Posts
March 18 2021
Client Alert: NYSDOL Correspondence Regarding 2020 WARN Notices
Several employers have received an email from the New York State Department of Labor (“NYSDOL”) related to WARN notices that were sent in 2020 after Governor Cuomo declared a disaster emergency for the State of New York due to COVID-19. In providing such notices, many employers relied upon the unforeseeable business circumstances exception under NY WARN.
Click here to read the alert.
March 17 2021
Athena Technology Acquisition Corp announced the closing of its initial public offering in the amount of $250,000,000. EGS acted as counsel to Athena Technology Acquisition Corp.
March 17 2021
Client Alert: Steps You Should Take Now To Prepare To Apply For A Restaurant Revitalization Fund Grant
As discussed in our March 12, 2021 Client Alert, the recent stimulus earmarks a $28.6 billion Restaurant Revitalization Fund to assist struggling restaurants, bars, caterers, breweries, tasting rooms, food trucks, and groups with 20 or fewer locations (“Restaurants”).
Click here to read the alert.
March 16 2021
Cyclacel Pharmaceuticals, Inc. announced the closing of their Underwritten offering in the amount of $14,500,000. EG&S acted as counsel to the Underwriter.
March 15 2021
CryptoStar Corp. announced the closing of their Private Placement offering in the amount of CAD$25,000,000. EG&S acted as counsel to the Placement Agent.
March 15 2021
Client Alert: New York Mandates Paid Leave for COVID-19 Vaccination
On March 12, 2021, Governor Cuomo signed a bill providing both private and public employees with paid time off to receive the COVID-19 vaccine (“Vaccine Leave Laws”).
Click here to read the alert.
March 12 2021
CF Acquisition Corp. VIII announced the closing of its initial public offering in the amount of $250,000,000. EGS acted as counsel to CF Acquisition Corp. VIII.
March 12 2021
FTAC Parnassus Acquisition Corp. announced the pricing of its initial public offering in the amount of $220,000,000. EGS acted as counsel to the underwriter.