Monthly Archives: January 2018

NYC Council Passes Bills Establishing Procedures on Flexible Work Schedules and Reasonable Accommodation Requests

Our colleague  at Epstein Becker Green has a post on the Health Employment and Labor blog that will be of interest to our readers in the financial services industry: “New York City Council Passes Bills Establishing Procedures on Flexible Work Schedules and Reasonable Accommodation Requests.”

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ILN Today Post

Restructurring Pros See Politics as Driving Force in 2018 Activity

Marianne Mortimer, a shareholder in Stradling’s Bankruptcy and Restructuring practice group, was amongst a panel of bankruptcy and restructuring experts quoted in an article, “Restructuring Pros See Politics as Driving Force in 2018 Activity”, published in the Pro Bankruptcy section of the Wall Street Journal. The article discussed how the new tax bill, healthcare and trade will affect distressed companies.

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ILN Today Post

Antis Triantafyllides & Sons advises on the sale of shares in one of Egypt’s fastest growing pharmaceutical companies

Our firm advised the Egyptian American Enterprise Fund (“EAEF”) and its investment manager Lorax Capital Partners with respect to the acquisition of a significant stake in the Cyprus holding company of Orchidia Pharmaceutical Industries, the leading Egyptian ophthalmic generic medicine manufacturer and one of the fastest growing pharmaceutical companies in Egypt.

The firm advised and provided support throughout the transaction. Our team has carried out due diligence reports on the Cyprus holding companies, assisted with the review of sale and purchase agreements and share swapping agreements, drafted the articles of association and assisted with the closing formalities.

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3 Tips to Kick off Your January with Gusto

A lot of people I know were happy to see the backside of 2017. But even with the enthusiasm for a new year in our pockets, it can be hard to find the motivation to kickstart our plans and projects as we head back to work this week and find ourselves facing the same day to day grind as before the holidays, as well as a backlog of vacation work and emails to catch up on.

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Judge and Jury Clear Financial Firm of Poaching and Trade Secrets Claims

Financial analytics firm Novantas, Inc. and two individual defendants closed out 2017 with a victory, securing the dismissal of claims by rival First Manhattan Consulting Group LLC, which accused them of competing unfairly by poaching First Manhattan’s employees in order to steal its trade secrets. The result demonstrates the need for plaintiffs in such cases to be able to prove with specificity which trade secrets were taken or threatened by the defendants’ conduct.

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ILN Today Post

Virtual Currencies – An Enigma for Indian Authorities

In the present times, where trading and dealing in virtual currencies (“VCs”) such as Bitcoins, is surging at an extraordinary rate with astonishing highs and lows, the question of recognition and regulation of VCs under the Indian laws still looms in a cloud of confusion. After several advisories of the Reserve Bank of India (“RBI”), which has till date stood short of declaring VCs as illegal, and subsequent raids reportedly conducted by the Enforcement Directorate against operators of trading platforms of VCs in India (as already discussed in our previous updates1), the Income Tax (“IT”) department and the Securities Exchange Board of India (“SEBI”) are now considering to crack down the unregulated reign of Bitcoins. 

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Daniel T. Janis Elevated to Shareholder

“We are delighted to welcome Dan as our firm’s newest shareholder. His talent, passion, and experience represent the finest that Davis Malm has to offer, and I am confident he will contribute to the success of our clients and firm for years to come.” Paul Feldman, Firm President

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