Khaitan & Co successfully opposes grant of ad interim relief against Saregama India

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Amendments to the metrology rules

The Legal Metrology (Packaged Commodities) Amendment Rules, 2017 (Amendment Rules) issued on 23 June 2017 had introduced important amendments to the Rules, especially in relation to e-commerce entities. The Amendment Rules came into force from 1 January 2018. Some of the important amendments in relation to e-commerce entities introduced vide the Amendment Rules are as […]

Delhi: Institutional push to arbitration

The Indian government has been committed towards making India an international hub for arbitration, at par with international standards, one that would give comfort to investors and businesses…

India: Securities board circular on listed entities schemes of arrangements

The Securities and Exchange Board of India (SEBI) has issued a circular dated 3 January 2018 (Ref: CFD/DIL3/CIR/2018/2) (2018 Amendment Circular), amending certain provisions of the SEBI Circular dated 10 March 2017 (Ref: CFD/DIL3/CIR/2017/21) which laid down detailed guidelines and procedures for listed entities undertaking schemes of arrangements (2017 Circular)…

Mumbai: Tribunal upholds book-value based taxation

The Mumbai bench of the Income-tax Appellate Tribunal (ITAT) has delivered a ruling favouring the taxpayer (Amartara Pvt. Ltd v DCIT, ITA No. 6114/Mum/2016) (Ruling) which could impact corporate restructurings significantly and increase the popularity of LLP as a preferred form of entity for business…

Telecoms India: new regulations on interconnection

The Telecom Regulatory Authority of India had received several representations from various telecom service providers to review the existing regulatory framework for interconnection. Accordingly, TRAI issued a pre-consultation paper on 14 October 2015 and sought views of TSPs on specific issues…

Latest Briefings

Civil partnerships: a thing of the past?

By Sarah Green This week, the Supreme Court has heard the case of a couple who wish for their relationship to have the same legal status as same-sex civil partners…

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 […]

Luxembourg: Effect of the insurance distribution directive on the life insurance industry

Directive (EU) 2016/97 on Insurance Distribution of 20 January 2016 (“IDD” or “the Directive”) harmonises national provisions concerning the distribution of insurance and reinsurance products and insurance-based investment products (“IBIPs”) by insurance intermediaries, insurance companies, their employees, and ancillary insurance intermediaries in the European Union. The objective of the present article is not to summarize […]

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…

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Watson Farley & Williams has increased revenue by 8 per cent over the first half of the 2014/15 financial year, reaching £56.8m. The figure continues the growth reported at the end of the last financial year, when the firm increased revenue by 14.6 per cent, taking it from £102.1m to £117m (2 June 2014). The […]

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Morgan Lewis finalises transfer of 226 Bingham partners, 556 staff and associates

Morgan Lewis & Bockius has finalised the transfer of 226 partners and 525 other associates and legal professionals from Bingham McCutchen. Around 750 Bingham staff will start their new jobs at Morgan Lewis today, the firm has confirmed in a statement. “In Morgan Lewis, we have found a perfect new home,” Bingham managing partner Steve […]

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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Pinsents’ outgoing MP David Ryan: “I thought I couldn’t get any busier”

David Ryan is more or less an institution at Pinsent Masons. During his 15 year tenure as the firm’s managing partner, he has led its transformation from a 134-partner regional practice into a 380-partner global outfit. But, having spent all that time in management without facing a contested election, the managing partner is finally relinquishing […]

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Linklaters’ Simon Davies: “The magic circle isn’t what it used to be”

This week Linklaters’ governing bodies, long-defended lockstep and US game plan came under scrutiny from partners in the first bi-annual partner meeting in six years. Is the firm at a crossroads of identity? Managing partner Simon Davies says it is the magic circle suffering the branding crisis, not Linklaters. “There is a point about longevity […]

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