The Supreme Court of India in HLV Limited (formerly Hotel Leelaventure Pvt. Ltd.) v. PBSAMP Projects Pvt. Ltd. (2025 INSC 1148) has clarified the scope of awarding interest under Section 31(7) of the Arbitration and Conciliation Act, 1996. The Court held that when an arbitral tribunal has already specified the rate and period of interest
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Kirkland & Ellis advised Advantage Partners on strategic minority investment from Tokyo Century
Kirkland & Ellis advised Advantage Partners on strategic minority investment from Tokyo Century The global law firm Kirkland & Ellis advised Advantage Partners in connection with Tokyo Century Corporation’s minority investment in the firm, supporting its future growth and strengthening the existing strategic alliance between the two organisations. Tokyo Century Corporation is a comprehensive financial
... Continue Reading.Chandhiok & Mahajan Elects Sujoy Bhatia As New Managing Partner, Effective October 1, 2025
Chandhiok & Mahajan Elects Sujoy Bhatia as New Managing Partner, Effective October 1, 2025 The leading law firm Chandhiok & Mahajan (C&M) has announced the election of Sujoy Bhatia as its new Managing Partner, effective October 1, 2025. Sujoy Bhatia succeeds Pooja Mahajan, who led the firm for the past eight years. While stepping down
... Continue Reading.Healthcare Fraud Case Results in $90M Settlement and $32M Legal Fee Award
Healthcare Fraud Case Results in $90M Settlement and $32M Legal Fee Award Justice Department Defends Whistleblower Law as Business Groups Push Back Humana Inc. has been ordered to pay over $32 million in attorney fees and costs to law firms representing a whistleblower who successfully pursued a $90 million settlement on behalf of the U.S.
... Continue Reading.Galadari Promotes Sergejs Dilevka To Partner To head Arbitration Department In Dubai
Galadari promotes Sergejs Dilevka to Partner to head Arbitration Department in Dubai The prominent Emirati law firm Galadari Advocates & Legal Consultants is pleased to announce the promotion of Sergejs Dilevka to Partner, heading the firm’s Arbitration Department, effective 25 September 2025. Based in the Dubai office, Sergejs’s promotion underscores the firm’s commitment to recognising
... Continue Reading.Sheppard Mullin Welcomes Sarah Kahn To lead Aerospace, Defense & Government Services Transactions
Sheppard Mullin welcomes Sarah Kahn to lead Aerospace, Defense & Government Services Transactions Sheppard, Mullin, Richter & Hampton LLP has announced the addition of Sarah Kahn (Partner) to its Corporate practice group and Aerospace, Defense & Government Services (ADG) industry team in Washington, D.C. Kahn, who was previously Co-Chair of DLA Piper LLP’s Aerospace, Defense
... Continue Reading.Tribunal Sets Aside Excise Duty Demand on Captive Consumption of Sugar Syrup
Tribunal Sets Aside Excise Duty Demand on Captive Consumption of Sugar Syrup Marketability is essential for excise duty on intermediate goods, rules CESTAT The Chennai Bench of the Customs, Excise, and Service Tax Appellate Tribunal has delivered a significant judgment clarifying the excitability of intermediate goods captively consumed during manufacturing. The tribunal held that sugar
... Continue Reading.Suzuki Motor Case Cited In Maxxis Rubber ITAT Win On Depreciation Treatment
Suzuki Motor Case Cited in Maxxis Rubber ITAT Win on Depreciation Treatment Income Tax Tribunal Rules in Favor of Assessee in Section 32 Depreciation Case The Ahmedabad Bench of the Income Tax Appellate Tribunal has granted significant relief to Maxxis Rubber India Pvt. Ltd., setting aside a revisionary order passed under Section 263 of the
... Continue Reading.Federal Circuit Clarifies Dupont Factor In Trademark Case Between Apex Bank And CC Serve
Federal Circuit Clarifies Dupont Factor In Trademark Case Between Apex Bank And CC Serve ASPIRE BANK trademark dispute highlights key issues in likelihood of confusion analysis In a precedential decision issued recently, the U.S. Court of Appeals for the Federal Circuit provided important clarification regarding the proper application of the DuPont factors in trademark opposition
... Continue Reading.Legal Dispute Over Property Tax and Stamp Duty Valuation in Agricultural Land Transaction
Legal Dispute Over Property Tax and Stamp Duty Valuation in Agricultural Land Transaction Income Tax Appellate Tribunal directs fresh verification on stamp duty and land classification issues The Income Tax Appellate Tribunal, Delhi Bench, recently addressed a contentious issue involving the incorrect application of stamp duty on agricultural land and the applicability of Section 56(2)(x)(b)
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