Arthur "Skip" Jernigan, left, of Jernigan & Copeland in Madison, Mississippi. Michael "Mike" Hurst, right, of Phelps Dunbar, New Orleans. Courtesy photos Attorneys Battle PPP Loan-Forgiveness Woes for Hotel Clients
"We just want what everyone else has gotten," said co-counsel for the hotel groups in the multidistrict litigation.
July 17, 2024 at 04:02 PM
4 minute read
Frustrated by the lack of resolution and the ongoing impact on their operations, six lawsuits have been filed in federal courts across the United States on behalf of more than a dozen hotels and hospitality groups impacted by the COVID-19 crisis.
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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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