Bankers vs. Lawyers Cricket Match in Mumbai Organised by Jamie Benson of Dorsey & Whitney Raises Money for the Red Cross
The lawyers’ team won the second edition of the Dorsey & Whitney Capital Markets Cup in Mumbai on Saturday, April 9 by 41 runs. Representatives from Dorsey & Whitney and some of India’s best known law firms and investment banks played at the Parsee Gymkhana, Mumbai, India.
The bankers' team included representatives from Citigroup Global Markets, Enam Securities, ICICI Securities, JM Financial, JP Morgan, Morgan Stanley, Nomura, Religare Capital Markets and UBS.
Jamie Benson, Special Counsel, Dorsey & Whitney organised the match. Jamie captained the lawyers’ team, which also had representatives from Amarchand Mangaldas, Khaitan & Co., Luthra & Luthra, Nishith Desai Associates, Crawford Bayley, and S&R Associates.
Dorsey & Whitney sponsored the Capitals Market Cup, which is expected to raise approximately Rs. 300,000 for the Red Cross. Dorsey & Whitney donated Rs. 3,500 per wicket and Rs. 7,000 per six hit. Crawford Bayley also donated the same amount. Donations are also being accepted from individuals.
“It was a much closer game this time. The bankers were on track to reel in our score at the half-way point but we managed to close it out quite comfortably in the end. I think everyone really enjoyed the day and it was all for a good cause,” said Jamie Benson.
The match was 25 overs per side with all batsman reaching 50 having to retire. The lawyers batted first and scored a huge total of 269 runs for 7 wickets in 25 overs. Vijay Parthasarathi of Amarchand Mangaldas led the way for the lawyers with 50 retired, including one six. Jamie Benson, the lawyers’ captain, scored 49 off only 23 balls, including two towering sixes. Sandip Bhagat, partner at S&R Associates, played magnificently for 44 retired. Mayuresh Patwardhan of Religare Capital Markets took two wickets, including taking a sharp catch off his own bowling to dismiss the dangerous Rabindra Jhunjhunwala of Khaitan & Co. Vishal Gahlaut of Morgan Stanley also picked up two wickets.
The bankers scored 228 for 6 wickets in 25 overs. Sachin Wagle of Morgan Stanley, the captain of the bankers’ XI, scored a classy 54 runs retired, including one six, and Srinath R of Morgan Stanley played very well for 50 retired, including one six. Other highlights of the bankers’ innings included Neelabh Sanyal of Enam Securities hitting a massive six that landed on the top of the pavilion and Johnny Barnett of ICICI Securities hitting a few lusty blows at the end of the innings. Subhayu Sen of Khaitan & Co. dismissed both opening batsman. Anil Choudhary of Nishith Desai Associates was involved in running out two of the batsman in the bankers’ team, including the luckless Vivek Shah of JP Morgan, who was run out without facing a ball following Anil’s direct hit.
The Chairman of Bombay City Red Cross, Mr. Arjun Bulchandani, and the Vice Chairperson of Bombay City Red Cross, Dr. C. J. Batliwalla, presented the Capital Markets Cup trophy to the winning captain, Jamie Benson of Dorsey & Whitney.
John Chrisman, the head of India’s Dorsey practice, in presenting the Man of the Match Award to Vijay Parthasarathi, said “I am so pleased to see bankers and lawyers getting together to raise money for the Red Cross. Dorsey & Whitney is happy to be a part of this initiative by sponsoring the match.”
The teams (in no particular order):
Lawyers’ XI
- Jamie Benson, Special Counsel, Dorsey & Whitney (C)
- Rabindra Jhunjhunwala, Partner, Khaitan & Co.
- Nikhilesh Panchal, Partner, Khaitan & Co.
- Subhayu Sen, Senior Associate, Khaitan & Co.
- Sandip Bhagat, Partner, S&R Associates
- Abhinav Maker, Associate, Amarchand Mangaldas
- Vijay Parthasarathi, Associate, Amarchand Mangaldas
- Ankit Peleja, Advocate, Crawford Bayley
- Jimit Shah, Advocate, Crawford Bayley
- Pracheta Bhattacharya, Associate, Luthra & Luthra
- Anil Choudhary, Associate, Nishith Desai Associates
Bankers’ XI
- Sachin Wagle, Executive Director, Morgan Stanley (C)
- Vishal Gahlaut, Analyst, Morgan Stanley
- Johnny Barnett, Associate, ICICI Securities
- Srinath R, Director, Investment Banking, JM Financial
- Naresh Krishnaswamy, Analyst, Equity Capital Markets, UBS
- Pranav Mahajani, Associate, Citigroup Global Markets
- Neelabh Sanyal, Vice President, ENAM Securities
- Mayuresh Patwardhan, Director, Religare Capital Markets
- Ankush Pitale, Managing Director - Equity Capital Markets, Religare Capital Markets
- Vivek Shah, Vice President, JP Morgan
- Indraneil Borkakoty, Executive Director, Head of ECM, Nomura
About Jamie Benson:
Jamie Benson is a special counsel in Dorsey’s London office. He has more than 13 years’ experience practising as a U.S. corporate lawyer. He advises companies and investment banks on international capital markets deals and cross-border M&A transactions. Jamie is one of the more experienced international legal counsel on capital markets transactions in India. He has worked on over 20 capital markets transactions in India, including equity offerings by Ashoka Buildcon Limited, Dhanlaxmi Bank, DEN Networks Limited, ibn18 Broadcast Limited, Central Bank of India, Bank of Baroda, Jagran Prakashan, Andhra Bank, HT Media (Hindustan Times), PVR Limited, IDFC, Oriental Bank of Commerce, Allahabad Bank and Yes Bank.
About John Chrisman:
John Chrisman heads Dorsey’s Sydney office and leads its Australia and India practices. John has over 20 years’ experience as an U.S. securities and M&A lawyer, and he has worked on transactions in more than 30 countries across six continents. John advises companies, financial institutions and investment banks on international capital markets deals and cross-border M&A transactions. John was named by Australasian Legal Business as one of the Hot 40 lawyers of 2009 in the region. John is one of the leading international legal counsel on capital markets transactions in India, having worked on over 150 capital markets transactions in India since 1990.
Dorsey & Whitney’s India practice:
Investment banks, Indian entities and foreign companies investing in India turn to Dorsey for a variety of international matters. These include public and private offerings of securities, both in India and overseas; mergers, acquisitions and joint-venture transactions; cross-border financing transactions; project finance; foreign direct investment; tax planning and commercial transactions such as manufacturing, distribution, service, technology transfer and license agreements.
Dorsey was awarded Deal of the Year by India Business Law Journal in 2010, 2009 and 2007. The firm was ranked first in terms of number of deals among international counsel in initial public offerings in India in 2009/2010 (legallyindia.com).