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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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The Accidental American

The imposition of penalties asserted against holders of undeclared offshore accounts has received much attention. Coupled with criminal prosecutions, including foreign banks, such as Credit Suisse and two of its bankers, should convince American citizens of the importance of compliance. The compliance obligation also applies to resident aliens and this is not surprising. The untold […]

Author: James F. McDonough

March 30, 2015

Could Your Online Job Application Lead to an FCRA Violation?

In the digital age, it makes sense to post job openings and allow prospective employees to complete a online job application. After all, most job searches are conducted on the Internet. However, many companies are learning that online job applications can lead to unforeseen liability, particularly when it comes to employee background checks. Dollar General […]

Author: Robert E. Levy

March 30, 2015

How many NSA does it take to anger Wikimedia?

Apparently just one. That’s it. The buttons have been pushed and the lawsuit is filed. According to Wikimedia’s recent Blog posting, it referenced its intent to file a lawsuit against the National Security Agency (NSA) and the Department of Justice (DOJ), captioned Wikimedia Foundation, et al. v. National Security Agency/Central Security Service, et al., U.S. […]

Author: Scarinci Hollenbeck, LLC

March 26, 2015

Cyber Lawyer

So, What Are NFL Scouts Looking For Anyway?

The NFL Scouting Combine is a crucial opportunity for teams to get a look at the players who intend to make the leap from college to the professional level, and NFL scouts are looking at things most people wouldn’t even consider. Though the NFL Combine is over, various evaluations are ongoing leading up to the […]

Author: Scarinci Hollenbeck, LLC

March 26, 2015

Bankruptcy Judge Postpones Revel Hotel and Casino Ruling Once Again

Revel Hotel and Casino has repeatedly encountered challenges finding a buyer, and these difficulties persisted after a U.S. Bankruptcy Court Judge decided March 13 that she cannot approve a proposed $82 million agreement to sell the property – this time involving a Florida developer. The troubled hotel and casino has suffered a string of failed […]

Author: Joel R. Glucksman

March 26, 2015

Even Company Officers Can Blow the Whistle on Securities Fraud

Highlighting that anyone can become a whistleblower on securities fraud under the right circumstances, the Securities and Exchange Commission (SEC) recently announced that it plans to award between $475,000 and $575,000 to a former company officer. As previously discussed on the Scarinci Hollenbeck Business News Blog, the SEC’s whistleblower program provides financial incentives to individuals […]

Author: Robert A. Marsico

March 26, 2015

Corporate Directors Struggling to Address Moving Targets

Ever wonder what keeps corporate directors awake at night? NYSE Governance Services recently released its annual What Directors Think Survey, which sheds light on the challenges facing the boardroom as well as what corporate directors are doing to manage risk. The report, which was prepared in conjunction with consulting firm Spencer Stuart, surveyed nearly 500 […]

Author: Scarinci Hollenbeck, LLC

March 25, 2015

NC Senate Proposes Reducing Corporate Income Tax

On March 18, North Carolina lawmakers introduced an economic development plan that aims to make the state more competitive through reducing corporate income tax rates and enacting other reforms. In addition to reducing corporate income tax rates, the proposal would simplify the method used to calculate their tax liability and provide incentives for manufacturers to invest in the […]

Author: Scarinci Hollenbeck, LLC

March 25, 2015

Foreign Real Estate Investors Flocking to the United States

The United States has regained its ranking as the world’s largest real estate investment market, according to Cushman & Wakefield’s annual global capital markets report International Investment Atlas. Globally, real estate investment fell in 2014; however, the decline is solely attributed to decreased land sales in China. Overall, investment in real estate in the United […]

Author: Scarinci Hollenbeck, LLC

March 24, 2015

Will 'Blurred Lines' Lawsuit Change Music?

The family members of the late Marvin Gaye seem as though they’re not quite as happy as they should be following a victorious copyright infringement suit over Robin Thicke and Pharrell’s hit song “Blurred Lines”. Rumors have been swirling regarding the outcome of the lawsuit, which has many experts worried that the concept of copyright in music […]

Author: Scarinci Hollenbeck, LLC

March 24, 2015

Federal Judge Declares Examiner Must Look Into Caesars Asset Transfers

A U.S. bankruptcy judge decided March 12 that an independent examiner must investigate transactions that involve one of Caesars Entertainment Corp’s operating units. Earlier this year, Caesars Entertainment Operating Co. filed for Chapter 11 bankruptcy protection, but before taking this legal action, it participated in several intercompany deals, according to Reuters. Before the company filed to obtain protection from its […]

Author: Joel R. Glucksman

March 24, 2015

House Committee To Vote On Estate Tax Repeal

The House Committee plans to vote on legislation that would repeal the federal estate tax during the week starting Monday, March 23. The group of lawmakers will consider such a move after Rep. Kevin Brady (R-Texas) introduced the Death Tax Repeal Act of 2015 in February, according to Accounting Today. Estate tax proposal While opponents of the […]

Author: James F. McDonough

March 23, 2015

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