Legal 60

India-UK Free Trade Agreement halves import tariffs in liquor market Indian brands seek fair competition and reciprocal access The India-UK Free Trade Agreement (FTA) has become historic in the country’s alcoholic beverage (alco-bev) sector. It has halved import duties on Scotch whisky and gin from 150 percent to 75 percent, with a game plan to

United States explains Patent Office and Justice Department’s views on irreversible harm The move came in the backdrop of the Radian Memory Systems vs. Samsung Electronics case Recently, a Statement of Interest (SOI) was filed by the United States, describing the views of the U.S. Patent and Trademark Office (USPTO) and the Department of Justice

In a notable decision, the Supreme Court in Shri Shri Swami Samarth Construction & Finance Solution & Anr. v. The Board of Directors of NKGSB Co-op. Bank Ltd. & Ors. (Writ Petition (Civil) No. 684 of 2025), definitively addressed whether banks must proactively identify “incipient stress” in MSME loan accounts before classifying them as NPAs or initiating

Latham & Watkins advised Shoulder Innovations on its US$75 million initial public offering The leading international law firm Latham & Watkins LLP advised Shoulder Innovations, Inc. (“Shoulder Innovations”), a commercial-stage medical technology company transforming the shoulder surgical care market, on its initial public offering. The offering comprised 5,000,000 shares of common stock at a public

Latham & Watkins advised Exela Technologies BPA, LLC on its acquisition by XBP Europe Holdings, Inc. The leading international law firm Latham & Watkins LLP advised Exela Technologies BPA, LLC (Exela BPA), a leading provider of business process automation solutions, on its emergence from chapter 11, exit financing and securitization facilities, and its acquisition by

Latham & Watkins advised the underwriters on Figma’s US$1.2 billion initial public offering The leading international law firm Latham & Watkins LLP advised the underwriters in connection with the US$1.2 billion initial public offering of Figma, a design and product development platform that enables teams to collaborate and turn ideas into leading digital products and

Introduction: This case is a significant decision by the Delhi High Court that addresses the interplay between the right to file a review petition and an appeal under Order 47 Rule 1 of the Code of Civil Procedure, 1908 (CPC). The case clarifies the legal position regarding the maintainability of an appeal when a review

Cyril Amarchand Mangaldas advised Bangalore International Airport Limited and Bengaluru Airport City Limited on Convention Centre development The leading Indian law firm Cyril Amarchand Mangaldas advised Bangalore International Airport Limited and its wholly owned subsidiary Bengaluru Airport City Limited (“BACL”) on a long-term sub-lease with Prestige Group for the development of a state-of-the-art Convention and

Introduction: The case of Gurmeet Singh Sachdeva v. Skyways Air Services Pvt. Ltd. [CM(M) 147/2024, Delhi High Court] is a significant ruling by the Delhi High Court that addresses the scope of Order 7 Rule 11 of the Code of Civil Procedure, 1908 (CPC), particularly the requirement for a plaint to disclose a cause of

Luthra and Luthra Elevates Five Lawyers to Equity Partnership The leading law firm Luthra and Luthra Law Offices India has elevated five accomplished lawyers to its equity partnership, marking a significant milestone in the firm’s continued growth and commitment to fostering leadership from within. Veteran Partners, Sanjay Kumar and Sanjeev Kumar, along with Faisal Sherwani,