Delhi High Court Emphasizes Need for Hindi in Matrimonial Disputes Settlement Agreements

The Delhi High Court recently issued guidelines for the drafting of mediated settlement agreements in matrimonial disputes, highlighting the urgent need for such agreements to be available in Hindi. The court emphasized that the majority of litigants in Delhi, who primarily speak Hindi, face difficulties in understanding settlement agreements drafted only in English. It noted …

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Deutsche Bank’s $75 Million Settlement with Epstein Accusers Delayed by U.S. Judge

NEW YORK – A federal judge in Manhattan has deferred the approval of Deutsche Bank AG’s $75 million settlement with women who alleged sexual abuse by Jeffrey Epstein and accused the German bank of facilitating the late financier’s sex trafficking. U.S. District Judge Jed Rakoff, during a hearing on Thursday to consider preliminary approval of …

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Youth Plaintiffs Granted New Opportunity to Pursue Landmark Climate Change Lawsuit

In a significant legal development, an Oregon federal judge has breathed new life into a high-stakes lawsuit initiated by 21 young Americans, seeking to hold the U.S. government accountable for its policies that contribute to climate change. U.S. District Judge Ann Aiken, based in Eugene, has granted the youth plaintiffs the chance to modify their …

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Supreme Court Ruling Could Have Chilling Effect on Labor Strikes

WASHINGTON – In a recent ruling, the U.S. Supreme Court has delivered a blow to organized labor, raising concerns among legal experts about the potential implications for unions engaged in strikes. The 8-1 decision, authored by conservative Justice Amy Coney Barrett, is expected to make it easier for companies to sue over strikes that result …

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UAE Introduces New Free Zone Corporate Tax Regime, Offering Benefits to Juridical Persons

In a recent development, the United Arab Emirates (UAE) Ministry of Finance (MoF) has announced significant decisions that outline the key aspects of the corporate tax regime applicable to juridical persons operating within the country’s free zones. These decisions, namely Cabinet Decision No. 55 of 2023 on Determining Qualifying Income and Ministerial Decision No. 139 …

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Surge in Demand for Schengen Visas Causes Booking Delays Until September in UAE

DUBAI — UAE residents seeking Schengen visas are facing a lengthy wait, with appointment slots fully booked until September due to an unprecedented surge in demand. Travel agents report receiving an overwhelming number of daily enquiries, reaching up to 700, as residents finalize their overseas holiday plans for the upcoming Eid Al Adha break. Despite …

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Amid Rising Geopolitical Tensions, Family Offices Revise Asset Allocations

In response to a variety of factors including shifting interest rates, looming inflation, and fluctuating economic growth, family offices globally are making the most significant changes in strategic asset allocation seen in recent years. This comes as part of a broader strategy to navigate geopolitical issues and adjust to regional investment predilections. UBS, the Swiss …

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Kerala High Court Rules Education Loans Cannot Be Rejected Based on Low Credit Scores

The Kerala High Court has declared that education loan applications cannot be dismissed solely on the grounds of a low CIBIL (Credit Information Bureau Limited) score. Justice P.V. Kunhikrishnan emphasized the importance of a humanitarian approach by banks when considering loan applications, recognizing students as the future builders of the nation. The ruling came in …

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Supreme Court Safeguards 20-Year-Old Woman from Family Threats

In a significant ruling on Wednesday, the Supreme Court directed the Delhi police to ensure the protection of a 20-year-old woman who expressed fears for her safety due to threats posed by her own family members. The case, brought before the vacation bench consisting of Justice Bela Trivedi and Justice Prashant Kumar Mishra, centered around …

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Supreme Court Affirms Authority to Remove Unnecessary Parties in PILs, Citing Discretionary Powers

The Supreme Court, in a recent ruling, upheld its authority to delete unnecessary parties in Public Interest Litigations (PILs), emphasizing the court’s discretionary powers in issuing notices to relevant parties. The decision came as the court dismissed a plea challenging an interim order by the Uttarakhand High Court, which had removed certain respondents from the …

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