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Luthra, Khaitan, Rajaram Legal & IC Legal on $74 million funding for Head InfoTech

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Head InfoTech India Pvt Ltd, an online skill-based gaming platform which operates Ace2Three, has secured approximately $74 million in funding by sale of 87% shareholding to Clairvest Group Inc and a consortium of certain other domestic and foreign investors. Deal Head InfoTech sells 87% shareholding to a group of investors Value $75 million/ ₹500 crore approx Sector Gaming Deal type PE Law Firms Head InfoTech- Luthra & Luthra; Clairvest- Khaitan & Co.; Matrix Partners - Rajaram Legal . . . To read the entire article, get a premium account With a premium account you get: One year of unrestrcited access to previous interviews, […]

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Khaitan, Luthra act on Wow Momo 44 crore fund raise from Lighthouse Funds

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Kolkata-based Wow Momo has raised Rs. 44 crore as Series B funding from Lighthouse Funds and Indian Angel Network. Khaitan & Co advised Wow Momo with a team led by Partner Arindam Sarkar along with Principal Associate Suhana Islam, senior Associate Prithwijit Gangopadhyay and Associate Shourya Sengupta with specialist inputs from Partner Supratim Chakraborty. Due Diligence Aspects: Gaurav Dasgupta (Principal Associate); Gautam Banerjee (Principal Associate); Nikita Bhuwania (Associate) and Aritri Roy Choudhury (Associate) Direct Tax: Asim Choudhury (Principal Associate) and Rohan Poddar (Associate). Luthra & Luthra advised the investors and the team was led by Partner Amit Shetye. The company will use […]

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ARA, Platinum, Luthra, Rajaram act on Steadview Cap, Ronnie Screwvala acquisition in Neuland Health

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Steadview Cap, Malabar Funds and Ronnie Screwvala have acquired 33 percent stake in Neuland Health Science Pvt Ltd, the holding company of Neuland Laboratories Ltd from InvAscent, a pharma and healthcare-focused private equity firm. Luthra & Luthra Law Offices advised Steadview Cap and the team was led by Partners Sundeep Dudeja and Vaibhav Kakkar. ARA Law advised Malabar Funds and the team was led by Rajesh Begur and Avik Karmakar.

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Shardul Amarchand’s Lit Partner Akhil Anand rejoins Luthra

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Shardul Amarchand Mangaldas Litigation Partner Akhil Anand, has re-joined Luthra & Luthra as a Litigation Partner. Akhil graduated from Faculty of Law, University of Delhi in 2003. He is also an Advocate on Record. He has an extensive experience of over 13 years and has handled matters relating to Information Technology Act, apart from Companies Act, Arbitration Act, and Criminal Laws. Akhil was made Partner at Shardul Amarchand Mangaldas in 2016. Prior to Shardul Amarchand, he was heading the Litigation . . . Facebook Comment To read the entire article, get a premium account With a premium account you get: One year of unrestrcited access to previous interviews, columns […]

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IndusLaw, Trilegal, Luthra, Baker lead on Suez worldwide acquisition of GE Water

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French waste and water group Suez has boosted its industrial water treatment business with the acquisition of the industrial water business of GE and consolidated it with SUEZ group’s existing industrial water business in one vertical. IndusLaw acted as Indian legal counsel for Suez and the team was led by Partner Saurav Kumar along with Principal Associate Jinni Sinha, Senior Associate Harman Walia and Associate Chitvan Bakshi. SUEZ India in-house legal . . . Facebook Comment To read the entire article, get a premium account With a premium account you get: One year of unrestrcited access to previous interviews, columns and articles […]

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Toby Landau, the Queen’s Counsel who “interned” at Luthra & Luthra

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Toby Landau is the first Queen’s Counsel to “intern” with an Indian law firm, after Luthra & Luthra Managing Partner Rajiv Luthra bid for him at a Legal Aid Charity auction in Singapore. Commenting on the auction, Landau said, “I don’t often put myself up for sale, but in a weak moment I was persuaded to take part in a legal aid charity auction in Singapore. My expectation was that I would be “purchased” by a Singapore law firm as a trainee for a day. But Mr. Luthra unexpectedly started some aggressive bidding, and didn’t give up till the last […]

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Air India Disinvestment: Here are the marks of the Legal Advisors

