News & Events

  • January 22, 2019

    Repay Holdings, LLC and Thunder Bridge Acquisition, Ltd., a special purpose acquisition company, announced that they have entered into a definitive merger agreement.  Under the terms of the agreement, Thunder Bridge will acquire REPAY and the combined company will continue as a publicly-listed company with an implied enterprise value at closing of approximately $653 million, based on current assumptions.   EG&S acted as counsel to Thunder Bridge.

  • January 15, 2019

    Inpixon announced the closing of its oversubscribed rights offering in the amount of $12,000,000.  EG&S acted as counsel to Maxim Group LLC, the dealer manager for the rights offering.

  • January 09, 2019

    EG&S' Litigation department team is excited to present this Year in Review, highlighting the successes of the Firm’s Litigation Department in 2018.

    Click here to see the review.

  • January 08, 2019

    Amanda M. Fugazy, a member of the Firm, will be speaking at a seminar titled: "2019 Outlook: Navigating the Current Landscape of Complex Hospitality Exposures in Today’s Market."   In light of the #MeToo movement, and increased awareness about sexual harassment in the restaurant industry, organizations must address this issue and protect employees – and themselves. By being proactive you can mitigate the risk of issues in the workplace, and lawsuits and damaged reputations that could follow.

    Click here for more details.

  • December 27, 2018

    Client Alert: Complete New 195.1 Forms for Exempt Employees Hired or Receiving Pay Raises in 2019

    Effective December 31, 2018, the minimum weekly and corresponding yearly salary to qualify for the “administrative” or “executive” overtime exemptions will increase.

    Click here to read the alert.

  • December 27, 2018

    Client Alert: Complete New 195.1 Forms for Non-Exempt Employees Hired or Receiving Pay Raises in 2019

    Beginning December 31, 2018, New York State’s minimum wage rate is set to increase. The applicable increased minimum wage varies based upon where the employee is located and the size of the employer.

    Click here to read the alert.

  • December 27, 2018

    Stellar Acquisition III, Inc. announced that it consummated its business combination with Phunware, Inc. EG&S acted as counsel to Stellar.

  • December 27, 2018

    Puhui Wealth Investment Management Co. Ltd. (Nasdaq: PHCF), announced the closing of its initial public offering in the amount of over $9,000,000.  EG&S acted as counsel to Puhui.

  • December 21, 2018

    SMAAASH Entertainment Inc. announced it has entered into a definitive agreement to combine with NBA Memphis Grizzlies Minority Owner Jed Kaplan’s Simplicity Esports, LLC.  EG&S acted as counsel to Smaaash.

  • December 21, 2018

    Datasea Inc. (NASDAQ) announced the closing of its underwritten public offering in the amount of $5,800,000.  EG&S acted as counsel to Datasea.

  • December 19, 2018

    Douglas S. Ellenoff, a member of the Firm, wrote an article for Crowdfund Insider titled: "A Potential Pathway Forward for U.S. Initial Coin Offerings."

    Click here to read the article.

  • December 19, 2018

    Draper Oakwood Technology Acquisition, Inc. announced the completion of their business combination with Reebonz Limited, a leading online luxury marketplace and platform in the Asia Pacific region based in Singapore.  EG&S acted as counsel to Draper Oakwood.

  • December 17, 2018

    Joanna Cohen, an Associate of the Firm, wrote an article for Total Food Service titled: “Restaurants v. Food Delivery Services: Who’s on the hook?”

    Click here to read the article.

  • December 17, 2018

    Client Alert:  New York City Requires Employers To Handle Accomodation Requests By Engaging In A "Cooperative Dialogue"

    New York City law now requires all most all employers to engage in a “cooperative dialogue” when handling an employee’s reasonable accommodations request.  As you likely know, various disability laws, including the New York City Human Rights Law (“NYCHRL”), require employers to provide reasonable accommodations for covered reasons, unless doing so would create an undue hardship for the employer.

    Click here to read the alert.

  • December 17, 2018

    HedgePath Pharmaceuticals, Inc. entered into an updated supply and license agreement with its majority stockholder, Mayne Pharma, under which Mayne Pharma has committed up to $5 million in new funding for HedgePath.  EG&S acted as counsel to HedgePath.

  • December 13, 2018

    Client Alert: Complete New 195.1 Forms For Your Hourly Restaurant Employees

    New York’s minimum wage is increasing effective December 31, 2018. While the New York Department of Labor promulgates fill-in-the-blank forms, these forms can be confusing and are often filled out incorrectly, which is leading to increased litigation. Accordingly, to assist you in your legal compliance obligations, we have created the form (in both English and Spanish) that restaurant employers should fill out and provide to all non-exempt employees for signature before December 31, 2018.

    Click here to read the alert.

  • December 12, 2018

    CF Finance Acquisition Corp. announced the closing of its initial public offering in the amount of $250,000,000.  EG&S acted as counsel to CF Finance.

  • December 10, 2018

    Client Alert: Minimum Wage Developments in New York 2019

    As 2019 approaches, New York employers must prepare for scheduled minimum wage increases that will take effect December 31, 2018. As in 2018, the applicable increased minimum wage will vary based upon where the employee is located and the size of the employer. 

    Click here to read the alert.

  • December 06, 2018

    Client Alert: Mandatory Labor Law Poster Changes Effective January 2019

    With legal changes comes the obligation to update your required employment posters.  Don’t forget to change your employment posters.  Please click here to see the bulletin from the Society For Human Resource Management.

  • December 06, 2018

    Industrea Acquisition Corp. announced the closing of its business combination with Concrete Pumping Holdings, Inc.  EG&S acted as counsel to B. Riley FBR.

  • December 05, 2018

    Amanda M. Fugazy, a member of the Firm, was named one of the Top Women in Metro New York Foodservice & Hospitality 2019.  Total Food Service has once again dedicated this issue to profiling the impact that women have had on the Tri-State foodservice scene. They have risen to amazing heights and turned the Greater NYC Marketplace into the epicenter of the world’s restaurant and food service industry.

    Click here to read the issue.

  • December 05, 2018

    Valerie Bluth, a member of the Firm, wrote an article for Total Food Service titled "Beware of Hidden (and Not So Hidden) Wage/Hour Pitfalls."

    Click here to read the article.

  • November 21, 2018

    Bill Peterson, a member of the Firm, published a guest article in the NCS Regulatory Compliance November 2018 newsletter looking back after 6 months at the impact of FINCEN’s Enhanced Due Diligence rules for legal entity customers.

    Click here to read the article.

  • November 21, 2018

    Smaaash Entertainment Inc. (f/k/a I-AM Capital Acquisition Company) announced the closing of its SPACquisition with Smaaash Entertainment Private Limited.  EG&S acted as counsel to I-AM Capital and will act as counsel for Smaaash on a going forward basis.

  • November 20, 2018

    Ellenoff Grossman & Schole LLP is happy to announce that David A. Gehn has been appointed the Head of the Firm’s Litigation Department.

    Click here to read the announcement.