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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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    Costco Facing IP Lawsuit Over Tiffany Rings post image

    Costco Facing IP Lawsuit Over Tiffany Rings

    Although the signature little blue box may have been missing, Tiffany and Co. has filed a lawsuit against Costco Wholesale Corp. for selling “counterfeit” engagement rings. The federal lawsuit, currently pending in New York, alleges trademark infringement, dilution, counterfeiting, unfair competition, injury to business reputation, false and deceptive business practices and false advertising. According to […]

    Author: Scarinci Hollenbeck, LLC

    Link to post with title - "Costco Facing IP Lawsuit Over Tiffany Rings"
    Bankrupt Company Leaves Weapons Arsenal post image

    Bankrupt Company Leaves Weapons Arsenal

    A U.S. Bankruptcy Court is treading carefully on a Chapter 7 bankruptcy liquidation that will leave behind a large cache of weapons. Seattle-based company Advanced Interactive Systems recently sought bankruptcy law protection under Chapter 7 of the Bankruptcy Code. The company owns a number of shooting ranges and also trains security professionals, and as a […]

    Author: Joel R. Glucksman

    Link to post with title - "Bankrupt Company Leaves Weapons Arsenal"
    Puerto Rico Entices Wealthy Americans With Chance to Avoid IRS Scrutiny post image

    Puerto Rico Entices Wealthy Americans With Chance to Avoid IRS Scrutiny

    Puerto Rico is categorized as an unincorporated territory of the United States, and this designation has facilitated its current efforts in appealing to wealthy Americans and corporations. The small island has launched a campaign encouraging wealthy individuals to relocate to shield future income from the Internal Revenue Service without giving up their passports, according to Bloomberg […]

    Author: Scarinci Hollenbeck, LLC

    Link to post with title - "Puerto Rico Entices Wealthy Americans With Chance to Avoid IRS Scrutiny"
    Detroit to Appoint an Emergency Manager post image

    Detroit to Appoint an Emergency Manager

    Michigan Gov. Rick Snyder announced Thursday at a news conference in Detroit that he was committed to sending an emergency manager to oversee Detroit’s finances as the city struggles to avoid seeking bankruptcy law protection under Chapter 9 of the Bankruptcy Code. Snyder will recommend the appointment of bankruptcy lawyer Kevyn Orr as the emergency […]

    Author: Joel R. Glucksman

    Link to post with title - "Detroit to Appoint an Emergency Manager"
    Drop in Venture Capital Means More Competition for Start-Ups Seeking Funding post image

    Drop in Venture Capital Means More Competition for Start-Ups Seeking Funding

    Young, emerging growth companies looking to venture capital firms as an alternative to more traditional debt financing sources may experience stiffer competition. VC investments declined for the first time in three years, according to a recent MoneyTree Report by PricewaterhouseCoopers LLP and the National Venture Capital Association (NVCA). Overall, venture capitalists invested $26.5 billion in […]

    Author: Dan Brecher

    Link to post with title - "Drop in Venture Capital Means More Competition for Start-Ups Seeking Funding"
    MLB Lawsuit May Inadvertently Target Players post image

    MLB Lawsuit May Inadvertently Target Players

    MLB Lawsuit Against BioGenesis Major League Baseball’s recent lawsuit against Florida clinic BioGenesis may have unintended consequences for players, a new report shows. MLB is currently suing the clinic for allegedly providing banned performance-enhancing drugs to the league’s players, a heavy sports law violation. Court documents show that MLB believes BioGenesis owner Anthony Bosch gave illicit […]

    Author: Scarinci Hollenbeck, LLC

    Link to post with title - "MLB Lawsuit May Inadvertently Target Players"
    Pflueger Cleared of Tax Fraud Charges post image

    Pflueger Cleared of Tax Fraud Charges

    A U.S. District Court acquitted Jimmy Pflueger, an 87-year-old retired auto dealer, of four federal tax fraud charges. Pflueger, who founded a string of dealerships, was charged with several tax law violations, including filing false tax returns, hiding roughly $15 million in offshore Swiss bank accounts, and failing to pay roughly $27.5 million in taxes […]

    Author: Scarinci Hollenbeck, LLC

    Link to post with title - "Pflueger Cleared of Tax Fraud Charges"
    Geokinetics Files for Chapter 11 Bankruptcy Protection post image

    Geokinetics Files for Chapter 11 Bankruptcy Protection

    Geokinetics, a provider of seismic data, has filed for bankruptcy law protection under Chapter 11 of the Bankruptcy Code in Wilmington, Delaware. The voluntary bankruptcy will help the company accomplish its previously announced financial restructuring. The Houston-based corporation listed $12 million in assets and $351 million in liabilities. However, an agreement with the holders of […]

    Author: Joel R. Glucksman

    Link to post with title - "Geokinetics Files for Chapter 11 Bankruptcy Protection"
    NJ Business Litigation Decision Highlights Broad Reach of Full Faith and Credit Clause post image

    NJ Business Litigation Decision Highlights Broad Reach of Full Faith and Credit Clause

    A recent business litigation decision highlights that the full faith and credit clause can make it very difficult to challenge the enforcement of a judgment rendered outside of New Jersey. The case specifically involved an Iowan judgment where the exertion of personal jurisdiction over defendant, with no contact with Iowa, was based on a “floating […]

    Author: Robert E. Levy

    Link to post with title - "NJ Business Litigation Decision Highlights Broad Reach of Full Faith and Credit Clause"
    New Jersey Legalizes Daily Fantasy Sports Betting at Casinos post image

    New Jersey Legalizes Daily Fantasy Sports Betting at Casinos

    Weeks following a court decision that blocks legal sports betting in New Jersey, the state has chosen to offer daily fantasy sports betting in Atlantic City casinos as an alternative. The state Division of Gaming Enforcement announced that the pilot program will begin April 22, and casinos will be permitted to offer fantasy sports tournaments […]

    Author: Scarinci Hollenbeck, LLC

    Link to post with title - "New Jersey Legalizes Daily Fantasy Sports Betting at Casinos"
    Trustee Wants to Auction Grand Casino Boat and Contents post image

    Trustee Wants to Auction Grand Casino Boat and Contents

    The bankruptcy trustee overseeing the Chapter 7 liquidation of the Mississippi-based Grand Station Casino has submitted a request to auction off the famous casino boat and most of its inventory. Trustee Stephen Smith asked the court for permission to have the vessel auctioned off with all moveable equipment, including furniture, office equipment, a lift, food and […]

    Author: Joel R. Glucksman

    Link to post with title - "Trustee Wants to Auction Grand Casino Boat and Contents"
    IRS Clamps Down on Companies that Misclassify Workers post image

    IRS Clamps Down on Companies that Misclassify Workers

    Tax season is officially here, and business owners with independent contractors and employees should not misclassify workers to avoid attracting the ire of the Internal Revenue Service. In an effort to close the tax gap and ensure full compliance with federal tax law, the IRS is focusing more closely on business tax returns and, specifically, […]

    Author: Scarinci Hollenbeck, LLC

    Link to post with title - "IRS Clamps Down on Companies that Misclassify Workers"

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