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Scarinci Hollenbeck remains committed not only to providing top-tier legal services but also to regularly providing information and resources to our client base and internet following. Client Alerts provided by our attorneys supply businesses, municipalities, and more with the latest and relevant legal updates that may impact them and how they might be able to proceed.

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Industry Professionals to Issue Report on Corporate Bankruptcy Reform

2013 has been a big year for the corporate bankruptcy market, with many big-name firms either filing for Chapter 11 protection under bankruptcy law or emerging from bankruptcy proceedings with clean balance sheets. Although many companies that have sought protection have been able to exit formal proceedings, experts say there are still a number of […]

Author: Joel R. Glucksman

January 2, 2014

Chapter 11

Tutors Often Complete School Work for Athletes

College athletics are a major business. During the 2011-12 academic year, the University of Texas football team brought in $103.8 million in revenues, which equated to $77.9 million in profit. With so much money to be made, there is a lot of pressure to keep the best players eligible. As a result, tutors may be […]

Author: Scarinci Hollenbeck, LLC

January 1, 2014

What Americans Should Know About The 2014 Tax Brackets

With only a few days left until the new year rolls in, many Americans are conducting their year-end tax planning and establishing their tax plans for 2014. The Internal Revenue Service recently released the income tax brackets for the 2014 tax year, which will be essential in helping individuals make informed decisions about their various […]

Author: James F. McDonough

January 1, 2014

Will Corporate Tax Breaks Be Enough To Keep Companies in Certain States?

States have long provided corporate tax breaks and deductions to profitable companies that agree to maintain operations within their territories. While these tax breaks can total into the millions of dollars, they may not always be a reliable way to convince some companies to stay put, a new analysis suggests. Washington state recently made history […]

Author: Scarinci Hollenbeck, LLC

November 29, 2013

Can Athletes Trademark Their Name?

Many athletes have high recognizable names. For this reason, an athlete might want to trademark their name to ensure that nobody else can profit from their likeness. How does one go about completing this process? And, is it even possible? The short answer is yes, athletes can trademark their name. Names of people, companies as […]

Author: Scarinci Hollenbeck, LLC

November 29, 2013

Sports Attorney

Judge Rules Against ResCap Noteholders, Denounces Legal Tactics

A U.S. bankruptcy judge ruled this week that a group of ResCap noteholders are not entitled to interest that has accrued on their claims since the mortgage servicer filed for bankruptcy protection last year. U.S. Bankruptcy Judge Martin Glenn denied claims made by junior secured noteholders for at least $350 million in post-petition interest. Glenn ruled that the collateral […]

Author: Joel R. Glucksman

November 29, 2013

Fontainebleau Las Vegas Likely to Reach Settlement Deal

A four-and-a-half year bankruptcy case involving the failed Fontainebleau Las Vegas casino tower may be nearing an end. A U.S. bankruptcy judge said he was inclined to approve a settlement agreement in the messy Chapter 7 bankruptcy proceedings over the $2.9 billion tower, which is considered one of the largest busts in real estate history. U.S. […]

Author: Joel R. Glucksman

November 28, 2013

Want to Know Where the Pros Are Placing Your Money? Hedge Fund Filings Now Available for Review

Hedge fund 13F filings are now available for review. These regulatory filings are noteworthy because they provide private investors a glimpse into where the professionals are placing their money. For example, Berkshire Hathaway recently released its 13F filing to the public, revealing what stocks legendary investor Warren Buffet and his team bought and sold during […]

Author: Dan Brecher

November 28, 2013

JPMorgan Offers Lesson in How Not to Use Social Media

JPMorgan Chase is not having a good month. The bank’s mortgage arm recently agreed to a record $13-billion settlement with the federal government over selling risky mortgage investments. While financial institutions can undoubtedly learn many business lessons from JPMorgan’s legal settlement, the company’s recent social media snafu has broader applicability to New York and New […]

Author: Scarinci Hollenbeck, LLC

November 27, 2013

Social Media

Tina Turner: No Longer Looking For a Job in the City

Tina Turner rose to fame, in part, on the song Proud Mary, whose lyrics begin with: “Lookin’ for a job in the city.” Recently, the Washington Post announced that Tina Turner relinquished her U.S. citizenship. Another publication stated that, for income tax purposes, there is a distinction between renouncing and relinquishing a person’s U.S. citizenship […]

Author: James F. McDonough

November 27, 2013

Concussions a Major Issue in Football

Football is a violent sport that leads to many serious injuries, such as torn ACLs and broken collarbones. But, the most serious of all might be concussions, as these can have lasting effects and seriously impact the lives of players after leaving the league. Some suffer from depression, dementia and Alzheimer’s disease as a result of their […]

Author: Scarinci Hollenbeck, LLC

November 27, 2013

New Jersey Retailers Must Ensure Safe Shopping on Black Friday

Somewhere along the way, waiting in long lines for coveted items at bargain prices became a Thanksgiving tradition. Almost all New Jersey retailers now offer some form of “Black Friday” deal. As stores and shoppers prepare for the holiday shopping rush, safety should be just as important as the sales, according to the Occupational Health […]

Author: Robert E. Levy

November 26, 2013

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