Turbulence at Lumiere as exodus of legal talent continues | India

From still left: Vihang Virkar, Monika Deshmukh and Ayesha Rai

Tough times are continuing at Lumiere Regulation as three associates, alongside with their groups, go away to sign up for DMD Advocates, whilst husband or wife Dhruv Gupta heads to Trilegal.

Vihang Virkar, Monika Deshmukh and Ayesha Rai, together with their teams, have joined DMD’s company apply in Mumbai and Delhi.

The fragmentation of Lumiere will come in the wake of the exit of its taking care of associate Probal Bhaduri who left to commence EVA Regulation.

Virkar – a seasoned company attorney with 21-as well as a long time of expereince – will be a lead companion in Mumbai for DMD’s corporate apply. He has encouraged equally Indian and multinational consumers on M&A, corporate financing (structured/asset funding), company restructuring and concerns pertaining to governance, FDI and SEBI legal guidelines. He is also a noteworthy aviation law specialist.

“Monika, Ayesha and I have been functioning alongside one another for about 12 decades now, and we have created a noteworthy apply in corporate, business and aviation guidelines. Soon after a remarkable nine yrs with Lumiere Legislation Companions, we are wanting forward to integrating our methods with DMD Advocates,” said Virkar.

Deshmukh has additional than 21 several years of working experience, and specialises in M&A, private fairness, enterprise funds, joint ventures, securities law and normal corporate advisory.

She has led and suggested on a range of transactions throughout a variety of sectors, which includes infrastructure, pharma, engineering, hospitality, manufacturing, economic companies, health care, telecommunications and logistics.

Rai is a company finance law firm with extra than 15 years of practical experience. She specialises in aviation legislation and her in depth expertise covers plane and motor financing, sale-acquire transactions, aircraft/helicopter/engine leasing, and technological and commercial contracts for scheduled and non-scheduled operators.

Fereshte Sethna, founder and taking care of partner of DMD’s Mumbai place of work, reported: “I am happy to welcome Vihang, Monika, Ayesha, and their groups to DMD. Their loaded practical experience and skills in corporate guidelines and stellar popularity in aviation law enhance our observe.”

Gupta, who has joined Trilegal as a lover in the Delhi business, will lead to the firm’s extensive tax practice. He will concentrate on global trade and customs-related concerns, specifically in trade solution investigations. This addition brings the full partnership strength at Trilegal to 116.