Wolf Block Schorr and Solis-Cohen LLP
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NEWS AND UPDATES
ABOUT THIS COMPANY:
On March 23, 2008, the partners of WolfBlock voted to dissolve the firm.
According to the press release:
"WolfBlock will remain in the practice of law for several months to protect the interests of its clients, employees and creditors. The decision to unwind was reached in view of a confluence of unfavorable factors: the economic recession, especially in the firm's core real estate practice; the constriction of credit occasioned by the ongoing banking crisis; and the intended and anticipated departure of significant partners and practices."
Founded in 1903, Wolf, Block, Schorr and Solis-Cohen LLP has over 250 attorneys in seven offices, practicing in 18 different areas.In the news
The firm made some new additions in the past year. In June 2002, four litigators, Theodore R. Mann, Barry E. Ungar, Larry H. Spector and Judah I. Labovitz from Mann, Ungar, Spector & Labovitz in Philadelphia joined as partners in the firm's business litigation group. In the Cherry Hill, N.J. office, partner Louis L. Chodoff joined the employment practice. In March 2002, the firm added three new partners: Todd C. Schiltz in the business litigation practice in the Wilmington, Del. Office; Dan A. Schulder in the tax, corporate, real estate and health law practice in the Harrisburg, Penn. Office; and Carren B. Shulman of the business litigation/bankruptcy and reorganization group in the New York office. Along with additions, some folks said adieu as well. In March 2002, former Philadelphia Bar Association Chancellor Lawrence Baccini left the firm for Klehr Harrison. A little more controversial is the resignation of attorney Robert Jacobs, who left the firm in May 2002, after pleading guilty to two federal felony charges for conspiring with former clients to make a fake tax shelter.
In other news, partner Jerome J. Shestack was reelected as counselor and member of the Executive Council of the American Society of International Law (ASIL) in May 2002. Third-year associate Sharif Street ran for the state house of representatives in Philadelphia in 2002. In September 2001, Kenneth Warren, chairman of the firm's environmental law practice group and a partner, was elected vice-chair of the American Bar Association's Section of Environment, Energy, and Resources. In January 2002, the firm opened a government relations subsidiary in Harrisburg. Richard J. Gmerek is president and CEO of the new Wolf Block Government Relations LP.A major deal
In March 2002, Comcast Corporation acquired AT&T Broadband from AT&T Corp. for $47 billion in stock and about $20 billion of the company's debt. Wolf Block has counseled Comcast from its beginnings. Attorneys assisting in this deal include partners John Coogan, Jr., Herbert Henryson II, Mark Kessler, John Schapiro and associates Kevin Andris, Kristi D'Emidio Chase, Jonathan Feinberg, Rebecca Green, Darrick Mix, Michael Plunkett and Elizabeth Ray.Big cases
In April 2002, the firm is representing the Philadelphia Housing Authority in a class-action suit brought by residents who claim the agency violated Philadelphia law on lead paint in housing. Also that month, the firm represented a beer distributor for a breach of contract against one of its exclusive sub-distributors. The sub-distributor was awarded $3.9 million in lost profits. In May 2002, tax partner Jay Goldberg helped representatives of the American Home Products Settlement Trust (Fen-Phen litigation) to find out in medical monitoring benefits are taxable. The IRS has said they are not.
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