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    George Gellis
    George Gellis In Articles, Updates

    A Proposed Legislation in New York State Aims to change Employment at Will, Requiring Good Cause Before Termination of an Employee

    A recently proposed legislation in New York State aims to change a long-standing rule of employment at will, requiring good cause before an employer can…
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    George Gellis
    George Gellis In Updates

    Changes in Duty of Oversight for Officers of Delaware Corporations

    Recently, the Delaware Court of Chancery held that officers of a Delaware corporation are subject to a fiduciary duty of oversight. See In re McDonald's…
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    George Gellis
    George Gellis In Articles

    New Reporting Requirements for Owners of Closely-Held Businesses are Forthcoming in the US

    Recently, the United States Department of the Treasury proposed regulations that made it quite certain that by the end of 2022 there will be a…
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    George Gellis
    George Gellis In Articles

    IP-Related Risks As a Growing Concern for Technology and Research and Development Companies

    It is not a secret that over the past decade, IP assets have been growing in value and gradually emerging as the most valuable and…
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    George Gellis
    George Gellis In Articles

    New Tax Law Implications — Should Small Companies Convert to C-Corporations

    There is no question that the most eye-catching aspect of the recently promulgated federal tax reform is the reduction of the new maximum corporate tax rate…
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    George Gellis
    George Gellis In Articles

    New York City Regulation Banning Salary History Inquiries Takes Effect

    This is an update for all clients of our Firm that have offices or operations in New York City. Effective October 31, 2017, it is…
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    George Gellis
    George Gellis In Articles

    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…
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    George Gellis
    George Gellis In Articles

    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.…
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    George Gellis
    George Gellis In Articles

    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…
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    George Gellis
    George Gellis In Articles

    Unwitting Violations of Securities Act When Raising Initial Funds for Startups

    As most of you know, our firm works with many startups, or emerging companies, within the framework of our “Startup Stars” program.  One of the…
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    George A. Gellis
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    Gellis Law Group provides comprehensive corporate legal services to a wide spectrum of clients – from entrepreneurial startups to industry leaders, from local practices to international companies, and from innovative technology groups to high net-worth individuals on the Forbes list.

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