Posts
June 12 2017
Client Alert: New York Enacts Paid Family Leave Law
New York’s Paid Family Leave (“PFL”) law will be phased in beginning on January 1, 2018. The law will be the most comprehensive in the country, providing paid leave to virtually all employees in New York, regardless of the size of the employer. The pertinent features of the PFL law are summarized here.
June 07 2017
KBL Merger Corp. IV announced the closing of its initial public offering in the amount of $100,000,000. EG&S acted as counsel to KBL.
June 07 2017
H-1B Visas and New Developments in Immigration Law
The United States Immigration and Citizenship Services (“USCIS”) recently announced that the H–1B work visa quota was exhausted for the fiscal year 2018 within the first four application days. The previous year, 85,000 H-1B visas were made available for new hires and approximately 236,000 requests were filed; a lottery was conducted and effectively 36% of all submitted H-1B visa requests were eligible. Nearly two-thirds of H-1B candidates were not selected and may be out of legal options.
Click here to read more.
May 26 2017
‘Spotify Rule’ Would Help New York Stock Exchange Woo Unicorns
The New York Stock Exchange is seeking to change its listing standards as it vies for Spotify AB and other hot startups that are considering an unusual tactic called a direct listing.
“What the [NYSE] rule change does is it responds to the unicorns that have enough cash that they want to be publicly traded without going through an underwriting,” said Douglas Ellenoff, a partner at Ellenoff Grossman & Schole LLP.
www.wjs.com
May 23 2017
EG&S is proud to sponsor Nadlan City 2017 Conference in NY. Join us for informative speakers and high-level networking with owners, developers, investors, lenders and other professionals from the Israeli and New York real estate communities.
Michael Dinowitz, a member of the Firm, will be moderating a panel at the main conference day on June 6th.
Click here for details
May 17 2017
Ellenoff Grossman & Schole LLP is proud to announce the addition of two new members to our Litigation Practice: David A. Gehn and Matthew B. Baum.
Click here to view their announcement
May 17 2017
National Energy Services Reunited Corp. announced the closing of its initial public offering in the amount of $210,000,000. EG&S acted as counsel to National Energy.
May 16 2017
Dextera Surgical Inc. announced the closing of their Underwritten offering in the amount of $7,280,000. EG&S acted as counsel to the Underwriter.