The Legal 500

R-77A, GREATER KAILASH PART-I, NEW DELHI 110 048, INDIA
Tel:
Work +91 11 2628 0100
Fax:
Fax +91 11 2648 0300
Web:
www.titus-india.com
Email:

The firm

Titus & Co is one of India’s leading full-service independent law firms, with substantial representations in transactional, tax, intellectual property, civil and criminal litigation and arbitration matters. Titus & Co represents a wide range of clients from the US, Europe, Australia and Asia, including 59 Fortune 500 Global corporations. In July 2010, the firm established an office in Milan, Italy in association with Mr Jacopo Gasperi, a prominent Italian lawyer with an India-focused practice.

Praises earned by the firm include: The National Law Day Award for ‘unique achievements and leadership in the practice of corporate and commercial laws’ awarded by the Honourable President of India, Smt Pratibha Devisingh Patil; awarded Commendatore dell’Ordine della Stella della Solidarieta Italiana (Order of the Star of Italian Solidarity) by the President of Italy; Star Export House status by the Ministry of Commerce and Industry, Government of India; ‘Asialaw Leading Lawyers 2010-2012 in M&A’; ‘PLC Which Lawyer 2010-2012 in M&A’ ‘Most Trusted Law Firm – Asia’ (ACQ Global Awards 2010-2012); it has been described as one of the ‘best examples of this fine breed’ of transaction-focused law firms and an ‘impressive general corporate and commercial experience’ (The Asia Pacific Legal 500); a ‘prominent player in the M&A, banking, project finance and restructuring markets’ (Chambers and Partners); an ‘Indian firm to watch’ (Asia Law & Practice); ‘ranked among the world’s leading financial law firms’ (International Financial Law Review 1000); ‘leaders in projects works in India’ (Chambers Global – The World’s Leading Lawyers); ranked ‘Leading Lawyers of the World’ 2003-2012 for project works (Chambers and Partners UK); and as a ‘highly recommended law firm’ (The Global Counsel 3000). The firm is rated ‘excellent’ in banking finance and capital markets, corporate/M&A and projects and energy; ‘business sensitive and commercial’ in intellectual property; ‘attentive and responsive’ in real estate and ‘business sensitive and pragmatic’ in tax by the Asia Pacific Legal 500 2011/2012. Clients comment on the firm’s ‘incredible work’, excellent administration, response times and co-operation and believe the firm handles complex cases very well and in a ‘western style’. A client described the firm as ‘the best law firm that they have ever engaged globally’ (The Asia Pacific Legal 500). Titus & Co was ranked by Business Today as ‘one of the top eight law firms of India’.

