Check out our July issue of Olshan Insights, a monthly newsletter that highlights the latest news, developments and strategies from Olshan. #OlshanLaw #OlshanInsights
Olshan Frome Wolosky LLP
Law Practice
New York, New York 2,883 followers
Olshan is a leading New York law firm.
About us
FIRM OVERVIEW: Olshan, a law firm based in New York, represents major businesses and entrepreneurs for their most significant transactions, problems and opportunities. Olshan’s clients range from public companies, hedge, venture capital, private equity and other investment funds to entrepreneurs and private companies worldwide. Clients choose Olshan for innovative strategies and sophisticated, game-changing advice in corporate, securities law and shareholder activism, complex commercial, corporate and securities litigation, bankruptcy and creditors’ rights, real estate, intellectual property and advertising. Since its founding, Olshan has offered an alternative to the AmLaw 50 law firm business model with responsive, independent and client-focused legal counsel provided by the firm’s senior lawyers. MAIN AREAS OF PRACTICE: Corporate/Securities Law Activist & Equity Investment Practice Advertising, Marketing & Promotions Law Litigation Real Estate Bankruptcy & Financial Restructuring Intellectual Property/Licensing/Entertainment Law Tax & Personal Planning Employment Practices Employee Benefits Insurance Coverage *Attorney Advertising. Prior results do not guarantee a similar outcome.*
- Website
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http://www.olshanlaw.com
External link for Olshan Frome Wolosky LLP
- Industry
- Law Practice
- Company size
- 51-200 employees
- Headquarters
- New York, New York
- Type
- Partnership
- Founded
- 1960
- Specialties
- Mergers & Acquisitions, Shareholder Activism, Purchase and Sale of Office, Retail and Industrial Buildings, Restaurant Law, Securities Law, Ground Leases, EEOC Matters, Sweepstakes & Contests Law, Art Law, Private Equity, Start-ups, and Fashion and Retail
Locations
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Primary
1325 Avenue of the Americas
New York, New York 10019, US
Employees at Olshan Frome Wolosky LLP
Updates
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Adam Friedman, Partner and Chair of Olshan Frome Wolosky LLP’s Bankruptcy & Financial Restructuring and Distressed Real Estate Practices, was recently highlighted in Practical Law The Journal by Thomson Reuters. Topics Adam discussed include the legal and market developments that have had a significant impact on his practice, changes on the horizon affecting bankruptcy practice, the role of AI in the legal field going forward, and more. #OlshanLaw #LegalDevelopments #AI #BankruptcyLaw https://lnkd.in/eN-EtD9Z
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In Bloomberg’s Global Activism League Tables for H1 2024, Olshan Frome Wolosky LLP continued its dominance as the top global activist legal adviser, a position held since the inception of the rankings. Olshan’s Shareholder Activism Practice advised on 85 global activist engagements, creating an impressive gap with nearly twice as many engagements as the next highest ranking law firm. Notably, Olshan is ranked #1 Top Activist Adviser for campaigns at companies across all market capitalizations, including <$1b, $1b+, and $5b+ targets, and ranked #1 in value of activist stake. Additionally, Olshan was also ranked #1 Top Activist Adviser in 9 out of 12 sectors as outlined in the report. #OlshanLaw #TopRanked #H12024 #ShareholderActivism https://lnkd.in/ewhyup2d
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Automatic renewal programs and frictionless cancellation processes continue to garner significant regulatory scrutiny. Now, the Federal Trade Commission (“FTC”) is taking action against the software company, Adobe, and two of the company’s executives, Maninder Sawhney and David Wadhwani, regarding the company’s automatic renewal subscription practices, particularly as such practices relate to the company’s subscription enrollment and cancellation pathways. After investigating the company’s subscription practices, the FTC referred the matter to the U.S. Department of Justice, who in turn filed a complaint in federal court in the U.S. District Court, Northern District of California Read the entire Olshan Frome Wolosky LLP AMP blog post, "FTC Sues Adobe and its Executives for Deceptive Subscription Practices," authored by associate Morgan Spina #OlshanLaw #FTC #AutomaticRenewalPrograms #AdvertisingAndMarketing https://lnkd.in/eic8JXtc
