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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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LGBT Scholarship Awarded to Second-Year Law Student

The Scarinci Hollenbeck Scholarship Is the First to Initiate a Diverse LGBT Scholarship Opportunity Lyndhurst, N.J., June 11, 2014 – New Jersey-based law firm Scarinci Hollenbeck is proud to announce that Ryann Aaron of Rutgers School of Law is the May 2014 recipient of its annual, statewide LGBT scholarship. Sponsored by the New Jersey State […]

Author: Scarinci Hollenbeck, LLC

June 10, 2014

LGBT Scholarship

PIX11 MORNING SHOW DISCUSSES LEGAL IMPACT OF NCAA LAWSUIT SEEKING PLAYER PROFIT WITH SPORTS ATTORNEY ANTHONY R. CARUSO

Ed O’Bannon’s NCAA Lawsuit at Center of Discussion New York, NY, June 10, 2014 – Anthony R. Caruso, Esq., partner and chair of the Sports, Media & Entertainment Law Group of Scarinci Hollenbeck LLC, appeared Monday, June 9, 2014, on the Morning Show for PIX Channel 11 TV/CNN with former college player Frank Corbett in […]

Author: Scarinci Hollenbeck, LLC

June 10, 2014

Don’t Have Steve Ballmer’s Money? How to Avoid Overpaying When Buying a Business

Experts largely agree that Steve Ballmer overpaid for the Los Angeles Clippers. The former Microsoft executive paid a record $2 billion for the franchise. By comparison, the Milwaukee Bucks sold for $550 million earlier this year. On paper, the Clippers are not worth the high price tag. In fact, Forbes estimated the value of the […]

Author: Dan Brecher

June 10, 2014

Sbarro Successfully Exits Bankruptcy

The popular Sbarro pizza chain is officially out of bankruptcy after filing for protection under Chapter 11 of the bankruptcy law last March, according to NBC News. A judge approved the company’s reorganization plan May 19, to take effect June 2, according to the news source. Sbarro has said that it will move its company […]

Author: Joel R. Glucksman

June 10, 2014

Chapter 11

California CEO Tax Bill Stalls In State Senate

A California measure that would have tied the state tax rate on publicly traded companies to the ratio between the CEO’s salary and that of the median worker stalled in the state’s Senate, according to the Associated Press. The measure would have decreased the tax rate in the state – currently 8.84 percent of net […]

Author: Scarinci Hollenbeck, LLC

June 9, 2014

California

Could an Automatic Contract Renewal Land Your Business in Hot Water?

If your business includes automatic renewal provisions in your service contracts, you could be setting yourself up for unintended liability. States across the country are increasingly passing legislation that limits or conditions the use of such provisions. Automatic contract renewal clauses typically state that a service will automatically be renewed for a specified price on […]

Author: Robert A. Marsico

June 9, 2014

New York Business Regulations

Is Your Office Empty on Fridays? How to Deter Sick Leave Abuse

With warm and sunny weather finally arriving to the East Coast, business owners and managers may notice that their offices seem a bit emptier on Fridays and Mondays. While most employees take vacation time to legitimately lengthen the weekend, some will attempt this through abuse of sick time instead. If you need proof, we invite […]

Author: Scarinci Hollenbeck, LLC

June 6, 2014

IRS Will Revise Rules Governing Nonprofit Groups’ Political Activity

The Internal Revenue Service (IRS) has announced that it will revise, without holding a public hearing, the proposed rules governing nonprofit groups’ involvement in politics. The rules, released last year, attempted to provide guidance for the political activity groups organized under section 501(c)(4) of the U.S. tax code could take without risking the loss of […]

Author: James F. McDonough

June 5, 2014

FTC Releases Report on Data Brokers

Data brokers are businesses that collect consumers’ personal information and resell or share that information with others. Data brokers are important participants in the Big Data economy. After its lengthy investigation of the data-broker industry concluded, the Federal Trade Commission (FTC) released its report titled “Data Brokers: A Call For Transparency and Accountability.” The report […]

Author: Scarinci Hollenbeck, LLC

June 4, 2014

Pfizer, AstraZeneca deal may be dead in the water

Tax inversions have been covered heavily in financial media in recent months, causing a significant stir of public opinion regarding corporate tax rates and some discussion of government action. One of the most significant inversions to be considered is the one between Pfizer, the second largest global pharmaceutical company, and AstraZeneca, the eighth, according to […]

Author: James F. McDonough

June 4, 2014

Why An Estate Plan is Important for Married Couples Too

Far too many married couples fail to make an estate plan because they imagine that the surviving spouse can deal with passing on their shared possessions. In reality, proper estate planning should begin long before either spouse passes away, if you hope to minimize your tax liability and accomplish your financial and non-financial goals. We’ve […]

Author: Scarinci Hollenbeck, LLC

June 2, 2014

BP is Heading to the Supreme Court

BP has announced it will take the battle over its multibillion-dollar Gulf of Mexico oil spill settlement to the U.S. Supreme Court. In the meantime, BP has asked the U.S. Court of Appeals in New Orleans to keep the payment of some claims on hold while it appeals the claims process, arguing it could be […]

Author: Robert E. Levy

June 2, 2014

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