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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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Universal Care Group Seeks Bankruptcy Protection Amid State Takeover

An investigation into Florida-based Universal Health Care Inc., has prompted the insurer to file for Chapter 11 bankruptcy protection while regulators attempt to take over the company. The Medicare insurer operated by Dr. A.K. Desai recently underwent a state investigation, in which regulators report that “a pattern of mismanagement” and unlawful financial management has left the company […]

Author: Joel R. Glucksman

March 7, 2013

Facebook Helps IRS Catch Violations of Tax Law

The Internal Revenue Service is pulling out all the stops to detect and prosecute Americans who violate tax law, and social media is helping the agency catch many criminals in their tracks. Many people are implicated in crimes due to information they post on social media websites, and one woman who committed tax fraud has […]

Author: Scarinci Hollenbeck, LLC

March 6, 2013

Legal Issues Force Parent Company of 'Girls Gone Wild' to Seek Bankruptcy Protection

GGW Brands LLC, owner of the “Girls Gone Wild” video series, has sought protection under Chapter 11 of the bankruptcy law in a U.S. Bankruptcy Court in Los Angeles, California. The company and several of its subsidiaries filed for protection as a result of several costly legal judgments. GGW Brands listed less than $50,000 in […]

Author: Joel R. Glucksman

March 5, 2013

IRS Proposes New Regulations for Third-Party Payroll Providers

When it come to ensuring Social Security, Medicare and federal income taxes are deducted from workers’ paychecks and contractors are classified correctly, existing tax law places these obligations solely on employers. However, new guidelines proposed by the Internal Revenue Service may shift some of the liability onto third-party payroll providers, employer organizations and employee leasing […]

Author: Frank L. Brunetti

March 4, 2013

Cablevision Sues Viacom for Violating Antitrust Law

Cable customers may soon be permitted to drop unwanted channels they are forced to pay for with their bundle if distributor Cablevision wins its antitrust lawsuit against Viacom. The company argues that Viacom, which owns MTV and Nickelodeon, violated antitrust law by bundling undesired and unknown channels with big ones and forcing customers to pay […]

Author: Anthony R. Caruso

March 4, 2013

Academy Awards Settles Copyright Infringement Lawsuit with Rental Company

Event rental companies hosting Oscar-themed parties might think twice about furnishing the party with the iconic gold Oscar statuettes. Event rental companies hosting Oscar-themed parties might think twice about furnishing the party with the iconic gold Oscar statuettes. The Academy of Motion Picture Arts and Sciences – which has gained a reputation for defending copyrights and […]

Author: Anthony R. Caruso

March 1, 2013

Fitch Warns Coal Sector May Experience Higher Incidence of Bankruptcy

A grim warning from credit rating agency Fitch Ratings estimates that a number of coal mining businesses may be in danger of falling into bankruptcy. Fitch reported that a persistently weak and volatile economy has been a large contributing factor to falling coal sales. Coupled with this is increased competition with less expensive natural gas resources […]

Author: Joel R. Glucksman

March 1, 2013

ING Fines Highlight Importance of Email Retention Procedures

The Financial Industry Regulatory Authority (FINRA) recently fined five units of ING Groep NV a total of $1.2 million for failing to retain or review millions of emails. The Financial Industry Regulatory Authority (FINRA) recently fined five units of ING Groep NV a total of $1.2 million for failing to retain or review millions of […]

Author: Dan Brecher

March 1, 2013

Securities attorney New Jersey

Beechcraft Emerges From Chapter 11 Bankruptcy

Aircraft maker Beechcraft, formerly known as Hawker Beechcraft, has officially emerged from Chapter 11 bankruptcy and is prepared to focus solely on its military sector and turboprop and piston aircraft. The Kansas-based company is already competing for a $354 million government contract to build aircraft for use in Afghanistan, the value of which could exceed $1 […]

Author: Joel R. Glucksman

February 28, 2013

Chapter 11

Congratulations to Joseph W. Oxley!

Scarinci Hollenbeck congratulates Joseph W. Oxley, our partner, colleague, and friend, on his appointment as a Judge of the Superior Court of New Jersey. Joe has been with Scarinci Hollenbeck since 2008 and has been a vital member of our Crisis Management and Public Law groups. His contributions to the firm have been immeasurable. We […]

Author: Scarinci Hollenbeck, LLC

February 27, 2013

Congratulations

IRS Victory in Tax Shelter Case May Cost BNY Mellon $800 Million

The Internal Revenue Service won a major victory in a high-profile tax shelter case that may carry costly implications for multinational corporations. A federal U.S. Tax Court handed down a ruling that bars Bank of New York Mellon from claiming millions of dollars in foreign tax credits arranged by Barclays. The case involves complex tax […]

Author: Scarinci Hollenbeck, LLC

February 27, 2013

Recent NJ Employment Decision Highlights Common FMLA Pitfalls

A recently decided New Jersey employment decision highlights several common pitfalls posed by an employee’s pregnancy rights under applicable laws. It specifically addresses an employers’ obligation to provide individualized notice of Family Medical Leave Act (FMLA) rights when an employee requests leave or the employer learns that an employee’s leave may be for an FMLA-qualifying […]

Author: Gary S. Young

February 27, 2013

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