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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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Global Geophysical Services LLC files for Chapter 11 Bankruptcy Protection

Recently, Global Geophysical Services LLC, an oil sector data provider, announced that it had filed for Chapter 11 protection. According to The Wall Street Journal, two years following the the company’s emergence from previous bankruptcy, it will close operations. Global Geophysical Services falls into debt In its bankruptcy documents, Global Geophysical Services cited the historic […]

Author: Joel R. Glucksman

September 6, 2016

Did You Know About the Risks of Pokémon Go?

The Real and Hidden Risks of Pokémon Go As Pokémon Go exploded onto the software scene, the physical dangers of users walking into traffic, trespassing onto other people’s property, and even abandoning their children in search of the imaginary beasts caused alarm to many. However, these are just a few of the real risks of […]

Author: Kurt M. Watkins

September 1, 2016

Scarinci Hollenbeck

How People Get Away With Breaking the Law on TV

The reality behind breaking the law on TV Reality television participants don’t always stroll on the right side of the law, but, lucky for them, they’re not going to get arrested for breaking the law on tv if the police fail to show up before they leave. The reality show business sees the emerging marijuana […]

Author: Anthony R. Caruso

August 31, 2016

What You Must to Know About Grand Jury Immunity

Understanding Grand Jury Immunity Being indicted for a white-collar crime can be financially and professionally devastating. Therefore, it is imperative to avoid any potential missteps once you discover you may be the target of a federal investigation. Responding to grand jury investigations can be particularly challenging which is why it is important to thoroughly understand […]

Author: Robert E. Levy

August 30, 2016

Scarinci Hollenbeck

What You Need to Consider When Selling Company Stock

Filing Requirements When Selling Company Stock In many cases, start-ups and other small businesses are selling company stock without registering with the Securities and Exchange Commission (SEC) or state regulatory authority. However, the key question is whether the offering qualifies for one of several exemptions from registration under the federal Securities Act of 1933 or state […]

Author: Dan Brecher

August 29, 2016

Last Call Guarantor LLC files for Chapter 11 Bankruptcy Protection

Recently, Last Call Guarantor LLC, parent company of the national Fox & Hound restaurant chain, announced that it had filed for Chapter 11 Bankruptcy protection. According to The Wall Street Journal, the company’s reorganization plan calls for closing a portion of its restaurant locations and engaging in negotiations with creditors to reduce its remaining debt load. […]

Author: Joel R. Glucksman

August 26, 2016

IRS Proposes New Tax Status Regulations on Non-qualified Deferred Compensation Plans

Recently, the IRS proposed new tax status regulations related to the Section 457(f) non-qualified deferred compensation plans offered by tax exempt employers. Proposed regulations The goal of the proposal was to clearly define which deferred and actual amounts the IRS will tax as income following the lapse of the risk of forfeiture. A Spencer Fane LLP report found […]

Author: Frank L. Brunetti

August 25, 2016

Why the Trans-Pacific Partnership Could Be Good for Filmmakers

The embattled Trans-Pacific Partnership certainly has its share of detractors, but it seems Hollywood is not one of them. In fact, the film industry could benefit from the free trade deal if it is approved by the governments of the 12 member nations. Mixed feelings towards the Trans-Pacific Partnership TPP has been magnet for controversy. It […]

Author: Anthony R. Caruso

August 25, 2016

Agreement to Agree is Not Enforceable in NY

Is this the end of agreement to agree in New York? A recent New York court decision highlights that letters of intent can often lead to messy breach of contract lawsuits – especially when it comes to the concept of agreement to agree. As the appeals court highlighted in New York Military Academy v. NewOpen Group, […]

Author: Dan Brecher

August 25, 2016

Atlas Resources Files for Chapter 11 Bankruptcy Protection

Oil and gas producer Atlas Resource Partners LP recently announced that it had filed for Chapter 11 bankruptcy protection, according to Bloomberg. Its reorganization plan calls for Atlas Resources to remove $900 million in debt and cut $80 million in interest costs. Atlas Resources spirals into debt Atlas Resources claimed in its recent financial statement that the […]

Author: Joel R. Glucksman

August 24, 2016

Law Firm Expands New Jersey Litigation Group

Joseph H. Tringali Joins Scarinci Hollenbeck’s New Jersey Litigation Group as Counsel Lyndhurst, New Jersey, August 24, 2016 – Scarinci Hollenbeck is pleased to welcome Joseph H. Tringali, who has joined the firm’s New Jersey litigation practice group as Counsel. Tringali brings impressive skills and substantial experience serving clients in the areas of commercial litigation, white collar […]

Author: Scarinci Hollenbeck, LLC

August 23, 2016

What You Need to Know About Exclusive Use Clauses in NJ Real Estate

Exclusive use clauses & their role in New Jersey commercial real estate Exclusive use clauses are frequently found in New Jersey commercial leases, particularly standard contracts for retail space. Therefore, it is imperative for commercial tenants and landlords to understand the potential legal implications. In basic terms, an exclusive use provision in a commercial real […]

Author: Victor E. Kinon

August 23, 2016

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