What we say about the firm's legal practice in India
Aviation
Within New Delhi, J Sagar Associates is a third tier firm,
J Sagar Associates is defending InterGlobe Aviation, the operator of IndiGo, one of India’s largest low-cost airlines, in several proceedings before the Competition Commission relating to alleged price fixing.
Banking, finance and capital markets
Within Banking and finance: Mumbai, J Sagar Associates is a third tier firm,
J Sagar Associates advised the arrangers of a $500m financing for Indian Oil Corporation, and advised Standard Chartered on a $429m financing of an Indian telecoms company. Dina Wadia and Aashit Shah are highly recommended.
Within Capital markets: Mumbai, J Sagar Associates is a second tier firm,
Headline clients for the team at J Sagar Associates include IOL Chemicals and Pharmaceuticals, State Bank of India and Financial Technologies India. Somasekhar Sundaresan is excellent.
Within New Delhi, J Sagar Associates is a second tier firm,
J Sagar Associates provides ‘very professional and solutions-oriented advice’ to a strong roster of corporates and banks on asset, acquisition and project finance. Amit Kapur and Vishnu Sudarsan recently acted for an SBI-led consortium of lenders on a $181m term loan to JPVL. In addition to bank lending work, the team also has a significant reputation for capital markets instructions, although this is primarily handled from Mumbai.
Corporate/M&A
Within Mumbai, J Sagar Associates is a second tier firm,
J Sagar Associates acted for Hitachi Transport System, a unit of Hitachi Japan, on its acquisition of Flyjac. Other clients include Aptech, Decision One and Kuka Systems.
Within New Delhi, J Sagar Associates is a second tier firm,
J Sagar Associates provides ‘very professional and solutions-oriented’ corporate and commercial advice to a solid roster of domestic and international clients. On the transactional side, Lalit Kumar and Trisheet Chatterjee advised GlobalLogic on Indian aspects of its acquisition of Rofous Software. Private equity mandates, which account for a significant proportion of the firm’s deal list, included advising Platina Partners on its investment in Resource Power. Jyoti Sagar is praised both for his legal advice and his ability to close transactions, and is a key member of a team that is lauded for its ‘tremendous work ethic’.
Dispute resolution
Within Mumbai, J Sagar Associates is a third tier firm,
J Sagar Associates advised Subhkam Ventures in a case regarding Indian takeover regulations, and has acted in several high-profile arbitrations.
Within New Delhi, J Sagar Associates is a second tier firm,
J Sagar Associates handles an extensive variety of disputes, ranging from shareholder to shipping cases. The team served as co-counsel to a multinational sportswear company in LCIA arbitration and then acted for the client before the Delhi High Court in opposing a challenge to the award made by the arbitral tribunal. Amar Gupta is recommended.
Intellectual property
Within New Delhi, J Sagar Associates is a second tier firm,
IP boutique K & S Partners, an affiliate of J Sagar Associates, acts on contentious and non-contentious matters, including patent applications and enforcement, trade mark advice and technology transfers. DC Gabriel is ‘a very good patent lawyer’ with an excellent reputation for life sciences matters; head of the trade mark and copyright group Rajendra Kumar is also recommended.
Investment funds
Within Mumbai, J Sagar Associates is a third tier firm,
J Sagar Associates advised PTC India on its joint venture with the Ashmore Group as sponsors of a $1bn onshore/offshore private equity fund focused on power sector and related investments.
Leading firms in Bangalore
Within Leading firms in Bangalore, J Sagar Associates is a first tier firm,
J Sagar Associates’ Bangalore office recently advised Silicon Laboratories on the Indian elements of its global $40m acquisition of the shares and assets of SpectraLinear. It also advised Red Fort Capital on various matters Vivek K Chandy, Murali Ananthasivan and Sajai Singh are recommended.
Legal market overview
Within Legal market overview,
While full-service heavyweights such as AZB & Partners, Amarchand & Mangaldas & Suresh A. Shroff & Co, Luthra & Luthra and J Sagar Associates dominate the markets in New Delhi and Mumbai, other niche firms such as Karanjawala and Company, Tuli & Co and Anand and Anand perform well for dispute resolution, insurance and intellectual property respectively.
Patent and trade mark practices
Within Patent and trade mark practices, J Sagar Associates is a second tier firm,
K & S Partners advises on patents, copyright and trade marks from its offices in Guragon and Bangalore.
Projects and energy
Within Mumbai, J Sagar Associates is a third tier firm,
J Sagar Associates’ key clients include Reliance Infrastructure.
Within New Delhi, J Sagar Associates is a first tier firm,
J Sagar Associates provides regulatory, corporate and finance advice across a broad array of energy sources and transport infrastructure mandates including electricity, oil and gas, renewables, LNG, roads and ports. Recent highlights include advising Morgan Stanley, as leader of a consortium, on a $425m investment in Indian power company Asia Genco, which is developing a 4,000MW portfolio. Other clients include Petronet LNG, BHP Billiton, Jubilant Energy, ENI India, British Gas and Wipro. Practice head Sumanto Basu and regulatory expert Amit Kapur are recommended.
Real estate
Within Mumbai, J Sagar Associates is a second tier firm,
J Sagar Associates advised Runwal Developers (RDPL) on its co-investment with HDFC Asset Management Company into an SPV to acquire and develop a parcel of land. Akshay Chudasama is recommended.
Within New Delhi, J Sagar Associates is a second tier firm,
J Sagar Associates’ extensive real estate practice has handled a raft of work for Khajrana Ganesh Properties including the leasing of two separate properties in Gurgaon, to Nokia and Li & Fung Private. The team also regularly advises real estate funds on their investments.
TMT
Within Mumbai, J Sagar Associates is a third tier firm,
J Sagar Associates notably advised US television network CBS on its joint venture with Reliance Television for the purpose of launching and marketing a portfolio of television channels. It also advised SPE - part of Sony Pictures Releasing International - in a contractual dispute with Percept Limited.
Within New Delhi, J Sagar Associates is a third tier firm,
J Sagar Associates handles transactional, regulatory and disputes work for media, telecoms and IT clients, including Verizon, Blue Coat Systems, Aircel and Accenture. Amit Kapur advised Actuate Corporation USA on telecoms regulations including security regulations governing supplies to telecom operators.