus Law.

ELP, Samvad on Mayfield $5mn in Securens

Economic Laws Practice (ELP) advised old client Mayfield Fund in its Rs 30 crore investment in Mumbai-based Securens Systems which was advised by Samvad Partners. ELP Mumbai co-founding partner Suhail Naithani, associate partner Vinayak Burman, senior associate Archana Khosla and associate Shubhra S...

Amarchand, Luthra, Links, A&O on Yes Bank $500m QIP under PAS-4 disclosures

Amarchand Mangaldas and Linklaters advised India’s fourth largest private bank Yes Bank in raising Rs 2,942 crore ($500m) through a qualified institutional placement (QIP). Amarchand Mumbai capital markets partners Yash Ashar and Abhimanyu Bhattacharya and Linklaters Singapore managing associate Pal...

Study: Indian law firms ramp up lobbying efforts. But why is it still a dirty word?

Lobbying
Lobbying
Indian law firms have taken a deeper interest in policy formulation in the last five years than they have before, however they are wary in a big way of being seen as “lobbyists”.

BMR expands unabated for Bangalore launch, taps Themis’ Thomas, Nair & team

Nair / Roshan
Nair / Roshan
BMR Legal has opened an office in Bangalore with two partners from Themis Associates and their six-member team of lawyers.

Samvad on Rs 3.5cr angel investment in Adsparx, with Beacon Law Advisors

Samvad Partners advised Pune-based Novix Media Inc, the company behind video ad tech online platform AdSparx in the funding of Rs 3.5 crore ($600,000) in it by Indian Angel Network, Mumbai Angels and Delhi-based Growx Ventures Management. The Investors were advised by Beacon Law Advisors PLLC. Samva...

Bombay projects firm SJ Law gets Delhi office

NatashaPic
NatashaPic
Project finance boutique SJ Law opened up in Delhi in April, five years after former India Law Services partner Samir Jagad founded the firm in Mumbai.

I&S co-founder Anuradha Iyer joins Tatva as Tatva promos 3 partners

I&S Associates co-founder Anuradha Iyer joined Tatva Legal as a partner in Mumbai, in the firm’s corporate practice, while the firm promoted three managers to partnership, reported legal website Bar & Bench . Iyer had set up I&S with Bakhtiar Sunavala in 2006 after her nine year stint...

DSK Legal opens up in Pune for Bombay-style clients

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DSK Legal has opened up in Pune, taking its national presence to four offices. The Pune office will be headed by Mumbai corporate partner Narendra Dingankar and will cater to corporate and real estate clients.