Legal 60

Austere Systems, Toyfort, Fimo Found Guilty Of Cartelisation By CCI “CCI penalizes three firms for rigging soil testing bids in Meerut, Jhansi” In a significant affirmation of regulatory oversight in public procurement, the National Company Law Appellate Tribunal has upheld the Competition Commission of India’s findings against three companies, Austere Systems, Toyfort, and Fimo Infosolutions

Amazon Wins Relief As SC Upholds Stay In Beverly Hills Polo Club Trademark Case “Trademark dispute deepens as Lifestyle fails to overturn HC stay in SC” In a significant legal development in the realm of intellectual property rights, the Supreme Court of India has dismissed an appeal by Lifestyle Equities CV and Lifestyle Licensing BV

Joyalukkas Wins Tax Appeal On Loan Interest Disallowance Before ITAT Cochin Interest on Working Capital Loans Held Deductible as Revenue Expenditure by ITAT In a significant ruling reinforcing the treatment of interest on working capital loans as a revenue expenditure, the Income Tax Appellate Tribunal, Cochin Bench, allowed a deduction of ₹1,39,04,056 under Section 36(1)(iii)

Eversheds Sutherland advised Gresham House on acquisition of SUSI Partners AG The multinational global law firm, Eversheds Sutherland, advised longstanding client Gresham House, a specialist sustainable investment manager, on its agreement to acquire SUSI Partners AG, a Switzerland-headquartered investment manager focused on energy transition infrastructure. The acquisition creates a top-ten European energy transition platform, combining

Impact Of Federal Circuit Ruling On Telecom Patent Enforcement And 5G Technology Legal experts weigh in on Federal Circuit’s decision in AT&T wireless patent dispute In a significant legal development, the U.S. Court of Appeals for the Federal Circuit has overturned a $166 million jury verdict previously awarded to Finesse Wireless LLC against telecommunications giant

Delhi High Court to Protect Personality Rights of Telugu Actor Akkineni Nagarjuna The leading Indian law firm, Anand and Anand, represented Telugu actor Akkineni Nagarjuna in securing protection for his personality rights from the Delhi High Court. Appearing before Justice Tejas Karia, Nagarjuna’s counsel submitted that the actor’s name, image, and likeness were being misused

Trilegal advised Pluxee Group on 100% acquisition of ProEves The leading Indian law firm, Trilegal, advised the Pluxee Group (formerly Sodexo BRS) in conducting due diligence and executing transaction documents for the acquisition of 100% shareholding in ProEves Services Private Limited. The transaction is pending closure. The Pluxee Group is a global player in the

Kasam Kiani Joins Hourani as Counsel in the Corporate & M&A Team The leading Middle East law firm with a global presence, Hourani, has announced that UK-qualified corporate lawyer Kasam Kiani has joined the firm as Counsel in its Corporate & M&A practice. Kasam Kiani brings extensive experience advising on complex, high-value mergers & acquisitions,

Trilegal advised on the successful listing of iValue Infosolutions Limited’s equity shares aggregating INR 5,602.95 million The leading Indian law firm, Trilegal, advised on the successful listing of equity shares by iValue Infosolutions Limited (“iValue”) aggregating to INR 5,602.95 million. The IPO comprised an offer for sale by certain existing shareholders. iValue is a technology

AR Rahman Wins Appeal In Veera Raja Veera Copyright Dispute With Dagar Family Dagar family’s copyright claim rejected in interim by Delhi High Court In a significant legal development concerning artistic rights and traditional compositions, the Division Bench of the Delhi High Court has set aside an interim injunction that had earlier been imposed on