Solomon & Co, with offices in Mumbai and Pune, was founded in 1909 and brings rich history and experience to its dispute resolution offering. Its disputes team has over 25 lawyers dedicated to the practice and the group averages eight to 10 proceedings per day in Mumbai alone. Jonathan Solomon, who heads the dispute resolution team, has over 50 years of experience and has specifically been appointed by the Bombay High Court to assist in several high-stakes litigations in the past. The firm’s commercial, construction, insurance, insolvency, intellectual property and arbitration work has kept the team busy.
Senior partners Jonathan Solomon and Komal Solomon and partner Anagha Subramaniam are the key contacts for disputes work.
In one highlight, the firm acted for Nirlep Appliances and its chairman against a company petition filed by a relative of the chairman alleging oppression and mismanagement by the board of directors and majority shareholders of Nirlep. The National Company Law Tribunal ultimately dismissed the petition as not maintainable since the petitioner held less than 10% shareholding in Nirlep.
The firm continues to act for Hewlett Packard Financial Services against Vayam Technologies to successfully enforce its claim in arbitration. The client received a successful award to the full extent of its claim, along with interest and costs. This may possibly be one of the first insolvency proceedings against a personal guarantor, running concurrently against the corporate debtors, initiated during the coronavirus pandemic.
Notable clients of the firm include Baroda Pioneer Mutual Fund, Gammon Infra, Genting Energy, Godrej Foods, HSBC, ING Bank, HSBC Bank, Larsen & Toubro, Shapoorji Pallonji Group and Yahoo India.