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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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Will Banks’ Latest Round of Dodd-Frank Resolution Plans Pass Muster?

The requirement that large banks submit written plans for rapid and orderly resolution in bankruptcy in the event of financial failure is a key feature of the federal government’s plan to keep the 2008 financial crisis from repeating. However, many banks still need to fine-tune their resolution plans, according to federal regulators. Under the Dodd-Frank […]

Author: Robert A. Marsico

November 22, 2013

Financial Regulations

U.S. Officials Granted Access to Bank Records in Tax Evasion Probe

A federal judge granted a request made by government officials to obtain the account data and identifying information of American banking clients suspected of committing tax law violations through offshore accounts managed by the Bank of N.T. Butterfield & Son. Butterfield currently has several offices throughout the Caribbean and Switzerland, and officials have long suspected […]

Author: Frank L. Brunetti

November 22, 2013

Offshore Tax Evasion

Fitch: Stockton Bankruptcy Likely To Affect Future Municipal Bankruptcy Negotiations

A new analysis asserts that court approval of Stockton, California’s plan of reorganization under Chapter 9 of the bankruptcy law could have far-reaching implications for future municipal bankruptcy cases, particularly with regard to labor negotiations. Fitch Ratings recent report, “Stockton Bankruptcy Perspectives,” discusses the ways in which negotiations among labor unions, employees, bondholders, and taxpayers […]

Author: Joel R. Glucksman

November 22, 2013

College Sports Recruiting Has Now Targeted Grade School

Sports programs have become increasingly profitable for colleges and universities in recent years, which has led many schools to begin targeting top athletes as early as grade school. There is currently no rule in place that prevents colleges and universities from recruiting kids this age, but this could become a major topic of conversation in the near […]

Author: Anthony R. Caruso

November 22, 2013

Atlantic Club Casino Seeks Bankruptcy Protection

The Atlantic Club Casino Hotel recently announced that it has filed for protection under Chapter 11 of the bankruptcy law, and that it plans to seek bids from potential buyers over the coming weeks. The company, which filed bankruptcy proceedings in the U.S. Bankruptcy Court in Camden, N.J., hopes to be sold at a bankruptcy auction […]

Author: Joel R. Glucksman

November 21, 2013

Paralegal Association of New Jersey Invites eDiscovery Attorney to be Keynote Speaker

Scarinci Hollenbeck Partner Fernando Pinguelo Addressed eDiscovery Trends in Civil Proceedings at General Membership Meeting. Lyndhurst, NJ, November 20, 2013 – Fernando M. Pinguelo, a Partner at Scarinci Hollenbeck Attorneys at Law, and Chair of the law firm’s Cyber Security & Data Protection practice group, addressed E-Discovery trends in Civil Proceedings at the general membership […]

Author: Scarinci Hollenbeck, LLC

November 20, 2013

Adobe Facing Class Action Over Data Breach

Adobe Systems, Inc. is one of the latest to face a class action lawsuit related to a wide-scale data breach. Hackers reportedly gained access to sensitive customer information for users of Adobe’s popular software programs, such as Photoshop and InDesign. The stolen data included personal information, passwords, and credit card numbers. The class-action suit, filed […]

Author: Fernando M. Pinguelo

November 20, 2013

Can You Trademark Your Name?

Athletes, celebrities and other well-known people have recognizable names. For this reason, other parties may try to profit from their likeness. In response, famous people may want to trademark their name, but is this possible? If the Trademark Office views a name as “distinctive,” it can, in fact, be trademarked. Celebrities can hire an entertainment […]

Author: Anthony R. Caruso

November 20, 2013

Twitter Tax Break Deal May Cost San Francisco Millions

Twitter’s initial public offering has been a boon for investors, but a tax deal agreement the company negotiated with San Francisco may end up costing the city millions of dollars in the future. Twitter recently forged a unique agreement with San Francisco, whereby the company would keep its headquarters in the city in exchange for lucrative […]

Author: Scarinci Hollenbeck, LLC

November 20, 2013

Initial Public Offering

Appeals Court Refuses to Extend “Mode of Operation” Doctrine in NJ Premises Liability Case

In good news for New Jersey businesses, the Appellate Division of the New Jersey Superior Court recently held that a Quick Chek was not liable for a customer’s injuries after she slipped on a phone card while exiting the store. The court refused to extend the “mode of operation” doctrine, which makes it easier to […]

Author: Scarinci Hollenbeck, LLC

November 19, 2013

Creditors Set To Vote On Patriot Coal Bankruptcy Exit Plan

Patriot Coal Corp. announced that it is currently on pace to emerge from protection under Chapter 11 of the bankruptcy law by the end of the year. The announcement follows a U.S. Bankruptcy Court’s ruling approving the company’s disclosure statement and allowing the company to solicit votes from its various classes on creditors on the […]

Author: Joel R. Glucksman

November 19, 2013

Treasury Adjusts Flexible Spending Account 'Use It Or Lose It' Provision

Flexible spending accounts have historically been less popular with Americans than health savings accounts Flexible spending accounts have historically been less popular with Americans than health savings accounts, due to a “use it or lose it” provision that requires account holders to forfeit any unused balances at the end of their plan year. However, a […]

Author: Frank L. Brunetti

November 18, 2013

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