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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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IRS Embattled with Technology Firms Over 2004 Corporate Tax Holiday post image

IRS Embattled with Technology Firms Over 2004 Corporate Tax Holiday

The Internal Revenue Service is taking a closer examination of corporations’ tax strategies during the 2004 tax holiday, and two technology firms in particular have drawn scrutiny from the federal agency. In two separate tax law cases, the IRS is battling BMC Software Inc. and Analog Devices, both of which are citing a 2004 corporate […]

Author: Frank L. Brunetti

Link to post with title - "IRS Embattled with Technology Firms Over 2004 Corporate Tax Holiday"
Cengage Learning Files for Bankruptcy Protection post image

Cengage Learning Files for Bankruptcy Protection

Textbook publisher and education company Cengage Learning announced that it has sought Chapter 11 bankruptcy protection as part of a pre-arranged restructuring plan that will enable it to reduce its $5.8 billion in outstanding debt. The company filed for protection in the U.S. Bankruptcy Court in Brooklyn, New York. Like many other textbook publishers, it […]

Author: Joel R. Glucksman

Link to post with title - "Cengage Learning Files for Bankruptcy Protection"
Beware Plan Sponsors, the Department of Labor May be Knocking on Your Door post image

Beware Plan Sponsors, the Department of Labor May be Knocking on Your Door

The U.S. Department of Labor (“DOL”) has substantially increased the number of ERISA compliance audits it conducts each year.  Document requests covered in the typical audit letter are striking fear into the hearts of executives charged with HR responsibility. While in most cases the companies and their staff members do not deliberately violate the law’s […]

Author: Gary S. Young

Link to post with title - "Beware Plan Sponsors, the Department of Labor May be Knocking on Your Door"
Alabama Grocery Chain Files For Bankruptcy under Chapter 11 post image

Alabama Grocery Chain Files For Bankruptcy under Chapter 11

Alabama grocery conglomerate – Belle Foods – filed for bankruptcy law protection under Chapter 11 of the Bankruptcy Code, citing excessive debt and insufficient cash flow as the cause of its financial strain. The company, which once operated the former Bruno’s and Food World stores, said it was finding it difficult to meet its creditor […]

Author: Joel R. Glucksman

Link to post with title - "Alabama Grocery Chain Files For Bankruptcy under Chapter 11"
Adidas Suspends Contract with Sprinter Tyson Gay Over Failed Drug Test post image

Adidas Suspends Contract with Sprinter Tyson Gay Over Failed Drug Test

In the aftermath of the Lance Armstrong scandal, athletic sponsors are taking a hard line with athletes who fail to pass doping drug tests. Adidas recently announced that it has dropped former double world sprint champion Tyson Gay over a failed drug test. Only one day after the American sprinter tested positive for banned performance-enhancing […]

Author: Anthony R. Caruso

Link to post with title - "Adidas Suspends Contract with Sprinter Tyson Gay Over Failed Drug Test"
A Non-Traditional Trust Issue: Gender Reassignment post image

A Non-Traditional Trust Issue: Gender Reassignment

Occasionally, cases present fact patterns that were unanticipated at the time I was in law school. Today, however, a person’s ability to anticipate these situations is guided by the dramatic changes in medicine and reproductive technology. In Burnett v. Burnett, a guardian filed a divorce action on behalf of the ward for the primary purpose […]

Author: James F. McDonough

Link to post with title - "A Non-Traditional Trust Issue: Gender Reassignment"
Twinkies Make Their Way Back to the Shelves as the Brand Seeks to Reinvent Itself post image

Twinkies Make Their Way Back to the Shelves as the Brand Seeks to Reinvent Itself

If you’re a regular reader, you know I always post on Tuesday. However, I wanted to post this article today because Hostess Twinkies made their way back on the shelves this morning. Everyone at the office is excited about this; perhaps it calls for an office-wide get together featuring a few boxes of our old […]

Author: Joel R. Glucksman

Link to post with title - "Twinkies Make Their Way Back to the Shelves as the Brand Seeks to Reinvent Itself"
Pohlad Estate Brings Lawsuit Against IRS Over $189 Million Tax Bill Regarding Minnesota Twins post image

Pohlad Estate Brings Lawsuit Against IRS Over $189 Million Tax Bill Regarding Minnesota Twins

Robert and William Pohlad, sons of late Minnesota Twins owner Carl Pohlad, who passed away in 2009, have brought a lawsuit against IRS regarding a disputed $189 million tax bill. The IRS recently imposed the multi million-dollar tax liability on the heirs, arguing that Pohlad’s estate undervalued his stake in the Minnesota Twins, according to Forbes. In […]

Author: Frank L. Brunetti

Link to post with title - "Pohlad Estate Brings Lawsuit Against IRS Over $189 Million Tax Bill Regarding Minnesota Twins"
Bumped From a Flight During the Peak Summer Travel Season? You Have Legal Rights post image

Bumped From a Flight During the Peak Summer Travel Season? You Have Legal Rights

In an effort to make sure that every seat is filled, airlines often overbook flights. In fact, one in every ten people that travel by plane has been bumped off a flight in the past year. Whether traveling for business or pleasure, an oversold flight can be a major headache. Fortunately, you do have legal […]

Author: Scarinci Hollenbeck, LLC

Link to post with title - "Bumped From a Flight During the Peak Summer Travel Season? You Have Legal Rights"
Supreme Court Rules Small Businesses Must Go It Alone in Arbitration post image

Supreme Court Rules Small Businesses Must Go It Alone in Arbitration

In American Express Co. v. Italian Colors Restaurant, the U.S. Supreme Court continued its trend of strictly enforcing arbitration provisions at the peril of class-action claims. By a vote of 5-3, the majority held that the Federal Arbitration Act (FAA) does not permit courts to invalidate a contractual waiver of class arbitration on the ground […]

Author: Scarinci Hollenbeck, LLC

Link to post with title - "Supreme Court Rules Small Businesses Must Go It Alone in Arbitration"
DOMA Ruling May Have Estate Tax Planning Implications post image

DOMA Ruling May Have Estate Tax Planning Implications

The U.S. Supreme Court’s landmark ruling that the Defense Against Marriage Act (DOMA) is unconstitutional will have far-reaching benefits that change the paradigm of health benefits enrollment, retirement benefits, and tax planning. Regarding the latter, same-sex married couples may see sweeping changes to their estate tax planning and gift tax rules. Under current tax rules, […]

Author: Frank L. Brunetti

Link to post with title - "DOMA Ruling May Have Estate Tax Planning Implications"
Award in Favor Of Union Beach will Aid Rebuilding After Sandy post image

Award in Favor Of Union Beach will Aid Rebuilding After Sandy

Scarinci Hollenbeck Attorneys Achieve Outstanding Interest Arbitration Award for Union Beach [The] award… will aid the Borough as it rebuilds from Hurricane Sandy. Lyndhurst, New Jersey, July 11, 2013: We would like to congratulate Scarinci Hollenbeck attorneys, Ramon E. Rivera and Christina M. Michelson, for successfully obtaining an Interest Arbitration Award in favor of the […]

Author: Scarinci Hollenbeck, LLC

Link to post with title - "Award in Favor Of Union Beach will Aid Rebuilding After Sandy"

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