Posts
April 05 2016
Client Alert: Human Resources Directors May Be Held Personally Liable For FMLA Violations
On March 17, 2016, the Second Circuit Court of Appeals held that the definition of “employer” under the Family Medical Leave Act (“FMLA”) may include an employee, such as a Director of Human Resources, who has the requisite amount of control over an employee’s terms and conditions of employment. Click here to read more.
April 04 2016
Hennessy Capital Acquisition Corp. II (“HCAC”) and United Subcontractors, Inc. (“USI”) announced that they have entered into a definitive merger agreement, pursuant to which HCAC will acquire all of the outstanding capital stock of USI Senior Holdings, Inc., the indirect parent company of USI. In connection with the merger, HCAC will change its name to USI Holdings, Inc. The transaction is valued at approximately $348.5 million. EG&S acted as counsel to Hennessy.
April 01 2016
Amanda Fugazy, a member of the Firm, will be the featured speaker at a seminar sponsored by Robert J. Klein, CPA titled: “Top 10 Employment Law Mistakes” on Tuesday April 19 from 6pm – 8pm. Click here for more details.
April 01 2016
Aeterna Zentaris Inc. announced the closing of their At the Market facility in the amount of $10,000,000. EG&S acted as counsel to the Placement Agent.
March 30 2016
Ellenoff Grossman & Schole LLP became aware that the firm, along with 49 other corporate/securities law firms throughout the country, had been identified as potential targets of an attempted cybersecurity hack apparently originating in Russia. We have been in contact with our IT services firm and currently have no reason to believe that our security has been breached or that any client data was compromised. We have also contacted appropriate law enforcement and governmental agencies to let them know we are aware of the list. We will, of course, be cooperating and coordinating with investigatory efforts moving forward. Should any additional information come to our attention we will provide an update. The original article which announced this threat is here.
March 25 2016
Legend Oil and Gas, Ltd. announced the closing of their PIPE offering in the amount of $410,788. EG&S acted as counsel to the Investor.
March 22 2016
BioBlast Pharma, Ltd. announced the closing of their Registered Direct offering in the amount of $6,699,999. EG&S acted as counsel to the Placement Agent.
March 16 2016
KLR Energy Acquisition Corp., a special purpose acquisition corporation, announced the closing of its initial public offering in the amount of $80,000,000. EG&S acted as counsel to KLR.