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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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International Cyber Attorney to Speak at ABA Brazil Conference

Scarinci Hollenbeck Partner Fernando Pinguelo to Join Esteemed Panel at the New Perspectives for Latin America Conference in São Paulo, Brazil Lyndhurst, NJ, August 23, 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, will join a […]

Author: Scarinci Hollenbeck, LLC

August 23, 2013

Terminating an Employee Without Damaging Your Company’s Reputation

Recently, the termination of an AOL employee made the news headlines. The controversy was occasioned when Chief Executive Officer Tim Armstrong fired a staff member during a conference call attended by over 1,000 other employees. This incident understandably raises many questions about the proper way to end an employment relationship without creating unnecessary legal and […]

Author: Gary S. Young

August 23, 2013

John Hancock Loses $560 Million Tax Lawsuit

The U.S. Tax Court recently ruled against the John Hancock Life Insurance Co. in a tax lawsuit involving hundreds of millions in deductions, Bloomberg News reports. The court opposed John Hancock’s argument that tax deductions on a series of leveraged lease transactions – including depreciation, rental and interest expense, and transaction costs – amounting to $560 million were […]

Author: Scarinci Hollenbeck, LLC

August 23, 2013

Are Unpaid Internships Coming to an End?

In what has raised more questions about the legality of unpaid internships, a lawsuit was recently filed against Sean “Diddy” Combs’ Bad Boy Entertainment company by a former unpaid intern demanding compensation for her work. Former intern Rashida Salaam worked for the music label between January and May 2012, and included menial tasks of answering phones, […]

Author: Anthony R. Caruso

August 23, 2013

Government Lawsuit Seeks to Block American Airlines-US Airways Merger

A government lawsuit, filed by the Justice Department and several states, is seeking to halt the proposed American Airlines merger with US Airways. The merger – the final step in AMR’s exit from bankruptcy protection – would create the largest airline in the world. The government’s antitrust suit was largely unexpected, as the two airlines […]

Author: Joel R. Glucksman

August 23, 2013

Bankruptcy Protection

Company’s Direct IPOs: Should You Take the DIY Route?

Most companies that undertake an initial public offering (IPO) partner with an investment bank to serve as an underwriter. The role of the underwriter includes helping to establish the initial share price and the public market, as well as seeking to interest analysts to follow the stock. In the midst of the growing crowdfunding buzz, […]

Author: Dan Brecher

August 22, 2013

Analysts Debate the Effectiveness of Municipal Bankruptcy on Improving Cities

Five years after the Great Recession began, a number of cities across the country are still struggling to recover from fiscal shortfalls, budgetary constraints, and financial mismanagement. As is well known, this has prompted many to seek protection under Chapter 9 – the municipal bankruptcy part of bankruptcy law. Although the media have generally focused […]

Author: Joel R. Glucksman

August 22, 2013

NFL Doctor's Role in Concussion Lawsuit May Prompt More to Join Litigation

NFL doctor, Elliot Pellman, has served players for several years and made critical decisions about whether to play athletes who have sustained head injuries. As new details unfold into the involvement of Pellman in these decisions – and his association with former commissioner Paul Tagliabue – legal analysts are wondering whether these details will have an […]

Author: Anthony R. Caruso

August 21, 2013

Concussion Lawsuit

NJ Court Rules Charities Must Follow Donor’s Wishes or Return Money

The Appellate Division of the New Jersey Superior Court recently clarified what happens when a charity receives a donation slated for a particular mission and then cannot fulfill the purpose of the gift. In these cases, the decision in Adler v. SAVE is clear —charities must return the funds. The Facts of the Case SAVE, […]

Author: Scarinci Hollenbeck, LLC

August 21, 2013

Bezos May Have Trouble Securing Tax Benefits With WaPo

Amazon.com founder and chief executive Jeff Bezos turned some heads when the billionaire decided to purchase the Washington Post for a reported $250 million. While it remains to be seen what direction Bezos will take the newspaper, one thing some experts agree on is that he will need to utilize a hands-on approach with it […]

Author: Frank L. Brunetti

August 21, 2013

Tax Breaks

What Does the Tourre Conviction Mean For SEC?

The Securities and Exchange Commission (SEC) secured a rare win at trial when a New York jury found former Goldman Sachs Group trader, Fabrice Tourre, committed securities fraud by intentionally misleading investors. The jury also concluded that Tourre aided and abetted an alleged fraud perpetrated by Goldman. The case involved a failed transaction during the […]

Author: Scarinci Hollenbeck, LLC

August 20, 2013

The Birds and the Bees for Trustees

Today, an increasing number of children are born with assistance of advanced reproductive technology. Such children may be conceived and born years after the death of a parent. This miracle of science poses difficulties for trustees administering existing trusts and lawyers drafting new trusts. A typical trust has a current beneficiary who receives distributions of […]

Author: James F. McDonough

August 20, 2013

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