Royer Cooper Cohen Braunfeld LLC (RCCB)

As of August 5, 2024, the City of Philadelphia's Office of Property Assessment (OPA) has completed a revaluation of all properties in the city for the 2025 tax year. Assessments for 2025 taxes will be sent out within the next few days. The city's delay in issuing reassessment notices has made it important to proactively manage property taxes. Reviewing assessments early and considering an appeal can help ensure tax liabilities are fair and in line with market conditions. Commercial property owners may want to consider filing appeals due to declining market conditions, which could lead to significant tax savings. RCCB Litigation and Real Estate Partner S. David Fineman has successfully represented some of the largest commercial real estate owners before the Board of Revision of Taxes in Philadelphia and the surrounding counties, achieving significant tax reductions. If you believe your assessment is too high, an appeal might be warranted if your assessment is higher than the actual property value or not uniform with other properties. Reduced taxes can mean significant savings, including lower real estate and use and occupancy taxes. The deadline for filing a tax appeal in Philadelphia is the first Monday in October. For a 2025 assessment, appeals must be filed by October 7, 2024. Plan and file early to avoid last-minute issues. For guidance, reach out to S. David Fineman and take control of your commercial property tax assessments. Contact info: https://bit.ly/3WSf3Q4 #RealEstate #TaxAppeal #CommercialProperty

A federal judge in Pennsylvania recently declined to enter an injunction against the Federal Trade Commission’s (“FTC”) final rule banning employment non-compete agreements (“final rule”). In substance, the final rule bans all non-compete agreements with very limited exception. The decision comes on the heels of a Texas federal court decision, which, unlike the Pennsylvania decision, granted a limited preliminary injunction against enforcement of the final rule applicable only to the moving plaintiff and confined to Texas, i.e., the Texas federal court declined to enter a nationwide injunction. Read the full alert: https://bit.ly/3LQlm0e #Noncompete #FinalRule

RCCB is thrilled to be a Host City Corporate Sponsor of Philadelphia Soccer 2026! We had an amazing time celebrating at the Linc this week and learning about the extensive preparations that are well underway. We are excited to help make FIFA World Cup 2026™ - Canada, Mexico and the United States a massive success for Philly and look forward to welcoming teams, fans, media, and sponsors from around the United States and around the world. Learn more: https://bit.ly/3Yyef3Q #FIFAWorldCup #Philly2026

Read the latest on the DOL's fiduciary rule implementation from our affiliate 3iCO.

We congratulate Gaming and Sports Practice Lead Evan Davis and Sean Brace, Program Director for FOX Sports, on the launch of Behind the Vig, an iHeartMedia podcast series. Check out episode 1-3 now and subscribe for new episodes each Thursday. Behind the Vig: https://ihr.fm/3zCjUvF

RCCB Corporate and Business attorneys Matt Devine and Alex Seldin have authored a new article published in the ImpactPHL Digest. The article focuses on assisting entrepreneurs in deciding whether to opt for a traditional business entity (like a corporation or LLC) or one of the newer, alternative entities (like a benefit corporation). Matthew and Alex explore the pros and cons of benefit corporations, highlighting key considerations to help you make an informed decision. They emphasize that it is not a one-size-fits-all solution and discuss potential challenges, particularly the importance of mission alignment. Whether you’re exploring benefit corporations or other business structures, Matthew and Alex are here to support your journey. Read the full article: https://bit.ly/3A1sLqE #BenefitCorporation #Entrepreneurship #BusinessEntity #Startups #ImpactPHL

RCCB Corporate & Business attorney Matt Devine was a guest speaker for the Technology Leaders of the Delaware Valley, sharing his insights on the growing impact of #crowdfunding in the financial world. In the U.S., crowdfunding has been revolutionizing #capitalraising since 2016, with over 1.3 million active investors using platforms like AngelList and Wefunder. Matt explored how, in the #realestate space, crowdfunding offerings under #RegulationA and #RegulationD have offered developers an alternative source of capital for their project stacks while providing investors with an unparalleled ability to pick and choose which projects they want to invest in quickly and easily from the comfort of their own home.    Matt Devine represents #entrepreneurs and businesses in corporate and commercial matters such as entity formation, corporate governance, financings, and mergers and acquisitions. He also assists issuers in fund formation and capital-raising transactions, including private placements and crowdfunding.    Reach out to Matt to unpack some of the opportunities that exist in this space and learn more about how you can leverage these opportunities to further your business or investment portfolio. Learn more at https://bit.ly/3zQBNa3. 

Need help ensuring your compliance policies and procedures are rock solid? Our affiliate 3iCO is here to help. Read the article below, which serves as a wake-up call for many in the financial industry. Learn more: https://bit.ly/4cKfqBB

Evan Davis, along with Callan Charlesworth, has authored an article published in Casino Reports titled "Better To be Lucky Than Good? The Supreme Court of Pennsylvania Will Take Up Question of What Constitutes “Skill” Gaming." The Supreme Court of Pennsylvania is set to address what really constitutes 'skill' gaming. Are they skill games or just another form of slot machines? Pennsylvania's highest court will decide whether the cash-paying electronic game terminals that are commonplace in convenience stores, bars and elsewhere are unlicensed gambling machines.   Discover the implications for Pennsylvania and beyond, as nearly 70,000 of these machines are in question. Read the full article on CasinoReports.com: https://bit.ly/3Wq3ori   #GamingLaw #SkillGaming #PennsylvaniaSupremeCourt   

We are pleased to share that Partner Donna Tobin and Counsel Nancy Rubner Frandsen have been recognized in WIPR - World IP Review Leaders 2024, a comprehensive collection of leading IP lawyers at the top of their game in over 80 jurisdictions. The WIPR Leaders guide recognizes leading lawyers across the intellectual property sphere, highlighting those with exceptional practice history, industry expertise and notable cases. Click below to view the WIPR Leaders list for 2024! #IntellectualProperty #WIPRLeaders #IP #IPLaw