As one of the world’s fastest-growing economies, India is increasingly becoming a focus for investment and a source of capital for foreign businesses. Global Debate During the debate The Lawyer’s international Twitter account, @LawyermagEurope, ran a commentary on the main points raised. Check them out using hashtag #lawyerdebate.
Clyde, the orangutan star of Clint Eastwood’s Brechtian social commentary vehicle Every Which Way But Loose, won the hearts of audiences worldwide in the late 1970s by his ability to ’flip the bird’ at his easily-riled biker pursuants. It would be wrong to say that the hairy orange ssuperstar’s namesake law firm Clyde & Co […]
ALMT Legal has ended its best friendship with Clyde & Co as it is parting ways with five partners across Mumbai, London and Delhi who will create new start-up firm Clasis Law with a partner joining from the international firm. ALMT partner Aliff Fazelbhoy said in a statement: “Given the views of the majority of […]
Linklaters’ Indian best friend Talwar Thakore & Associates (TTA) has promoted banking and finance managing associate Sonali Mahapatra to its partnership to take its partner headcount back up to six. Mahapatra joined TTA in 2009 after a three-year stint with Linklaters and will become a partner on 1 April. She graduated from NLSIU Bangalore in […]
Magic circle duo Allen & Overy (A&O) and Linklaters have taken the prize mandates on today’s “landmark” $7.2bn (£4.4bn) tie-up between BP and India’s Reliance Industries. Linklaters acted for BP on the deal, thought to be among the most valuable direct foreign investments ever into India. Corporate partners Sandeep Katwala and Stephen Griffin led on […]
Allen & Overy (A&O) and its Indian best friend firm Trilegal have extended their preferred referral arrangement indefinitely after having first entered into it for a limited three-year term. At the end of last year A&O senior and managing partners David Morley and Wim Dejonghe, India head Jonathan Brayne and other key A&O India group […]
UK law firms are refraining from strengthening relationships with Indian firms as liberalisation of the country’s legal market remains distant. The breakdown of Clifford Chance’s best friends relationship with AZB & Partners earlier this month has made a number of firms examine the market afresh, asking whether the exclusive relationship model is really the right way for an […]
Clifford Chance has broken off its ’best friends’ relationship with India’s AZB & Partners after both firms saw fewer referrals than expected and Indian liberalisation failed to materialise. AZB Mumbai-based co-founding partner Bahram Vakil and two Clifford Chance sources confirmed that both firms would now continue as “good friends” instead of best friends. One AZB […]
Clifford Chance India head Chris Wyman has retired from the firm after spending 16 months on secondment at the offices of Indian best friend firm AZB & Partners. Clifford Chance Singapore head Geraint Hughes has been named as Wyman’s successor as India group head. Hughes will remain in Singapore for the time being. Wyman, who […]
Alleged £400,000 bribe prompts showdown between Dentons, its insurers and former employee Denton Wilde Sapte, the UK legacy firm of SNR Denton, is suing the former head of its India group Gauri Advani, who is alleged to have been involved in an illegal act. The firm and its insurer Travelers are taking action against Advani […]
Ashurst and DLA Piper have secured roles advising on the international issues surrounding what is believed to be India’s largest-ever IPO. State-owned Coal India went public with 10 per cent of its shares on the Bombay Stock Exchange, raising around $3.4bn (£2.1bn). The move is part of the Indian government’s divestment programme, which has gathered […]
Clifford Chance senior partner Stuart Popham has said he expects UK law firms to have a presence in India within two years, as long as a free trade agreement with the EU is signed. Popham said: “If I said 18 months I would probably be optimistic, if I said two and a half years I […]