News & Events

  • May 23, 2018

    Amanda M. Fugazy, a member of the Firrm, spoke at the American Arbitration Association, New York Law School and Cornell Scheinman Institute Conference on the Supreme Court’s recent decision, Epic Systems Corp. v. Lewis, which allows employers to mandate class action waivers in arbitration agreements. 

  • May 22, 2018

    BioDelivery Sciences International, Inc. closed a $50 million registered direct offering of preferred stock, and concurrently amended its senior secured loan facility and closed an agreement with the offering's lead investor to reconstitute the company's Board of Directors.  EG&S served as counsel to the company.

  • May 17, 2018

    Trinity Merger Corp., a special purpose acquisition vehicle led by seasoned real estate investment professionals Lee S. Neibart and Sean A. Hehir, announced the closing of its initial public offering in the amount of $345,000,000. EG&S acted as counsel to the underwriter, B. Riley FBR, Inc.

  • May 04, 2018

    Richard P. Kaye and Stephania C. Sanon wrote an article for Total Food Service titled: Understanding The Realities Of The ADA And Your Website.  Website accessibility is a hot topic right now which means you should be checking if your website is compliant with Title III of the Americans with Disabilities Act (ADA). If your website is not accessible to individuals with disabilities, you might get slapped with an unwanted and expensive lawsuit.

    Click here to read the full article.

  • April 26, 2018

    Valeritas Holdings, Inc. announced the closing of their Underwritten offering in the amount of $22,146,750.  EG&S acted as counsel to the Underwriter.

  • April 24, 2018

    EG&S successfully completed the registration of another Crowdfunding Portal under Regulation Crowdfunding [with the Securities and Exchange Commission and the Financial Industry Regulatory Authority.]  Our Crowdfunding Practice Group has successfully registered  8 crowdfunding portals, including the only two non-resident portals and several leading portals.

  • April 24, 2018

    Inpixon announced the closing of their Registered Direct offering in the amount of $10,115,000.  EG&S acted as counsel to the Placement Agent.

  • April 17, 2018

    Amanda M. Fugazy, a member of the Firm, has been selected by the US District Court for the Southern District of New York to participate as an Expert in its program Mediation Myth Busters: Mediators vs. the Experts on the Fair Labor Standards Act.   The program is scheduled to take place on April 25, 2018, and is a game show format training session for federal court mediators.

  • April 09, 2018

    The OLB Group, Inc., through newly formed subsidiaries, purchased substantially all of the assets of Excel Corporation and its subsidiaries in a foreclosure sale for $12,500,000, which was financed through a secured term loan made by GACP Finance Co., LLC.  EG&S served as counsel to The OLB Group.

  • April 09, 2018

    MannKind Corporation announced the closing of their Registered Direct offering in the amount of $28,000,000.  EG&S acted as counsel to the Placement Agent.

  • April 09, 2018

    Real Goods Solar, Inc. announced the closing of their PIPE offering in the amount of $5,000,000.  EG&S acted as counsel to the Placement Agent.

  • April 06, 2018

    Amanda M. Fugazy, a member of the Firm, wrote an article titled "Restaurant Assistant Managers and Sous Chefs Lawsuits Are On The Rise."

    Click here to read the full article.

  • April 06, 2018

    Amanda M. Fugazy, a member of the Firm, has been invited to present #TimesUp: Learning From #MeToo And Building An Anti-Harassment Practice For Your Organization at the Humentum/Inside NGO 2018 Annual Conference, occurring in Washington DC on July 25-27

  • April 05, 2018

    DMGT (a subsidiary of Daily Mail and General Trust Plc) has signed an agreement to sell EDR, a leading provider of real estate data and software-as-a-service, to Silver Lake and Battery Ventures for $205,000,000.  EG&S served as employee benefits/executive compensation counsel to DMGT.

  • April 03, 2018

    ReShape Lifesciences Inc. announced the closing of their Registered Direct offering in the amount of $6,000,000.  EG&S acted as counsel to the Placement Agent.

  • March 26, 2018

    M III Acquisition Corp., a special purpose acquisition company, announced the closing of its merger with IEA Services LLC.  EG&S acted as special SPAC counsel to M III.

  • March 21, 2018

    Senmiao Technology Limited announced the closing of its initial public offering in the amount of $12,000,000.  EG&S acted as issuer's legal counsel to Senmiao.

  • March 21, 2018

    Arcadia Biosciences, Inc. announced the closing of their PIPE in the amount of $10,000,000.  EG&S acted as counsel to the Placement Agent.

  • March 20, 2018

    Golden Bull Limited, a China-based P2P company, announced the pricing of its initial public offering and its listing on the Nasdaq Capital Market.  EG&S acted as counsel to Golden Bull.

  • March 20, 2018

    Allen Schole and Robert Sakosky, members of the Firm, authored an article for Total Food Service’s 2018 issue titled "Streamlining The Occupancy Process at Innovative City Marketplace." 

    Click here to read the article.

  • March 20, 2018

    Tiberius Acquisition Corporation announced the completion of its initial public offering in the amount of $150,000,000.  EG&S acted as counsel to Tiberius.

  • March 16, 2018

    Ecoark Holdings, Inc. (to be renamed Zest Technologies, Inc.), announced that it has entered into definitive agreements with certain institutional investors for a registered direct offering in the amount of $4,200,000.  EG&S acted as counsel to  Maxim Group LLC , the lead placement agent for the offering.

  • March 14, 2018

    The Supreme Court in a unanimous decision, which sharply limits the scope of the safe harbor defense to certain avoidance actions, held on February 27, 2018, that payments made to a shareholder as part of a stock buyout through two financial institutions do not qualify for safe harbor protection under 11 U.S.C. §546(e), because the shareholder who received the payment was not a covered party, such as a financial institution or stockbroker. 

    Click here to read the full alert.

  • March 05, 2018

    Smith Micro Software Inc. announced the closing of their PIPE offering in the amount of $5,000,000.  EG&S acted as counsel to the Placement Agent.

  • February 27, 2018

    David A. Gehn and Matthew B. Baum, members of the Firm, successfully defended eight former Morgan Stanley employees against a Motion for Temporary Restraining Order and Preliminary Injunction filed in the U.S. District Court for the Eastern District of Michigan.  After EGS attorneys submitted their opposition papers, Morgan Stanley withdrew its motion. 

    Click here for more details.