Posts
July 29 2026
Client Alert: DOL Issues New Guidance on When Commute and Travel Time Must Be Paid
The U.S. Department of Labor (“DOL”) recently issued two opinion letters providing additional guidance on when commute and travel time constitutes compensable work under the Fair Labor Standards Act (“FLSA”). Although the opinion letters do not change existing law, they provide useful guidance for employers with remote, hybrid, and field-based employees by illustrating how the DOL analyzes different types of travel.
Click here to read the alert.
July 28 2026
C3is Inc. announced the closing of its underwritten public offering in the amount of $6,000,000. EG&S acted as counsel to the placement agent.
July 28 2026
Catalyst Acquisition Corp. announced the closing of its initial public offering in the amount of $200,000,000. EGS acted as counsel to Catalyst Acquisition Corp.
July 27 2026
Robin Energy Ltd. announced the closing of its public offering in the amount of $3,000,000. EG&S acted as counsel to the placement agent.
June 26 2026
Eco Wave Power Global AB announced the closing of its registered direct offering in the amount of $4,000,000. EG&S acted as counsel to the placement agent.
June 25 2026
After a two-week federal jury trial, EGS secured a complete defense verdict for Brio Capital, defeating claims seeking over $35 million under Section 16(b). The jury found Brio acted independently – not as part of an investor “group” – in 2020 Kartoon Studios financings, reinforcing that parallel investments alone do not create Section 13(d) group liability. The trial team was led by John Brilling Horgan and included Joanna Cohen, Caitlin Oakley, and paralegal, Arisbel Osorio.
June 22 2026
Texas Ventures Acquisition IV Corp., a blank check company, announced the closing of its initial public offering in the amount of $172,500,000. EGS acted as counsel to Texas Ventures Acquisition IV Corp.
June 18 2026
Live Oak Acquisition Corp. V announced the closing of its business combination with Teamshares, Inc., with an equity value for Teamshares of $525,000,000. EGS acted as counsel to Live Oak Acquisition Corp. V.