Olshan Frome Wolosky LLP

Olshan Frome Wolosky LLP client Stilwell Activist Investments LP, (together with its affiliates, “Stilwell”) has announced that stockholders of IF Bancorp Inc. (“IROQ” or the “Company”)(Nasdaq: IROQ) approved Stilwell’s Rule 14a-8 proposal requesting a sale of IROQ at the Company’s 2024 annual meeting of stockholders held on November 25, 2024. If the stockholder-approved proposal does not lead to the Company's prompt sale, Stilwell intends to seek board representation at IROQ’s 2025 annual meeting of stockholders. Olshan Shareholder Activism partner Meagan Reda and associate Nikoleta Holevas represented Stilwell in this matter. #OlshanLaw #ShareholderActivism https://lnkd.in/eRKHerH2

New York Real Estate Journal recently published an article authored by Co-Chair of Olshan Frome Wolosky LLP’s Real Estate Law practice Thomas D. Kearns entitled “Borrower Permitted to Prove Delays and Bad Faith by Lender and Servicer.” In the article, Tom uses a series of decisions in New York County Supreme Court (Newage Garden Grove LLC v. Wells Fargo Bank, N.A.) involving a California hotel to highlight the risks to lenders and their servicers when they delay negotiations over defaulted loans. “The borrower still has a long road ahead to prove the claims, and the extent of the damages if the claims are proven,” he writes, “but the case underscores the litigation risks lenders face when they delay or obstruct negotiations with borrowers.” Tom goes on to explain, “The delays seemed to trouble the court primarily due to the continued accumulation of default interest and servicing fees. As practitioners know, the accrual of default interest is a potent weapon in the hands of a lender, but courts occasionally see the injustice of extended accrual periods.” He concludes: “Parties involved in loan workouts and their counsel should review the Newage series of decisions carefully. While lenders have much power in these situations, courts will apply guardrails when they sense inequitable conduct.” #OlshanLaw #Borrowers #Lenders #LoanWorkouts #RealEstateLaw https://lnkd.in/gtH-mDcV

Andrew Lustigman, Chair of Olshan Frome Wolosky LLP’s Advertising, Marketing & Promotions Group and Co-Chair of the firm’s Brand Management & Protection Group, and associate Morgan Spina will present a myLawCLE webinar entitled “Sweepstakes, Contests, and Giveaways: Mastering the Legal and Regulatory Landscape” today from 1:00 – 3:10 P.M. (EST). In this CLE webinar, Andy and Morgan will provide legal professionals with essential insights into the complexities of organizing promotional events such as giveaways, sweepstakes and contests. Participants will explore the legal frameworks that govern these promotions, including state-specific lottery and gambling laws and privacy regulations. The session will cover the best practices for crafting effective promotional rules, ensuring compliance with tax obligations and navigating social media guidelines. Attendees will also learn about the importance of verifying winner eligibility, promoting transparency in winner disclosure and avoiding misleading advertising. By the end of the session, participants will be equipped with the knowledge to help clients successfully conduct promotional events while minimizing legal risks. #OlshanLaw #SweepstakesLaw #Contests #CLE #Webinar #AdvertisingAndMarketing https://lnkd.in/e6SQwtyG

In the final episode of a three-part series, Olshan Frome Wolosky LLP litigation counsel Katherine (Kat) Mateo, J.D. Stanford Law School explores the vital role of Diversity, Equity, Inclusion and Belonging (DEIB) in the legal and HR industry on HR Daily Advisor's A Seat at the Table podcast. Kat shares her passion for DEIB, offering insights into the firm's initiatives, her journey and valuable advice for individuals from underrepresented backgrounds who aspire to pursue a legal career. Her perspective is an inspiring reminder of the power of inclusion in shaping the future of law. #OlshanLaw #DEIB #DiversityInLaw #LegalIndustry #InclusionMatters #WomenInLaw #Equity #Belonging #LegalCareers #UnderrepresentedVoices #Leadership #LegalProfession #PodcastSeries #Inspiration https://lnkd.in/e_mfP7uf

