Corporate

Luthra for Mittal in Uttam Galva Steels M&A

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hot_steel_th
Luthra & Luthra is advising ArcelorMittal on its Rs 500 crore ($103m) stake acquisition in Mumbai-based Steel company Uttam Galva Steels.

Non-lawyer trade advisor joins APJ-SLG

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shipping_containers_by-runner310_th
Delhi firm APJ-SLG Law Offices has hired a non-lawyer as a “principal advisor” in its trade law practice.

Trilegal almost full-up after more law school hires

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NLU_Jodhpur_th
Trilegal has recruited seven final-year students from National Law University (NLU) Jodhpur, almost filling up its fresher quota for the year.

AZB prepares for GST, hires indirect tax partner

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AZB_-_Ajay_Bahl_BnW_small
AZB & Partners Delhi has hired an indirect tax partner and his team from accountants KPMG, hoping to grow the tax advisory business at the law firm which will compete in the traditional domain of accountancy firms.

Legal Ganeshas of Bombay

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Bhakta_advocate_ganesha
For the past 11 days Mumbai has been celebrating Lord Ganesh’s birthday in the festival of Ganesha Chaturthi. Environmental concerns aside, Ganapati unites Mumbaikars and largely manages to bridge religious affiliations, castes and professions.

Legally India takes a peek at some Mumbai law firm Ganeshas and a very special legal collection.

SILF to widen membership outside of Delhi

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SILF_th
The Society of Indian Law Firms (SILF) is hoping to widen its appeal outside of its traditional centre Delhi by strengthening local metro chapters and inducting new committee members.

SILF’s Mumbai, Kolkata, Bangalore, Hyderabad and other regional chapters will be headed by prominent local lawyers.

Trilegal, Covington on first Indian AIM float this year

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wind-farm_RyanMcD
Covington & Burling and Trilegal have co-operated on the IPO of Indian Energy on London’s Alternative Investment Market (AIM), which is only the fourth successful listing this year on the London Stock Exchange-owned smaller market.

Kochhar seeks Middle Eastern best friend

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Dubai_desert-by_Untitled_blue_th
Kochhar & Co is embarking on a mission to make a best friend in the Middle East.

Vaish starts competition with senior CCI hire

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Vaish_Associates-MM_Sharma
Vaish Associates has started a competition law practice with the hire of former Jindal Steel in-houser and Competition Commission of India (CCI) registrar M M Sharma.

Luthra in 23 lawyer hire, student PPO rampage

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Luthra & Luthra has made 10 pre-placement offers (PPOs) to final year law students at three national law schools. The firm has also hired six lateral associates, with the fresh batch of seven new law school graduates now starting.

Luthra continues trend of hiring Indian expats (update 1)

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LuthraLuthra-Ashwin_Sapra_th
Luthra & Luthra has hired two more India-returnees, making up four international hires in only three months. Ashwin Sapra joins as a group head from an in-house position at a US pharmaceutical company and Piyush Mishra has rejoined the firm as a group head from Allen & Overy (A&O).

Wadia Ghandy opens office in Chennai

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chennai_beach_th2
Wadia Ghandy & Co has opened its Chennai office with its local managing partner reporting a buoyant and untapped market.

Amarchand, Vaish ink Fortis-Wockhardt mega-deal, benefit from clients' M&A appetites

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x-ray_Adrian-barnes_th
Amarchand Mangaldas has acted for Wockhardt in selling 10 hospitals for Rs 909 crore ($186m) to Fortis Healthcare, which was advised by Vaish Associates in Mumbai.

KhaitanCo nabs IPO after adviser reshuffle drops JSA

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holiday_pool_by-wili_hybrid_th
Khaitan & Co has benefited as tour operator Cox & Kings overhauled its roster of IPO advisers, dropping J Sagar Associates (JSA), which had advised on the aborted 2008 flotation.

AZB on innovative HDFC issuance as complex debt structures on horizon

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HDFC_th
India’s largest mortgage lender Housing Development and Finance Corporation (HDFC) has issued India’s first ever dual warrants and bonds instrument, which was structured by AZB & Partners, Amarchand Mangaldas and Linklaters Singapore to raise Rs 4000 crore ($822m) for the company.

KhaitanCo Kolkata in ongoing Bollywood plagiarism epic

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Movie_poran-jay-jaliya_th
Khaitan & Co has won a temporary victory against alleged Bollywood plagiarism in the Calcutta High Court. The firm is representing movie producer Vipul Shah against Sri Venkatesh Films over the currently screening Bengali movie Poran Jay Joliya Re, which Shah alleges is a scene-by-scene “copy-paste” of his film Namastey London.

Four IPOs hit market, keep Amarchand, Luthra, Rajani busy

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stock_exchange_chart_th
A raft of law firms have picked up mandates on the four latest initial public offer (IPO) proposals to be filed with the Securities and Exchange Board of India (SEBI), with Amarchand Mangaldas taking two issuer mandates, Luthra & Luthra acting for one company and Rajani Associates for the fourth.

Trio of Indian firms clean up slim private equity pickings as deal drought eases

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piePE
AZB, DSK and Trilegal have done well in Asia Pacific private equity deal rankings despite heavily depressed values and volumes this year.

A&O partner joins Trilegal to kick off capital markets practice

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Trilegal_Srinivas_Parthasarathy_th
Trilegal has hired a capital markets partner from its best friend Allen & Overy (A&O), to join the firm’s Mumbai office and strengthen the referral relationship.

FoxMandal Delhi pays lawyers' back-salaries

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FoxMandalLittle_Delhi_office_th
FoxMandal Little’s Delhi office has paid its fee-earners the salaries it owed them, after the firm was unable to pay for two months due to cash flow difficulties.