Alan Nochumson(L) and Alex Goldberg(R) of Nochumson. Courtesy photos An Overview of Real Estate Laws Introduced in Phila. Over the Past Year
Over the past year, Philadelphia City Council has introduced and, in some cases, passed laws that will dramatically affect the way property owners, real estate developers and investors, and other real estate professionals conduct themselves within city limits.
April 04, 2022 at 12:58 PM
9 minute read
Over the past year, Philadelphia City Council has introduced and, in some cases, passed laws that will dramatically affect the way property owners, real estate developers and investors, and other real estate professionals conduct themselves within city limits.
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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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