Larry Spector

Larry Spector P.C. 410 South 6th St.
Philadelphia, PA 19147   215 264 0700
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Larry SpectorEmployment litigation
Disputes over termination for cause or other terms of employment;  injunction matters to enforce post employment restrictive covenants prohibiting trading of Dow Index futures or use of statistical arbitrage; defense of wife to prevent  application to her of husband’s post sale restrictive covenant; defense of  employers in sex  and age discrimination cases;
E.g.: Fishkin v Susquehanna Partners, GP, 2:03-cv-02766 (E.D. Pa.), 08-3100 (3d Cir.).

Insurance and bankruptcy litigation
Representation of multi-national casualty insurance company in bankruptcy proceedings of its insureds
Representation of employers and liability insurers involving challenges to amounts incurred in handling   workers compensation claims
Representation of  bankruptcy trustee against debtor’s former officers, directors, and counsel for breach of fiduciary duty.
Representation of state insurance commissioner pursuing fraudulent conveyance and preference actions in insurers liquidation proceedings

Tax litigation
Representation of Liberty Place tower and retail shops in largest real estate transfer tax   litigation in Pennsylvania history; representation of former limited partner refusing to reimburse purchaser of partnership assets for advancing his state income tax payments  on partnership pre-acquisition income
E.g.: Kramont Operating Partnership , LP  v. Levy, 2-07-cv-01430 (E.D. Pa. 2008), 08-3690 (3d Cir. 2009).
Securities litigation
Representing plaintiffs  and defendants in securities fraud class action matters regarding private placement memoranda, SEC filings, tax opinion letters, audit issues and feasibility studies.
E.g.: Herskowitz v. Nutri/System, 857 F. 2d 179 (3d Cir. 1988);   Sharp v. Coopers & Lybrand, 649 F. 2d 175 (3d Cir. 1981); In Re Bexar County Health Facility Development Corp. Securities Litigation, 130 F.R. D. 602 (E.D.Pa. 1990); In re New York City Shoes Litigation, 1989 U.S. Dist LEXIS 6346 (E.D.Pa.).

Successor liability litigation
Establishing liability of buyer of debtor's assets liable for the debtor's liabilities on fraudulent conveyance, mere continuation or de facto merger theories.
E.g.:  Asousa Partnership v. Pinnacle Foods, Inc., Bankr. E.D. Pa., Bankruptcy Case No. 01-12295.

Antitrust litigation
Representing  plaintiffs and defendants in challenges to restraints of trade or price discrimination involving electronic bond trading, professional association regulation of general practitioner dentists, cast iron boilers, municipal roofing contracts, marine shipping containers and auction bidding processes.
E.g.: Intervest Inc. v. Bloomberg LP, 340 F.3d 144 (3d Cir. 2003); S. Kane & Son, Inc. v. W.R. Grace & Co., 857 F.2d 1464 (3d Cir. 1988); Sitkin Smelting & Refining Co. v. FMC Corp., 575 F. 2d 440 (3d Cir. 1978); Intervest Financial Services v. SG Cowen Securities, Corp, 206 F. Supp 2d 702 (E.D. Pa. 2002); Peerless Heater Co. v. Mestek, Inc., 2000 WL 637082 (E.D.Pa. 2000); Worldwide Marine Trading Corporation v. Marine Transport Service Corp., 545 F. Supp. 156 (E.D. Pa. 1982); United States Dental Institute v. American Association of Orthodontists, 396 F.Supp 565 (N.D. Ill. 1975).

Unfair competition and trade secret litigation
Representing plaintiffs enjoining Lanham Act violation for use of confusing company name; representation of corporate officers defending trade disparagement claims; representation of public bio-pharmaceutical company in obtaining injunctive relief in trade secret, restrictive covenant and computer abuse litigation relating to genetic research
E.g.: Analytic Recruiting Inc. v Analytic Resources LLP, 165 F. Supp. 2d 499 (E.D. Pa 2001);  Peerless Heater Co. v. Mestek, Inc., 2000 WL 637082 (E.D.Pa. 2000).

Other representative cases
Class action representation against Retirement Community for breach of Residence and Care Agreement, disclosure violations and consumer fraud
Representation of synagogue and private schools as intervenors opposing casino licensure in their neighborhood
Representation of consumer products distributor against building product manufacturer for breach of warranty
Representation of residents negotiating Neighborhood Development Agreement with Developer; and on appeals of zoning variances
Litigation of commercial lease dispute -- alleged inadequate notice of termination  
Representation of neighborhood associations in negotiating development agreement with developer
Defense of scientist refusing to enter a definitive commercialization agreement with pharmaceutical company after signing letter of intent
Representation of architect partner in business divorce from his partner
Representation of hotel owner in breach of contract and RICO action against management company.  Korman v Trusthouse Forte, LLP, 1991 WL 3481 (E.D. Pa. 1991)
Representation of manufacturer of photo developing equipment defending product defect claims
Representation of public company in business divorce with partner in foundry operation and resolution of cost accounting and product defect issues;
Representation of shareholder's estate seeking 1/3 share of $100MM post death sales proceeds of closely held company from two co-shareholders;
Representation of member firm of Philadelphia Stock Exchange for violation of Exchange rules by other member firms.

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