Writings by Robert A. Marsico

Robert A. Marsico is a real estate and commercial transactions lawyer with more than 30 years of legal experience. He represents a wide variety of financial institutions, corporate and entrepreneurial clients in the areas of mortgage financing, commercial project acquisitions and sales, commercial leasing and other business transactions.

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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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Is E-Notarization Ready for Prime Time?

Are Businesses Ready to Implement E-Notarization? Certain business documents must be notarized, including real property deeds, mortgages, affidavits, and powers of attorney. To facilitate notary services for small businesses, e-notarization is gaining traction. While it reduces the burden of locating a notary, the new technology is not yet universally accepted and could pose legal risks. […]

Author: Robert A. Marsico

December 15, 2016

Scarinci Hollenbeck

Money Market Funds Shake Up

New Rules enacted by the SEC Poised to Shake Up Money Market Funds Big changes are in store for the $2.7 trillion money market funds industry.Rules enacted by the Securities and Exchange Commission (SEC) are slated to take effect on October 14, 2016, and could lead to market volatility. SEC’s Money Market Reform Rules The […]

Author: Robert A. Marsico

September 28, 2016

Scarinci Hollenbeck

What Is a Commercial Farm Under the New Jersey Right to Farm Act?

What Is a Commercial Farm Under the New Jersey Right to Farm Act? Comedian and former Daily Show host Jon Stewart is seeking approval to open a farm sanctuary in Colts Neck. Stewart’s JTS Land Trust recently signed a contract to purchase the historic Hockhockson Farm with plans to build an educational center that would be […]

Author: Robert A. Marsico

May 18, 2016

Scarinci Hollenbeck

Does Your New Jersey Business Need a Chief Culture Officer?

Does Your New Jersey Business Need a Chief Culture Officer? Businesses are increasingly becoming more “creative” when awarding titles to corporate executives. Examples include chief experience officers, chief customer officer, and chief knowledge officers to name a few. One new leadership position that is gaining traction is the Chief Culture Officer. As the title suggests, the […]

Author: Robert A. Marsico

April 18, 2016

New York Seeks to Combat Terrorism Through New AML Regulation

New AML Regulations to Combat Terrorism As the government seeks to address the growing threat from ISIS and other terrorist groups, it is also increasing business oversight of financial services organizations which may to be utilized by terrorists as funding mechanisms. Most recently, New York Governor Andrew Cuomo proposed a new anti-money laundering regulation that […]

Author: Robert A. Marsico

December 17, 2015

Federal "Ban the Box" Legislation Advancing - the Fair Chance Act

The Fair Chance Act The Senate Homeland Security and Governmental Affairs Committee recently voted in favor of legislation that would prohibit federal agencies and government contractors from inquiring about a job applicant’s criminal history until after making a conditional employment offer. The proposed law, the Fair Chance Act, would be the first to “ban the […]

Author: Robert A. Marsico

October 29, 2015

Scarinci Hollenbeck

FBI: BEC Scams Result in $1.2B in Losses

What is the BEC scam? The Federal Bureau of Investigation (FBI) is warning businesses about a sophisticated email scheme that has resulted in $1.2 billion in losses worldwide. In the United States, scammers defrauded more than 7,000 companies between October 2013 and August 2015. The Business Email Compromise – or BEC scam – typically targets […]

Author: Robert A. Marsico

September 29, 2015

Will Tech Behind Bitcoin Help Modernize Traditional Banking?

What’s the deal with Bitcoin? Bitcoin does not exist physically, although you must exchange hard currency to acquire it. Unlike cash, Bitcoin resides in your “electronic wallet” as a computer file. A network tracks the transfer of the computer files from purchaser to seller, but does not record the nature of the transaction. The value […]

Author: Robert A. Marsico

September 17, 2015

Is Delaware Losing Its Luster for Corporations?

Thanks to its business-friendly legal environment, Delaware is the home to many of the country’s largest corporations. In fact, more than half of the Fortune 500 companies are incorporated in Delaware. As an added incentive to incorporate a business in Delaware, the Delaware Court of Chancery’s large body of corporate case law often makes it […]

Author: Robert A. Marsico

August 13, 2015

Is Poor Contract Management Hurting Your Bottom Line?

From client contracts to employment agreements to leases, even small businesses can have hundreds if not thousands of contracts. Thanks to technology, a lot of contract management is done digitally. However, many contracts are still prepared, signed, and filed using traditional paper format. The sheer increase in contract volume, as well as the diverse types […]

Author: Robert A. Marsico

May 21, 2015

When Are Banks Liable for Injuries on A Foreclosed Property?

As New Jersey continues to address the glut of abandoned, a foreclosed property, liability issues are arising over who is responsible when injuries occur. In a recent decision, the Appellate Division refused to impose liability on Bank of America, N.A. (BOA) for a slip-and-fall injury that occurred on an icy sidewalk abutting a foreclosed property. […]

Author: Robert A. Marsico

April 29, 2015

Real estate attorney NYC

Even Company Officers Can Blow the Whistle on Securities Fraud

Highlighting that anyone can become a whistleblower on securities fraud under the right circumstances, the Securities and Exchange Commission (SEC) recently announced that it plans to award between $475,000 and $575,000 to a former company officer. As previously discussed on the Scarinci Hollenbeck Business News Blog, the SEC’s whistleblower program provides financial incentives to individuals […]

Author: Robert A. Marsico

March 26, 2015

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