Khaitan & Co advises Inmage Systems on acquisition by Microsoft

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Bombay High Court refuses anti arbitration injuncton against arbitration proceedings on the question of appointment of the tribunal

On 17 December 2018, the Hon’ble Bombay High Court (Court), in Ravi Arya & Ors v. Palm View Overseas Limited & Ors, passed an important order in relation to an antiarbitration injunction sought by the Plaintiffs in the matter, against an arbitral proceeding seated in Mumbai. The Court held that a challenge to the constitution […]

Supreme Court lays down guidelines to determine the interest payable on arbitral awards in International Commercial Arbitrations

On 11 October 2018, the Supreme Court of India (Supreme Court), in Vedanta Limited v Shenzen Shandong Nuclear Power Construction Company Limited (Civil Appeal No. 10394 of 2018), laid down the guidelines to be followed by arbitrators while awarding interest in an arbitral award pursuant to an international commercial arbitration. These guidelines take into account […]

CCI issues amendments to the combination regulations

By Manas Kumar Chaudhuri, Anisha Chand, Sakshi Agarwal The Competition Commission of India (CCI) notified the Competition Commission of India (Procedure in regard to the transaction of business relating to combinations) Amendment Regulations, 2018 on 9 October 2018 (Amendment Regulations). The Amendment Regulations bring welcome and anticipated changes to the Competition Commission of India (Procedure in […]

Supreme Court upholds TRAI’s jurisdiction in telecom operator case

By Rahul Singh, Anisha Chand, Sakshi Agarwal On 5 December 2018, the Supreme Court dismissed an appeal by the Competition Commission of India’s (CCI) challenging a Bombay High Court order in a matter alleging cartelisation by telecom companies Airtel, Vodafone and Idea (collectively, the IDOs). The central issue before the Supreme Court dealt was the jurisdiction of […]

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On 11 October 2018, the Supreme Court (Court) vide its judgment in B.K. Educational Services Private Limited v Parag Gupta and Associates (Civil Appeal No. 23988 of 2017) clarified the applicability of Limitation Act, 1963 (Limitation Act) to the Insolvency and Bankruptcy Code, 2016 (Code). Background Parag Gupta and Associates, a financial creditor (Respondent) had […]

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By Jane Weaver, Martin McKeague It is likely that, in the run-up to this Christmas, perhaps more online shopping will have been done than at any time ever before. Amid news stories about traffic congestion being caused by the growing numbers of delivery vans on our roads, and as technological innovations develop apace, retailers may be increasingly […]

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By Rui Amendoeira, Miguel Soares Branco In 2016, Portugal ran for four days straight on renewable energy alone. Recent investments in renewable energies mean that currently Portugal runs approximately 60 per cent on renewable energy all year round. Without relevant oil and gas developments, this European country represents the modern approach to the energy sector with […]

Channel Islands funds quarterly legal and regulatory update: Q4 2018

Jersey Developments Value of regulated funds in Jersey hits record high Figures released by the Jersey Financial Services Commission (JFSC) for Q3/2018 and reported by Jersey Finance, showed that the net asset value of regulated funds under administration in Jersey grew 14% year-on-year to stand at £301.7bn. Ogier’s commentary on this very encouraging news can […]

Serbia: The registration of Ultimate Beneficial Owners

As of 31 December 2018, the Central Registry of Ultimate Beneficial Owners was established within the Serbian Business Registers Agency (the “Registry”), in line with the Law on Ultimate Beneficial Owners (“Official Gazette of the RoS no. 41/2018). In addition, the Ministry of Economy issued guidelines which provide more information on the implementation of certain aspects of this Law […]

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2019 is likely to be an unpredictable and turbulent year in the UK and abroad, and few will be confident enough to predict whether Great Britain and Northern Ireland will leave the European Union in March; whether we will enjoy a heatwave in the Summer; or what the nation will watch now that Big Brother […]

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Mayer Brown makes up one City partner amid 21-strong promotions round

Mayer Brown has named 21 new partners across the firm and one in London for 2015, matching last year’s promotion figure. The firm’s promotions, which take effect on 1 January 2015, are US-heavy with 15 new partners distributed across New York (five), Washington DC (two), Houston (one), Chicago (six) and Charlotte (one). In London, litigator […]

Wragge advises ASSIA on ongoing dispute with British Telecommunications

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Barristers

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Wragge Lawrence Graham & Co wins Insider ‘Property Law Firm of the Year’ award

Wragge Lawrence Graham & Co has been named ‘Property Law Firm of the Year’ at the Insider Property Awards West Midlands 2014. The law firm’s real-estate practice was credited for its role in delivering innovative legal advice to secure a run of important deals. These include the Marks & Spencer’s megastore in Longbridge, IM Properties’ £44m purchase […]

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