Civil Law

Is there a tax-friendly method for dividing my mother’s property?

Is there a tax-friendly method for dividing my mother’s property?

The following article was first published in the Mint newspaper on 15th August, 2023. The same was written by our Private Client team at Cyril Amarchand Mangaldas, who frequently publish their comments and opinions in the Mint. The online version of the article can be found here.

My father, my sister and I are the sole legal heirs of my mother’s immoveable property situated in Delhi. My father wishes that the said property or realizable value thereof may be shared equally

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Supreme Court

The morning read for Tuesday, August 15

The morning read for Tuesday, August 15

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Each weekday, we select a short list of news articles, commentary, and other noteworthy links related to the Supreme Court. Here’s the Tuesday morning read:

  • Biden Administration Urges Justices to Hear Cases on Social Media Laws (Adam Liptak, The New York Times)
  • Ex parte McCardle and Congress’s Power over the Court’s Appellate Jurisdiction (Steve Vladeck, One First)
  • Biden administration urges colleges to pursue diversity after Supreme Court ruling (Nate Raymond & Jarrett Renshaw, Reuters)
  • Federal judges question Alabama’s new
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Supreme Court

Justices put Purdue Pharma bankruptcy plan on hold

Justices put Purdue Pharma bankruptcy plan on hold

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The Supreme Court on Thursday put a bankruptcy plan for Purdue Pharma, the manufacturer of the highly addictive opioid painkiller OxyContin, on hold while it reviews a challenge to the legality of the plan, which would shield the Sackler family, the owners of the drug company, from lawsuits. In the brief order the justices agreed to hear oral arguments this December in the Biden administration’s appeal of a lower-court ruling approving the plan. There were no recorded dissents.

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Civil Law

Fires at New York Battery Energy Storage System Facilities Ignite State Response

On July 28, 2023, in response to three separate fires at Battery Energy Storage System (“BESS”) locations in New York, Governor Kathy Hochul announced the creation of an inter-agency fire safety working group.  The Fire Safety Working Group, to be comprised of the Division of Homeland Security and Emergency Services Office of Fire Prevention and Control, New York State Energy Research and Development Authority (NYSERDA), New York State Department of Environmental Conservation, Department of Public Service, and the Department of … Read the rest