News & Events

  • May 09, 2011

    We are pleased to announce that Benjamin S. Reichell has joined our Firm's corporate practice group as Partner.  Prior to joining EG&S, Mr. Reichel was a partner at a number of law firms, including Haynes and Boone, LLP and Olshan Grundman Frome Rosenzweig & Wolosky LLP.

    Click here to view his Announcement

  • May 05, 2011

    57th Street General Acquisition Corp. (OTCBB: SQTC) and Crumbs Holdings LLC, the largest US-based retailer of cupcakes, which operates under the name Crumbs Bake Shop, jointly announced that they have closed on their business combination. EG&S acted as counsel to 57th Street.

  • May 05, 2011

    Jennifer S. Silverman, a member of the Firm, was quoted in the article "Rainmaking Tips for Women: A Primer."  In the article, several women partners share tips on rain making success. It was published in the Winter 2011 issue of The Woman Advocate, a publication of the American Bar Association’s Section of Litigation.

     

    Click here to view the article

  • May 05, 2011

    Four Rivers BioEnergy Inc. agreed to terms of a financing (staged to be funded in two separate tranches) in an amount up to $5,000,000 of Senior Secured Convertible Debentures. EG&S represented the lead investor.

  • May 02, 2011

    Ellenoff Grossman & Schole LLP is pleased to announce that effective May 1st, 2011, the attorneys of Weinstein Smith have joined our Firm.  Please visit our attorney profiles to familiarize yourself with our new colleagues.

  • April 18, 2011

    Global Cornerstone Holdings Limited, a newly-organized blank check company, announced the closing of its initial public offering for gross proceeds of $80,000,000.  EG&S acted as counsel to Global Cornerstone. 

  • April 18, 2011

    SCG Financial Acquisition Corp., a newly-organized blank check company, announced the closing of its initial public offering for gross proceeds of $80,000,000. EG&S acted as counsel to SCG Financial.

  • April 14, 2011

    Ellenoff Grossman & Schole LLP and Weinstein Smith LLP are pleased to announce that the attorneys of Weinstein Smith LLP will be joining Ellenoff Grossman & Schole LLP effective as of May 1, 2011. Weinstein Smith is nationally recognized as one of the leading firms representing investment banks and institutional investors in private equity transactions of all types, including registered direct and confidentially marketed public offerings (CMPO) transactions, PIPES (private investment in public equities) and equity lines of credit, as well as more traditional underwritten public offerings.

    Click here to view the press release

  • April 08, 2011

    Capital Gold Corporation (AMEX:CGC) announced the closing of its $420-million friendly merger with Gammon Gold Inc. (NYSE:GRS). More than 82 percent of Capital Gold’s shareholders voted, of which close to two-thirds voted in favor of the transaction. To close the transaction with Gammon Gold, Capital Gold successfully defended against a hostile takeover attempt by a rival mining company. EG&S acted as counsel to Capital Gold Corporation.

  • March 30, 2011

    AutoChina International Limited announced the completion of their registered direct offering of common stock in the amount of $70,000,000.  EG&S acted as counsel to the Placement Agent.*

     

    *Transaction was closed while members of the Firm were with Weinstein Smith LLP.

  • March 11, 2011

    BioDelivery Sciences International, Inc. (NASDAQ:BDSI) announced the closing of  their $15,000,000 private investment in public equity (PIPE) financing with institutional investors. EG&S acted as counsel to BDSI.
     

  • March 09, 2011

    BioSante Pharmaceuticals, Inc. announced the completion of their registered direct offering of common stock in the amount of $25,146,792.  EG&S acted as counsel to the Placement Agent.*

     

     *Transaction was closed while members of the Firm were with Weinstein Smith LLP.

  • March 01, 2011

    Swisher Hygiene, Inc. announced the acquisition of Choice Environmental Services, Inc., a Fort Lauderdale, Florida based residential and commercial solid waste services company, by way of a statutory merger involving a wholly-owned subsidiary of Swisher Hygiene. Swisher Hygiene contemporaneously concluded a private placement for aggregate gross proceeds of $58,246,875 (Canadian). EG&S acted as counsel to Broadband Capital Management LLC.

