Legal Updates

Recent Developments In Foreign Direct Investment Regime In India

By: Advaya Legal. India is likely to be the fastest growing economy in 2018 with growth expected to accelerate to 7.3% year as per the World Bank’s Global Economic Prospects Report, 2018.[1] On top of that, India also significantly improved its ranking in the World Bank’s Ease of Doing Business Index 2018.[2] This positive trajectory can

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A Little Clarity for Non-U.S. Persons Selling Partnership Interests

By: Williams Parker Harrison Dietz & Getzen. The Tax Cuts and Jobs Act provided clarity to a question of how to treat gain or loss from the sale or exchange of a partnership interest held by a foreign person. The IRS, through Revenue Ruling 91-32, previously provided that “the gain realized by a foreign partner upon

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Rich May Client Bickford’s Wins Summary Judgment Award of $170,000 Plus Fees

By: Rich May. On January 11, 2018, the Massachusetts Superior Court issued an Order in Bickford’s, Inc. v. Waltham Ventures, LLC, granting Bickford’s’ Motion for Summary Judgment and awarding it $170,000 plus attorney’s fees and interest while leaving open its claim for multiple damages under MGL Chapter 93A, the Massachusetts Consumer Protection Act. Read more.

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Take Three: In Loco Parentis Revisited for Third Time in a Year

By: Obermayer Rebmann Maxwell & Hippel LLP. In what is becoming one of the hottest topics in Pennsylvania Child Custody Law, in loco parentis took center stage before the Superior Court in the recent case of MJS v. BB v. BB, ___ A.3d ___, 2017 Pa. Super 327 (Oct. 17). This case is one of three cases to address in

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A Victory for the Rule of Law

By: Boase Cohen & Collins. Five months ago, following a high-profile Court of Appeal judgment that brought the jailing of three young pro-democracy activists, I wrote a blog offering a robust defence of Hong Kong’s Judiciary regarding its independence and freedom of decision-making. “Was there political interference in the arrest, prosecution, trial and imprisonment of Alex Chow, Nathan

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New Federal Qualified Opportunity Zone Program

By: Vorys, Sater, Seymour and Pease LLP. As part of federal tax reform, Congress created a new “Qualified Opportunity Zone” program to encourage investment in businesses that are located in low-income communities. Under this program, a taxpayer who recognizes gain on the sale of property (including, for example, investment assets such as stock or other security

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Expansion of the Disability Worker Exclusion Scheme

By: Russell Kennedy. On 1 November 2017, the Victorian Disability Worker Exclusion Scheme was expanded to cover all disability services providers, including NDIS providers that are registered with the Department of Health and Human Services, with a 1 February 2018 deadline for completing all checks on existing disability workers. Read more. The DWES previously only applied

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