Adani Group has added other leading US law firms, Kirkland & Ellis and Quinn Emanuel Urquhart & Sullivan LLP to its legal team in the context of civil and criminal cases filed by the US Securities and Exchange Commission (SEC) and the Eastern District of New York. Both these firms are considered to be among the largest litigation firms in the world.
US authorities on November 21 charged Gautam Adani and others in connection with the alleged bribery of more than $250 million to Indian government officials, aimed at securing Adani Green Energy Limited (AGEL) approval from the Solar Energy Corporation of India (SECI). Had to get contracts for solar energy.
Adani Green Energy had clarified in November that group chairman Gautam Adani, his nephew Sagar Adani and senior executive Vineet S Jain have not been charged with violations of the US Foreign Corrupt Practices Act (FCPA) and bribery. Additionally, these cases have been referred to a single judge in the US court, who will hear civil and criminal cases prosecuted by the US Securities and Exchange Commission and the Eastern District of New York.
list of charges
Former Azure Power executives Ranjit Gupta and Rupesh Aggarwal are charged with conspiracy to violate the FCPA, involving bribery schemes to obtain Indian government contracts. Cyril Cabanes, Saurabh Agarwal and Deepak Malhotra, linked to Canadian institutional investor CDPQ, are charged with conspiracy to obstruct justice, including destroying, altering evidence and withholding critical information during the investigation.
world’s largest firm
Adani Group, its executives and law firms Quinn Emanuel and Kirkland & Ellis did not respond to the media. Quinn Emanuel is a Los Angeles-based firm, considered the world’s largest firm dedicated solely to commercial litigation and arbitration.
Win in 88% cases
Quinn Emanuel claims that its lawyers have settled more than 2,300 cases, with success in 88% of the cases. The firm has won verdicts and settlements worth more than $70 billion. It specializes in complex disputes such as commercial litigation, intellectual property, antitrust, securities and white-collar criminal defense.
Kirkland & Ellis role
Kirkland & Ellis is headquartered in Chicago and operates in 21 cities around the world, including Asia and Europe. This firm has fought cases against major tech companies like Apple, Google and Facebook. Additionally, the firm has also been involved in environmental and product liability cases for companies such as Johnson & Johnson and Volkswagen.
