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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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ClearEdge may file for protection post image

ClearEdge may file for protection

Fuel-cell manufacturer ClearEdge Power may file for protection under the bankruptcy law, South Windsor Town Manager Matthew B. Galligan told Hartford Business. The company called Galligan the afternoon of April 24, telling him that backers were looking to exit the fuel-cell business, either through a bankruptcy or sale. Fuel-cells are not used in many real-world applications as of yet, […]

Author: Joel R. Glucksman

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NCAA Takes Hit in O'Bannon Lawsuit post image

NCAA Takes Hit in O'Bannon Lawsuit

Former UCLA basketball star, Ed O’Bannon, recently filed an anti-trust lawsuit against the NCAA He is claiming the organization is violating anti-trust laws by limiting what athletes can receive for competing. O’Bannon says it is unfair that the NCAA can sell television rights and likeness of athletes to video game manufacturers without paying players. If […]

Author: Scarinci Hollenbeck, LLC

Link to post with title - "NCAA Takes Hit in O'Bannon Lawsuit"
Marijuana tax revenue lower than forecast so far post image

Marijuana tax revenue lower than forecast so far

One of the strongest cases for the legalization of marijuana in Colorado was the untapped business tax revenue that might be had by states that allowed the drug to be sold. However, officials in the state are now scaling back first-year estimates for total sales and business tax revenue from the $1 billion in sales for […]

Author: Scarinci Hollenbeck, LLC

Link to post with title - "Marijuana tax revenue lower than forecast so far"
Do you have a “Special Relationship” With An Insurance Broker? post image

Do you have a “Special Relationship” With An Insurance Broker?

New York’s highest court has confirmed that insurance brokers may be held liable to their customers for failure to obtain proper insurance coverage. The case, decided by a 4-3 vote, is Voss v. Netherlands Insurance and CH Insurance Brokerage Services (2014-01259 (N.Y. Feb. 25, 2014). Case history The two lower courts granted summary judgment in […]

Author: Scarinci Hollenbeck, LLC

Link to post with title - "Do you have a “Special Relationship” With An Insurance Broker?"
Possible Pfizer inversion raises questions among lawmakers post image

Possible Pfizer inversion raises questions among lawmakers

U.S.-based pharmaceutical company Pfizer has offered to buy British competitor AstraZeneca for $99 billion, according to The New York Times. In buying the company and moving its headquarters to Britain, Pfizer could avoid U.S. corporate tax liability on its income outside of the the country. Currently, the company pays an effective tax rate of approximately […]

Author: James F. McDonough

Link to post with title - "Possible Pfizer inversion raises questions among lawmakers"
Rihanna Sued for Defamation by Former Bodyguard post image

Rihanna Sued for Defamation by Former Bodyguard

Rihanna is known for her chart-topping hit songs, such as “Umbrella” and “What’s My Name,” but the pop singer has found herself in legal trouble, as her former bodyguard is suing for defamation. Geoffrey Keating claims the popstar made “nauseatingly offensive” and false statements about him in an email sent to him and his wife […]

Author: Scarinci Hollenbeck, LLC

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GSE Environmental files for bankruptcy after posting losses post image

GSE Environmental files for bankruptcy after posting losses

GSE Environmental Inc. and its affiliates filed for protection under Chapter 11 of the bankruptcy law May 4, according to Reuters. GSE makes spill containment products, including geosynthetic lining, for the waste management, water and mining sectors. In a court filing, the company listed assets of between $100 million and $500 million, and liabilities within the […]

Author: Joel R. Glucksman

Link to post with title - "GSE Environmental files for bankruptcy after posting losses"
New Jersey Senate Passes Two Gun-Control Bills post image

New Jersey Senate Passes Two Gun-Control Bills

Despite strong opposition from gun-rights activists alleging violations of the Second Amendment rights, the New Jersey Senate has given its final legislative approval to two gun-control measures. The first bill (S2006), was passed in a 22-17 vote in the Senate. It was passed in March by the Assembly in a 46-31 vote. It proposes to […]

Author: Scarinci Hollenbeck, LLC

Link to post with title - "New Jersey Senate Passes Two Gun-Control Bills"
States where cannabis is grown legally resist Sessions' warning letters post image

States where cannabis is grown legally resist Sessions' warning letters

When you are raising funds for your start-up business, you most likely are pitching your business proposal to Angel Investors. It is important to do your due diligence regarding what size and type of investments they prefer, at what point of development do they typically invest in a company, and other factors that may impact your […]

Author: Dan Brecher

Link to post with title - "States where cannabis is grown legally resist Sessions' warning letters"
Mt. Gox creditors ask judge to approve settlement post image

Mt. Gox creditors ask judge to approve settlement

The U.S. creditors of the now-defunct Mt. Gox bitcoin exchange have asked a U.S. judge to approve a proposed settlement that would revive the company, according to Bloomberg. The settlement would still have to be approved by the Japanesebankruptcy court overseeing the company’s liquidation, but would return some money to depositors and resolve claims against […]

Author: Joel R. Glucksman

Link to post with title - "Mt. Gox creditors ask judge to approve settlement"
Wrongful Death Lawsuit Filed in 'Tough Mudder' Incident post image

Wrongful Death Lawsuit Filed in 'Tough Mudder' Incident

The “Tough Mudder” is a popular race, with obstacles such as rope ladders and muddy army crawls. If something goes wrong, these events could become dangerous, which is exactly what happened in West Virginia. According to the Marietta Times, a male drowned last year on a Tough Mudder course and so his mother recently filed a […]

Author: Scarinci Hollenbeck, LLC

Link to post with title - "Wrongful Death Lawsuit Filed in 'Tough Mudder' Incident"
Missouri Governor: Tax bill flawed post image

Missouri Governor: Tax bill flawed

The Missouri House of Representatives has sent Gov. Jay Nixon another tax-cut bill, according to the Joplin Globe. This one is worth $620 million, and if enacted, would phase in a cut on income taxes for individuals in the top bracket by 0.5 percent and a deduction of 25 percent for business income on personal […]

Author: Scarinci Hollenbeck, LLC

Link to post with title - "Missouri Governor: Tax bill flawed"

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