Olshan Frome Wolosky LLP

Vice Chair of Olshan Frome Wolosky LLP’s Shareholder Activism Practice Group Ryan Nebel spoke at the ICR 2024 ESG & Shareholder Activism Symposium entitled “2025 Proxy Season Preview, Shareholder Activism, ESG and M&A” today from 10:45 – 11:30 A.M. at Vinson & Elkins’ office in New York, NY. With the 2025 proxy season fast approaching, a polarized ESG landscape and the universal proxy rules changing the nature of shareholder activism, the event focused on how companies can adapt to this constantly shifting space with authenticity and pragmatism. Moderated by Editor-in-Chief of Diligent Market Intelligence Joshua Black, the panel on which Ryan spoke, “Activism Landscape I: Post-UPC & Beyond,” included Lawrence Elbaum, Partner and Co-Head of the Shareholder Activism Practice at Vinson & Elkins; Amy Lissauer, Managing Director, Global Head of Activism and Raid Defense at Bank of America; John Roe, MD & Head, Investment Stewardship at BlackRock; and Lyndon Park, Managing Partner & Head, Shareholder Activism & ESG Advisory at ICR. #OlshanLaw #ProxySeason #UniversalProxy #ESG #ShareholderActivism https://lnkd.in/ehMT_BKi

Olshan Frome Wolosky LLP today announced that 35 attorneys across all of the firm’s practices have been selected to the 2024 New York Metro Super Lawyers® list. Twenty-seven lawyers have been named as “Super Lawyers” and eight have been named as “Rising Stars.” While on average no greater than five percent of the total lawyers in each state are selected for the Super Lawyers lists, thirty-eight percent of Olshan’s lawyers have been selected for this honor in 2024. Olshan would like to congratulate the following lawyers named to the 2024 New York Metro Super Lawyers list: Shareholder Activism: Andrew Freedman, Steve Wolosky, Kenneth Mantel, Ron Berenblat Corporate/Securities: Ken Silverman, Spencer Feldman, Michael Neidell, Kenneth Schlesinger Real Estate: Nina Michelle Roket, Thomas D. Kearns, Eric Goldberg, Dov Brandstatter, Hyman Kindler, Samuel P Ross Litigation: Lori Marks-Esterman, Brian Katz, Kyle Bisceglie, Thomas Fleming Advertising, Marketing & Promotions: Andrew Lustigman Bankruptcy & Corporate Restructuring: Adam Friedman, Jonathan Koevary, Michael Fox Intellectual Property Law: Mary Grieco, Steven Gursky Employee Benefits: Stephen Ferszt Insurance: Jeremy King Tax: Warren R Gleicher And the following attorneys named to the 2024 New York Metro “Rising Stars” list: Shareholder Activism: Ryan Nebel, Rebecca Van Derlaske, Matthew Traylor Litigation: Joseph Weiner, Nick Hirst Corporate/Securities: Claudia Dubon, Honghui Yu, Richard Quatrano #OlshanLaw #SuperLawyers #Award https://lnkd.in/eVtAddk2

Co-Chair of Olshan Frome Wolosky LLP’s Real Estate Law practice Thomas D. Kearns was quoted in a Law360 article on New York City’s surge in film studio development projects, in which Tom commented on the tax credits available to film productions. #OlshanLaw #FilmStudios #FilmProductions #TaxCredits #RealEstateLaw https://lnkd.in/e5kP24js

Olshan Frome Wolosky LLP Co-Managing Partner, Co-Chair of the firm’s Real Estate Law Practice and Chair of Commercial Leasing Practice Nina Michelle Roket will moderate the panel “The Race to Class A: How the Flight to Quality is Shifting the Tide in NYC Office” as part of Commercial Observer’s Fall State of Office Forum on November 13, 2024, in New York, NY. The forum is a must-attend event convening the industry’s most influential players for a timely discussion around the current trends driving the office sector. In conversation with Senior Managing Director of Commercial Leasing at The Durst Organization Ashlea Aaron, President of Empire State Realty Trust Christina Chiu, President & CEO of Marx Realty Craig Deitelzweig, and EVP, Northeast Region Head of Brookfield Properties Callie Haines, Nina’s panel will explore how the "race to Class A" is reshaping the New York City office market as companies adjust to the evolving demands of the modern workforce and how this trend is impacting vacancy rates, leasing strategies and overall market dynamics in NYC, as well as what it means for the future of corporate real estate in one of the world's most iconic cities. #OlshanLaw #Forum #OfficeLeasing #NewYorkRealEstate #RealEstateLaw https://lnkd.in/ecVw63ub

Olshan Frome Wolosky LLP corporate partner Ken Silverman and litigation partner Kerrin Klein published an article in Thomson Reuters' Securities Regulation Law Journal, Fall 2024 ed. entitled “Quarterly Survey of SEC Rulemaking and Major Court Decisions.” The article reviews the U.S. Securities and Exchange Commission's rulemaking activities and other decisions relating to federal securities laws from April 1, 2024 through June 30, 2024. “This quarter,” the authors write, “the SEC proposed one new rule and approved two final rules. In relevant part, this quarter the SEC has largely focused on addressing the increased security threats and potential of criminal activity faced by the nation’s financial systems and its customers.” #OlshanLaw #SEC #SecuritiesLaw #CorporateLaw #Litigation https://lnkd.in/g32N8Pgx