  • February 28, 2011

    We are pleased to announce that Asher S. Levitsky has joined our Firm's corporate practice group as Of-Counsel.  He joins the Firm from Sichenzia Ross Friedman Ference LLP.

    Click here to view his Announcement

  • February 18, 2011

    CityRover Media, Inc. announced the launch of a new venture called CityRover Walks. Walks are guided walking tours of New York that help locals and tourists alike discover the real New York and what makes it the greatest city on Earth. The four Walks itineraries are packed with history, trivia, stories of jealousy, murder, fortune, fame, intrigue, risk-taking and rivalry. What sets CityRover Walks apart from other guided tours are rest stops at authentic New York establishments and the option to book a private walking tour accompanied by a professional photographer. CityRover Walks are located at http://cityroverwalks.com/.

    The Firm represented CityRover Media in all aspects of establishing the CityRover Walks venture, including its corporate structure and its plan for conducting and promoting the business online.

  • February 09, 2011

    Greyhound Commissary, Inc. (OTCBB:GHND) consummated a share exchange transaction and concurrent US $7.67 million private placement pursuant to which it acquired the parent company of Guangzhou Tanke Industry Co., Ltd., a PRC government certified high tech company that is engaged in the development, manufacturing and distribution of environmentally-friendly feed additive products. EG&S acted as counsel to Euro Pacific Capital, Inc., the lead placement agent for the private placement.
     

  • February 04, 2011

    SulphCo, Inc. announced the completion of their registered direct offering of common stock in the amount of $2,000,000.  EG&S acted as counsel to the Investor.*

     

    *Transaction was closed while members of the Firm were with Weinstein Smith LLP.

  • January 31, 2011

    Targeted Medical Pharma, Inc. announced the completion of their reverse merger with AFH Acquisition III, Inc.  EG&S acted as counsel to Targeted Medical.

  • January 28, 2011

    EG&S represented The Pyramid Companies in connection with the closing of a $250,000,000 financing from JPMorgan Chase Bank, N.A. encumbering its retail shopping center known as Holyoke Mall at Ingleside, located in Holyoke, Massachusetts. The ten-year, fixed rate financing was structured with mortgage loan and mezzanine loan components. The Pyramid Companies (www.pyramidmg.com) are a privately held developer, owner and manager of innovative retail, entertainment, recreation and tourism centers, including 19 regional shopping centers, across the Northeast corridor.

  • January 26, 2011

    Xsovt, LLC announced their acquisition by RxBids (OTCBB:RXBD) via a concurrent change of control and securities exchange transaction. As a result of the acquisition, effective February 7, 2011, RxBids has changed its name to Xsovt Brands, Inc. and will now be traded on the OTCBB under the symbol XSVT. EG&S acted as counsel to Xsovt.
     

  • January 20, 2011

    Peter J. Guy, Of Counsel to the Firm, recently gave an online presentation entitled "Choice of Business Entity: How Owners Can Limit Taxes and Liability."

    Click here to view the presentation

  • January 18, 2011

    pSivida Corporation has announced the completion of their registered direct offering for common stocks in the amount of $11,050,000.  EG&S acted as counsel to the Placement Agent.*

     

    *Transaction was closed while members of the Firm were with Weinstein Smith LLP.

  • January 14, 2011

    Douglas S. Ellenoff and Stuart Neuhauser, members of the Firm, led a SPAC Webinar which discussed the status of the SPAC market, recent structural changes including the legal impact of the tender offer rules as an alternative to the traditional proxy regime; sponsor ownership; warrant pricing and a look into the impact on foreign private issuer SPACs.

    Click here to view the presentation
     

  • January 13, 2011

    ADVENTRX Pharmaceuticals, Inc. announced the completion of their registered direct offering of common stock in the amount of $22,507,529.  EG&S acted as counsel to the Investor.*

     

    *Transaction was closed while members of the Firm were with Weinstein Smith LLP.

  • January 10, 2011

    57th Street General Acquisition Corp announced that it entered into an agreement to merge with Crumbs Holdings, the NYC cupcake bakery.  EG&S acted as counsel to 57th Street.