Posts
November 29 2023
Client Alert: New Regulations Affecting New York City Employers’ Obligation to Provide Paid Time Off
The New York City Department of Consumer and Worker Protection recently issued amendments to the rules implementing New York City’s Earned Safe and Sick Time Act (“ESSTA”).
Click here to read the alert.
November 28 2023
Fortress Biotech, Inc. announced the closing of its Public Offering in the amount of $10,00,000. EG&S acted as counsel to the Placement Agent.
November 28 2023
Veea Inc., a digital transformation company, and Plum Acquisition Corp. I, a Cayman Islands exempted company formed as a special purpose acquisition company, announced their entry into a definitive business combination agreement related to a proposed merger expected to result in Veea becoming a publicly traded company whose business, after the closing, assuming the occurrence thereof, will be the continued business of Veea. EGS acted as counsel to Veea Inc.
November 28 2023
Client Alert: New Laws Prohibit Certain Provisions in Release Agreements and Increase the Statute of Limitations for Certain Claims of Discrimination, Harassment, and Retaliation
On November 17, 2023, New York Governor Kathy Hochul signed into law a bill amending the New York law governing settlement agreements between employers and employees resolving claims of harassment, discrimination and retaliation. The amendment prohibits including certain terms in such agreements.
Click here to read the alert.
November 21 2023
Ontrak, Inc. announced the closing of its Public Offering in the amount of $6,300,000. EG&S acted as counsel to the Placement Agent.
November 19 2023
Avenue Therapeutics, Inc. announced the closing of its Public Offering in the amount of $5,000,000. EG&S acted as counsel to the Placement Agent.
November 18 2023
Reviva Pharmaceuticals Holdings, Inc. announced the closing of its Registered Direct offering in the amount of $30,000,000. EG&S acted as counsel to the Placement Agent.
November 17 2023
Client Alert: NLRB Publishes Final Rule Broadening the Joint-Employer Standard-Effective Date Extended to February 26, 2024
On October 27, 2023, the National Labor Relations Board (“NLRB” or “Board”) published a final rule expanding the standard used to determine Joint-Employer Status under the National Labor Relations Act (“NLRA”). The final rule establishes that, under the NLRA, two or more entities may be considered joint employers of a group of employees if each entity has an employment relationship with the employees, and if the entities share or codetermine one or more of the employees’ essential terms and conditions of employment.
Click here to read the alert.