Posts
June 10 2010
Advanced Accelerator Applications, SA announced the completion of its acquisition of BioSynthema, Inc. Advanced Accelerator is a French pharmaceutical company and BioSynthema is a biotechnology company. EG&S acted as counsel to Advanced Accelerator.
June 08 2010
In a significant decision for entities that litigate internationally, the New York State Court of Appeals affirmed the judgment entered on behalf of the firm’s client John Galliano, S.A., the noted fashion designer. Galliano had previously obtained a judgment by default in the Commercial Court of Paris, France, against the United States manufacturer of the Galliano fur collection. In affirming Galliano’s right to enforce the French judgment, the Court of Appeals ruled for the first time that the Hague Convention did not require translation of foreign judicial documents and that, because the defendant had agreed to a foreign forum, the question of notice was ordinarily for the foreign court to decide. Ted Poretz of the firm argued the case before the Court of Appeals, with assistance from partner Gabriel Mendelberg and associate Holly Froum.
June 03 2010
Beijing Tsingda Century Investment Consultant of Education Co. Ltd., an education company based in Hebei Province, China, announced the completion of their reverse merger/share exchange with shell company Compass Acquisition Corp. EG&S acted as counsel to Compass Acquisition Corp.
June 03 2010
Here's a wild idea: Dell going private. It sounds strange, but company founder Michael Dell has considered the possibility, he admitted during a Sanford C. Bernstein conference Thursday according to TradeTheNews.com. During the same conference the billionaire noted he has every intention of continuing….
June 03 2010
Recovery Energy, Inc. has announced the completion of their registered direct offering of common stock in the amount of $23,851,800. EG&S acted as counsel to the placement agent.*
*Transaction was closed while members of the Firm were with Weinstein Smith LLP.
May 20 2010
57th Street General Acquisition Corp. (OTCBB:SQTCU) announced the closing of its initial public offering in the amount of $50,000,000. 57th Street is the first and only SPAC initial public offering to price in 2010. EG&S acted as counsel to 57th Street.
May 10 2010
Star Gas Partners, L.P., the largest U.S. distributor of home heating oil, announced the acquisition of Champion Energy Corporation for $61.5 million. EG&S represented the Selling Shareholders in this transaction.
April 29 2010
SOKO Fitness & Spa Group, Inc. (OTCBB:SOKF), an operator of fitness centers, beauty salons and spas in Northeast China as well as suburban Beijing, announced the completion of a non-brokered private placement of 3,125,000 shares of common stock, yielding gross proceeds of $10 million to SOKO. The offering was made to select institutional and accredited investors. EG&S acted as counsel to SOKO.