News & Events

  • February 23, 2009

    On January 27, 2009, ChinaGrowth South Acquisition Corporation, a $40 million SPAC, completed the acquisition of Olympia Media Holdings (OMH).  EG&S acted as counsel to Morgan Joseph, which served as an advisor in the transaction.

  • February 23, 2009

    On October 30, 2008, Heckman Corporation announced that Heckman stockholders approved the proposed merger with China Water and Drinks Inc.  EG&S acted as counsel to Roth Capital Advisors, which was one of the original underwriters.

  • January 22, 2009

    Sanders Morris Harris Group announced that it has entered into a definitive agreement for the sale of SMH Capital, a registered broker-dealer, to a group of the firm's management, along with Pan Asia China Commerce Corp (“PAC3”), which has agreed to provide financing for the transaction.  EG&S acted as counsel to the management and sponsors of the MBO.  

  • January 19, 2009

    A group of private investors acquired control of Integrated Conveyor, Ltd. and provided capital to restructure the obligations of the company.  EG&S acted as counsel to the private investors.

  • January 17, 2009

    Knob Hill Partners, LLC, a search fund led by Charles Burckmyer and Scott Noll, announced today that it has held the final closing on its fund and commenced its nationwide search for a company to acquire.

  • January 15, 2009

    Irwin Weltz, a member of the Firm, recently resolved an SEC deregistration proceeding on behalf of an issuer (see Securities Exchange Act Release Numbers 59256 and 59257), and a FINRA matter involving financial/operational issues on behalf of a broker-dealer and associated person.

  • January 14, 2009

    Douglas S. Ellenoff, a member of the Firm, was invited by Morgan Stanley to be the keynote speaker at a private roundtable discussion of many of the major institutional investors which participate in the SPAC industry to discuss the current and relevant issues and risks involving trading in SPAC securities.

  • December 30, 2008

    Control Building Services, Inc. and certain of it's affiliated companies, announced the completion of a $20,000,000 line of credit facility with TD Bank, N.A.  EG&S represented Control Services.

  • December 09, 2008

    Douglas S. Ellenoff, a member of the Firm, wrote an article for EQUITIES Magazine on SPAC trust funds and where they stand during these difficult times.

    Click here to view the article

  • December 04, 2008

    Douglas S. Ellenoff and Stuart Neuhauser, members of the Firm, were invited to speak on a panel regarding SPACs held in Toronto, Canada. The conference, which was sponsored by the law firm Fasken Martineau DuMoulin LLP,  brought together investors, investment bankers, advisers as well as senior executives of the Toronto Stock Exchange (TSX), to discuss the recent proposal of the TSX to agree to list SPACs on its exchange. Messrs. Ellenoff and Neuhauser shared with the panel their collective experience of the US SPAC market and the various changes/trends over the last few years. 

  • December 01, 2008

    Entertaining at Home, Inc. closed a financing of convertible preferred stock with a strategic investor in the amount of $960,000. EG&S acted as counsel to Entertaining at Home.

  • November 03, 2008

    Barry I. Grossman, a member of the Firm, was invited to speak at the Korea Foreign Investment Forum 2008 in Seoul, Korea.  He led the panel on SPACs.

  • October 17, 2008

    Douglas S. Ellenoff, a member of the Firm, wrote an article for EQUITIES Magazine on whether a SPAC market still exists.

    Click  here to view the article

  • October 08, 2008

    Douglas S. Ellenoff, a member of the Firm, was invited by Maxim Group LLC to participate in their "Recipe for a Successful SPAC" Panel at their 2nd Annual Growth Conference.  This one-day event featured more than 80 presentations across six designated tracks from a diverse selection of both domestic and international companies.

  • September 30, 2008

    United Insurance Holding Corp. (OTCBB: FMGQ; FMGQW; FMGQU) (“United” or the “Company”), an underwriter of homeowners and selected small business insurance in the state of Florida, announced that it has successfully completed its merger with FMG Acquisition Corp. in a transaction with an enterprise value in excess of $100 million.  EG&S acted as counsel to FMG Acquisition Corp.  

  • September 18, 2008

    Barry I. Grossman and Lawrence A. Rosenbloom, members of the Firm, were invited by Merriman Curhan Ford to lead their SPAC panel - "Spacquisition: Latest Trends in Getting Your SPAC Deal Done" at their 5th Annual Investor Summit Conference in San Francisco.

  • September 18, 2008

    Ellenoff Grossman & Schole LLP is pleased to announce it's participation in EQUITIES Magazine's Third Annual MarketSide Conference on October 10, 2008. 

    Click here for more details 

  • September 09, 2008

    Densen Equipment Ltd. announced the completion of their reverse merger/share exchange with Royaltech Corp. (OTCBB:RYLT).  EG&S was counsel to Densen and is ongoing 34 Act counsel to the public company.

  • September 04, 2008

    Douglas S. Ellenoff, a member of the Firm, wrote an article for EQUITIES Magazine on Facilitating a Business Combination.

    Click here to view the article

  • August 15, 2008

    An undisclosed principal has entered in to a joint venture agreement for the acquisition and development of an assemblage of properties on the West Side of Manhattan for the amount of $62,000,000.  EG&S acted as counsel to the principal member of the joint venture. 

  • August 15, 2008

    Chardan 2008 China Acquisition Corp. announced the closing of its initial public offering in the amount of $55,000,000.  Chardan will be the first Nasdaq listed SPAC.  EG&S acted as counsel to the underwriters.

  • August 14, 2008

    Enhance Skin Products Inc. announced the closing of their PIPE deal (amount undisclosed).  EG&S acted as counsel to Enhance.

  • August 14, 2008

    Zeezoo Software Corp. announced their asset purchase agreement between Zeezoo and Enhance Skin Products Inc.  EG&S acted as counsel to Enhance.

  • July 25, 2008

    The SEC approved the rules proposed by the Nasdaq Stock Market for SPAC listing applications.

    Click here to view the our Client Alert on the new rules

  • July 23, 2008

    PIPEs Scorecard - Industry Rankings for Mid 2008

    Click here to view the rankings