Posts
January 05 2016
Client Alert: New York Strengthens Employee Protections
On October 21, 2015, New York Governor Andrew Cuomo signed a spate of employment-related legislation into law. Click here to read the changes that are effective on January 19, 2016.December 30 2015
United Energy Leasing, LLC, an affiliate of United Refining, Inc., entered into a seven-year $5M secured equipment loan with Investors Bank. EGS represented United in the transaction.
December 15 2015
In December 2015, Elephant Talk raised $1,275,000 in a private placement offering of up to $4.2 million where Dawson James Securities, Inc. acted as the placement agent. EGS acted as counsel for Elephant Talk.
November 23 2015
Client Alert: DOL Delays Implementaion of Changes To The Overtime Exemptions
As we have previously advised, the U.S. Department of Labor (“DOL”) has proposed regulations raising the minimum salary that must be paid to an employee in order for that employee to be considered exempt from the overtime pay requirements of the Fair Labor Standards Act (“FLSA”). Click here to read more.November 18 2015
Douglas Ellenoff, a member of the Firm, was quoted in Financier Worldwide Magazine in an artitle titled “SPAC for good?”
Click here to read the article.
November 18 2015
COPsync, Inc. announced the closing of their underwritten offering in the amount of $10,600,000. EG&S acted as counsel to Maxim Group.
November 06 2015
NephroGenex, Inc. announced the closing of their PIPE offering in the amount of $5,500,000. EG&S acted as counsel to the Placement Agent.
November 03 2015
Mosman Oil and Gas Limited announced the closing of their Private Placement of AIM listed Australian Securities offering in the amount of $2,249,867. EG&S acted as counsel to the Placement Agent.