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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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Can You Enforce an Arbitration Clause on the Other Side Just Before Trial?

The Supreme Court of New Jersey recently considered how late is “too late” to invoke an arbitration clause in a contract. The court accepted the case after lower courts reached opposing opinions of the issue. In the recently decided Cole v. Jersey City Medical Center, the defendant waited until three days before trial to invoke […]

Author: Gary S. Young

May 10, 2013

Arbitration

SEC Report: Municipal Bankruptcies Poses Threat to Municipal Bond Market

A new report suggests that the pace and threat of municipal bankruptcies poses threat for investors and the municipal bond market. The Securities and Exchange Commission released an analysis of the municipal bond market and its response to some of the largest city bankruptcies to befall the country, including San Bernardino and Stockton, California. In […]

Author: Joel R. Glucksman

May 9, 2013

Are Brokerage Contracts Headed For a Huge Change?

Mandatory arbitration clauses in brokerage contracts could soon be a thing of the past. Lawmakers are calling on the Securities and Exchange Commission (SEC) to exercise its authority under the Dodd-Frank Act to ban what they call the “abuse of forced arbitration contracts.” As Senator Al Franken (D-Minn) and his colleagues noted in their letter […]

Author: Dan Brecher

May 9, 2013

Securities attorney NYC

Are Bitcoins Taxable? Uncertainty Persists

Are Bitcoins Taxable? Bitcoins are becoming more visible and popular among consumers, and many investors are even focusing on the prospects that this digital currency may yield. As the demand for Bitcoins – which are used in a digital environment as real cash – increases significantly, the Internal Revenue Service may set its sights on […]

Author: James F. McDonough

May 8, 2013

Investors

Shield Law Extended to Bloggers in New Jersey

New Jersey continues to have one of the broadest journalist shield laws in the country. Most recently, a state court judge for the first time extended the privilege to an independent blogger. As we have previously discussed on this Business Law Blog, the New Jersey Shield Law (N.J.S.A. 2A:84A-21) provides a privilege to members of […]

Author: Joel N. Kreizman

May 8, 2013

Supermodel Janice Dickinson Files for Bankruptcy

Commonly referred to as the world’s first supermodel, Janice Dickinson files for bankruptcy law protection to get out from under $1 million in debt. The supermodel turned reality-star listed several unpaid debts, including $500,000 in taxes owed to the states of New York and California as well as the Internal Revenue Service over the course […]

Author: Joel R. Glucksman

May 7, 2013

Supreme Court Ups the Bar for Class Action Lawsuits

The U.S. Supreme Court’s decision in Comcast Corp. v. Behrend will likely help businesses defend employment, anti-trust, consumer protection class action lawsuits. The Court raised the bar for plaintiffs at the class certification stage by holding that they must provide credible evidence of damages applicable on a classwide basis. The Facts of the Case Federal […]

Author: Scarinci Hollenbeck, LLC

May 7, 2013

Class Action Lawsuit

Lauryn Hill's Deadline to Pay Back Taxes Passes

A U.S. Magistrate Judge has postponed sentencing for Grammy winner Lauryn Hill after she pleaded guilty to tax law violations, but she still must pay back taxes by May 3. In 2012, Hill admitted to failing to file tax returns from 2005 to 2007 on $1.8 million in income earned during that period. Although the […]

Author: Frank L. Brunetti

May 6, 2013

Tax Debt

NJ Court Upholds Citywide Business Curfew

Most businesses in Camden, N.J. must continue to shutter their doors at 11 p.m. Plaintiffs, including 7-Eleven, recently lost a lawsuit challenging the city’s curfew, which is established by local ordinance. Under the city’s ordinance, businesses located within residential zones or located in a commercial or mixed zone situated less than 200 feet from a […]

Author: Robert E. Levy

May 6, 2013

Scarinci Hollenbeck Expands Growing New York Office

Office expansion will allow the leading law firm to accommodate its growing practice areas and meet the demands of an evolving industry. Lyndhurst, NJ, May 3, 2013 – Scarinci Hollenbeck proudly announces the expansion of its New York office and the addition of Eleanor Grinshteyn, of counsel. The New York office has experienced high levels […]

Author: Scarinci Hollenbeck, LLC

May 3, 2013

Bankrupt San Bernardino Favors CalPERS Over Bondholders

The city council of bankrupt San Bernardino announced it will resume making payments to the state pension fund – the California Public Employees’ Retirement System, or CalPERS – to the chagrin of the city’s bondholders. Municipal lawmakers approved a new 14-month budget that will require it to prioritize some creditors over others. The council voted to continue […]

Author: Joel R. Glucksman

May 3, 2013

California Public Employees' Retirement System

More Companies Change Business Designation for Tax Purposes

A growing number of companies across a variety of industries are changing their business designations in an effort to lower their liability under federal tax law. The New York Times exclusively reported on this increasingly common scenario, in which corporations that operate in several sectors – including prisons, casinos and infrastructure – are classifying themselves […]

Author: Frank L. Brunetti

May 3, 2013

Tax Attorney

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