Bar&Bench News Network
Mumbai-based Talwar Thakore is welcoming home two Partners from best friend Linklaters. Kunal Thakore, son of name Partner Shobhan Thakore, and Narayan Iyer [pictured left to right], Partners in Linklaters' India practice group, will soon be joining Talwar Thakore & Associates.
Talwar Thakore has been associated with Linklaters since its inception in January 2007. Several members of the legal fraternity, in fact, believe that the firm was set up as an associate office of Linklaters to operate in India, but the firm has strongly denied these rumours. Sandeep Katwala, Linklaters' India Practice head, has a long-standing relationship with Suresh Talwar, formerly a Partner at Crawford Bayley, having worked with him on the Bangalore International Airport project.
Shobhan Talwar was a Senior Partner at Mumbai firm Bhaishanker Kanga & Girdharlal, where incidentally, his son Kunal Thakore also worked as an Assistant Solicitor prior to joining Linklaters. He left after almost thirty years to take over as the Capital Markets Partner at AZB, before moving on to start Talwar Thakore & Associates with Suresh Talwar.
Kunal Thakore obtained his Law degree from the Government Law College, Mumbai in 1997 and began working with Linklaters Singapore in 2000. He is currently a Partner in the Hong Kong offices of Linklaters. Narayan Iyer graduated with an LLB from the London School of Economics in 1995 and began working as a Trainee Solicitor in Linklaters London. He is currently a Partner in the India Practice Group at Linklaters Allen & Gledhill, Singapore.
Talwar Thakore currently has about 22 lawyers, but the recent hires, coupled with plans to move to a bigger office at the beginning of the new year, indicate ambitious expansion plans. Thakore and Iyer's move from Linklaters follows in the wake of a similar transition by Srinivas Parthasarathy from Allen & Overy to allied firm Trilegal. Until the Bar Council of India opens the legal sector, it is perhaps inevitable that foreign firms will continue to find innovative ways to strengthen their ties within India and benefit from the ever-expanding Indian legal market.
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- 1. "This is the way to go if bar council keeps on pushing it. I think foreign law firms should keep on pushing the boundaries till bar council opens its doors.". Vishnu, Mumbai
- 2. "Has there been any recommendations or reports for not allowing foreign law firms in INdia? Can anybody give information or suggest a link where one can access reports or reasons for not allowing foreign law firms in India. Will be good to know what the Federal stand will be on the issue?". Steve Cairns, Steve Cairns
- 3. "I understand that there are quite a few reports on recommendations of SILF and others to the ministry and bar council on opening the doors for foreign law firms. Someone at SILF may be able to help. ". Jason, London
- 4. "I dont think our Government has formulated a stand on entry of foreign law firms in India. Whenever our Law Minister goes abroad, he says we are opening up our legal sector. When he is back, he sticks to the Bar Councils stand. I think, there has to be a time line to either decide one way or the other. No point in law firms choosing best friends and good friends approach. ". Kailas, Bangalore
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The Viewpoint: Indemnification Provisions - Is the fight on the indemnity clause worth the effort?
May 17, 2012 | Bar & Bench brings to you the twentieth article on 'The Viewpoint' series with its Knowledge Partner AZB & Partners. AZB Senior Associate Nandish Vyas and Associate Pranati Ishwar in this article seek to examine the context in which indemnification rights are relevant for acquisition transactions, and also seek to explore if there are areas where they are potentially not worth the comments (4)
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