Alan Nochumson and Clementa Amazan, Nochumson P.C. Newly Passed Laws in Phila. Affecting Real Estate Developers, Wholesalers
Last month, Philadelphia City Council approved several bills that will have a significant impact on real estate developers and wholesalers. To date, two of the bills have been signed into law by Mayor James Kenney.
January 11, 2021 at 01:55 PM
8 minute read
Last month, Philadelphia City Council approved several bills that will have a significant impact on real estate developers and wholesalers. To date, two of the bills have been signed into law by Mayor James Kenney.
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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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