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Post-acquisition indemnity does not cover future events holds Delaware Chancery Court
- Nishith Desai Associates
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- India, USA
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- January 17 2013
In a recent landmark ruling, Walter A. Winshall v. Viacom International Inc.1, the Delaware Court of Chancery has explained the scope of the
Top 10 lessons learned from the Vodafone, Aditya Birla and other tax cases in India
- Pepper Hamilton LLP
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- India
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- September 29 2011
The rulings of the Bombay High Court in the famous US$2.5 billion tax assessment case against Vodafone in Vodafone v. Union of India and the rulings more recently in Aditya Birla Nuvo Limited v. DDIT and Union of India, New Cingular Wireless Services Inc. v. DDIT and Tata Industries Ltd. v. DDIT are all full of cautionary tales for foreign investors looking to buy Indian-related assets
Sanofi wins the indirect way
- Singh & Associates
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- India
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- February 28 2013
Taxation Environment in a Country has also been and always remains a matter of concern for foreign investors. A foreign investor always
International regulatory update 7 - 11 January 2013
- Clifford Chance LLP
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- European Union, France, Global, India, Poland, Singapore, United Kingdom, USA
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- January 14 2013
EMIR: Extension of scrutiny period for Commission Delegated Regulations Basel III: Basel Committee releases revised version of Liquidity Coverage
Supreme Court of India's Vodafone judgment: implications for international investors
- White & Case LLP
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- India
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- February 9 2012
On January 20, 2012, the Supreme Court of India (the “Supreme Court”) delivered a landmark judgment in Vodafone International B.V. v. Union of India & Anr
UK telecommunications company Vodafone recently receives favorable ruling from Supreme Court of India
- Fox Rothschild LLP
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- India
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- June 26 2012
This past January, the Supreme Court in India ruled in Vodafone International Holdings B.V v. Union of India,Civil Appeal No. 733 of 2012 (arising from S.L.P. (C) No. 26529 of 2010) that the sale of stock of a company that was non-resident in India to another non-resident company was not subject to income tax in India
Vodafone not liable for taxes on Essar purchase, says India Supreme Court
- Paul, Weiss, Rifkind, Wharton & Garrison LLP
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- India
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- January 27 2012
A long-running battle between British wireless giant Vodafone and India’s tax authority ended in victory for Vodafone, as India’s Supreme Court decreed that Vodafone does not owe US$4.4 billion in taxes and penalties accruing from its $10.9 billion acquisition of Hutchison Essar in 2007
Vodafone ordered to deposit $554 million in Indian tax case
- Paul, Weiss, Rifkind, Wharton & Garrison LLP
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- India
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- November 19 2010
Pending a final decision on Vodafone’s appeal against a government directive that holds Vodafone liable for US$2.5 billion in taxes and interest accruing from the company’s 2007 acquisition of Hutchison Essar, the Supreme Court of India ordered Vodafone on Monday to submit a deposit of $554.1 million within three weeks as well as bank guarantees within eight weeks that would cover the outstanding portion of the government’s tax claim
India's Supreme Court rules for Vodafone - a welcome signal for global investors
- Pillsbury Winthrop Shaw Pittman LLP
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- India
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- January 31 2012
The Indian Supreme Court’s decision in the Vodafone case brings to an end the long saga that has kept global investors on edge about the taxation of foreign acquisitions in India
Protecting your investments in foreign courtsan australian mining company secures bilateral investment treaty remedy for local court delays
- Herbert Smith Freehills LLP
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- Australia, India
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- March 5 2012
Australian mining company White Industries Australia Limited (White) has successfully brought a claim under the Australia-India bilateral investment treaty (BIT) seeking a remedy following a nine year delay by India’s courts
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