Areas of practice

Corporate and commercial: work includes foreign investment; regulatory approvals; exchange control; joint ventures; technical collaborations; licensing and franchising; investment structuring; private equity and venture capital investments; import-export; securitisations; due diligence; feasibility studies; corporate legal audits; liability analysis and retail and direct marketing. The firm represents United Parcel Services (US) in connection with its regulatory corporate, employment and contractual issues, Sapient Corporation (US), Edw C Levy Co (US), John Deere (US), Tecumseh (US), OPIC (US), Amsphere (UK), Costa Coffee (UK), CMD Inc (US), California Pizza Kitchen (US), Arthur Murray International (US), Bulgari (Italy), Angiotech Pharmaceuticals Inc (Canada), Banca Popolare di Vicenza (Italy), Jabil Inc (US), Forbo Movement Systems, Monnalisa SpA (Italy), Paul Wurth Italia SpA (Italy), SACE (Italy), Pilkington (UK), Taplast SpA (Italy), Rautaruukki Oyj (Finland), PMS Engineering SpA (Italy), BonSante De LatinoAmerica Corporation (Panama), Sterling Jewelers (US), WallMax Srl (Italy), SICMA SpA (Italy), Free Balance Inc (US), Fi Mo Tec SpA (Italy), Danieli (Italy), Ferrero (Italy), Techno Service SrL (Italy), Epsco Srl (Italy), Disano Illuminazione SpA (Italy), FASER SpA (Italy), Pietro Fiorentini SpA, Luigi Carnevali SaS (Italy), Power Electronics Espana (Spain), Ravano Green Power Srl (Italy) Open Link Financial Inc (UK), Vitesse Semiconductor Corporation (US), Amer SpA (Italy), Aviva Holdings Srl (Italy), Minitube GmbH (Germany), Schmitz Cargobull Gotha GmbH (Germany) and IKEA (Sweden) in structuring its subsidiary operations in India; Fincantieri-Cantieri Navali Italiani SpA (Italy), Pyramis Metallourgia AE (Greece) and SIAC SpA (Italy) in connection with setting up JVs in India; Advanta Bank Corp (US) in its winding up operations; Piquadro (Italy) in its JV with DLF; Hard Rock Café; TGI Friday’s on franchise operations in India and Red Bull GmbH (Austria) in import and distribution operations. IKEA Group (Sweden) in connection with its €1.5bn investment in retail trading in India; Furla Group Italy in setting up its retail operations in India; Nicola Pantaleo SpA in its proposed investment in retail trading entity in India; Celio International (France) with its expansion of retail trading operations in India; Gruppo Coin SpA in connection with restructuring of its retail operations in India and negotiations with its JV Partner; H&M (Sweden) on setting up a single brand retail subsidiary; Edw C Levy Co, USA and Landi Renzo SpA in connection with operating their JV Company in India; Artsana India Private Limited (Chicco) in connection with its wholesale and franchise operations. The firm also represents Ferrero Group (Italy), Rudolf WILD GmbH (Germany), Red Bull GmbH (Austria) on compliance with Indian food legislation, risk analysis and product labeling. The firm represented EchoStar Satellite LLC in its international affiliation agreement with B4U and Raytheon Company (US) concerning negotiations with the largest defense PSU. The firm also advises Ceres Inc (US) on licensing of transgenic technology issues.

Mergers and acquisitions: work includes cross-border transactions and M&A. The firm represents Open Link Financial Inc (UK) in connection with acquisition of Cubelogic (India) Private Limited; Source Interlink in connection with acquisition of Carazoo India. The firm represented Cadila Pharmaceuticals Ltd on investment options of US$11m; Sumitomo Heavy Industries Ltd (Japan) on its US$ 118m transaction with Madison Capital Partners; Mitsubishi UFJ Securities on triangular mergers in India; Sanyo Semiconductor LLC (US) on its sale of its Indian subsidiary; Dresdner Kleinwort (Germany) on an acquisition; Avocent Corporation on its proposed US$70m acquisition of an Indian Company; Edw C Levy Co (US) in connection with its JV with Tata Steel and Tecumseh Products Company (US) in restructuring of its business operations, Raytheon Company (US) in connection with several investments into India.

The firm also represents Delphi Automotive Systems Private Limited with regard to acquisition of a large Indian Automotive Company. Diljeet Titus and Baljit Singh Kalha are recognised as among the world’s leading lawyers for M&A by the 2010-11 and 2011-2012 editions of the PLC Which Lawyer and Asialaw Leading Lawyers 2011 edition.

TMT: work includes government regulations and policies on investment options with companies providing basic, cellular, value-added services, global mobile personal communications by satellite; establishment of ISPs with/without gateways; foreign investment ceiling and structuring; licensing issues; provision of WIFI, ILD and NLD services and licensing; interconnectivity and IPLCs. The firm assisted Sony Entertainment Television on its media distribution joint venture; MTV in connection with the production of a reality show; EchoStar Technologies LLC (US) in procuring Indian movies for display in North America; Rai Radiotelevisione Italiana SpA in connection with its news gathering and bureau services agreement; Raytheon Company (US), Dreamworks (US), Red Bull GmbH (Austria) with Advertising Standard Council of India concerning TV commercials and Limelight Networks Inc (US) in its strategic partnership with Bharti Airtel Ltd for content delivery services in India. The firm also represents You Mint (India), Maxpeak Ltd (UK) and Real Networks India Private Ltd.

