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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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    Is Cross-Border Swaps Regulation at a Standstill? post image

    Is Cross-Border Swaps Regulation at a Standstill?

    The Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC) have both proposed rules to govern cross-border security-based swap activities, as mandated under Title VII of the Dodd-Frank Act. However, implementation is unlikely any time soon. Security-based swaps, a popular derivative, pose problems for regulators because the market involves counterparties located in different […]

    Author: Kenneth C. Oh

    Link to post with title - "Is Cross-Border Swaps Regulation at a Standstill?"
    Exide Technologies Officially Files for Bankruptcy Law Protection post image

    Exide Technologies Officially Files for Bankruptcy Law Protection

    After weeks of speculation, battery manufacturer Exide Technologies has officially sought bankruptcy law protection under Chapter 11 of the U.S. Bankruptcy Code. Despite its recent attempts to cut costs, the company has been unable to strengthen its finances in light of rising costs for materials and the state’s shutdown of one of its key facilities in Vernon, […]

    Author: Joel R. Glucksman

    Link to post with title - "Exide Technologies Officially Files for Bankruptcy Law Protection"
    Exide Technologies Considering Bankruptcy Amid Regulatory Scrutiny post image

    Exide Technologies Considering Bankruptcy Amid Regulatory Scrutiny

    Car- and battery-maker Exide Technologies is considering bankruptcy protection under Chapter 11 this summer, sources familiar with the company told the Wall Street Journal. The company is due to make a $56 million payment in September, but has faced shrinking profitability as a result of higher-than-expected restructuring expenses, reduced demand in a number of markets, and higher […]

    Author: Joel R. Glucksman

    Link to post with title - "Exide Technologies Considering Bankruptcy Amid Regulatory Scrutiny"
    Jefferson County, Alabama and Creditors Reach Deal to Exit Municipal Bankruptcy post image

    Jefferson County, Alabama and Creditors Reach Deal to Exit Municipal Bankruptcy

    Jefferson County, Alabama, has announced the details of an agreement it reached with creditors that will enable the distressed county to formally exit municipal bankruptcy. The county has agreed to refinance its existing debts by June 30 in an effort to officially emerge from bankruptcy law protection by November 2013. According to the terms of […]

    Author: Joel R. Glucksman

    Link to post with title - "Jefferson County, Alabama and Creditors Reach Deal to Exit Municipal Bankruptcy"
    Department of Labor Provides Updated Guidance on Notice of Exchange Required by PPACA post image

    Department of Labor Provides Updated Guidance on Notice of Exchange Required by PPACA

    The Patient Protection and Affordable Care Act (PPACA) imposes a number of new obligations on New York and New Jersey employers. One of the most significant notification requirements involves the health insurance marketplaces that will be established in 2014. After delaying the scheduled implementation of the Notice to Inform Employees of Coverage Options requirement, the […]

    Author: Scarinci Hollenbeck, LLC

    Link to post with title - "Department of Labor Provides Updated Guidance on Notice of Exchange Required by PPACA"
    CNET Founder Halsey Minor Seeks Chapter 7 Bankruptcy Protection post image

    CNET Founder Halsey Minor Seeks Chapter 7 Bankruptcy Protection

    Tech industry investor and CNET Networks co-founder Halsey Minor filed for bankruptcy protection in the U.S. Bankruptcy Court in Los Angeles, only a few short years after selling his company for $1.8 billion. The entrepreneur opted for Chapter 7 bankruptcy, which involves the liquidation of his assets and the sale of non-exempt property, the proceeds of […]

    Author: Joel R. Glucksman

    Link to post with title - "CNET Founder Halsey Minor Seeks Chapter 7 Bankruptcy Protection"
    U.S. Reaches Key Agreement With Chinese Regulators Over Auditing Access post image

    U.S. Reaches Key Agreement With Chinese Regulators Over Auditing Access

    The Public Company Accounting Oversight Board (PCAOB), a nonprofit corporation established by Congress to oversee the audits of public companies, recently announced a critical first step in its efforts to secure audit documents in China. The memorandum of understanding is the product of lengthy negotiations with Chinese regulators over enforcement cooperation. As we have previously […]

    Author: Dan Brecher

    Link to post with title - "U.S. Reaches Key Agreement With Chinese Regulators Over Auditing Access"
    Judge Allows Patriot Coal To Reject Collective Bargaining Agreements post image

    Judge Allows Patriot Coal To Reject Collective Bargaining Agreements

    Patriot Coal Corp. will be permitted to reject collective bargaining agreements and reduce employee pensions and benefits for 13,000 union workers and retirees, a court ruled this week. U.S. Bankruptcy Judge Kathy Surratt-States granted a request from the company to stop making pension contributions and convert retiree healthcare to an outside fund, putting an end to an […]

    Author: Joel R. Glucksman

    Link to post with title - "Judge Allows Patriot Coal To Reject Collective Bargaining Agreements"
    Comedian Sinbad Files For Chapter 13 Bankruptcy post image

    Comedian Sinbad Files For Chapter 13 Bankruptcy

    Long-time comedian and television actor Sinbad has run into financial problems once again, as it was recently announced that he will file for Chapter 13 bankruptcy protection for the second time since 2009. Sinbad, whose legal name is David Adkins, continues to bring in income from performances at casinos and stand-up comedy clubs, but he noted his […]

    Author: Joel R. Glucksman

    Link to post with title - "Comedian Sinbad Files For Chapter 13 Bankruptcy"
    New York Bankruptcy Court Faces Budget Constraints post image

    New York Bankruptcy Court Faces Budget Constraints

    Economic constraints and the federal sequester have impacted several governmental agencies and industries. Now, it appears that one of the nation’s most high-traffic bankruptcy courts is also experiencing financial pressure. Dow Jones reports that budgetary constraints are making it more challenging for the U.S. Bankruptcy Court for the Southern District of New York to manage its costs. […]

    Author: Joel R. Glucksman

    Link to post with title - "New York Bankruptcy Court Faces Budget Constraints"
    Budding New Jersey Entrepreneurs: Is Franchise for You? post image

    Budding New Jersey Entrepreneurs: Is Franchise for You?

    With the economy rebounding, many budding entrepreneurs are starting to explore new business opportunities again. For those who are not quite ready to jump back in feet first, a franchise may be the way to go. A franchise is a legal relationship between the owner of brand (a trademark, service mark, trade name, etc.) and […]

    Author: Joel N. Kreizman

    Link to post with title - "Budding New Jersey Entrepreneurs: Is Franchise for You?"
    New York Health Company Filed for Bankruptcy post image

    New York Health Company Filed for Bankruptcy

    New York-based Sound Shore Health System has filed for bankruptcy law protection under Chapter 11 of the Bankruptcy Code and announced its plans to sell its assets to Montefiore Medical Center. The company, which provides health care services to its medical center in Westchester as well as a hospital and nursing home facility, cited cuts in […]

    Author: Joel R. Glucksman

    Link to post with title - "New York Health Company Filed for Bankruptcy"

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