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Cyril Amarchand Mangaldas recently won the mandate to act as legal advisor for the Air India disinvestment process. The firm had outbid Luthra & Luthra and Shardul Amarchand Mangaldas after the financial bid was opened, with Cyril Amarchand Mangaldas quoting a fee of Rs. 29.9 lakh for the prestigious Air India disinvestment deal. Three law firms made it to the final round in the technical bid. Luthra & Luthra topped with 94 marks, Shardul Amarchand Mangaldas got 91 marks and Cyril Amarchand Mangaldas got 89 marks. However, Cyril Amarchand won the mandate after the financial bid was opened, as the advisory fees quoted by the […]

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Luthra, Trilegal act on Indiabulls acquisition of Farallon’s stake in IPIT

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Mumbai-based developer Indiabulls Real Estate Limited has acquired non-promoter stake worth nearly Rs. 1,500 crore in its Singapore-listed property trust. Indiabulls Real Estate owns 54.95 per cent stake in Indiabulls Properties Investment Trust (IPIT) while the rest is held by Farallon Group (42.67 per cent) and public investors (2.38 per cent). Luthra & Luthra were the Indian counsel for Indiabulls Real Estate and Allen & Gledhill LLP  were the Singapore . . . Facebook Comment To read the entire article, get a premium account With a premium account you get: One year of unrestrcited access to previous interviews, columns and articles One year […]

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Luthra wins SILF Cricket tournament (Plate League), 2017

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Last month, Luthra & Luthra Law Offices won the Society of Indian Law Firms (SILF) Cricket tournament 2017 (Plate League), held at Jamia Hamdard grounds, New Delhi. The final match was played between Luthra and Shardul Amarchand Mangaldas, where Luthra scored 174 runs and restricted Shardul Amarchand to just 112 runs. Luthra's Sachit Mathur was adjudged Man of the Match (for his quick fire knock and picking up a wicket) and Prashant Mishra was . . . Facebook Comment To read the entire article, get a premium account With a premium account you get: One year of unrestrcited access to previous interviews, columns and […]

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Luthra, Vertices lead on TR Capital’s investment in Arohan Microfinance

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TR Capital has invested in Kolkata-based Arohan Mircrofinance through the secondary route to the extent of $16 million by acquiring certain shares from existing investors Aavishkaar and Tano Capital. Luthra & Luthra acted for TR Capital and the team was led by Partners Deepak THM and Vivek Parekh along with Senior Associate Soumil Garg. Vertices Partners represented its long-term clients Aavishkaar and Tano Capital. The team was led by Partners Vinayak Burman and Archana Khosla along with Associate Manager Nirav Punjani. Arohan was represented by its in-house team led by Anirudh Thakur.

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SAM, Luthra get CCI approval for Bayer-Monsanto $63 billion deal

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The Competition Commission of India has today given its approval to the acquisition of Monsanto by Bayer AG, subject to compliance of certain modifications. The agreement relating to the transaction was entered into on September 14, 2016. Post the due approvals, Monsanto shall become a subsidiary of Bayer. Shardul Amarchand Mangaldas and Luthra & Luthra provided strategic advice to Monsanto and Bayer respectively and filed the Form II notification (long form notification) with the CCI.

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Luthra bolsters Corporate Practice in Mumbai with SAM’s Jay Parikh

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Shardul Amarchand Mangaldas Corporate Partner Jay Parikh is all set to join Luthra & Luthra in Mumbai. Confirming Jay Parikh's joining, Luthra & Luthra Senior Partner Mohit Saraf said, "Jay will be joining the Firm’s Mumbai office as a Partner in the M&A, Private Equity, and Banking Finance practice. We are very excited about Jay joining the Firm, as he would bring excellent experience and valuable insight and perspective.

