By Mainak Mukherjee and Abhishek Bhatra I. Introduction SEBI’s Minimum Public Shareholding (MPS) norm mandates that all listed companies maintain a minimum 25% shareholding in the hands of the public, ie, non-promoters. The primary objective behind implementing this norm was to ensure transparency, public participation, and mitigate susceptibility to market manipulation. However, the MPS regime […]

This post was authored by Amy Lavine, Esq. in Lepper v. Scordinothe Second Circuit Court of Appeals affirmed the dismissal of selective enforcement and class-of-one equal protection claims involving a treehouse that was built without a permit. The court first explained that on a selective enforcement claim, a plaintiff must show that “(1) the person, […]

In this post, Anna Walsh (Partner) and Nicole Ellerby (Associate) in CMS’ medical malpractice team considered the awaited decision from the Supreme Court in the Scottish case of McCulloch and Ors v Forth Valley Health Board [2021] CSHI 21. Overview The appeal of the decision in McCulloch and Ors v Forth Valley Health Board [2021] […]

Donald Trump’s personal valet Walt Nauta is struggling to secure legal representation amid his indictment in the former president’s mishandling of classified documents at his Mar-a-Lago estate. Though Trump was arraigned last month on 37 felony counts in the Mar-a-Lago documents case, Nauta, his co-defendant accused of helping him obstruct government efforts to recover the […]

PARIS, FRANCE – JUNE 29: Demonstrators clash with police after they gather to protest the death of 17-year-old Nahel, who was shot in the chest by police in Nanterre on June 27, in Paris, France on June 29, 2023. The police intervened with tear gas to disperse the protesters. At least 150 protesters have been […]

This post was authored by Amy Lavine, Esq. in Extenet Systems, LLC v. Village of Kings Pointthe Second Circuit Court of Appeals affirmed the denial of eight residents’ motion to intervene in a lawsuit brought by ExteNet against the village for violations of the Telecommunications Act of 1996. The court rejected the residents’ claims that […]

PRESS RELEASE Published July 3, 2023 LOS ANGELES, CA / ACCESSWIRE / July 3, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against GDS Holdings Limited (“GDS” or “the Company”) (NASDAQ:GDS) for violations of §§10(b) and 20( a) of the Securities Exchange Act of […]

WASHINGTON — Former Vice President Mike Pence confirmed that he called former Arizona Gov. Doug Ducey at Donald Trump’s request to discuss the 2020 election results, but insisted that Trump never pressured him to find evidence to back up his unsubstantiated claims of voter fraud. “I did check in, with not only Gov. Ducey, but […]