News & Events

  • June 12, 2019

    Jennifer Silverman, a member of the Firm, will be a panelist in a complimentary breakfast seminar on Tuesday July 16th titled: Is Your Hospitality Business a Target for Cyber Crime?

    Click here to register.

  • June 12, 2019

    Hancock Jaffe Laboratories, Inc. announced the closing of its initial public offering in the amount of $3,900,000.  EG&S acted as counsel to Hancock.

  • June 06, 2019

    Howard J. Berman, a member of the Firm, wrote an article on The Supreme Court's decision dated May 20, 2019, held in Mission Product Holdings, Inc. v. Tempnology, LLC, that the rejection of a trademark license only results in a breach of contract and not in the revocation or termination of the license.  The decision is significant, because there has been a conflict in the lower courts for many years as to the effect of rejection, with some courts adopting a rule that rejection of a trademark license results not only in a breach of the license but in the revocation of the license as well.  Trademark licensees should now be able to continue to use the mark provided they comply with the other terms of the license agreement and non-bankruptcy applicable law.  For trademark licensor companies, the decision will make it more difficult for such entities to restructure their businesses, because they will not be able to reject a burdensome license to sell it to a third party free of the rights of the prior licensee.   

    Read the article here.

  • June 01, 2019

    Ellenoff Grossman & Schole LLP is pleased to announce the addition of 10 new team members to our Intellectual Practice Group.

    Welcome Team!

  • May 29, 2019

    Proficient Alpha Acquisition Corp. announced the closing of its initial public offering in the amount of $100,000,000.  EG&S acted as counsel to Proficient.

  • May 23, 2019

    GX Acquisition Corp. announced the closing of its initial public offering in the amount of $287,500,000.  EG&S acted as counsel to GX.

  • May 09, 2019

    EG&S advised Cowen and Company as dealer manager of a tender offer by a private company that offered cash for all of its outstanding warrants. This was the fifth transaction this year in which EG&S served as counsel to Cowen.

  • May 07, 2019

    It’s the Law! Q&A with Ellenoff Grossman & Schole

    SPACs are a little complex, but if you layer in financial regulations, they can be downright confusing.  Many times I wished I had a lawyer on speed dial just to help make sense of what was going on.  With that in mind, last week Doug Ellenoff and Stuart Neuhauser, from the law firm of Ellenoff Grossman & Schole, kindly made themselves available for any SPAC related questions you’ve all maybe been wondering about and wanted to ask.

    www.spacinsider.com

  • May 01, 2019

    Act II Global Acquisition Corp. announced the completion of its initial public offering in the amount of $300,000,000.  EG&S acted as counsel to Act II.

  • May 01, 2019

    Amanda M. Fugazy, a member of the Firm, was invited by the NYC Bar Association to participate in a live program titled: Opening a Restaurant in New York City: Legal Issue Bootcamp, on Friday May 17th at 9am.

    Click here for more details and to register.

  • April 30, 2019

    EG&S advised Cowen and Company as dealer manager of a public exchange offer by International Money Express, Inc. (Intermex), in which Intermex offered new common shares and cash in exchange for its outstanding warrants.

  • April 29, 2019

    Wah Fu Education Group Limited announced the closing of its initial public offering of 1,181,033 ordinary shares at a public offering price of $5.00 per share, generating total gross proceeds of approximately $5.9 million.  EG&S acted as U.S. legal counsel to Wah Fu.

  • April 29, 2019

    Client Alert: New York City's New Workplace Lactation Room and Accomodation Requirements

    New York City employers have long been required to provide reasonable break time during which breastfeeding employees could express breast milk and “make reasonable efforts” to provide a room or other location, other than a restroom, to express milk in private. 

    Click here to read the alert.

  • April 25, 2019

    Client Alert: New York City Issues Guidance On Hair Discrimination

    The New York City Commission on Human Rights recently issued enforcement guidance that specifically prohibits race discrimination on the basis of hair. The guidance specifically prohibits anti-black racism based on characteristics and cultural practices associated with being Black, including prohibitions on natural hair or hairstyles most closely associated with Black people.

    Click here to read the alert.

  • April 24, 2019

    Client Alert: New York City Adopts New Rules On Gender Identity Discrimination

    The New York City Commission on Human Rights recently began enforcing new rules establishing broadened protections against discrimination based on gender identity and expression

    Click here to read the alert.

  • April 11, 2019

    B. Riley Principal Merger Corp. announced the closing of its initial public offering in the amount of $125,000,000.  EG&S acted as counsel to the underwriter.

  • April 10, 2019

    23 Restaurant Holdings, LLC, which operates restaurants under the licensed brand “Ford’s Garage”, has been conducting a multi-closing, $30,000,000 - maximum Regulation D capital raising on M-Vest, the online platform that is a division of Maxim Group LLC. EGS is acting as counsel to Maxim Group, LLC.

  • April 04, 2019

    Powerbridge Technologies Co., Ltd. announced the closing of its initial public offering in the amount of $8,750,000.  EG&S acted as counsel to the underwrites Maxim Group LLC and The Benchmark Company, LLC.

  • March 22, 2019

    Insurance Acquisition Corp. announced the closing of its iniital public offering in the amount of $150,650,000.  EG&S acted as counsel to the underwriter.

  • March 21, 2019

    The owner of a 665+ key hotel in Manhattan closed on a $200 Million permanent mortgage loan from Wells Fargo Bank (taking out expiring senior and mezzanine construction loan debt) . The EGS Real Estate Group led by partner Michael Dinowitz and colleagues Melanie Chieu, Michelle Greenberg and Socrates Xanthopoulos represented the owner/borrower in this transaction.

  • March 19, 2019

    Biocept, Inc. announced the closing of a registered direct offering and concurrent private placement for gross proceeds of approximately $8,200,000. EG&S acted as counsel to Maxim Group LLC, the lead placement agent in the transaction.

  • March 14, 2019

    Trine Acquisition Corp. announced the closing of its initial public offering in the amount of $261,000,000.  EG&S acted as counsel to Trine.

  • March 13, 2019

    Amanda M. Fugazy, a member of the Firm, will participate in a seminar on April 9, 2019 titled: Hospitality Seminar: What’s Trending in Wage and Hour Claims - Identifying Common Violations and Implementing Best Practices to Avoid Future Losses.  The seminar will discuss wage and hour claims (which are rapidly increasing for hospitality employers and can be triggered by any number of complaints), including pay discrepancies and employee misclassifications.  And much more.

    Click here to register.

  • March 08, 2019

    Hemispherx Biopharma, Inc. announced the closing of a fully marketed rights offering of units consisting of shares of Series B Convertible Preferred Stock and warrants for gross proceeds of approximately $5,300,000. EG&S acted as counsel to Maxim Group LLC, the dealer manager in the transaction.

  • March 07, 2019

    OurCrowd, one of the largest investment crowdfunding platform in the world, and the largest in Israel, has topped $1 billion in funding raised. The online investment platform has provided growth capital to 170 individual firms and 18 different funds in the six years since the platform launch.  Alongside the milestone funding amount, OurCrowd has reported 29 separate exits for firms that have raised capital via their site.  EG&S continues to serve as counsel to OurCrowd.