FOREIGN LAW FIRMS

Ashurst

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PROFILE

  • Size of India Practice:

  • 40

  • Tie-Up Indian Law Firm:

  • No formal arrangement

  • Clients:

  • Aditya Birla, Jubilant Energy, Reliance Industries, Religare Capital Markets and ONGC Videsh Limited

RSG COMMENT

  • One of the first foreign firms to establish an on-the-ground presence in India,  Ashurst closed its liaison office in Delhi in February 2010 after the Bombay High Court ruled that foreign firms could not establish such offices in India. 

RECENT INDIA ACTIVITY:

Advising India banks: Largest IPO at US $3.4bn

Advising the lead underwriting banks (Kotak, Citi, Morgan Stanley, Merrill Lynch, Deutsche and Enam) to Coal India on its US $3.4bn IPO, India's largest IPO to date.

 
Religare Capital Markets acquisition of Barnard Jacobs Mellet Holdings

Advising Religare Capital Markets plc on the acquisition of the UK and US businesses of South African brokerage firm Barnard Jacobs Mellet Holdings.

Aquisiton of Domsjö Fabriker by Aditya Birla

Advising Aditya Birla in relation to their acquisition of the Swedish based biorefinery company Domsjö Fabriker AB for $340 million.