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Top 10 Litigation, Mediation & Arbitration Headlines from Asia Pacific

Ciba Inc. in a move against Sequent [Ciba Inc. & Anr. v. Sequent Scientific Ltd & Ors. Notice of Motion No.3472 OF 2009 in Suit No.2501 of 2009] alleged them for breach of confidentiality before the High Court of Bombay.
As a result of external pressures and to meet its own economic objectives, China has been moving its intellectual property rights (IPR) regime closer to those found in many more developed nations.
There has been a lot of discussion recently on the impact of the judgment of the Supreme Court of India in the case of Venture Global Engineering Vs. Satyam Computer Services Ltd. and Another delivered in January 2008 (“Satyam Case”).
The next step will be to see whether an Australian plaintiff will succeed in recovering damages for "wasted time".
On 23 October 2009 Harrison AJ in the Supreme Court of New South Wales handed down a decision setting aside the originating process filed by the plaintiffs because it was not served within the time prescribed by the Court rules.
The Indian law of arbitration is contained in the Arbitration and Conciliation Act 1996 (Act).
What, if any, are the legal requirements of an arbitration agreement under the laws of India?
Arbitration clauses (or other alternative dispute resolution clauses) are absent in a disturbing number of agreements.
For those who are potentially exposed to GFC-related litigation, now is the time to get litigation-ready. Decisions made today will affect how their litigation plays out in six months' time.
Litigation funders must now be very cautious in proceeding with any funding schemes they currently are operating.
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