As reported on by Law360, midsize law firm Gfeller Laurie LLP went through a growth spurt in October 2021 opening a new Philadelphia office and adding four attorneys to its northeast locations in Philadelphia; West Hartford, Connecticut; and Princeton, New Jersey. Gfeller Laurie launched its Philadelphia office in October at One Liberty Place on Market Street when it welcomed liability attorney Chimdi G. Tuffs to the firm. The Philadelphia market has always been a target for the firm. https://www.law360.com/pulse/connecticut-pulse/articles/1435566/gfeller-laurie-opens-philly-office-adds-attys-in-pa-nj-conn-?nl_pk=7c481884-c22d-4a38-b934-f4be0c78ed3a&utm_source=newsletter&utm_medium=email&utm_campaign=pulse/connecticut-pulse&read_more=1
Condo Association Shifts from Self-management to Professional Outside Help
In a thought leadership article for the Miami Herald which published on November 8, 2021, Vice President Regan Marock with AKAM property management, discusses the trend where condominium communities are transitioning from self-management to third-party professional management. Contributing to this trend is the increasing amount of time required by volunteer Boards, changing resident demographics skewing younger and still working full-time, and the level of education and experience needed to effectively operate the property. After the recent building tragedy in Surfside, more Boards of self-managed communities are making the change, handing over Association responsibilities to a professional management company. https://www.miamiherald.com/news/business/article255568911.html
‘Where’s the Money?’ – How a Miami Real Estate Company Landed a $25 Million Verdict Over Alleged Civil Theft
“When someone makes you try a case, litigate a case, they are telling you you can have this money when you pry it from my cold dead hands. That is what happened here,” said Founding Attorney Scott Dimond of Dimond Kaplan & Rothstein. According to Dimond, it is a rare thing in the world of high-end business court or high-end commercial disputes for you to go from start to finish and get a successful jury outcome. On November 2, 2021, the Daily Business Review reported on the outcome which resulted in a $25.6 million verdict for a Miami company that alleged its non-owner manager liquidated millions of dollars of residential real estate assets while its owner was in jail. https://www.law.com/dailybusinessreview/2021/11/02/wheres-the-money-how-a-miami-real-estate-company-landed-a-25-million-verdict-over-alleged-civil-theft/
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