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Canadian Insurance Company Fairfax loses $8b lawsuit filed against Steven A Cohen
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Canadian Insurance Company Fairfax loses $8b lawsuit filed against Steven A Cohen Like

Team SoOLEGAL   |   5 Apr 2018 8:14pm

New Jersey Superior Court Judge Frank DeAngelis dismissed $8 billion lawsuit  filed against  the billionaire Steven A. Cohen who along with  his former firm SAC Capital Advisors LP and other hedge funds were accused of conspiring  to spread false rumors…

Essar shipping files application in Delhi High Court for enforcement of arbitration award won by it
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Essar shipping files application in Delhi High Court for enforcement of arbitration award won by it Like

Team SoOLEGAL   |   5 Apr 2018 5:55pm

New Delhi: Heavily indebted Essar shipping citing a recent Supreme Court order by which it allowed retrospectively enforcement of arbitration awards, has moved Delhi High Court asking for direction from the court for enforcement of arbitration award of Rs 260…

Daiichi files application in Delhi High Court to stop sale of Fortis to Manipal
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Daiichi files application in Delhi High Court to stop sale of Fortis to Manipal Like

Team SoOLEGAL   |   5 Apr 2018 5:37pm

New Delhi: In a bid to protect its interest the Japanese pharma major Daiichi Sankyo filed an application in Delhi High Court to block sale of Fortis Healthcare to Manipal Health Enterprises until the arbitration award worth Rs 3500 crore…

Salman Khan pronounced guilty in the blackbuck poaching case: Gets Five year in jail
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Salman Khan pronounced guilty in the blackbuck poaching case: Gets Five year in jail Like

Team SoOLEGAL   |   5 Apr 2018 12:59pm

Jodhpur,Rajasthan : Salman Khan, Hindi film industry's leading actor was today pronounced guilty in the 1998 blackbuck poaching case by a court in Jodhpur. Other co-accused actors Saif Ali Khan, Sonali Bendre, Neelam and Tabu were let off. Salman has been…

Accused in Bhagalpur riots: Union ministers bail plea rejected
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Accused in Bhagalpur riots: Union ministers bail plea rejected Like

Team SoOLEGAL   |   4 Apr 2018 6:37pm

Bhagalpur, Bihar:  A local court here rejected the bail application of Union minister Ashwini Kumar Choubey's son and Bharatiya Janata Party leader Arijit Shashwat. He has been accused of inciting communal violence in Bhagalpur district. Several people including few policeman were…

Tax dispute case: Madras High Court gives conditional respite to Cognizant Technology as it stays freezing of its bank accounts
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Tax dispute case: Madras High Court gives conditional respite to Cognizant Technology as it stays freezing of its bank accounts Like

Team SoOLEGAL   |   4 Apr 2018 4:50pm

Chennai: The Madras High Court granted stay to Cognizant Technology Solutions against Income Tax Department demand of around Rs 2,800 crore .However while granting this stay, the court told the company  to  place 15 per cent of the income tax…

Supreme Court refuses to stay its earlier order on SC/ST act
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Supreme Court refuses to stay its earlier order on SC/ST act Like

Team SoOLEGAL   |   4 Apr 2018 3:10pm

New Delhi :SC bench comprising of Justices A K Goel and U U Lalit while listening to review petition filed by centre Government on verdict given by it on SC/ST act,  said it is open to considering in detail the…

First arrest made in Mueller's Russia probe
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First arrest made in Mueller's Russia probe Like

Team SoOLEGAL   |   4 Apr 2018 12:33pm

The first arrest has been made in the ongoing probe into Russian intrusion in the US, 2016’s presidential election. Alex van der Zwaan, a Dutch lawyer on Tuesday was sentenced to 30 days in jail and asked to pay a…

Lenders to consider Binani Cement's offer of out -of -court settlement
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Lenders to consider Binani Cement's offer of out -of -court settlement Like

Team SoOLEGAL   |   3 Apr 2018 8:36pm

Kolkata:As Binani Industries’ parent moved an application expressing desire to go for out of court settlement with the committee of the creditors, the Kolkata Bench of National Company Law Tribunal (NCLT) adjourned the hearing on Binani Cement insolvency proceedings to…

U.S. federal govt and California in a legal tug of war over law trying to curb federal land sales
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U.S. federal govt and California in a legal tug of war over law trying to curb federal land sales Like

Team SoOLEGAL   |   3 Apr 2018 7:48pm

Washington/San Francisco -In something which may be akin to Centre suing a State in India, the U.S. Justice Department has sued California over a state law that aims to stop the Federal govt from selling or transferring federal lands to…

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