Olshan Frome Wolosky LLP corporate partners Ken Silverman and Honghui Yu authored an article in Bloomberg Law entitled “GameStop’s $3.5 Billion Windfall Shows Power of SEC Rule Mastery.” Their article highlights how public companies, with the right securities law strategies in place, can raise money quickly on the heels of viral news, with the rise in both retail investors and “influencer” investors. GameStop is a notable example of a public company that was able to raise billions of dollars through at-the-market offerings following a surge in the company’s stock price driven by viral social media posts. In total, GameStop has raised about $3.5 billion in gross proceeds. Ken and Honghui represented GameStop in its at-the-market offerings. #OlshanLaw #Bloomberg #GameStop #SEC #InfluencerInvesting #PublicCompanies #RoaringKitty #CorporateLaw https://lnkd.in/g8Sfk5xc

Andrew Lustigman, Chair of Olshan Frome Wolosky LLP's Advertising, Marketing & Promotion's Group and Co-Chair of the firm’s Brand Management & Protection Group, was quoted in a Bloomberg Law article on the legality of the recent sweepstakes launched by Elon Musk’s super political action committee America PAC, which is awarding a daily prize of $1 million to a swing state voter. The winner, a randomly selected signatory of a petition to help re-elect Donald Trump to the presidency, must be a registered voter, though the contest does not specify for which candidate voters should cast their ballots. On October 17, Musk also announced on X a five-day window in which registered Pennsylvania voters, as well as whoever referred them to register, will receive $100 each for signing the petition (an increase from his earlier offer of $47 per referral). Citizens of the other swing states were still eligible for the $47 payment. Federal law prohibits paying people to register to vote, but it is unclear whether paying $100 to people who sign a petition—but only if they are registered voters—qualifies as a violation of election law. The $1 million daily prize to randomly selected signatories of the petition carries the same issue. Andy explains that the promotions do not obviously appear to violate state or federal regulations around sweepstakes or contests because Musk’s participants do not have to buy anything or pay for a chance to win a prize. Only government-sponsored sweepstakes and contests such as state lotteries are permitted to require payment for a chance to win, but companies that ask customers to purchase a product for a chance to win can get around the provision with fine print explaining how participants can join the contest for free. Companies and individuals who run contests for prizes can still violate the law if they require so-called non-monetary consideration for a chance to win a prize, like requiring participants to do something that amounts to an undue burden on their time or handing over something significant, such as highly personal information. Requiring participants to register to vote or even refer other voters to register could possibly be considered a non-monetary consideration, but that “doesn’t strike me as being a significant burden,” Andy said. #OlshanLaw #SweepstakesLaw #AdvertisingAndMarketing https://lnkd.in/gHGpCR-P

Olshan Frome Wolosky LLP Co-Managing Partner, Co-Chair of Real Estate Law Practice and Chair of Commercial Leasing Group Nina Michelle Roket and Olshan Co-Managing Partner and Chair of the firm’s Shareholder Activism Practice Andrew Freedman have been named to the 2025 Lawdragon 500 Leading Dealmakers in America list. The list honors “the eminents of M&A, the power players of private equity, the consiglieres of capital markets. They are the lawyers firms cherish for their swagger, can-do hustle and ability to move the needle with clients and firms themselves.” #OlshanLaw #Award #LeadingDealmakersInAmerica #RealEstateLaw #ShareholderActivism https://lnkd.in/eDQDVG8e

Today at the Pierre Hotel in New York City, Olshan Frome Wolosky LLP Co-Managing Partner and Chair of the firm’s Shareholder Activism Practice Andrew Freedman will speak at 13D Monitor’s 2024 Active-Passive Investor Summit. Andy will have a fireside chat with Cristiano Guerra, Head of Special Situations Research at ISS | Institutional Shareholder Services, and Jason McCandless, Senior Director at Glass, Lewis & Co. The Summit is the preeminent hedge fund activism and corporate governance conference created for both active and passive investors. #OlshanLaw #Summit #ShareholderActivism https://lnkd.in/ebiEYDVE

Olshan Frome Wolosky LLP acted as counsel to AC SUNSHINE SECURITIES LLC, as lead managing underwriter, in Springview Holdings Ltd’s $6.0 million initial public offering of Class A ordinary shares. The company intends to use the proceeds from this offering for business development and marketing activities, hiring and training skilled workforce, and other general corporate purposes. Springview Holdings designs and constructs residential and commercial buildings in Singapore. Springview Holdings’ shares now trade on The Nasdaq Capital Market under the symbol SPHL. The Olshan team was led by corporate partner Spencer Feldman and associate Dakota Forsyth, with assistance from corporate partner Kenneth Schlesinger. #OlshanLaw #IPO #SecuritiesLaw https://lnkd.in/exQtZgfV