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PDF: 2962 pages, 5.2 MB - Bay Area Council Economic Institute

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Global Reach<br />

Ropers Majeski Kohn & Bentley, in San Jose, represents twenty Indian companies<br />

doing business in the U.S. According to managing partner Michael Ioannou, at least<br />

half are looking to buy American companies.<br />

The Chugh Firm, with an office in Santa Clara, is a rarity: a cross-border Indo-<br />

American law firm, founded by Navneet S. Chugh, a CPA and attorney who emigrated<br />

from Nagpur in the early 1980s, received an <strong>MB</strong>A from the University of Southern<br />

California in 1985, and earned a law degree from Western State University in 1992. Chugh was<br />

instrumental in founding the Southern California chapters of SABA and TiE in 1995 and 1997<br />

respectively.<br />

Today The Chugh firm has 135 employees, including 58 attorneys and CPAs at offices in<br />

Cerritos and Santa Clara in California and Iselin in New Jersey, as well as in Bangalore, Chennai,<br />

New Delhi, and Manila. The firm’s cross-border business focuses on advising in the areas of<br />

immigration, banking and finance, insurance, real estate, and intellectual property. In 2004, it<br />

established Indian affiliate Universal Legal, which advises primarily on employment and workplace<br />

issues in India.<br />

Nishith Desai Associates is a research-based corporate and tax counseling law firm,<br />

launched in 1984 in Mumbai by attorney Nishith Desai. Its Mumbai headquarters<br />

employs some 50 attorneys focusing on finance, investment, M&A, dispute resolution,<br />

intellectual property, and real estate. A smaller Bangalore office specializes in corporate/M&A.<br />

Desai and his firm have advised the Securities and Exchange Board of India on venture capital<br />

and employee stock option plan guidelines for India, including the structure for offshore<br />

incorporation in Mauritius.<br />

An office opened in Palo Alto in 2003 specializes in IP. The practice has a fourth office in<br />

Singapore and a research center at Juhu outside Mumbai. Nishith Desai Associates is the first<br />

Indian firm licensed by the State of California to practice and interpret Indian law, and it acts as<br />

an advisor to Silicon Valley businesses and other U.S. law firms.<br />

Desai told the legal trade publication Metropolitan Corporate Counsel that 70% of the firm’s clients<br />

are in the U.S., so the Palo Alto office is a “service station,” providing clients with a local link to<br />

counsel and researchers in India and an in-person point of contact 24 hours a day. At the same<br />

time the Palo Alto office was established, Desai launched IP Pro, a service made up of Indian<br />

engineers and lawyers doing patent research and drafting patent specifications and initial patent<br />

claims for U.S. attorneys and their clients. Nishith Desai Associates acted as underwriters or<br />

issuer counsel for share issues on NASDAQ and NYSE by Infosys, Satyam Infoway, Rediff Ltd.,<br />

Wipro and Mumbai BPO/IT solutions provider Silverline.<br />

Cooley Godward used Nishith Desai as Indian advisor on behalf of its client e<strong>Bay</strong> in the $50<br />

million June 2004 acquisition of India’s largest online auction site, Baazee.com. Desai also helped<br />

Amazon, Google and other firms set up their India operations.<br />

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