Written by John on 11 May 2012.
♦ Moves News ♦ India, New Delhi
DAC Beachcroft's "best friends" law firm in India, KSP, has announced the appointment of two new insurance partners. Trinath Tadakamalla and Mrinal Ojha join the firm from leading New Delhi insurance practice, Tuli & Co. Both Trinath and Mrinal are well respected in the insurance industry in India and enjoy strong links to the London Market. DAC Beachcroft established links with eight-partner corporate law firm KSP three years ago. The firm has directly operated offices in New Delhi, Mumbai and Bangalore and its clients now include a number of overseas insurers operating in the region, such as Bajaj Allianz, Bharti Axa and Future Generali. Partner Tony Cherry, who leads DAC Beachcroft's projects in India, commented: "Legal advice and support to private sector insurers in India is still in its infancy, following the end of the state monopoly a decade ago. KSP has shown extraordinary commitment to developing its expertise in the sector and this recruitment puts it firmly among the leading advisers. The firm is a great partner for the DAC Beachcroft brand in India and we look forward to developing client services linking London, India and Singapore." He added: "Mrinal and Trinath are both impressive lawyers who I know will be a popular resource for our insurance clients in London and around the world who have interests in India."
Written by John on 08 June 2011.
♦ Breaking BigLaw News ♦ India, Mumbai, New Delhi, Pune
To better serve our Indian clients and clients pursuing business interests in India, Moses & Singer LLP has formed an alliance with Advani & Co., a well-established and respected Indian law firm with offices in Mumbai, New Delhi and Pune. This collaboration will provide clients of both firms with immediate access to an experienced team of transactional and dispute resolution attorneys in India as well as the United States, bringing together local knowledge with an international reach. “The transactional experience of the Advani firm in the financial, trade, media, construction, shipping and oil and gas industries in India, and its experience in effective dispute resolution mechanisms with Indian companies, will be invaluable to our clients’ growing interests in India,” said Alan Kolod, Chairman of Moses & Singer. “Our connection to the U.S. through Moses & Singer is a natural progression for us, given the global scope of our client base. Moses & Singer’s full service practice, combined with its entrepreneurial approach, complements our practice. We look forward to a productive relationship that will benefit our clients,” stated Hiroo Advani, a founding member of Advani & Co. Both Moses & Singer LLP and Advani & Co. are members of MSI Global Alliance, an international alliance of more than 250 independent law and accounting firms in over 100 jurisdictions worldwide. Moses & Singer LLP and Advani & Co. will each continue as independently owned and managed law firms.
Written by John on 03 May 2011.
♦ Recent Deals ♦ Bangalore, India, Mumbai, New Delhi
SNR Denton has advised hotel investment company Duet India Hotels Limited on its joint venture with InterContinental Hotels Group (IHG) to develop new Holiday Inn Express hotels across India over the next five years. The hotels will be primarily located in India's major and key secondary cities, including New Delhi, Mumbai and Bangalore. Duet India Hotels is a hotel group formed by Anuj Gupta and Henry Gabay of Duet Capital. It will take a 76% equity stake in the joint venture, with IHG taking the remaining 24%. "We are extremely pleased to have had this opportunity to work with Duet India Hotels for the first time on this strategic partnership," said corporate partner Jeremy Cohen. The SNR Denton team also comprised corporate partner Richard Barham, managing associate Simon Mitchell and associate Daniela Molluso.