Business Law

Scarinci Hollenbeck's Corporate Transactions & Business Law practice group regularly provides guidance and representation to clients in a range of areas including mergers, acquisitions, divestitures, commercial finance, strategic alliances, joint ventures, technology transactions, licensing, employment, shareholder relations, and much more. The Corporate Transactions & Business practice group is made up of accomplished practitioners with many years of experience who regularly publish articles relating to the industry.

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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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Breach of Contract Explained: Types and Consequences

Breach of contract disputes are the most common type of business litigation. Therefore, nearly all New York and New Jersey businesses will likely have to deal with a contract dispute at least once. Understanding when to file a breach of contract lawsuit and how long you have to sue for breach of contract is essential […]

Author: Brittany P. Tarabour

April 10, 2025

What to Do If You Are Impacted by a Retailer Bankruptcy Part 2

Over the past year, brick-and-mortar stores have closed their doors at a record pace. Fluctuating consumer preferences, the rise of online shopping platforms, and ongoing economic uncertainty continue to put pressure on the retail industry. When a retailer seeks bankruptcy protection, a myriad of other businesses are often impacted. Whether you are a supplier, customer, […]

Author: Brian D. Spector

April 2, 2025

Tips for Commercial Landlords Impacted by Wave of Retailer Bankruptcies Part 1

The retail sector has experienced a wave of bankruptcy filings over the last year. Brick-and-mortar businesses in financial distress include big-name brands like Big Lots, Party City, The Container Store, and Vitamin Shoppe. When large retailers seek bankruptcy protection, they are not the only businesses impacted. Landlords can be particularly hard hit. While commercial landlords […]

Author: Brian D. Spector

March 27, 2025

How Understanding Bankruptcy Trends Can Benefit Your Business

The bankruptcy legal landscape presents both challenges and opportunities for businesses navigating financial distress. Understanding current bankruptcy trends can help businesses make more informed and strategic decisions. Corporate Bankruptcy Filings Trending Upwards Bankruptcy filings continued to trend upwards in 2024. According to statistics released by the Administrative Office of the U.S. Courts, personal and business […]

Author: Brian D. Spector

March 20, 2025

Novation Agreement Process: Step-by-Step Guide for Businesses

Big changes sometimes occur during the life cycle of a contract. Cancelling a contract outright can be bad for your reputation and your bottom line. Businesses need to know how to best address a change in circumstances, while also protecting their legal rights. One option is to transfer the “benefits and the burdens” of a […]

Author: Dan Brecher

February 17, 2025

Top 5 Clauses Every Business Contract Must Have in 2025

Contracts form the backbone of nearly every business transaction. In order to be effective, your contracts must be carefully negotiated, drafted, and reviewed to protect your legal interests. While contract provisions that define the terms of payment, deliverables of each party, and timelines for execution are essential, some of the most important clauses are often […]

Author: Dan Brecher

January 22, 2025

An Employee Phantom Equity Plan Can Be a Better Way to Incentivize Employees when Raising Funds From Investors

Establishing equity-based incentives for key personnel is an essential requirement for retaining qualified employees. But start-up and developing companies must keep in mind that a company’s private equity investors will be keeping an eye on the capital structure and the effect of compensation plans that will affect their investments. The design and legal requirements and […]

Author: Dan Brecher

December 23, 2024

Micro License NJ: Legal Essentials for Cannabis Microbusinesses

Cannabis microbusinesses have a smaller footprint than a regular cannabis business, concerning its business operations, capacity, and quantity of product. To help foster their development, New Jersey’s cannabis regulations establish certain incentives for a micro license NJ, including significantly lower licensing costs. Getting any startup off the ground is no easy feat. To take advantage […]

Author: Daniel T. McKillop

August 28, 2024

FINRA Rule 3110 Explained

Known as the “Supervision Rule,” FINRA Rule 3110 requires brokerage firms to establish, maintain, and enforce a system to supervise the activities of their associated persons. The rule stipulates that the system of supervision should be reasonably designed to achieve compliance with all applicable regulations established by the Financial Industry Regulatory Authority (FINRA) and the […]

Author: Angela A. Turiano

April 10, 2024

Financial Services

Corporate Governance, Professional Perspective - CTA Guidance for Legal Counsel Serving Businesses

CTA Guidance for Legal Counsel Serving Businesses Contributed by Scott H. Novak, Scarinci Hollenbeck March 2024 The Corporate Transparency Act (CTA), 31 U.S.C. §5336, became effective on January 1, 2024. Under this new provision, if your or your client’s entity is a “reporting company,” as defined under the statute, the entity must file a beneficial owner information […]

Author: Scott H. Novak

March 28, 2024

FinCEN

The ABCs of Business Fraud Prevention

Business fraud can result in enormous financial losses, as well as reputational harm and legal liability. Businesses lose a staggering five percent of revenue to fraud each year, according to the Association of Certified Fraud Examiners (ACFE) 2022 Report to the Nations on Occupational Fraud and Abuse. This is why business fraud prevention is pertinent. […]

Author: Christopher D. Warren

March 15, 2024

Corporate Governance Explained

With corporations subject to increased scrutiny from investors, consumers, and regulators, the importance of corporate governance law has never been greater. Among its many benefits, strong corporate governance helps businesses operate more efficiently, manage risk, and safeguard against legal and reputational harm. What Is Corporate Governance Law? The term “corporate governance” broadly refers to the […]

Author: Michael J. Sheppeard

March 11, 2024

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