Corporate

ELP partners Sanjay Notani & Darshan Upadhyay made up into equity + 22 other lawyers promoted this year

Economic Laws Practice (ELP) elevated two Mumbai partners – Sanjay Notani in the firm’s international trade and customs practice and Darshan Upadhyay in the firm’s corporate commercial wing – into equity. The firm also made up eight new associate partners, five senior associates and nine associate managers.

Indus, JSA sell Rs 100 cr local Calvin Klein stake between licensees

Calvin Klein
Calvin Klein
Indus Law advised textile and apparel retailer Arvind Brands, which bought 49 per cent of the Indian licensee of global fashion giant Calvin Klein (CK) for Rs 100 crore. J Sagar Associates (JSA) advised the previous licensee Premium Garments and Wholesale Trading.

Nokia drafts Luthra to defend Rs 5,000 cr dual tax claims: Collating 3m Nokia export docs for Tamil Nadu tax man

Nokia's tax troubles
Nokia's tax troubles
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.

Talwar Thakore & Associates has promoted NLS-Linklaters homegrown Rahul Gulati to its partnership

Gulati joined the firm in 2009 from Linklaters and specialises in capital markets and finance. TT&A partner Sonali Mahapatra said in a statement: “This promotion highlights our continued focus on the finance and regulatory practices and our intention to continue to enhance the breadth and depth...

Khaitan scores 3 senior associates from Trilegal, JSA, White & Case as partners, counsel

Khaitan triple-hire
Khaitan triple-hire
Khaitan & Co hired two salaried partners and one counsel, with nine years of experience, in its capital markets and the energy and infrastructure practices across Delhi and Mumbai.

Luthra, Perkins do Rs 3,000 cr Gov disinvestment in 10 PSUs through unique mutual fund structure

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.

AZB promotes Bhavi Sanghvi to partner

AZB & Partners has promoted Bhavi Sanghvi to partner in Mumbai.

Trilegal hires senior Big 4 lawyer Himanshu Sinha as partner, promotes Neeraj Menon internally to lockstep

Neeraj Menon
Neeraj Menon
Trilegal has hired Deloitte counsel Himanshu S Sinha as a partner in its direct tax practice in Delhi and promoted infrastructure counsel Neeraj Menon to its partnership.

Khaitan & Co promotes two equity partners, 11 salaried partners in Del, Mum, Cal

Raj Panchmatia
Raj Panchmatia
Khaitan & Co has promoted two Mumbai salaried partners - Adheesh Nargolkar and Raj Panchmatia - to equity partnership, and 11 principal associates to salaried partner.

JSA promotes 9 to salaried partner, bulk in Mumbai

Vibha Dhawan
Vibha Dhawan
J Sagar Associates (JSA) has today promoted nine of its lawyers to its salaried partnership across Delhi, Gurgaon and Mumbai.

Trilegal bags Tesco-Tata-Trent supermarket JV mandate opposite AZB

Tesco
Tesco
AZB & Partners acted for Tata’s subsidiaries Trent and Trent Hypermarket that entered into a joint venture with Anglo-global supermarket retail behemoth Tesco, which drafted in Trilegal.

BMR scoops Souvik-Ganguly’s Acuity Law for Mumbai opening

Souvik Ganguly
Souvik Ganguly
Former AZB & Partners senior associate, Souvik Ganguly, who founded start-up law firm Acuity Law, as reported by Legally India in February 2012, has joined BMR Legal as a partner.

Desai & Diwanji debuts for IFMR Cap in Rs 174 cr Leapfrog deal with Trilegal

Leapfrog Investment bought a Rs 174 crore ($29m) stake in IFMR Capital Finance, advised by Desai & Diwanji and Trilegal.

Hemant Sahai promotes 4 to partner

HSA Advocates has promoted Pranav Singh and Harsh Arora to its partnership, while Sumedha Dutta and Arun Mani were elevated to asociate partner level [Bar & Bench]

Khaitan’s AZB star-lateral Vaishali Sharma quits to start up own firm

Vaishali Sharma
Vaishali Sharma
Khaitan & Co partner Vaishali Sharma, who joined in 2010 from AZB & Partners, has quit the firm.

Trilegal SA Mohit Jolly starts up disputes-corp-IP firm

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Trilegal Delhi senior associate Mohit Jolly left the firm on 15 March to set up RDJ & Associates in Delhi, focussing on disputes, corporate-commercial, secretarial and intellectual property (IPR) work.

20 months on, most foreign law firms still not served in BCI appeal in AK Balaji writ; Dua, HSB instructed

Top speed: Glacial
Top speed: Glacial
Twenty months after the Supreme Court (SC) had given 10 weeks to complete serving notices on foreign law firms, the Bar Council of India (BCI) appeal against foreign law firms practicing in India, remains stuck at the service stage.

Law firm merger could create China's largest legal giant of 1,000 lawyers

Chinese law firms Jun He and Zhong Lun are in talks to merge, which, if successful, would create a Chinese law firm with combined revenues of £180m (Rs 1,800 crore), with 400 partners and 1,000 lawyers in eight cities and offices in Japan, the US and London. [The Lawyer]

Fire in Amarchand Hyderabad office, no one injured

There was a fire yesterday in Amarchand Mangaldas’ Hyderabad office of around 20 people. No one was injured in the fire and no documents were lost, said Amarchand Mumbai senior partner Vandana Shroff. The fire did not start in Amarchand’s office and the cause was still being investigated, she said. ...

JSA merges with 4-year-old culture-fit Vichar to open in Chennai

AartSivanandh
AartSivanandh
J Sagar Associates (JSA) has merged with Chennai law firm Vichar Partners, which was set up by alumni from Universal Legal, Dua Associates and Paras Kuhad Associates in 2010.