Amazonv Future News Today

2021 saw a frenzy in the M&A market as acquirers raced to exploit their cash reserves and low interest rates to leverage key growth opportunities across sectors.

Justice Rajiv Shakdher of the Delhi High Court recused himself from hearing Amazon’s appeal against a single-judge order in its ongoing dispute with Future Retail.

The Supreme Court was told on Tuesday that talks between Amazon and the Future companies had failed, and that Reliance was taking over the assets of the latter.

History of the legal battle between Amazon and Future that started in 2020.

The focus here is limited to an analysis of recent order passed by Delhi High Court wherein, exercising its Writ Jurisdiction under the Indian Constitution, it stayed further proceedings before the Arbitral Tribunal.

The Delhi High Court will hear today at 2.15 pm Future Group's appeal seeking a direction to a Singapore tribunal to deal with its termination applications in relation to its 2019 deal with Amazon

Given that Amazon and Future are big corporations, they can make alternative arrangements when some lawyers test COVID-19 positive, the Delhi High Court said.

Amazon has asked CCI to recall its approval given to the Future-Reliance deal in light of orders passed by courts and tribunals on the same.

The Supreme Court today frowned upon the excessive filing of documents in the Amazon-Future dispute.