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|LCBO Mark-Up Challenged in Court|
Brian Kells; Perley-Robertson Hill McDougall LLP/s.r.l.;
June 16, 2016, previously published on May 25, 2016In 2015, Toronto Distillery Co., a small craft distiller of spirits such as gin and whisky, launched a court challenge to Ontario’s regulatory regime for on-site sales of spirits by producers.
|Standing, Your New Best Friend|
Scott A. Dienes; Foster, Swift, Collins & Smith, P.C.;
June 16, 2016, previously published on April 28, 2016An applicant is denied approval on a project and sues. Neighbors oppose a new project and sue. Sound familiar?
|FY2017 Massachusetts Budget Update: The Senate Budget|
Steve Baddour, Dan Connelly, Julie Cox, Max Fathy; Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C.;
June 15, 2016, previously published on May 31, 2016The Massachusetts Senate voted unanimously to pass its FY2017 state budget just before midnight on Thursday, May 26. The spending plan, which totals $39.558 billion, spends $60 million more than Governor Baker’s proposal and $50 million more than the House plan approved last month.
|Government’s Decision Not to Charge Phil Mickelson Illustrates Difficulties in Proving Insider Trading Cases Against Tippees|
Douglas H. Fischer, Joseph V. Moreno, Kendra (Clayton) Wharton; Cadwalader, Wickersham & Taft LLP;
June 8, 2016, previously published on May 24, 2016On May 19, 2016, the United States Attorney’s Office for the Southern District of New York and the Securities and Exchange Commission (“SEC”) announced insider trading charges against Las Vegas sports bettor William (“Billy”) Walters and former Dean Foods chairman...
|Credit Default Risk in Latin America: A Regional Outlook|
Robert da Silva Ashley, Maria Luisa Canovas, Marcello Hallake, Pedro A. Jiménez, Javier L. Martínez del Campo; Jones Day;
June 8, 2016, previously published on May 2016In our January 2016 Commentary, “Are You Ready for the Emerging Market Credit Bust?,” we noted that with emerging market debt levels soaring to unprecedented heights and the inevitable cross-border repercussions of defaults, creditors were going to need a well-planned,...
|Vermont Governor Signs Ban the Box Legislation; Connecticut Governor Expected to Sign Such Law|
Tanya A. Bovée, Holly L. Cini, Susan M. Corcoran, Richard I. Greenberg, Anna Matsuo, Martha Van Oot; Jackson Lewis P.C.;
June 3, 2016, previously published on May 6, 2016Vermont Governor Peter Shumlin has made the Green Mountain State the most recent state in the nation to implement statewide “ban the box” legislation. Connecticut may soon follow, once Governor Dannel Malloy signs legislation passed by the state legislature on May 4, 2016.
|Campbell v. Bruce (County), 2016 ONCA 371|
Natalie Kolos, Kevin A. McGivney; Borden Ladner Gervais LLP;
June 2, 2016, previously published on May 19, 2016The Ontario Court of Appeal has upheld the Trial Judge's decision in Campbell v. Bruce (County), 2015 ONSC 230.
|New York: Governor Signs 2016-2017 Budget Bill|
David M. Kall, Susan Millradt McGlone; McDonald Hopkins LLC;
June 2, 2016, previously published on May 4, 2016At the end of March, New York Gov. Cuomo announced that he and lawmakers had reached an agreement on the 2016-17 budget. Holding growth in state spending of $96.2 billion to 2 percent for the sixth year in a row, the budget “includes a number of landmark policies that will strengthen...
|IRS Releases Proposed Regulations Defining a “Political Subdivision” For Purposes of Determining Eligibility to Issue Tax-Exempt Bonds|
Rene Adema Moore, Dee P. Wisor; Butler Snow LLP;
May 26, 2016, previously published on March 1, 2016On February 22, 2016, the Internal Revenue Service (the “IRS”) released proposed treasury regulations (the “Proposed Regulations” ) to provide guidance as to how the IRS intends to prospectively define a “political subdivision” for purposes of allowing political...
|Introduction to Ontario’s Community Hubs Strategic Framework and Action Plan|
Brennan M. Carroll, Webnesh Haile, Nick G. Pasquino; Borden Ladner Gervais LLP;
May 26, 2016, previously published on April 22, 2016 The concept of multiple organizations sharing space and resources is not a new one. Since 2015, however, the Ontario government has expressed a new dedication to fostering these collaborations as a key element of the cost-efficient and effective delivery of services to Ontario's diverse...