Olshan Grundman Frome Rosenzweig & Wolosky
News

January 30, 2012
Wolff and Sartorius Win a Highly Contested Summary Judgment Motion for Banco Popular
Allen R. Wolff and Peter M. Sartorius won a highly contested summary judgment motion in New York State Supreme Court on behalf of client Banco Popular. The decision in Commercial Divison Part 1 directed the foreclosure and sale of property and all other relief the client was seeking. The motion for foreclosure indicated Banco Popular is owed more than $17 million.

January 25, 2012
Friedman, Deblinger and Mantel Author “Navigating Public Company Equity Buybacks” in December 2011 Issue of Insights
Robert H. Friedman, Jonathan H. Deblinger and Kenneth S. Mantel discuss the issues public companies must consider in connection with issuer stock repurchases in an article, “Navigating Public Company Equity Buybacks”, in the December 2011 issue of Insights: The Corporate & Securities Law Advisor.

January 24, 2012
Olshan Client CERTPOINT Systems Secures $3.75 Million Growth Round to Expand Sales and Channel Partnerships
Olshan client CERTPOINT Systems Inc. recently consummated a private placement of preferred stock in which it received proceeds of $3.75 million. Olshan attorneys who worked on the transaction were Steve Wolosky, Kenneth A. Schlesinger and Jonathan H. Deblinger.

January 20, 2012
Roket Serves as Lead Counsel for Landlord in Corporate Center Leases
Nina Roket served as the lead partner for the landlord in two significant leases at Corporate Center One in Tampa, FL. OSI Restaurant Partners, the parent company of Outback Steakhouse, renewed its headquarters’ lease for 120,000 square feet and added an additional 60,000 square feet. Consulting firm PB Americas agreed to a 29,000 square foot lease, relocating its headquarters from Atlanta, GA. Keith J. Pollock assisted in the OSI lease and Dov B. Brandstatter assisted in the PB lease. Media outlets, including The Tampa Bay Business Journal and citybiz Real Estate, reported on the leases.

January 18, 2012
Olshan Attorneys Contribute to Lexis® Practice Advisor
Olshan attorneys contributed to development of a new legal resource launched by LexisNexis. Lexis® Practice Advisor will deliver content from leading practitioners via the Web to help attorneys handle transactional matters more confidently and negotiate and draft effective documents for clients more efficiently. Kenneth M. Silverman and Martin S. Cooper lead the efforts with respect to New York Corporate law and Thomas D. Kearns supervised the Real Estate materials. Contributions were also made by Dov B. Brandstatter, Camielle N. Green, Jonathan H. Deblinger, Nina Krauthamer, Keith J. Pollock and Ryan S. Replogle.

January 13, 2012
Olshan Activist Practice Client Starboard Value Featured in NY Post
The New York Post features Olshan client Starboard Value and highlights the Fund’s recent growth in addition to Starboard’s high-profile activist situation involving AOL. The article notes that Starboard has been the most prolific activist investor on the “street” over the past two years. Olshan’s Activist Practice represents Starboard Value in its activist matters.

January 12, 2012
Activist Practice Client Raging Capital Reaches Agreement with Resource America, Inc. For Board Seat
Olshan’s client Raging Capital Management, LLC reached agreement with Resource America, Inc. to add an independent director to the Resource America Board. Raging Capital had previously nominated an individual for election to the Board at Resource America’s upcoming Annual Meeting. Steve Wolosky and Jason W. Soncini handled the settlement negotiation.

January 11, 2012
Gursky Authors Chapter in Fashion Trade Law Book
Steven R. Gursky is among the authors in a new book from Aspatore, publishing arm of Thomson Reuters. His chapter “Succeeding in Fashion Law: A Mix of Good Fortune, Hard Work, and Skill” appears in Navigating Fashion Law: Leading Lawyers on Exploring the Trends, Cases and Strategies of Fashion Law. The book will be available shortly at www.west.thomson.com.

January 9, 2012
Olshan Represents AGS Benefits Group in Acquisition with National Financial Partners
Olshan client, AGS Benefits Group, LLC, a corporate benefits brokerage and consulting firm, has been acquired by National Financial Partners Corp. (NYSE: NFP), a provider of benefits, insurance and wealth management services, enabling NFP to establish a major corporate benefits presence in New York. The Olshan team was led by Aliza F. Herzberg and Michael R. Neidell and also included Nina Krauthamer, Tax; Barry L. Salkin, Employee Benefits; Lori Barnea, Employment Practices; and Michael D. DeDonato, Corporate.

January 6, 2012
Olshan Names Five New Partners
Olshan announced today that Andrew M. Freedman, Activist Practice Group; Mary L. Grieco, Intellectual Property Group; Ellen V. Holloman, Litigation Group; Jason S. Saltsberg, Corporate Group; and Howard J. Smith, Litigation Group, have been named partners.

January 4, 2012
InsideCounsel Quotes Herzberg on Handling Employee Misdeeds
Aliza F. Herzberg comments in the January issue of InsideCounsel on best ways to deal with employee misdeeds in an article on what was learned from the way the Penn State scandal was handled. Aliza notes that "...investigating promptly and taking action when necessary is your best defense in these situations. In-house counsel should not approach these issues with fear. Deal with them head-on."



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