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Sebi’s Shift towards the T+0 Settlement System

IP and Legal Filings

Introduction Recently on 28 th March 2024, India’s stock market-initiated T+0 settlement system which is world’s fastest stock settlement system. The same day transaction settlement i.e. T+0 is launched for a select few cash segment stocks. 1] What is T+0 settlement system?

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Alvotech Announces More Settlements and Expected Launch Dates Regarding Biosimilar to STELARA (ustekinumab), AVT04

LexBlog IP

On February 15, Alvotech announced that it reached more settlement agreements with Johnson & Johnson for ATV04, Alvotech’s biosimilar to STELARA (ustekinumab). Alvotech also announced that it expects to launch AVT04 in Q1 2024 in Canada, May 2024 in Japan, and late July 2024 in the European Economic Area.

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Analysis of February 2024 Delhi High Court Judgment in InterDigital v. Oppo – I

SpicyIP

I provided an overview of the 21 February 2024 Delhi High Court judgment in the earlier post. Since parties could not arrive at a settlement, ID initiated patent infringement proceedings against the defendants in UK, Germany and India. The Court envisaged the completion of trial by the end of 2024.

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adult venue's insurer did not successfully exclude ads from ad injury coverage

43(B)log

2024 WL 1285631, C.A. 26, 2024) Defendant, d/b/a Wonderland, operated an adult entertainment club and was one of the many such sued by various models for using their images in advertising without their consent from 2015 to 2019. And the exclusion also withdrew coverage for all related forms of marketing. 21-63-JJM-PAS (D.R.I.

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FTC Prohibits X-Mode Social/Outlogic from Selling Sensitive Location Data

LexBlog IP

” The FTC’s settlement with X-Mode/Outlogic marks its first with a “data broker concerning the collection and sale of sensitive location information.” ” The FTC’s settlement with X-Mode/Outlogic marks its first with a “data broker concerning the collection and sale of sensitive location information.”

Privacy 52
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Breaking Ground: Analysing MCA’s Draft Digital Competition Law Unleashed

IP and Legal Filings

SSDEs must meet financial thresholds over three years: Rs 4000 crore turnover in India, USD 30 billion global turnover, Rs 16000 crore gross merchandise value in India, or USD 75 billion global market capitalization. The Commission may agree to settlement proposals upon payment of specified amounts or other terms.

Law 61
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Year in Review: Top Legal Developments of 2023

LexBlog IP

As we settle into 2024, we reflect on the significant legal developments of 2023 that hold potential impact on the biologics and biosimilars market. That IPR was terminated in August in view of a settlement agreement and before there was any decision on institution. That case is ongoing with a jury trial set for November 2024.