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- HBO’s Succession: Reel-to-Real life lessons for Indian Family Businesses
“I’m not saying I’d make a better CEO. That’s unsaid.” – Connor Roy At the time of publication, we are just a few days away from the release of the final season of HBO’s highly acclaimed family business drama, Succession. For many viewers in India, the show’s portrayal of the perils and tribulations of running...
- IFSCA Relaxes Rules for Family Investment Funds in GIFT City
Fund structures are gaining popularity among wealthy individuals in India as optimum structures to help with wealth planning, investments, and tax management. Family offices are viewing GIFT City, India’s first international financial services centre (“IFSC”), for the purpose of facilitating global investments in a structured manner. The IFSC funds regime envisages a ‘Family Investment Fund’...
- India’s Supreme Court Rejects Petition on Renaming of Historical Cultural Religious Places
In Upadhyay v. Union of India, (Sup. Ct. India, Feb. 27, 2023), the Supreme Court of India dismissed a petition brought by a leader of a Hindu nationalist party seeking to require the government to research and publish the “original names of ‘ancient historical cultural religious places’, named after barbaric foreign invaders.” According to the court:...
- The Adani Group Scandal Casts Doubt on the Rule of Law in India
Sound policymaking has helped India modernize and achieve robust economic growth, positioning it to become an increasingly important player on the world stage. But recent developments – and scandals – show that the government must address some major issues if it wants to sustain India’s global rise. — Nouriel Roubini As India chairs the G20 meeting...
- What’s Happening? 2022 Wrap of Competition Law in India
Introduction 2022 was an eventful year for competition law in India. The Competition Commission of India (CCI) operated optimally approving combinations notified before it in reasonable timelines, conducting significant dawn raids, passing notable orders that made international headlines, and conducting market studies. The anticipated amendments to the Competition Act, 2002 (Act) were discussed ad nauseum...
- Importer recalls catfish steaks from India because of import violation
Delight Foods USA LLC, a distributor and the importer of record located in Jersey City, NJ, and Delight Foods LLC, a distributor and the importer of record located in San Jose, CA., is recalling 2,961 pounds of imported frozen catfish steaks. The products were imported from India, a country ineligible to export catfish products to...
- Commerce Initiates 5-Year Sunset Reviews
On February 1, 2023, the U.S. Department of Commerce published a notice that it is automatically initiating five-year Sunset Reviews for antidumping duty (AD) and countervailing duty (CVD) orders from: Husch Blackwell’s International Trade and Supply Chain team has extensive experience in these types of proceedings and encourages those who believe they may be affected...
- Can trustee also be a beneficiary while setting up a trust in India?
The following article was first published in the Mint newspaper on 17th January, 2023. The same was written by our Private Client team at Cyril Amarchand Mangaldas, who frequently publish their comments and opinions in the Mint. The online version of the article can be found here. ‘Should I write a will or form a trust...
- Researchers assess the impact of Nestlé India Maggi recall; food safety concerns lingered
A recall of Nestlé Maggi noodles in India in 2015 impacted the company for several years, according to an analysis of consumer purchase data. Scientists examined the immediate and long-term changes in noodle purchases after the nationwide removal of Maggi instant noodles from the Indian market. “The Maggi noodles scandal is a clear example of...
- Webinar: US-India Collaboration, An Outlook for 2023
Join us on January 17 at 10:30 Eastern Time Click Here to Attend (no registration required) Given the depth of the relationship between the two largest democracies in the world and the fast-changing geopolitical landscape, please join Harris Bricken attorney Jonathan Bench, World Trade Center Utah COO David Carlebach, and Indus International Research Foundation (IIRF),...
- Law firms cut rates by outsourcing to India
The St. Paul Pioneer Press reports on law firms outsourcing legal work to India. They do it through a Minneapolis company, Intellevate, which, the Pioneer Press reports, is majority owned by the Minneapolis intellectual-property law firm Schwegman Lundberg Woessner & Kluth....
- Dietary Supplements Legislation in India
Dietary supplements are now explicitly regulated in DSHEA-like fashion in India. The dietary supplements regulation was reported in Indian Food Bill with supplements category becomes law. “The Indian Food Safety and Standards Bill 2005 has been signed into law, promising a significant impact on the ...
- Virginia’s Long Arm Reaches India, Fourth Circuit Holds
The Fourth Circuit has upheld haling an Indian outfit into a Virginia federal court to answer claims that it misused a Virginia entity’s intellectual property in the U.S. The decision pivoted on the fact that the parties’ relationship had its “genesis” in the Indian defendant’s visit to the Charlot...
- Eternit, Etex and Asbestos Cement – Global Scale, Decades Ago – How to Deal with Current and Future Claims ?
Monday’s post (12/26) pointed out a variety of product liability, corporate law and compensation issues in the context of one nation (India) and a small group of apparently independent asbestos-cement companies. The point of today’s post is to illustrate macro level complexities that arise due to...
- Thomson Reuters Sends More Westlaw Jobs to India & Philippines
As my good friend Jason Wilson told me a few minutes ago, “it is a sad day for legal publishing.” As we mentioned back in April, Thomson Reuters was shutting down its Banks Baldwin operations in Ohio and “after it closes, the work will be shifted to New York, Minnesota, the Philippines and India.” ...
- Overview of the Asbestos-Cement Industry in India as of 1997-98
Here is a comprehensive summary of the asbestos-cement industry in India as of 1997-98. Papers like this tend to end up becoming “tomorrow’s” evidence....
- SPIL Mumbai Calls For Papers On International Trade SPIL孟买欢迎贸易投稿
This blog occasionally posts articles regarding international trade issues with respect to India that are connected to China – US trade issues. In that spirit we wish to bring to our readers’ attention a recent call for papers to be presented at the 3rd Government Law College International Law...
- US Moves to Challenge India’s Poultry Ban at WTO
The United States took the first step Tuesday toward formally challenging India’s longtime ban on U.S. poultry products before the World Trade Organization. “Over the last few years, the United States has repeatedly asked India to justify its claim that a ban on poultry products from the United...
- FDA: Safety Violations at India Plant Linked to Tuna Salmonella Outbreak
As the case count continues to rise in the nationwide Salmonella outbreak linked to raw tuna, an inspection by U.S. health officials has revealed unsanitary conditions at the India facility that produced the implicated tuna product. On April 19, about a week after authorities announced that a...
- India’s New Visa Processing System
As part of the U.S. Department of State’s continuing efforts to streamline the visa process worldwide, U.S. Embassy and Consulates across India are implementing a new visa processing system that will further standardize procedures and will simplify fee payment and appointment scheduling through...