Page 80 - Arbitration Act News Today

Shops will close just because this fat American company wants to make money: Salve ​ By IANS | Published on ​ Fri, Jan 29 2021 23:51 IST | ​ 0 Views   Shops will close just because this fat American company wants to make money.. Image Source: IANS News New Delhi, Jan 29 : Future Retail Ltd has said in the Delhi High Court that Amazon has filed its petition seeking implementation of the emergency award for "collateral purposes". "This order has been there for over two months. It is a...

Looking Forward: Class Actions in 2021 Last year, we reported on how Canadian courts will uphold mandatory arbitration clauses in some cases, depending on how the plaintiffs are classified. In 2019, the Supreme Court of Canada held in TELUS Communications Inc. v Wellman that a mandatory arbitration clause found in telephone service contracts prevented a proposed class of business customers from advancing a class action proceeding against TELUS, but the same clause did not preclude a class acti...

Amazon Asks High Court To Enforce Order Restraining Future-Reliance Deal Amazon Asks High Court To Enforce Order Restraining Future-Reliance Deal The plea also sought the detention of the Biyanis, directors of Future Coupons Pvt Ltd and Future Retail Ltd (FRL) and other related parties in civil prison and attaching of their properties for alleged "wilful disobedience" of the emergency arbitrators order. Amazon has approached the high court seeking to restrain Kishore Biyani-led Future Group...

Amazon urges HC to enforce arbitration award staying Future-Reliance deal SECTIONS Share Synopsis Future Retail had approached the NCLT a day after Amazon on Monday moved the Delhi High Court seeking an injunction to restrain Future Group in filing any application with regulators to complete its proposed deal with Reliance Retail. Reuters In August last year, Future had reached an agreement to sell its retail, wholesale, logistics and warehousing units to Reliance. New Delhi: Amazon on Thursday...

To embed, copy and paste the code into your website or blog: In a rare successful challenge to an arbitration award under section 68 of the Arbitration Act 1996, the Commercial Court remitted parts of an award for reconsideration by the tribunal. 1  The Court found that a computational error in the award - which had been admitted by the tribunal - amounted to a serious irregularity which caused or would cause substantial injustice to the applicant. Background The case arose out of a dispute b...

US-based e-commerce giant Amazon Thursday urged the Delhi High Court to order enforcement of the award by Singapores Emergency Arbitrator (EA) restraining the Future Group from going ahead with its Rs 24,713 crore deal with Reliance Retail. The plea also sought the detention of the Biyanis, directors of Future Coupons Pvt Ltd and FRL and other related parties in civil prison and attaching of their properties for alleged "wilful disobedience" of the emergency arbitrators order. Justice J R Mi...

To embed, copy and paste the code into your website or blog: This alert considers two recent English court judgments providing important guidance impacting expert evidence, first as regards conflicts of interest and, second, as regards the risks of an award being challenged for serious irregularity upon a misapplication by the tribunal of a model agreed between quantum experts for assessing damages.   FIRST CASE: COURT OF APPEAL RULES ON CONFLICTS OF INTEREST FOR EXPERTS The first case we cons...

Family Arbitration: the outlook after Haley Date:27 JAN 2021 This article explores the impact of the Court of Appeal’s decision in Haley v Haley [2020] EWCA Civ 1369 on family law arbitration. Having regard to family law jurisprudence that party agreements as to outcomes (whether direct or indirect, via arbitration) may not oust the court’s ultimate jurisdiction, the Court of Appeal decided that in relation to financial remedies disputes there was scope for the court substantively to ...

Advertisement Recent Development in Expert Evidence: The English Court Provides Guidance on Experts Conflicts of Interests and Highlights the Potential Pitfalls int he Use of Financial Damages Models Tuesday, January 26, 2021 This alert considers two recent English court judgments providing important guidance impacting expert evidence, first as regards conflicts of interest and, second, as regards the risks of an award being challenged for serious irregularity upon a misapplication by...

Reliance Infrastructure cant sell stake in BSES Rajdhani Ltd, BSES Yamuna Ltd till January 27. Representational Image&nbsp | &nbspPhoto Credit:&nbspIANS Key Highlights Delhi HC to hear plea filed under Arbitration Act on Jan 27 Reliance Infrastructure has been stopped from selling its stake in BSES Rajdhani Limited and BSES Yamuna Limited by the Delhi High Court till January 27. Admitting a petition filed by Shanghai Electric Group (SEG) Company Limited to secure a claim amount o...