Setback for Sony: Emergency arbitrator denies any relief in case against Zee Entertainment

Setback for Sony: Emergency arbitrator denies any relief in case against Zee Entertainment

The Emergency Arbitrator has denied Sony’s application against Zee Entertainment in the Singapore International Arbitration Center (SIAC), CNBC-TV 18 reported on Sunday. The arbitrator denied the emergency of the matter, while the arbitration can still go on, the report said, citing sources.  Also read: Zee-Sony fallout: Zee incurred Rs 700-cr cost for merger deal, says report In 2021, … Read more

Zee-Sony merger: Zee may claim damages from Sony if the deal fails at this stage, says report 

Zee-Sony merger: Zee may claim damages from Sony if the deal fails at this stage, says report 

Zee Entertainment Limited (ZEEL) might file a suit against Culver Max Entertainment (Sony India) claiming damages if the much-awaited merger between the two companies fails to go through by January 20, a report said. Top company officials informed Hindu Businessline that Zee was compelled to close down certain lucrative ventures in order to adhere to … Read more