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Another Mumbai hire: Alok Sonker joins Luthra & Luthra from Link Legal

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Luthra & Luthra has hired Link Legal Associate Partner Alok Sonker as a Partner Designate in its Mumbai office. Confirming Sonker's joining, Luthra & Luthra Founder and Managing Partner Rajiv Luthra said, “Alok will be joining the firm’s Mumbai office as a Partner Designate in the Corporate M&A and Private Equity practice. We, as a firm, are very excited to have Alok on board, as he will add significant value and . . . Facebook Comment To read the entire article, get a premium account With a premium account you get: One year of unrestrcited access to previous interviews, columns and articles […]

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Malaysia’s IHH wins Fortis Healthcare bid: Khaitan, Luthra CAM act as legal advisors

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Fortis Healthcare has accepted an investment offer from Malaysia’s IHH Healthcare Bhd, capping a months-long bidding war for control of the firm, reported Mint. IHH will be investing Rs 4,000 crore at Rs 170 per share in Fortis that operates about 30 private hospitals in India. Cyril Amarchand Mangaldas has been advising Fortis Healthcare and the team is led by Managing Partner Cyril Shroff along with Partners Ruetveij Pandya and Nivedita Rao. Luthra & Luthra acted for the new board of Fortis Healthcare and the team was led by Partners Sundeep Dudeja and Vaibhav Kakkar. Khaitan & Co acted for Malaysia’s IHH Healthcare. The Khaitan team was […]

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After 28 years Luthra & Luthra rebrands as ‘L&L Partners Law Offices’

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Indian law firms have recently started moving away from being individual-centric and have adopted branding and positioning to reflect a more modern and professional set up. Luthra & Luthra Law Offices is headed in that direction. After 28 years of its existence as Luthra & Luthra Law Offices, the firm has rebranded itself as ‘L&L Partners Law Offices‘ to be an institution that is larger than the sum of its parts. The firm was founded in 1990 with a vision to create a full-service law firm with a collegial and meritocratic ethos. Taking this vision forward, the partners have re-branded […]

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New Logo, Brand, Partners: Aamir Khan appears at Luthra Annual Day

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Luthra & Luthra Law Offices held its Annual Day on August 4, 2018, at Andaz by Hyatt in Delhi, where its new logo and brand were unveiled along with the announcement of the firm’s annual promotions. The firm has rebranded itself as ‘L&L Partners‘ to be an institution that is larger than the sum of its parts. Managing Partner and Founder Rajiv Luthra was the master of ceremonies. The Chief Guest at the event – Bollywood actor Aamir Khan  – unveiled the new identity and logo of the firm. Aamir Khan indulged all present by sharing his personal memories, the decisions he took over the […]

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[Exclusive]: Indigo’s Akshay Nagpal, Ex-Link Partner Legal Harish Kumar to join Luthra; Anshul Jain to leaves for PWC

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Associate General Counsel for Interglobe Aviation Limited (IndiGo) Akshay Nagpal is joining L&L Partners Law Offices (Luthra & Luthra) as a Partner. Former Link Legal Partner Harish Kumar has joined the firm as Partner Designate. Senior Partner Mohit Saraf confirmed these developments to Bar & Bench. Akshay, who holds an LL.M. from Columbia Law School, joined Indigo in 2016 from J. Sagar Associates. He was made Partner at JSA in 2013 and focuses on M&A, joint ventures, commercial contracts and corporate advise. He has previously worked at Davis Polk & Wardwell. Harish has over sixteen years of experience and focuses on corporate restructuring, M&A, […]

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Rajiv Luthra appointed on MCA Committee for CSR and High-Level Advisory Group for Trade

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L & L Partners Managing Partner Rajiv K Luthra has been appointed as a member in two High-Level Committees constituted by the Central Government. The first one is the High-Level Committee (HLC) on Corporate Social Responsibility constituted by the Ministry of Corporate Affairs and the second one being the High-Level Advisory Group for Trade (HLAG) constituted by […]

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Another former Judge, Kanchan Toppo joins L&L Partners (Luthra)

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Former Judicial Magistrate First Class (Jharkhand) Kanchan Jasmin Toppo has joined L&L Partners (Luthra & Luthra) as a Senior Associate in the firm's Disputes team. In 2016, a former member of the Delhi Judicial Services, Bharat Chugh, had also joined the firm. Confirming this development, Founder & Managing Partner, Rajiv Luthra, said . . . You need to […]

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L&L, JSA lead on PFC acquisition of govt stake in REC for 14,500 crore

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State-owned Power Finance Corporation Limited (PFC) has acquired the Centre’s 52.63% paid-up share capital in Rural Electrification Corporation (REC) Limited for Rs 14,500 crore. L&L Partners acted for PFC and the team was led by Partner Damini Bhalla along with Senior Associate Akshay Jain and Associate Arsh Khan. Partner Abdullah Hussain and Managing Associate Rudresh […]

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