The United States Patent and Trademark Office (“USPTO”) has announced fee increases as well as new fees to be charged for trademark filings that will take effect on January 18, 2025. Most trademark filing fees have increased by $50 to $100 per class, and the USPTO also introduced some new fees for certain trademark applications. The most significant changes are outlined in this Olshan Frome Wolosky LLP Client Alert, authored by Chair of Olshan’s Intellectual Property Law Group and Co-Chair of the firm’s Brand Management & Protection Group Mary Grieco. #OlshanLaw #ClientAlert #USPTO #Trademarks #Patents #IntellectualPropertyLaw #BrandManagementAndProtection https://lnkd.in/eKFF_AqF

Olshan Frome Wolosky LLP corporate partner Edward Taibi was interviewed on an episode of Family Office entitled “Structuring HoldCo’s and Buying Private Companies: Insights from a Master Allocator.” In the interview with host Angelo Robles, Ed discusses the intricacies of structuring HoldCo’s and acquiring private companies. Family Office is the premier YouTube channel of geopolitics, economics and investing for family offices and high net worth investors. #OlshanLaw #FamilyOffice #HoldingCompanies #Investing #PrivateCompanies #Interview #CorporateLaw https://lnkd.in/ejJNhDJS

Olshan Frome Wolosky LLP acted as counsel to Kingswood Capital Partners LLC, the sole underwriter, in the $60 million initial public offering and listing on Nasdaq for CO2 Energy Transition Corp., a new special purpose acquisition company (SPAC). The offering consisted of 6,000,000 units at an offering price of $10.00 per unit. Each unit consists of one share of common stock, one redeemable warrant to purchase one share of common stock at $11.50 per share, and one right to one-eighth of one share of common stock upon completion of an initial business combination. Kingswood Capital also exercised its over-allotment option in full to purchase 900,000 additional units at $10.00 per unit. The units are traded on The Nasdaq Global Market under the ticker symbol “NOEMU.” Once the securities comprising the units begin separate trading, the common stock, the warrants and the rights are also expected to be traded on Nasdaq. CO2 Energy intends to initially pursue targets in the carbon capture, utilization and storage industry. The Olshan team was led by corporate partner Spencer Feldman and corporate associate Dakota Forsyth. #OlshanLaw #IPO #SPAC #SecuritiesLaw https://lnkd.in/e2ica_hu

The Internal Revenue Service recently announced the new inflation adjusted dollar limitations for retirement plan contributions and benefits beginning January 1, 2025. Many of the limits have gone up, which will enhance the value of many employee benefit plans. The adjusted limits are listed in this Olshan Frome Wolosky LLP Client Alert, authored by Chair of the Employee Benefits Practice Stephen Ferszt and associate Alexander G. Sánchez Figueroa #OlshanLaw #ClientAlert #IRS #RetirementPlans #EmployeeBenefits https://lnkd.in/eRFrAdxG

On November 18, 2024, the United States Patent and Trademark Office ("USPTO”) officially published its Final Rule for filing and maintenance fee increases for 2025 (the “Final Rule”). In so doing, the USPTO added new fee categories and increased many of its existing fees. The purpose of the changes and increases, according to the Final Rule outlining the same, is to “provide the agency with sufficient financial resources to facilitate the effective administration of the U.S. trademark system.” It is noted in the Final Rule that many of the fees have not increased for over 20 years. The fees discussed below are the USPTO fees only. Of course, the fees mentioned below are just the government fees, and legal fees are extra. Read the entire Olshan Frome Wolosky LLP AMP blog post, "Significant Changes to United States Patent and Trademark Office Fees for Trademark Filings in 2025" authored by Chair of Olshan’s Intellectual Property Law Group and Co-Chair of the firm’s Brand Management & Protection Group Mary Grieco #OlshanLaw #USPTO #Trademarks #Patents #IntellectualPropertyLaw #BrandManagementAndProtection https://lnkd.in/eQDh-CsE