Corporate

Bessemer Venture starts first India legal role with Amarchand principal associate

Exclusive: US-headquartered venture capital firm Bessemer Venture Partners (BVP) has created an in-house legal department in India with the hire of Amarchand Mangaldas principal associate Karan Pahwa.

Lakshmi Kumaran partner, Remfry alum Sanjay Kumar starts up patents firm Perfexio Legal in Delhi

**Exclusive: Former Remfry & Sagar patents head and Lakshmi Kumaran & Sridharan (LKS) partner Dr Sanjay Kumar has left to start his own intellectual property (IP) law firm Perfexio Legal fulfilling entrepreneurial ambitions.

Projects boutique ILS opens in Bangalore with ex-SBI lawyer

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Exclusive: Project finance specialist India Law Services (ILS) has opened office its fourth office in Bangalore with former State Bank of India (SBI) lawyer as its head in a bid to capitalise on market opportunities in southern India.

Senior UK cabinet minister Ken Clarke vows making ‘forceful’ case to liberalise Indian legal sector in upcoming visit

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Kenneth Clarke, the UK’s Secretary of State for Justice and Lord Chancellor who will visit India in the coming weeks, said at a speech today that it was in the interests of Indian business to open up the legal sector to foreign law firms or suffer because of “restricted domestic legal provision”.

Naik argues for Imran Khan in Maharashtra ‘irrational’ drinking age PIL

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Naik Naik & Co has represented Bollywood actor Imran Khan and a student in their Bombay High Court writ petition challenging Maharashtra’s increase of the minimum drinking age to 25 years.

Amarchand, DM Harish ramp up Tommy Hilfiger India presence through JV buy with Wachtells, Pryor Cashman

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Amarchand Mangaldas advised Tommy Hilfiger with Wachtell Lipton Rosen & Katz in its 50 per cent stake in joint venture partner Arvind Murjani Brands, which was advised by DM Harish & Co and Pryor Cashman.

7 deals in brief: VC specialist action, Amarchand-Udwadia M&A, $392m ICICI loan, and more…

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Best of deals, including three exclusive venture capital/private equity deals featuring DSK, Sand Hill, Induslaw, Khaitan and Nishith Desai, as well as a banking, M&A and projects wrap.

Wakhariya entices ex-UBS GC Neeta Sanghavi back to private practice

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Wakhariya & Wakhariya has hired former UBS India legal head Neeta Sanghavi as partner to head the financial institutions, investment banking and private equity practices.

Nishith Desai starts in Delhi with Goldman Sachs GC, opens Bandra office, buys Rs 1 crore of IT

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Exclusive: Nishith Desai Associates (NDA) has hired former Goldman Sachs India legal head Pratibha Jain to start up in Delhi, as the firm opened its second Mumbai office in the Bandra Kurla Complex (BKC) last week and invested Rs 1 crore ($219,000) in advanced IT infrastructure.

AZB’s Vishnu Jerome, TTA’s Ravi Kumar, JSA’s Priyanka Roy start up Alliance Legal

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Exclusive: Vishnu Jerome, who resigned from AZB & Partners in June, has started up the law firm Alliance Legal with fellow NLSIU Bangalore graduates Priyanka Roy and Ravi Kumar from J Sagar Associates (JSA) and Talwar Thakore Associates (TTA) respectively.

MV Kini starts up ‘high-end’ infrastructure LPO in downtown Mumbai in a JV

MV Kini managing partner Ravi Kini has started up a legal process outsourcing (LPO) firm in Mumbai in a joint venture with seasoned LPO NewGalexy to focus exclusively on foreign infrastructure projects work, while the law firm will transfer a number of its lawyers to staff the new entity.

8 Deals in brief: PE, media, EU & domestic tax, projects, banking, M&A

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Mirah Hospitality with Desai & Diwanji; Amarchand, Rajani, Khaitan on $350m Welspun PE; Luthra in EU pharma tax case; ELP AP tax victory for MAS-GMR; Khaitan-Clifford on StanChart loan; SRGR-KJSV project; JSA-Prolegal consultancy.

Naik succeeds in apex court Aarakshan UP, Punjab, AP release challenge

Naik Naik & Co has succeeded in challenging the three states’ orders banning the film Aarakshan before the Supreme Court, following an earlier favourable order before the Bombay High Court . Naik Naik & Co partner Madhu Gadodia summarised the case before the Supreme Court: Prakash Jha Prod...

Chennai start-up breaks even after 17 months, opens arbitration centre business, shies away from ‘profit mode’

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Exclusive: Chennai Law Associates, which was set up 18 months ago by former Surana & Surana litigator ML Joseph and broken even last month, has moved into larger office and opened an arbitration centre as an additional revenue source.

Trilegal lifts two Mumbai partners into lockstep, plans to ‘fine tune’ equity model (+ lockstep explained)

Trilegal-Anand Prasad
Trilegal-Anand Prasad
Exclusive: Trilegal has internally promoted the first two salaried partners into its equity partner lockstep since the Phoenix Legal breakaway, with Mumbai corporate partners Nishant Parikh and Amit Tambe starting on the first rung of the firm’s 13 year lockstep.

Phoenix Mumbai opens SoBo lit office, expands to 3 with corporate lateral partner

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Exclusive: Phoenix Legal has opened a second Mumbai office in Nariman Point relocating its recently hired litigation partner and bulked up with Hariani & Co real estate and corporate partner Siddharth Hariani to expand to three partners in Mumbai.

Amarchand, S&R, CB + Links, Slaughters, SH land Piramal’s $460m buy of Vodafone Essar stake

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Exclusive: S&R Associates is advising Vodafone Group on its disposal of 5.5 per cent of the shares in Vodafone Essar for $640m to Piramal Healthcare, which is relying on Amarchand Mangaldas as lead adviser with Linklaters and Slaughter and May, as well as Crawford Bayley and Stephenson Harwood.

Naik, specialist committee argue for Aarakshan release despite anti-reservation concerns

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Naik Naik & Co represented the producers of the Amitabh Bachchan starrer Aarakshan (reservation) and successfully persuaded the Bombay High Court not to stay the release of the film, which has been attracting controversy for its purported anti-reservation message.

Associate moves: Mulla lawyer goes Ince & Co Singapore to build shipping, ELP bulks up tax with 2 CAs

Kapoor at Ince
Kapoor at Ince
The latest round-up of Indian associate movers and shakers.

7 deals in brief: Khaitan-CC on mammoth loan; JSA-AMSS-S&R luxury venture; Khaitan-Trilegal project; MMB cricket & more

Khaitan-Trilegal inject $78m into Caparo Energy; JSA, Amarchand, S&R on LVMH luxury Genesis investment; Khaitan double teams with Clifford Chance on StanChart loan, AZB’s $1.4bn steel loan, plus sports, projects and Kolkata litigation.