Credit: Fokke Baarssen/Adobe Stock. Industry Trends: The Hospitality Sector Is Over COVID, but Economic 'Speed Bump' Lies Ahead
"I don't even think anyone in the industry is worried about COVID anymore," said Ari M. Tenzer, founder of business law firm TA.
November 22, 2022 at 04:02 PM
6 minute read
Hospitality and Lodging
After an unprecedented period of uncertainty brought on by the COVID-19 pandemic, the hospitality industry—South Florida's luxury hospitality sector, in particular—is flourishing.
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Michael G. Bongiorno, Andrew Scott Dulberg and Elizabeth E. Driscoll from Wilmer Cutler Pickering Hale and Dorr have stepped in to represent Symbotic Inc., an A.I.-enabled technology platform that focuses on increasing supply chain efficiency, and other defendants in a pending shareholder derivative lawsuit. The case, filed Oct. 2 in Massachusetts District Court by the Brown Law Firm on behalf of Stephen Austen, accuses certain officers and directors of misleading investors in regard to Symbotic's potential for margin growth by failing to disclose that the company was not equipped to timely deploy its systems or manage expenses through project delays. The case, assigned to U.S. District Judge Nathaniel M. Gorton, is 1:24-cv-12522, Austen v. Cohen et al.
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