News & Publications

NASDAQ Amends Its Compensation Committee Independence Rules

NASDAQ recently amended its rules related to compensation committee independence to more parallel their corresponding NYSE compensation committee rules. The amendments follow significant critique of the rules initially adopted by NASDAQ in response to SEC Rule 10C-1 (adopted under the Dodd-Frank Wall Street Reform and Consumer Protection Act), requiring...

SWA advised IDT Energy on their Acquisition of Diversegy, LLC.

SWA advised IDT Energy, Inc. on their acquisition of Dallas-based Diversegy, LLC, a retail energy advisory and brokerage company that serves commercial and industrial customers, and Epiq Energy, a network marketing company that provides independent representatives with the opportunity to build sales organizations and to profit from both residential and commercial...

New Legal Obligations for Employers in New York, New Jersey and Maryland

Employers located in New York, New Jersey and Maryland should update their policies and practices in light of recent laws passed in each state. These laws impose new obligations for employers with respect to providing employees with time off for sickness, domestic abuse or assault, accommodating pregnant employees, and accessing employee social media accounts....

Update: Employer Notice Requirements under ObamaCare – it is not too late

Although the IRS has announced that it will delay the effective date of the pay-or-play provisions of the Patient Protection and Affordable Care Act (“ACA” also known as “ObamaCare“), until January 1, 2015, employers are still required to give notice to employees about coverage available through state insurance exchanges by October 1, 2013....

Law and Life in Israel: The Jewish Link of Bergen County profiles Ely Kronenberg

The following is an excerpt from a profile on Ely Kronenberg entitled “Law and Life in Israel ”, written by Tzvi Silver, in the September 18, 2013 edition of  The Jewish Link of Bergen County: “Ely Kronenberg, who clerked at Lowenstein Sandler LLP in Livingston NJ, reached out to Dov Schwell when he and his wife were on a pre-aliyah pilot trip, and...

SWA advised Omek Interactive on their Sale to Intel Corporation

SWA advised gesture recognition and tracking technology software developer Omek Interactive Ltd. on their sale to Intel Corporation (NASDAQ: INTC). The Beit Shemesh based company has raised $14 million to date. SWA previously advised Omek Interactive in its $9 million Series C financing round led by Intel Capital, Intel’s global investment organization,...