August 30, 2013 |
Competition for clients in the rough-and-tumble world of personal-injury law in Philadelphia, intense even during the best of times, is getting sharper. And playing out on SEPTA buses near you. Two of the city's better-known players in that space now are locked in a bitter antitrust battle. One firm is accusing the other of using underhanded and illegal tactics to lock up advertising on SEPTA buses, at the Wells Fargo Center, and on KYW radio, among other spots. In a lawsuit filed in federal District Court in Philadelphia, Larry Pitt & Associates, itself a prodigious advertiser, accuses competitor Lundy Law of violating the Sherman Antitrust Act by illegally signing exclusive ad contracts.
January 22, 1987 |
Three of Lower Gwynedd's largest industries made presentations to the township Board of Supervisors Tuesday night opposing an ordinance that would tighten zoning restrictions in commercial and industrial districts. Lawyers for Rohm & Haas, McNeil Pharmaceuticals and Hansen Properties argued that the proposed ordinance was too restrictive and would impair their ability to operate their businesses. The ordinance, which was proposed by Lower Gwynedd zoning officer Joseph Zadlo in November, calls for increased yard setback requirements and more stringent lighting regulations and prohibits businesses from using hazardous chemicals on their property.
October 21, 1987 |
Several local firms and dozens of national companies have moved into the stock market, pumping hundreds of millions of dollars into Wall Street to snap up shares of their own stocks. Some firms are buying back their own shares to take advantage of what they deemed to be bargain prices. Some are buying as a way to bolster confidence in their long-term business prospects. And others are moving into the market defensively, putting more shares into friendly hands and supporting the prices, lest corporate raiders scoop up their suddenly cheaper shares.
November 4, 1986 |
An Atlantic City construction company allegedly used as a "sanctuary" for criminal activities by members of the Scarfo crime family could be seized by New Jersey authorities. Scarf Inc., run by Philip "Crazy Phil" Leonetti, the alleged No. 2 man in the organization led by Nicodemo "Little Nicky" Scarfo, was named in indictments made public yesterday, along with Scarfo, Leonetti and 16 other reputed crime figures. A New Jersey grand jury said Scarf Inc. was used as a "sanctuary for meetings pertaining to the operation, conduct and control" of illegal activities.
June 30, 2011
Two old-line Philadelphia printers, Smith-Edwards-Dunlap Co. and Graphic Arts Inc., said Thursday they have merged their operations and now operate out of the Smith-Edwards-Dunlap plant in Port Richmond. The combined operation has 130 workers and there are no major layoffs planned, said Jonathan Shapiro, president of the merged company. He said combining the companies allowed the printers to benefit from economies of scale and stay in Philadelphia. Each company will continue to sell and market its products under its name.
May 3, 2012 |
Forty-four percent of corporate executives surveyed by Atlas Van Lines believe the economy will improve in 2012, the moving company said Wednesday. Of 360 executives completing the first-quarter survey, 26 percent said their firms plan to relocate more workers this year than last, while 86 percent of companies will spend as much or more on relocation in 2012 than in 2011. After progressively declining over the past two years, 65 percent of firms are offering relocated employees full reimbursement, far more often than lump sum or partial reimbursement, the Atlas survey showed.
August 9, 1987 |
Jack Leonard thinks small, a philosophy that has made a small fortune for him in real estate. His Haddonfield firm, Roney, Vermaat & Leonard, lacks the advertising budget of the Century 21 franchise offices and the thousands of sales agents that Coldwell Banker Real Estate Group boasts coast-to-coast. He doesn't have it, and he doesn't want it. It is by design that this nine-year-old company has only one office. Daydreams here are not about expansion. Why should they be, asked Leonard, noting so far this year his realty's 20 agents have brought home $21 million in sales.
March 3, 1991 |
The accounting profession is under siege, its cash flow battered by economic downturn, its image tarnished by the Laventhol & Horwath collapse. The legal profession is in turmoil, with demand for legal services, particularly in real estate and corporate work, on the wane. Amid such turbulence, some professional firms are busting up. Others have gone belly up. But a handful have chosen a third route: counseling. To save their firms, or keep them from getting into trouble in the first place, they are turning to a new kind of consultant, the consulting psychologist.
January 4, 2012
Resource America Inc., of Philadelphia, has agreed to combine one of its asset management units, Apidos Capital Management L.L.C., with CVC Cordatus Group to form CVC Credit Partners, which will have $7.5 billion in loans and other credit-related assets under management, the two companies said Wednesday. For its contribution of Apidos, which had $5.5 billion in assets under management on Sept. 30, Resource America will receive $25 million in cash and a 33 percent ownership interested in CVC Credit partners.
December 30, 1987 |
For a nonprofit company like Biosciences Information Service (Biosis), it might seem a bit extravagant to invest almost $500 for a booth at the Greater Philadelphia Chamber of Commerce's two-day Operation Native Talent conference. The 60-year-old Philadelphia firm, which employs about 350, is the world's largest abstracting and indexing service for the life sciences, but one of the smallest companies taking part in the annual jobs' fair. The conference, held yesterday and today at the Wyndham Franklin Plaza hotel, brings together more than 6,000 college seniors and recent graduates with about 90 would-be employers.