Legally India – News for Lawyers

• Cyril Amarchand TMT comp partner Rahul Goel resigns with team of 4 January 22, 2019
  Cyril Amarchand Mangaldas partner Rahul Goel, who specialises in technology, media and telecoms, as well as competition law, has resigned together with his team, which includes partner-level director Anu Monga.
• SAM on corp spree: Luthra loses young partner Neha Sinha, Tri counsel Karun Prakash joins as p-designate January 22, 2019
  Neha Sinha, who was made partner at L&L Partners (formerly Luthra & Luthra) in 2017, has joined Shardul Amarchand Mangaldas in a boost to its corporate practice, together with Trilegal counsel Karun Prakash, who is joining as a partner designate.
• Veritas, Desai & D got milk: Tirumala buys Prabhat Dairy in $237.7m slump sale January 22, 2019
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• Link Legal finance partner Anurag Dwivedi (NLIU ‘05) joins Shardul Amarchand January 21, 2019
  Link Legal India Law Services banking and finance partner Anurag Dwivedi has joined Shardul Amarchand Mangaldas as a partner in Delhi.
• CAM Delhi employment partner Manishi Pathak moves to IndusLaw after 1-month break January 21, 2019
  IndusLaw has hired Manishi Pathak as a Delhi partner after he had resigned from Cyril Amarchand Mangaldas (CAM) last month.
• KT(ripathy), Khaitan throw $55m lifeline to Hindusthan National Glass via Lotus One SPV January 19, 2019
  “HNG ropes in new investor to pare debt: Debt-ridden Hindusthan National Glass & Industries (HNG), the country’s largest container glass maker, has roped in a new investor, Lotus One Investment Pte of Singapore,” reported Hindu Business Line.Lotus One is a Singapore-based SPV, making a strategic investment to reduce HNG’s debt, which would see it hold […]
• GameChanger, Trilegal get $1m pre-Series A for Leverage Ed-Tech from Blume, DSG January 19, 2019
  “DSG Consumer, Blume lead investment in higher education platform Leverage Edu: Higher-education and career-growth platform Leverage Edu said it has raised over $1 million (Rs 7 crore) in its pre-Series A round,” reported VCCircle.GameChanger Law Advisors advised Leverage Ed-Tech Private Limited led by a team of partner Aditya Shamlal and senior associate Namrata Bhagwatula.Trilegal advised […]
• Top Mumbai partnership Federal Rashmikant dissolves: Founder partners start separate firms [UPDATE-1] January 19, 2019
  Top Mumbai litigation and real estate solicitors partnership Federal & Rashmikant has officially dissolved on 1 January 2019, as we had first reported in June 2018.
• SAM for Fractal Analytics on $200m cash injection by AZB-advised PE fund Apax, with Lathams, Kirkland, NDA, Trilegal, Veritas January 18, 2019
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• Veyrah helps Naspers-OLX buy SAM-client Aasaanjobs portal January 18, 2019
  “OLX buys VC-backed recruitment portal Aasaanjobs: Naspers-backed online classifieds OLX has acquired online hiring marketplace Aasaanjobs Pvt. Ltd for an undisclosed amount,” reported VCCircle.Veyrah Law advised Naspers - OLX Group led by a team of partner Ajay Joseph, and associates Anshul Pandey and Priyanka Zaveri, assisting on structuring, due diligence, negotiating and signing the transaction […]