Posts
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. ยง546(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.
February 23 2018
Forum Merger Corporation, and ConvergeOne, Inc., a leading global IT services provider of collaboration and technology solutions, announced that they have completed their previously announced business combination. The transaction is valued at approximately $1.3 billion. EG&S acted as counsel to Forum.
February 22 2018
SITO Mobile Ltd. announced the closing of their Underwritten offering in the amount of $12,140,000. EG&S acted as counsel to the Underwriter.