Credit: Gabriel/AdobeStock UK General Election: Lawyers' Attention Turns to Labour's Tax Agenda
More than anything, lawyers want to avoid a hung parliament.
May 28, 2024 at 07:23 AM
4 minute read
Many British lawyers were as surprised as their clients when U.K. Prime Minister Rishi Sunak called a July 4 general election, an earlier-than-expected vote that could alter the tax landscape with the first change of government in more than a decade.
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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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