Posts
July 28 2010
Yoshimoto Kogyo Co Ltd, one of Japan's largest talent agencies, is considering going private in a buyout worth more than 50 billion yen ($526 million) led by a group of TV broadcasters.
July 19 2010
Judge Christina A. Snyder of the United States District Court for the Central District of Los Angeles granted the firm’s motion to dismiss the complaint in the action entitled Teledyne Scientific & Imaging, LLC v. Qioptiq Limited, 2:10-cv-02431, on grounds of forum non conveniens. Plaintiff, a California company, brought an action for declaratory judgment to resolve whether certain technology recently developed by Qioptiq is within the scope of a licensing agreement between the parties. Members of the Firm Adrienne Ward and Ted Poretz, with the assistance of Associate Holly Froum, successfully argued that England was an adequate forum and that, notwithstanding that Plaintiff had sued in its home state, the balance of public and private factors favored litigating in England. Of these factors, the Court deemed it most significant that the primary sources of evidence relevant to the request for declaratory relief, including most fact witnesses, were in the United Kingdom, where Qioptiq developed the technology.
July 06 2010
Ellenoff Grossman & Schole LLP was recognized by Chambers USA in its 2010 edition as a highly regarded law firm. Chambers USA ranks the leading firms and lawyers in an extensive range of practice areas throughout America. The research is in-depth and client focused and the guide is read by industry-leading companies and organizations throughout the US and worldwide.
“A boutique that does really well in its specialist areas. We have good access to the senior partners, and the team has the same level of knowledge as some big New York firms, but with the client care and personal touch of a smaller firm.”
July 06 2010
2010 PIPE Market Leadership
Ellenoff Grossman & Schole LLP was ranked 14th in the country for PIPE Transactions (by number of deals).
June 29 2010
Arrhythmia Research Technology, Inc. (NYSE AMEX: HRT) announced the completion of its acquisition of RMDDx Corporation. Arrhythmia Research Technology is engaged in the development of medical software used to detect heart arrhythmias. RMDDx, a Prince Edward Island, Canada Corporation, was formed to develop and commercialize medical devices, medical information technology, medical diagnostics, and remote patient monitoring. EG&S acted as counsel to Arrhythmia Research Technology.
June 22 2010
Vringo, Inc. announced the closing of its initial public offering in the amount of $11,003,200. EG&S acted as counsel to Vringo and continues to represent the company.
June 22 2010
1501 Pitkin Owners, LLC has entered into a lease with Brownsville Ascend Charter School for premises to be operated as a Charter School in the building formerly occupied by the Loew’s Pitkin Theater in Brooklyn, New York. EG&S acted as counsel to the Landlord.
June 16 2010
Peter J. Guy, Of-Counsel to the Firm, led a webinar on compensation tax law issues for investors and managers of private investement funds.