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This week we move away from the world of the standard retirement or health and welfare plans and into the world of executive compensation. Executive compensation arrangements provide a company with a highly flexible benefit to further attract and retain top talent. Issues in design and...
New York is on the brink of joining the growing list of states and federal agencies that disfavor or outright ban non-compete agreements. On June 20, 2023, the New York legislature passed a bill that would prohibit employers in the state from using non-compete agreements. The bill now awaits final...
In the past two weeks, we have presented a few items that plan sponsors can review in hopes of curbing common employee benefits and executive compensation errors. This week in our Employee Retirement Income Security Act of 1974 (“ERISA”) series, we touch on a small sample of common health and...
NEW YORK, NY, (June 27, 2023) – In joining Saul Ewing as a new partner, Peri Berger will represent clients facing complex commercial disputes involving breach of contract, fraud, business ownership and control, intellectual property, trade secrets and other threats related to their operations in...
We are thrilled to announce our inclusion in the distinguished ‘ Top Law Firms‘ listing by L.A. Times B2B Publishing. This notable compilation consists of 100 leading law firms in Los Angeles County, selected based on the number of attorneys in their respective Los Angeles County offices...
Congratulations to Mark Mizrahi and Matthew Baker on their recognition as 2023 Visionaries in the L.A. Times B2B Publishing Business of Law Magazine. These accomplished attorneys have demonstrated remarkable achievements in their respective practice areas. They were selected based on their...
In a recent decision by the Seventh U.S. Circuit Court of Appeals, the court interpreted Illinois law and clarified the rights and obligations of owners, their insurers and public adjusters in the situation in which the public adjuster is identified as a co-payee on a check paying insurance proceeds...
Saul Ewing LLP, a full-service national law firm, is proud to announce that Bankruptcy & Restructuring Practice Vice Chair Monique B. DiSabatino was selected as one of Law360's 2023 Rising Stars. Editors reviewed more than 1,300 submissions for the Rising Star distinction, which recognizes top...
For better or for worse, the 401(k) plan has moved to center stage in the context of American retirement policy. Fittingly, Part 2 of this Employee Retirement Income Securities Act of 1974 (“ERISA”) driven series focuses on a handful of common misses that occur with 401(k) plans. Not Knowing the...
Saul Ewing LLP, a full-service national law firm, is proud to announce that Philadelphia Co-Office Managing Partner Amy Piccola and Associate Kevin Levy were included in City & State Pennsylvania's 2023 Law Power list. The 2023 Law Power recognizes influential legal professionals in Pennsylvania...
The Employee Retirement Income Security Act of 1974 (“ERISA”) has a reputation for being intimidating and understandably so. Although plan sponsors must practically consider business needs and evaluate benefits alongside general labor and employment considerations, ERISA’s fiduciary standards may...
Saul Ewing LLP represented High Haven, an Illinois-based cannabis company, in its challenge of the Illinois Department of Financial & Professional Regulation’s (“IDFPR”) decision to reject High Haven’s social equity application for cannabis dispensary licenses. As a result of IDFPR’s denial, High...
Saul Ewing served as legal counsel to Summit Ridge Energy, LLC in a deal with Apollo affiliates in which Apollo agreed to make a $175 million strategic investment in Summit Ridge, a leading owner-operator of community solar assets. The agreement was announced on July 15, 2022. Since launching in...
Saul Ewing LLP represented Genesis Unicorn Capital, LLC, in its acquisition of and role as the sole sponsor for Genesis Unicorn Capital Corp. a special purpose acquisition company (SPAC), in the SPAC's $75 Million initial public offering (IPO) of 7,500,000 units at a price of $10.00 per unit. The...
Saul Ewing LLP represented Signal Hill Acquisition Corp., a special purpose acquisition company, in its initial public offering of 10,000,000 units at a price of $10.00 per unit, resulting in gross proceeds of $100,000,000. The units are listed on The Nasdaq Global Market (Nasdaq) and began trading...
“Penny wise but pound foolish” first appeared in writing over 500 years ago. This idiom captures the wisdom of human experience in just five words: shortcuts that appear to save money are more expensive in the long run. Sometimes much more. Further proof of this eternal truth - and one taxpayer’s...
Saul Ewing LLP served as counsel to Marwin II, LLC, a wholly owned subsidiary of US Wind, Inc., in the application to the Maryland Public Service Commission for, and approval of, approximately 800 megawatts of Maryland Offshore Renewable Energy Credits ("ORECs"). The addition of the extra 800...
Washington, D.C., November 24, 2021 – Saul Ewing LLP served as counsel to Supernus Pharmaceuticals, Inc. (NASDAQ: SUPN) in the successful completion today of its previously announced $450 million acquisition of Adamas Pharmaceuticals, Inc. (NASDAQ: ADMS). The acquisition strengthens Supernus'...
Charles M. Lizza and Sarah A. Sullivan of Saul Ewing’s Newark Office secured a precedent-setting victory in a patent infringement case in the Federal District Court for the District of New Jersey involving Janssen Pharmaceuticals, Inc.’s (“J&J”) and Mitsubishi Tanabe Pharma Corp.’s (“MTPC”)...
In just two months, from mid-November 2020 to mid-January 2021, Saul Ewing LLP's Cannabis Law Practice assisted clients in closing transactions with a combined deal value of more than $520 million. We served as: U.S. counsel to Canaccord Genuity Corp., lead underwriter of an overnight marketed...