Energy/heavy industry: work includes reports on state-specific energy and natural gas sector, negotiated and tendered conventional and non-conventional power project agreements (including thermal, naphtha, hydro, solar, wind); project development; project-related land acquisitions; regulatory and environmental approvals; guarantees; escrow and tariff issues; negotiation, review and drafting of project and financing documents and agreements including power purchase, coal supply, EPC contracts, O&M, escrow, wheeling, joint development, shareholders, fuel supply and sponsor support. The firm represents Electric Power Development Corporation on its joint development of 520MW Ramagundam project and in its MoU with a large diversified Indian conglomerate with interests in steel and power for setting up of new projects in India; Arsari Group (Indonesia) in connection with investment in a venture for prospecting and reconnaissance for minerals in India; Zad Investment (Saudi Arabia) on power projects in India and related due diligence investigations and advises US Exim Bank on its multimillion-dollar lendings. The firm also represents Caterpillar Inc (US) and Setisco SL (Spain). The firm also represents JBIC on investments in the power sector in India. The firm represents Himalaya Steel Mill Services (India), Technimont (Italy), Danieli (Italy) and J Power (Japan).

Information technology: work includes setting up of IT-enabled/BPO business; hardware manufacturing; tax structuring; regulatory approvals, licensing and compliance; infrastructure and network providers; content providers; confidentiality issues; data protection; software development and licensing agreements; cyber crimes and punishment. The firm represents Red Bull GmbH with Cyber Crime Investigation Cell in connection with offences of SMS spoofing, cyber defamation and IP cyber crime; Tata Consultancy Services (India) on its £3bn guarantee; Charles Schwab & Co concerning software development; Sapient Corporation in obtaining OSP license and Herbalife International, AIG Inc (US) in advise on data privacy laws. The firm also advised DZ Cards India Private Limited, Sunlife (UK), L&T (India), Lexis Nexis (US) and Seagate Technology Inc (US).

Intellectual property: work includes registration, assignment and protection of trade marks; import and export of transgenic patents and designs; prosecution in infringement matters and misuse of information. The firm’s representations include Angiotech Pharmaceuticals Inc (US), Akonni Biosystems Inc (US), Baxter IP, Itochu Corporation (Japan), Raci Srl, Raytheon Company (US), Allied Biotech (US), Pfizer, Bioscrypt Inc (Canada), Herbalife International (US), TSG (India), ABRO Industries Inc (US), Morgardshammar AB (Sweden), Taplast SpA (Italy), ETIIP Holdings Inc (US), Smiley (UK), BonSante De LatinoAmerica Corporation (Panama) and Red Lion Cement Technology and Porscia Yeganeh (Italy) on IP registrations, filing and prosecuting trademark applications.

