George A. Gellis

George A. Gellis, Esq. is a founding shareholder and managing director of the Firm. Mr. Gellis practices corporate, commercial, and international transactional law with a concentration in complex commercial negotiations, international law, corporate restructuring and health care law.

SEC filed its first ICO-related Enforcement Action in the United States

Over the past year, the issue of Initial Coin Offerings came to the forefront of attention of financial institutions and consumers alike. While there have been some developments on this front over the past five months, on September 29, 2017, the SEC filed its first ICO-related enforcement action, SEC v. REcoin Group Foundation, LLC, et al., No. 17

Amended Reporting Requirements for U.S. Taxpayers With Interest Over Foreign Financial Accounts

For all our clients who are subject to reporting of foreign bank accounts, there has been a recent change in deadlines associated with reporting requirements. The Financial Crimes Enforcement Network (FinCEN) has announced that the recently passed Surface Transportation and Veterans Health Care Choice Improvement Act changed the annual due date for filing Reports of Foreign Bank

Urgent Alert About New Federal Overtime Rules

As outsourced general counsel to most of our clients, we have to often deal with internal employment matters for our client companies.  Over the past years, overtime-pay related matters have been attracting more and more attention in a range of industries.  Yesterday, on May 18, 2016 the revised Overtime Rules were released by the federal

Guidelines for Picking a Company Name

An emerging company’s name can be as important as its product. Names, logos, and branding can have an extraordinary effect on individuals and businesses, as consumers, and can shape the marketplace so directly that a nonsensical word like “uber” can come to identify a multi-billion dollar company. Since company and product names can be so

Supreme Court decision likely to increase Trademark owners’ costs

The Supreme Court settled a divisive trademark issue in Hana Financial, Inc. v. Hana Bank, et al. The Justices decided that the legal concept of “trademark tacking” should be analyzed by a jury, in the event of a lawsuit, instead of a judge. The decision may not seem important to anyone unfamiliar with “trademark tacking,”

Employer updates for the New Year

At the turning of the calendar year, several laws affecting employers’ obligations changed, which are very important for those employers – especially small business owners – to be aware of, and comply with. Three such changes for 2015 include: wage reporting requirements; an increase in New York’s minimum wage; and exemptions from overtime pay for

Do you need to #trademark your hashtag?

Trademarking hashtags has emerged as an important topic of conversation online and amongst business owners. The conclusive decision is that hashtags can be trademarked through the United States Patent and Trademark Office (USPTO). In fact, a quick search of the US Patent and Trademark Office database shows over 200 already registered hashtags. However, the benefit