Indian broadcaster Zee Entertainment said on Monday it will take legal action against Sony Group after the Japanese media company terminated a $10 billion merger of their India operations, Reuters reported on 22 January...
Dalmia Bharat’s deal to buy Jaypee’s cement assets hits a legal hurdle
Dalmia Bharat’s acquisition of Jaiprakash Associates’ cement assets for ₹5,666 crore has hit a legal hurdle due to a shareholder dispute at one of the joint-venture plants that was to be acquired as part of...
Thomson Reuters to acquire legal tech provider Casetext for $650 mln
Thomson Reuters Corporation (TRI.TO) said it had agreed to acquire Casetext, a California-based company that provides technology solutions for legal professionals, in a $650 million all-cash deal. Thomson Reuters’...
LegalPay acquires strategic stake in Gujarat-based NBFC Padmalaya Finserve
Third-party litigation funding startup LegalPay has acquired a strategic minority stake in the Gujarat-based non-banking finance company (NBFC) Padmalaya Finserve. The NBFC plans to disburse about Rs 1,000 crore in...
Atlanta, Chicago law firms merge as legal industry tie-ups gain steam
Atlanta-founded Smith, Gambrell & Russell and Chicago-based Freeborn & Peters said that they will merge on March 1, creating a 400-attorney law firm. The combined firm will have 11 U.S. offices and three...
Australia blocks Telstra-TPG wireless internet deal, sparking legal fight
Australia’s antitrust regulator blocked an asset transfer deal between Telstra and TPG, the country’s No.1 and No.2 wireless internet firms, citing competition concerns, setting the scene for a legal battle...
Octopus Energy’s Bulb takeover faces legal challenge from rivals
Collapsed British energy supplier Bulb’s acquisition by Octopus Energy faces further delays after rival suppliers E.ON, British Gas and Scottish Power told London’s High Court that they are mounting a legal challenge to...
Apollo Global eyes legal route against Future Group
New York-based private equity firm Apollo Global Management has opened a new front in its battle with Kishore Biyani’s insolvent retail operations, over the sale of assets involving the Future Group’s listed arm Future...
Twitter vows legal fight after Musk pulls out of $44 billion deal
Elon Musk, the chief executive officer of Tesla and the world’s richest person, said on Friday he was terminating his $44 billion deal to buy Twitter because the social media company had breached multiple...
Amazon faces uphill battle with Future Retail insolvency, say legal experts
Amazon’s efforts to oppose Bank of India’s move to initiate corporate insolvency resolution proceedings against debt-laden Future Retail Ltd will be an uphill task, experts said. The National Company Law Tribunal (NCLT)...
Appian begins legal proceedings in $1.2 bln claim against Sibanye-Stillwater
London-based investment firm Appian Capital Advisory’s $1.2 billion compensation claim proceedings against South Africa’s Sibanye-Stillwater for the termination of two mine deals have started in a UK court...
Ambuja, ACC sale: UltraTech likely to bid, secures legal view
Armed with a favourable legal opinion and regulatory precedence under the Competition Act, Aditya Birla Group is likely to bid for Holcim’s India assets – Ambuja Cements and ACC Ltd, said people in the know...