Majmudar & Partners represented Agora Group, LLC, a leading US-based consulting company, in the sale of its Indian captive to Virtusa Corporation, as a part of a global asset purchase agreement. The deal size is US$11 million.Partner, Rukshad Davar led the team from Majmudar & Partners on this transaction and was ably assisted by tax principal, Ravishankar Raghavan, and associate, Kritika Agarwal. Smith, Gambrell and Russell LLP, US represented Agora on US law matters, and Virtusa was represented by its in-house team for US law matters and ALMT Legal for Indian law matters. … [Read more...] about Majmudar & Partners advises Agora Group LLC on the sale of its Indian captive
Vetag llc
Khaitan & Co. advises Bioclinica in acquisition of Synowledge LLC
Khaitan & Co. advised Bioclinica, Inc on the India leg of the global acquisition of Synowledge LLC.The Corporate aspects were taken care of by Partner, Rajat Mukherjee; Principal Associate, Monika Srivastava; and Associates, Nidhi Killawala, Sanchit Agarwal and Shreya Shree. The Direct Tax Aspects were handled by Executive Director, Daksha Baxi and Principal Associate, Ritu Shaktawat. Indirect Tax Aspects were looked into by Associate Partner, Kabir Bogra and Expert Sector Inputs were provided by Principal Associate, Sameer Sah.BioClinica is a specialty clinical trials services provider that improves the development of new medical therapies by delivering expertise and technologies that enhance clinical research data and analytics, worldwide.Synowledge is a specialized pharmacovigilance, regulatory affairs and IT services provider that assists and enables small, medium and large life sciences organizations to satisfy their global regulatory requirements. … [Read more...] about Khaitan & Co. advises Bioclinica in acquisition of Synowledge LLC
Cyril Amarchand Mangaldas acts as Indian legal counsel for INR 50 million investment by Helion Venture Partners III LLC
Cyril Amarchand Mangaldas acted as Indian legal counsel to Helion Venture Partners III LLC which invested INR 50 million along with certain angel investors into Zero Effort Technologies Private Limited.The team which advised Helion Venture Partners was led by Bangalore based corporate partner G. Nagavalli. Bangalore based corporate and TMT partner Arun Prabhu assisted in the preparation of the terms of use and privacy policy for the website of Zero Effort Technologies Private Limited.Zero Effort Technologies Private Limited is engaged in the business of operating an online platform for the sale and purchase of pre-owned products including furniture. The transaction documents were signed on July 27, 2015 and the deal closed on August 4, 2015. … [Read more...] about Cyril Amarchand Mangaldas acts as Indian legal counsel for INR 50 million investment by Helion Venture Partners III LLC
Trilegal Leads in the Issue by Rolta LLC
The issue of US $ 200,000,000 notes by Rolta LLC to be listed on the Singapore Stock Exchange was guaranteed, amongst others, by Rolta India Limited. The Issue was jointly managed by Barclays, Citigroup, DBS Bank and Deutsche Bank (the ‘Joint Lead Managers’).Trilegal acted on behalf of the Joint Lead Managers and its role involved reviewing and commenting on Indian law implications on the New York law governed transaction documents. Trilegal also advised the Joint Lead Managers on the regulatory regime governing the provision of guarantee by an Indian company to its indirect wholly owned subsidiary. An interesting aspect of the Issue was a Rule 144A bond offering which was made to qualified institutional buyers in the USA.The Trielgal team comprised Srinivas Parthasarathy Partner, Priyanka Kumar Senior Associate, Gaurav Mukherjee Associate, and Anshul Gosavi Associate. The deal was worth USD 200 Million and closed on 16th May, 2013. … [Read more...] about Trilegal Leads in the Issue by Rolta LLC
Dish Network, LLC: Important Lessons and Reminders for Employers Under a Trump Board
In recent years, the Obama Board has adopted some extreme views on Section 7 rights, which has pushed its jurisdiction into uncharted territories and left non-unionized employers vulnerable to attack. Two of the most notable examples are (1) Murphy Oil U.S.A., Inc. and D.R. Horton, Inc., in which the Board invalidated arbitration agreements with class action waivers and effectively ignored a mountain of legal precedent to the contrary, including the Supreme Court’s repeated affirmations of such agreements and the Board’s own longstanding jurisprudence and (2) Banner Health System, in which the Board deemed routine confidentiality admonishments given in workplace investigations unlawful, brushing aside employer concerns about protecting the integrity of such investigations. These decisions left both unionized and non-unionized employers reeling from the Board’s unprecedented expansion of Section 7 rights.The Board’s recent decision in Dish Network, LLC is … [Read more...] about Dish Network, LLC: Important Lessons and Reminders for Employers Under a Trump Board