Philadelphia

Philadelphia

One of the oldest and most historically significant cities in the United States, Philadelphia is known for its pioneering spirit and ingenuity; it has always been at the forefront of progress. Once the largest city in the U.S. and the nation’s first capital city, The City of Brotherly Love has played a major role in the building of our nation.

Today’s Philadelphia has transformed itself into a thoroughly modern city, thriving in the financial, real estate and legal industries. It is home to major Fortune 500 companies and its own stock exchange. Philadelphia is a leader in the high-tech revolution. Biotechnology and pharmaceuticals are also key industries. And with four medical schools, two dental schools and two pharmacy schools, the city is one of the nation’s health care centers.

With a proud history of lawmakers and a proactive approach, Philadelphia is a culture in which StayLaw feels at home. We guide our clients through a wide range of complex business transactions, including affordable housing financings, brownfields redevelopment, and securitizations for the financial services and real estate sectors.

Our Philadelphia public finance team includes the co-chair of the firm’s national Public Finance Practice, all of the firm’s municipal finance tax attorneys and a large team of attorneys with years of experience in municipal finance. Our real estate attorneys are experienced in traditional real estate development and finance as well as in the area of brownfields redevelopment projects. We represent both for-profit and non-profit developers of affordable rental housing and subsidized for-sale housing through the various stages of financing and development. In addition, our bankruptcy team focuses on business reorganization, corporate work-outs and restructurings, bankruptcy law, loan restructurings, loan documentation, receiverships, restructuring of distressed debt situations and foreclosure litigation.

Our office also includes a sophisticated securities law practice, focused on broker-dealer and 1940 Act issues, along with experienced trial attorneys who regularly represent clients in a broad range of complex litigation, including financial services, securities and NASD, and construction disputes. Our tax team advises on federal and state income, partnership and real estate taxation, as well as on issues regarding municipal finance and various federal tax credits, including low income housing and new market tax credits. Our Labor and Employment Group has represented employers in all aspects of labor and employee relations, as well as in ERISA litigation.

Our clients are industry leaders and include state and local governments, health care providers, colleges and universities, real estate developers, real estate investment trusts, public and closely held companies, registered investment companies, banks, insurance companies, investment banks and Fortune 100 companies, as well as numerous entrepreneurial businesses.

Philadelphia’s rich and profound tradition of service is upheld by our local office members. Our attorneys include a former branch chief of the U.S. Securities and Exchange Commission’s Division of Investment Management and a former federal prosecutor on the Watergate Special Prosecution Force, a former Chair of the City of Philadelphia’s Litigation Group, and a board member of the Public Interest Law Center of Philadelphia.

Our commitment to Philadelphia’s community is also evident in the civic activities of our attorneys, who hold leadership positions or are otherwise actively involved in such organizations as both the Preservation and Housing Alliances of Greater Philadelphia; the Adoption Center of Delaware Valley; City Year Philadelphia; Chabad of the Main Line; Family Services of Montgomery County; Hill Top Preparatory School; Federation Day Care Services; the National Adoption Center; the National Low Income Housing Coalition; Philadelphia Arts & Business Counsel; the Public Interest Law Center of Philadelphia; Samuel S. Fleisher Art Memorial; Temple Emanuel of Cherry Hill and the Urban Land Institute.