Company and commercial

Khaitan & Co represents Ultratech in Supreme Court

Khaitan & Co successfully advised and represented Ultratech Limited (Ultratech) before the Supreme Court of India in a matter where Ultratech who was the allocatee of the Bhaskarpara Coal Block was subsequently de-allocated by the Ministry of Coal, Union of India, allegedly on the ground that there was no substantial progress in development of the Coal Block. Consequently, the Bank Guarantee of […]

Khaitan & Co acts for Essel Mining in Supreme Court case

Khaitan & Co successfully represented Essel Mining & Industries Limited before the Hon’ble Supreme Court of India wherein the Hon’ble Court passed the order in favour of Essel Mining and allowed them to resume the operations of the mines Jilling Langlotta Mines and Koira Iron Ore Mines in the State of Orissa. By a judgment dated 2 August 2017, a […]

Analysis

LMI analysis: Accenture

Reaping the rewards of a diversification strategy and the will to invest, Accenture boasted record revenue of $31bn (£24bn) in 2015, an 11 per cent increase on the previous year. The global consultancy, technology services and outsourcing giant also delivered new bookings of $34.4bn and returned $3.8bn to its shareholders. This strong performance continued into 2016 and, after raising its full-year revenue forecast following a successful Q1, there seems no stopping the Dublin-headquartered company.

Star legal writers: company and commercial

This week’s briefings include tips on in absentia signing powers for a holiday free from office interruptions, and six reasons why companies must master the new EU data protections rules

Howard Ricklow, partner, Collyer Bristow

Star legal writers: Company/commercial

Beware loopholes in instant dismissal and contractual T&Cs, find out key features of the Singapore International Commercial Court, and the progress being made for whistleblowers – just some of this week’s top briefings coverage from the company/commercial sector.

ruth griffin

Star legal writers in company and commercial

This week we have scrutinised the popular briefings section on TheLawyer.com to bring you the most-read legal writers in commercial and excerpts from their articles. Read on for the dos and don’ts of business negotiation, the importance of strong ethics in GCs and more… 1. Ruth Griffin, principal associate, Wragge Lawrence Graham & Co – […]

Italy flag

Italy: Diversity strategy

Italian M&A activity has hit a rough patch, forcing law firms to look for alternative sources of revenue In July 2012 Italian lawyers from Orsingher Ortu watched in disbelief as three big deals all fell through in the space of a week. Mario Ortu, head of Orsingher Ortu’s corporate and M&A group, witnessed the effect […]

Featured Briefings

Supreme Court overturns a Court of Appeal decision

By Gordon Bell, James Sidwell and Cathy Moore Very often a contract contains a clause which states it may only be amended in writing. Such clauses are known as “No Oral Modification” or NOM clauses. The intention of the clause is straightforward but, until recently, the position has been that a later oral agreement to […]

Judicial assistance by the Hong Kong Courts in cross-border Insolvency cases

By Norman Hau and Ben Holden The Cayman Islands is a popular jurisdiction for setting up listing vehicles in Hong Kong IPOs as it offers corporate flexibility, a well-established English law based legal system and tax neutrality. Of all the listed companies in Hong Kong, slightly more than half of them are incorporated in the […]

Letting standards slip: Hotel owners cannot enforce brand standards

By Edward John An appeal judge refused to grant a hotel owner an order for specific performance requiring the tenant to maintain active trade and keep and run premises in accordance with brand standards. In Zinc Cobham 1 Ltd and ors v Adda Hotels, Zinc Hotels failed in its attempt to force Adda Hotels and […]

Bulgaria to introduce derogations from the EU General Data Protection Regulation

The Bulgarian government has announced a set of specific requirements relating to the processing of personal data that it plans to introduce to national legislation in addition to the requirements under the EU General Data Protection Regulation (the “GDPR”). Such specific requirements (commonly known as “derogations”) are allowed by the GDPR in certain areas, such […]

Glencore awarded anti-suit injunction in DRC

In Kamoto Copper Company SA v Africa Horizons Investments Ltd and Ventora Development SASU [2018] EWHC 1086 (Comm) , Mr Justice Males ordered an anti-suit injunction against the defendant companies on the claimant’s application after the second defendant commenced proceedings in the DRC claiming US$2.857bn in relation to the alleged assignment of a royalties agreement…

Looming deadlines in the Cayman Islands: Are you in compliance?

By Craig T. Fulton, Ruth Hatt and Maree Martin As a reminder, we have recently issued a variety of updates and alerts highlighting some of the key regulatory changes here in the Cayman Islands. A number of these regulatory updates have significant penalties for non-compliance and the compliance deadlines are fast approaching. If you haven’t […]

Supreme Court rows back on Wrotham Park damages

Walker Morris’ Head of Commercial Dispute Resolution Gwendoline Davies explains new Supreme Court authority on claiming gain-based ‘negotiating’ or ‘Wrotham Park’ damages against a party in deliberate breach…

English Commercial Court upholds tough terms of aircraft engine lease

By Sarah Twohig In the recent case of Aquila WSA Aviation Opportunities II Ltd v Onur Air Tasimacilik AS [2018] EWHC 519, the English Commercial Court ruled in favour of the Plaintiff, an Irish lessor of an aircraft engine, despite the fact that the engine it had leased to the Defendant had failed during use […]

Cayman Islands Court of Appeal dismisses validation order case

By Ben Hobden, Erik Bodden, and Jordan McErlean In the recent decision of Aurora Funds Management Limited et al v Torchlight GP Limited the Cayman Islands Court of Appeal dismissed an appeal brought in respect of an order made by McMillan J in the Grand Court validating certain payments made by Torchlight GP Limited in accordance with […]

Competition body proposes regulation for heat networks

On 10 May 2018, the Competition and Markets Authority (CMA) announced its emerging thinking in its heat networks market study and proposed that heat networks should face additional regulation. The CMA found that, in many cases, heat networks offer consumers an efficient supply of heat and hot water at prices which were the same or […]

Fair dismissal resulting from failed intoxicant test

By Nuala Clayton and Emma Lavin The dismissal of an employee following a failed random breathalyser alcohol test has been upheld by the Workplace Relations Commission (“WRC”). In the absence of a statutory duty for employers to carry out intoxicant testing, the decision is a useful indicator of how a dismissal resulting from the imposition […]

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