Pursuant to the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 (‘SAST'), shares taken by way of encumbrance are treated as an acquisition.

A recent judgment of the Bombay High Court dealing with a dispute regarding Letters of Credit (LOC), sheds valuable light and guidance on the duty of bankers make payment under the credit.

Earlier this month, Mintz Levin’s Housing Practice Group issued an advisory regarding an Appeals Court decision that potentially undermined Chapter 40B by keeping alive an abutter group’s original appeal of a comprehensive permit to construct subsidized housing even though that permit had been later modified by the Housing Appeals Committee (HAC) and the same abutters group had filed a separate appeal of the modified permit.

In Ultra Deep Subsea vs. Hindustan Oil Exploration Company, the Bombay High Court in a well-reasoned judgement unshackled the powers of the Court to order security in the form of a deposit of money...

For many years, securing variances or special exceptions in the City of Philadelphia has required careful dealings with local neighborhood associations.

One of the long-standing issues concerns the power of courts to modify an award in proceedings under Section 34 of the Arbitration and Conciliation Act, 1996 ("Arbitration Act") dealing with applications for setting aside an arbitral award.

Last month Mintz Levin won a victory in Massachusetts Superior Court that promises to have positive repercussions for all academic and religious institutions in Massachusetts who seek to benefit from the land use protections of state law commonly known as the Dover Amendment.

The judgement discusses the legal concepts underlying the expression ‘seat', ‘venue' and ‘place' of arbitration and is a welcome contribution to the law of international arbitration in India.

Bill 139 proposes to replace the Ontario Municipal Board with the Local Planning Appeal Tribunal and fundamentally change the planning regime in Ontario.

Under Pennsylvania law, a member of a tribunal who has an interest in the outcome of a matter before it must recuse or disqualify himself or herself because there is the potential for conflict or bias.

In this matter, Fox’s client (Applicant), represented by Jeffrey M. Hall, applied for a use variance to repurpose a vacant commercial building to create a food preparation and distribution business in Trenton, New Jersey

In rem admiralty proceedings and the insolvency of a ship owner is fraught with tension. The advantage of arresting a ship, which elevates a maritime claimant to the status of a secured creditor,...

The Indian Parliament, in August 2023, passed the Mediation Bill 2023 (Mediation Bill) to promote and facilitate mediation (especially institutional mediation) for amicable resolution of disputes.

In its landmark judgment in Indra Sawhney v. Union of India, a nine judges constitution bench of the Supreme Court of India reminded themselves that...

In our previous bulletin we discussed key benefits and challenges of laneway housing in Canada, focusing on their growth in popularity in the City of Toronto (the "City").

This article summarises the impact of the Amendments to Stamp Act on the debenture market in India.

The newly passed Major Port Authorities Act 2021 ("New Act") attempts to unshackle and empower government owned major ports ("Major Port") from excessive interference and control by...

Justice Chandrachud authored Cox and Kings judgment of the constitution bench of the Supreme Court of India approving the ‘Group of Companies' doctrine, poses difficulties.

The unprecedented upheaval caused by COVID-19 has affected normal performance of contractual duties. Logistical issues, health and safety risks and governmental decreed ‘lock-downs'...

When it comes to municipalities addressing the lack of "affordable housing", the use of inclusionary zoning by-laws, passed pursuant to section 35.2 of the Planning Act, is becoming an important tool in their arsenal.