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The Corporate Transparency Act (“CTA”), a sweeping new law that imposes significant reporting obligations upon entities that are required to report beneficial ownership and registrant information to the U.S. Treasury’s Financial Crimes Enforcement Network, US Treasury (“FinCEN”), went into effect on January 1, 2024. The CTA requires “reporting companies” (non-public entities with fewer than 20 employees (with certain exceptions) and less than $5 million in annual revenues) to disclose to FinCEN details of their “beneficial owners” — those with substantial control over the entity and shareholders/owners of 25% or more of interest in the entity. Reporting companies that were in existence as of January 1, 2024 are required to submit their initial beneficial ownership reports to FinCEN by January 1, 2025. This Olshan Frome Wolosky LLP client alert, authored by partners Ken Silverman, Robert Appleton and Jason Saltsberg and associate Brian Roe, provides a reminder of the CTA’s broad coverage and disclosure obligations and deadlines. #OlshanLaw #ClientAlert #CorporateTransparencyAct #FinCEN #BeneficialOwnership #RegistrantInformation https://lnkd.in/ex6u6ZDm
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Stephen Ferszt, chair of Olshan Frome Wolosky LLP's Employee Benefits Practice and member of the firm’s Tax & Personal Planning Practice, published a column in the New York Law Journal regarding estate planning and the critical decisions taxpayers need to make before the 2026 BEA rollback takes effect. Steve highlights strategic approaches to protect assets from gift and estate taxes, as well as the generation-skipping tax. “As the expiration of the increased BEA approaches, it is important to consider strategic estate planning opportunities now. The BEA will decrease significantly in 2026, making it more challenging for taxpayers to protect assets from gift and estate taxes. Given the time-consuming nature of estate planning, taxpayers should work with an estate planning attorney to take advantage of the current planning opportunities,” he says. Olshan associate Alexander G. Sánchez Figueroa assisted with the article. #OlshanLaw #NYLJ #BEA #GST #Taxes #EstatePlanning #OlshanTaxPlanning https://lnkd.in/e94VHVer
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Olshan Frome Wolosky LLP Corporate partner Ken Silverman spoke at the Globalaw 2024 Americas Regional Meeting (GLARM) in Vancouver, BC, on June 7, 2024. Ken discussed the U.S. Corporate Transparency Act and the New York LLC Transparency Act. Ken also participated on a panel addressing ESG issues that companies are facing in Canada and the United States. Globalaw™ is an international network of more than 80 leading independent law firms spanning more than 80 countries. #OlshanLaw #Globalaw #GLARM #CorporateTransparencyAct #NewYorkLLCTransparencyAct #ESG https://lnkd.in/eP3fd_Gv
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The Consumer Financial Protection Bureau (“CFPB”) is making it a priority to monitor credit card rewards programs and crack down on unfair or deceptive acts that prevent consumers from obtaining the advertised benefits of these programs. Read the entire Olshan Frome Wolosky LLP AMP blog post, "CFPB Keeping its Eyes on Credit Card Rewards Programs," authored by partner Scott Shaffer #OlshanLaw #CFPB #ConsumerProtection #CreditCardRewards #AdvertisingAndMarketing https://lnkd.in/ew2n9j4x
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Olshan Frome Wolosky LLP Shareholder Activism Practice Partner Meagan Reda will participate in the Harvard Law School Forum on Corporate Governance Roundtable, scheduled for June 25-26, 2024, in Cambridge, MA. Meagan and other roundtable participants will discuss the mid-season review, including topics on ESG proposals and directors, compensation, activism, investor engagement, legal developments, law-related proposals and DEI. #OlshanLaw #CorporateGovernance #Roundtable #ESG #ShareholderActivism https://lnkd.in/gaDkkCHN
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Olshan Frome Wolosky LLP recently published an article for the Harvard Law School Forum on Corporate Governance entitled “Shareholder Activism - 2024 Mid-Year Review.” In the article, Shareholder Activism Practice Chair Andrew Freedman discusses the trends emerging from the 2024 proxy season thus far, including an uptick in activist demands at U.S. companies and a decline in European and APAC activism campaigns compared to 2023. The report also examines how the adoption of the universal proxy card rules has altered activist investors’ strategies and fostered faster settlements between activists and companies. The review provides an overview of the year’s most significant campaigns, including Trian Fund Management’s proxy fight at The Walt Disney Company and Browning West’s campaign at Gildan Activewear. Finally, Olshan discusses in the report how recent Delaware Chancery Court decisions have impacted the settlement process between investors and companies. #OlshanLaw #CorporateGovernance #MidYearReview https://lnkd.in/gcXKPsef