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Hertz Investor Sues Board, CEO In Del. Over Restatements

May 31, 2018


A Hertz Global Holdings Inc. investor has sued the rental company’s directors, CEO and former CEO in Delaware’s Chancery Court, seeking…

3rd Circ. Won’t Revisit Citgo’s $100M Oil Spill Liability

May 31, 2018


The Third Circuit declined Wednesday to revisit a decision that made three Citgo units liable for most of a $100 million-plus oil…

Big Fox shareholder urges Rupert Murdoch to overlook his self interest and consider Comcast cash deal

May 25, 2018

The Philadelphia Inquirer

Warning of conflicts of interest within the Murdoch family, a U.K. hedge fund with $5.3 billion in 21st Century Fox…

The Business Corporation Law: A Primer

May 17, 2018

The Cooperator

In New York State, cooperative corporations are governed by the New York Business Corporation Law (BCL), a piece of legislation…

What to Do When Workplace Relationships Lead to Harassment

May 15, 2018


Sexual harassment prevention and response are hot topics right now, but HR professionals may still be wondering how to navigate…

It’s the Law: Post a Sexual Harassment Policy

May 11, 2018

Co-ops and condos now have yet another rule to follow. Mayor Bill de Blasio has signed a package of 11 bills designed…

Employment Pro Rejoins Montgomery McCracken From LeClairRyan

May 3, 2018

Montgomery McCracken Walker & Rhoads has re-recruited another lawyer in its labor and employment practice, taking partner Carmon Popler from LeClairRyan. Popler…

Paper Vs. Electronic Records: What’s Acceptable and When?

April 25, 2018

The Cooperator

The trend today is toward a paperless world.  Electronic record keeping can reduce costs overall by eliminating the need for…

There’s No Such Thing as a Cheap Harassment Suit

April 17, 2018

Habitat Magazine

While the headlines about the latest sexual harassment claims may go to big names in Hollywood, Washington, and Silicon Valley, co-op and…

Q&A: Question About the Value of Shares After a Cooperator Dies

April 16, 2018

The Cooperator

Montgomery McCracken partner Andrew P. Brucker was featured in The Cooperator’s April Q&A column. Q. My brother passed away in August of last year. He…

Can a Board Decline an Apartment Sale Over a Low Price?

April 12, 2018

The Cooperator

Several Factors Determine Whether or Not a Transaction Goes Through The power of a co-op board to approve or reject…

CRE Questions Unanswered In Treasury Guidance On New Business Interest Deduction Limit

April 11, 2018

The notice does provide some helpful guidance to C Corporations but there are still unanswered questions about commercial real estate…

From life in prison to parole in May: Philly juvenile lifer hopes for secondchance

April 9, 2018

Metro US - Philadelphia

One of Philadelphia’s juvenile lifers is hoping to return to work as a barber. Philadelphia man Michael Holmes, 46, has…

Confidentiality of Board Discussions: How Much Is Protected?

April 5, 2018

The Cooperator

Are There Limits to How Much Community Members Can Expect to Know? Living in a co-op or condo community is…

Why You Need a Harassment Policy Right Now

April 3, 2018

Habitat Magazine

Sexual harassment charges seem to be everywhere – from Hollywood to Washington to Las Vegas casinos. Yet the vast majority…

3rd Circuit adds to Citgo’s bill for 2004 oil spill near Philadelphia

March 29, 2018


A federal appeals court on Thursday added to the $120 million in damages that Citgo must pay for cleanup costs…

3rd Circ. Ups Citgo’s Tab In Fight Over $100M Spill Judgment

March 29, 2018


The Third Circuit handed down a precedential opinion Thursday that saddled three Citgo units with the lion’s share of liability for a…

Bill Cosby’s fate could turn on a pivotal court decision expected next week

March 2, 2018

ABC News

The Pennsylvania judge at the center of the criminal retrial of comedian Bill Cosby on sexual assault charges could rule as soon as early…

ABA Young Lawyers Division Business Law Committee – Member Spotlight on Ernest D. Holtzheimer

February 28, 2018

ABA Young Lawyers Division Business Law Committee (February 2018 issue)

Montgomery McCracken attorney Ernest D. Holtzheimer was recently featured in the ABA Young Lawyers Division Business Law Committee’s Member Spotlight….

Pa. Ruling May Spur More Class Suits Against In-State Cos.

February 23, 2018


In the wake of a recent Pennsylvania Supreme Court finding that nonresidents can sue Pennsylvania businesses over out-of-state transactions under the state’s…