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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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US Trustee Nominates Examiner for Caesar's Bankruptcy Proceeding

On March 23, a U.S. trustee requested that a judge approve a former Watergate prosecutor to serve as an examiner for Caesar’s Bankruptcy proceedings. This operating unit of Caesars Entertainment Corp. filed for Chapter 11 bankruptcy protection earlier this year, but only after participating in several transactions that drew substantial scrutiny, according to Reuters. Need […]

Author: Joel R. Glucksman

April 7, 2015

Could the SEC’s New Regulation A+ Benefit Your Company?

The Securities and Exchange Commission (SEC) recently adopted new regulations designed to provide small businesses with greater access to capital. The new rules, dubbed “Regulation A+,” expand Regulation A, which currently exempts from registration securities offerings of up to $5 million in a 12-month period. The JOBS Act mandated that the SEC update and expand […]

Author: Dan Brecher

April 6, 2015

Sued for defamation? Try going with the "ditzy defense"

Just so everyone is clear: No, microwaves do not zap the nutrition out of food. But that assertion in the movie”American Hustle” has spawned a defamation lawsuit, and, in turn, what has been referred to as “the ditzy defense.” The microwave that sparked a lawsuit In the 2013 film a character played by Jennifer Lawrence, […]

Author: Scarinci Hollenbeck, LLC

April 6, 2015

Reforming Federal Taxes Efforts Could Be Building Momentum

The desire to reform federal taxes has managed to generate substantial momentum, an InvestmentNews opinion piece asserted. The piece, which was published March 15, went live after President Barack Obama, Rep. Dave Camp (R-Michigan) and Sens. Marco Rubio (R-Florida) and Mike Lee (R-Utah) proposed different plans for revising the federal tax structure. These proposals all […]

Author: Scarinci Hollenbeck, LLC

April 6, 2015

Economist Weighs In On Governor of Maine's 2016-2017 Budget

Dick Woodbury, a Harvard-educated economist and former state senator, recently offered his opinion on the Governor of Maine’s 2016-2017 budget proposal. The top state official has proposed overhauling a wide range of tax policies, with lowering income taxes for residents and corporations a major focus. Push to reduce income tax burden LePage has repeatedly made […]

Author: Scarinci Hollenbeck, LLC

April 3, 2015

Yellow Cab Owner Files For bankruptcy Following $26 Million Verdict

The company that owns and operates Yellow Cab filed for bankruptcy March 18, after a jury in Cook County, Illinois, awarded a nearly $26 million verdict to a plaintiff who pursued legal action following a car accident in 2005. Yellow Cab presents itself as the oldest and largest taxi cab company in North America, according […]

Author: Joel R. Glucksman

April 2, 2015

Does Your Employee Handbook Pass Muster?

Employers frequently adopt an employee handbook that, despite attempts to provide aspects that distinguish the effort as being personal to that employer, follow well-worn scripts reflecting “conventional wisdom.” Such reliance on well-worn text is being undermined by the recent actions of the National Labor Relations Board’s (NLRB) Office of the General Counsel which recently published […]

Author: Scarinci Hollenbeck, LLC

April 2, 2015

Gov. Paul LePage Proposes Corporate Income Tax Reform In Latest Budget

Earlier this year, Maine Gov. Paul LePage released his 2016-2017 budget proposal. This document contained several suggested reforms, including a change in the state’s corporate income tax policy. LePage has argued that currently, the state’s tax policy puts it at a disadvantage and makes it less competitive compared to not only states in New England, […]

Author: Scarinci Hollenbeck, LLC

April 1, 2015

Scarinci Hollenbeck

Similarities With Movie Villain Drive Russian Tycoon To Threaten Lawsuit

Sergei Polonsky, a property tycoon, has threatened to sue 20th Century Fox for $1 billion because of a recently-released movie villain’s notable similarities to himself. He’s not making them up either. The main villain the in the Russian-language rework “Neulovimye” (Uncatchable) is named Sergei Polyansky. The character is a wealthy businessman, according to the Moscow […]

Author: Scarinci Hollenbeck, LLC

April 1, 2015

Revel hearings postponed by request of parties in lawsuit

The Revel hearings were delayed March 16, shortly after multiple parties expressed an interest in revisiting a recent court ruling after a federal judge refused to authorize an $82 million sale. The troubled company has repeatedly failed to negotiate a transaction after filing for Chapter 11 bankruptcy in June. Series of failed deals Multiple potential […]

Author: Joel R. Glucksman

March 31, 2015

U.S. Supreme Court Asked to Review a Controversial New Jersey Arbitration Decision

A California debt collector is challenging the Supreme Court of New Jersey Arbitration Decision regarding the enforceability of arbitration clauses in consumer contracts. U.S. Legal Services Group has petitioned the U.S. Supreme Court to determine whether the New Jersey arbitration decision conflicts with the Federal Arbitration Act (FAA). The Legal Background As previously discussed on […]

Author: Joel N. Kreizman

March 31, 2015

Don't Pull A TufAmerica & Sue When You Don't Have The Right To

How about making a song that samples Mike D and Ad-Rock’s probably exuberant reactions after the judge threw out TufAmerica’s lawsuit against them? The Beastie Boys’ landmark 1989 album Paul’s Boutique made pretty heavy use of samples, and did so without permission. While the music from the album is considered revolutionary, the methods used to […]

Author: Scarinci Hollenbeck, LLC

March 30, 2015

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