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China plans to strengthen lithium battery industry regulations

JURIST

China sought to solicit public opinion towards the draft regulations , aiming at regulating its rapidly growing lithium battery industry on Wednesday. The rules, proposed by the Ministry of Industry and Information Technology, are designed to curb unchecked expansion and promote sustainable and high-quality development within the sector.

Drafting 129
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India Supreme Court upholds arbitration order blocking $3.4B Reliance-Future acquisition deal

JURIST

The Supreme Court of India on Friday upheld an order of the Singapore International Arbitration Centre (SIAC) as legally enforceable in India, effectively blocking the sale of Future Group (“Future”) to Reliance Industries Limited (“Reliance”). billion) acquisition deal between Future and Reliance.

Court 197
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India high court refuses Future Retail plea to stay emergency arbitration order

JURIST

The Delhi High Court on Friday rejected an appeal by Future Retail that sought a stay an interim order rejecting the Future Group’s appeal to vacate a stay on the company’s merger and acquisition deal with Reliance Retail Ventures (RRVL), the retail arm of Reliance Industries.

Court 104
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India high court dismisses Future Group plea to quash Amazon’s SIAC arbitration

JURIST

The Delhi High Court Tuesday dismissed two petitions filed by Future Group companies seeking to quash Amazon’s arbitration proceedings before the Singapore International Arbitration Centre (SIAC). An emergency arbitrator’s order in favour of Amazon was upheld by the Indian Supreme Court last year.

Court 193
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India Conglomerate Sues In Delaware To End Name Hijackings

Law 360

India-based multinational conglomerate Reliance Industries Ltd. sued in Delaware Chancery Court on Thursday to obtain orders barring bogus, like-named ventures from trading on the larger company's name in a widening scheme said to be linked to Russian internet servers.

Court 52
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How Companies Should Respond to China Tensions, Global Supply Chain Disruptions

The Fashion Law

Ongoing tensions between the United States and China have affected many companies around the world. At the same time, the COVID-19 pandemic has also made it very clear that when it comes to a company’s supply chain, reliance on China can have disastrous consequences in the event that these supply chains are interrupted.

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European Union announces proposals on combating deforestation, waste management

JURIST

The regulation would set mandatory due diligence rules for companies wishing to participate within the EU market, with the overall goal of reducing contributory reasoning for continued deforestation across the planet. This is done in an effort to reduce the amount of damage done by climate change.

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