Dispute resolution: the successful practice group represents clients in litigation from trial right through all levels of appeal and has obtained precedent-setting court orders in several landmark cases of anti-dumping, contract enforcement, intellectual property infringement and other civil, criminal and commercial litigation. The firm represents Brown Forman Corporation in a major commercial dispute in India; Red Bull GmbH in multiple legal proceedings before the Supreme Court of India and various Indian High Courts; Knorr Bremse in ongoing arbitration proceedings; The team headed by Diljeet Titus represents the Republic of Italy and its military officials concerning criminal prosecution initiated against the Italian military officials for alleged firing on the high seas and in this regard represented in the landmark matter in the Kerala High Court and the Supreme Court of India in the dispute involving important issues of public international law, law of the seas and issues of sovereign and functional immunity. The firm represents ABRO Industries Inc (US); Monnalisa in injunction proceedings against trademark infringement; Danieli India Ltd in a special leave petition of US$1.7m with the Supreme Court of India; Raytheon Company (US) in a writ petition concerning the award of tenders by PSU; Joint Accreditation Systems of Australia – New Zealand in liquidation proceedings against debtors; OJSC Power Machines in multi million dollar claims for liquidated damages; Morgardshammar AB (Sweden) in injunction proceedings against its former licensee for trademark infringement and Logix Group in connection with disputes and arbitration proceedings pertaining to investments. The firm also represents New Lupex Di Lupone Pasquale (Italy), St Stephen’s College, ARB Inc (US), Petronas, GV Macero SpA (Italy), Quebec Gears (Canada), Pizzolato Srl (Italy), Jetway Information Co Ltd (Taiwan), Sapient Corporation Private Ltd, Monnalisa SpA (Italy), Forbo Seigling, Dresser Inc, United Parcel Services, Hungama Digital Media Entertainment Private Limited (India), Herbalife International and Real Networks Asia Pacific Ltd, Raytheon Ebasco Overseas Limited, USA. The dispute resolution team is described as ‘Business savvy and responsive’, ‘True stars in their field’ … ‘ooze confidence, which makes the client feel much better and safer in a harsh legal environment’ by the Asia Pacific Legal 500 2010/2011.

Taxation: work includes formulation of tax strategies; providing tax analysis and solution in all kinds of tax issues involved in a commercial transaction. Titus & Co represents Raytheon Company (US) in proceedings for refund of US$14m before the Supreme Court of India; ARB Inc (US) on US$2m tax assessment proceedings. The firm also represents Joint Accreditation Systems of Australia-New Zealand, CMD Inc, Hirotech America, Modec International LLC, Global Ventures LLC (US), Lehman Brothers (US), DZ Cards India Private Limited, Techno Service SrL (Italy) and Trend Group SpA on various tax advisory and litigation matters.

Diljeet Titus, Rai Sahab Mittal, Baljit Singh Kalha, and Ujjwal Sharma are well-known at Titus & Co. Diljeet Titus chairs the Indo Italian Chamber of Commerce and Industry (Northern Region), and is vice-president of the Society of Indian Law Firms and general secretary of the Policy and Planning Group.

Contacts
Diljeet Titus (dtitus@titusindia.com)
Baljit Singh Kalha (bskalha@titusindia.com)
R S Mittal (rsmittal@titusindia.com)
Ujjwal Sharma (usharma@titusindia.com)

Languages
English
French
Hindi
Italian
Spanish
other Indian languages

Other offices
Ahmedabad
Amritsar
Bangalore
Chandigarh
Chennai
Colombo
Cochin
Dhaka
Islamabad
Kathmandu
Hyderabad
Jabalpur
Jalandhar
Kolkata
London
Male
Milan
Mumbai
New York
Pune
Rangoon
Thimpu
Washington

International groupings
International Bar Association
Inter-Pacific Bar Association
Licensing Executives Society
Indo Italian Chamber of Commerce and Industry
India Israel Business Alliance
Indo-American Chamber of Commerce
Indo-German Chamber of Commerce
Canada-India Business Council
ICC India (International Chambers of Commerce)
Association of Trial Lawyers of America
US India Business Council
The Association of European Lawyers (AEA International)
Swiss Business Forum

Member
Bar Council Of Delhi
Delhi High Court Bar Association
Company Law Board Bar Association
Life Member of Supreme Court Bar Association
Indian Council of Arbitration
Society of Indian Law Firms
Federation of Indian Chambers of Commerce and Industry
Confederation of Indian Industry
PHD Chamber of Commerce and Industry
Joint Business Councils
The Council of EU Chamber of Commerce in India
Policy and Planning Group
INSOL India
ITPO
Federation of Indian Export Organisations
CII National Committee on Legal Services
Associated Chambers of Commerce and Industry in India
ICC India
Indo-German Chamber of Commerce
TiE
NCTI
founding Member of India Legal Group

Number of lawyers 75

at this office 45

Above material supplied by Titus & Co.

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