Posts
June 23 2017
Constellation Alpha Capital Corp. announced the closing of its initial public offering in the amount of $143,750,000. EG&S acted as counsel to Constellation.
June 22 2017
SG Blocks, Inc. announced the closing of its initial public offering in the amount of $7,500,000. EG&S acted as counsel to Joseph Gunnar & Co., the sole book-running manager for SG Blocks, Inc.
June 21 2017
Great Basin Scientific Inc. announced the closing of their Registered Direct offering in the amount of $2,619,003. EG&S acted as counsel to the lead Investor.
June 16 2017
Interpace Diagnostics Group, Inc. announced the closing of its underwritten public offering in the amount of $13,700,000. EG&S acted as counsel to Maxim Group LLC, the sole book-running manager.
June 12 2017
Client Alert: New York Paid Family Leave Law Deductions Should Start July 1, 2017
The PFL program – both the amount of leave time available and the monetary benefits – will be phased in beginning on January 1, 2018. However, prudent employers will ACT NOW to ensure they are on the same page with their payroll providers regarding deductions from payroll that should commence on July 1, 2017.
Click here to read the alert.
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.