Posts
January 26 2022
Maker Of $295 Prescription Video Game For Kids With ADHD To Go Public In Palihapitiya-Led SPAC Deal
Akili Interactive, a digital therapeutics company with an FDA-cleared prescription video game to treat ADHD symptoms in kids, will go public in a SPAC deal led by Chamath Palihapitiya.
www.forbes.com
January 25 2022
Client Alert: NYS Mask Mandate Remains In Effect
Yesterday, a Nassau County judge issued a decision ruling that the NYS mask mandate is unenforceable. This created understandable confusion about whether NYS’ mask mandate remains in effect. NYS’ mask mandate does remain in effect for the time being. NYS has already filed an appeal, and the appellate court stayed the Nassau County decision – meaning that the mask mandate remains in effect until there is a decision on the appeal.
Click here to read the alert.
January 25 2022
UAE approves first SPAC framework in the Gulf region
DUBAI, United Arab Emirates — to attract new investment, despite a fall in popularity for the controversial funding tool.
www.cnbc.com
January 25 2022
Hollywood Visual-Effects Studio DNEG Reaches $1.6 Billion SPAC Merger to Go Public
Hollywood visual-effects studio DNEG is combining with a special-purpose acquisition firm to go public with a roughly $1.6 billion valuation, the businesses stated. Identified for its Oscar-winning visuals work on motion pictures resembling “Inception” and “Tenet,” DNEG is merging with the SPAC Sports activities Ventures Acquisition Corp., a blank-check agency centered on the media and leisure industries.
www.wsj.com
January 24 2022
Client Alert: Updates Regarding COVID-19 Quarantine and Isolation Guidance
New York recently issued updated isolation and quarantine guidance to align itself with the CDC (collectively referred to as the “New Quarantine Rules”). The New Quarantine Rules apply to everyone in New York, and supersede the previously-announced rules applicable to “critical workers” as well as the New York guidance issued on January 4, 2022.
Click here to read the alert.
January 13 2022
Client Alert: Supreme Court Blocks OSHA Large Employer Vax-or-Test Mandate
The U.S. Supreme Court has just blocked the Occupational Safety and Health Administration (OSHA) Emergency Temporary Standard that would have required employers with 100 or more employees to mandate that employees either be fully vaccinated against COVID-19 or test weekly (the “100+ ETS”).
Click here to read the alert.
January 10 2022
Client Alert: New York Expands Protection for Whistleblowers
Effective January 26, 2022, amendments to New York’s Whistleblower Law dramatically expand the scope of protected activity that triggers anti-retaliation protections, as well as type of actions that may be considered retaliatory under the law.
Click here to read the alert.
January 06 2022
Client Alert: Lincoln St. Mezz II, LLC v One Lincoln Mezz 2 LLC
On December 6, 2021, the Supreme Court of the State of New York, Kings County held that a mezzanine borrower could not block a mezzanine loan foreclosure sale during the December holiday season on commercial reasonableness grounds based on the facts briefly summarized in the alert.
Click here to read the alert.