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In a decision that could reshape how property rights are valued in Pennsylvania, the Pennsylvania Supreme Court ruled in Pignetti v. Pennsylvania Department of Transportation, 2025 Pa. LEXIS 597 (Apr. 25, 2025), that property owners may receive just compensation for noncontiguous parcels taken by the government — so long as those parcels were functionally unified.
In a closely divided opinion, the Supreme Court interpreted Pennsylvania’s Eminent Domain Code, 26 Pa. C.S. Section 101 et seq., to allow grouped valuation of separate properties when used together for a common purpose. The ruling marks a significant shift in how courts may assess the impact of takings on complex property holdings, especially in cases involving commercial or agricultural operations spread across multiple tracts.
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There is no efficient market for the sale of bankruptcy assets. Inefficient markets yield a transactional drag, potentially dampening the ability of debtors and trustees to maximize value for creditors. This article identifies ways in which investors may more easily discover bankruptcy asset sales.
A federal district court in Miami, FL, has ruled that former National Basketball Association star Shaquille O'Neal will have to face a lawsuit over his promotion of unregistered securities in the form of cryptocurrency tokens and that he was a "seller" of these unregistered securities.
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In recent years, there has been a growing number of dry cleaners claiming to be "organic," "green," or "eco-friendly." While that may be true with respect to some, many dry cleaners continue to use a cleaning method involving the use of a solvent called perchloroethylene, commonly known as perc. And, there seems to be an increasing number of lawsuits stemming from environmental problems associated with historic dry cleaning operations utilizing this chemical.