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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Electric Car Maker Seeks Bankruptcy Protection

Coda Automotive, an electric car maker seeks bankruptcy protection in a U.S. Bankruptcy Court in Delaware. The company plans to exit the automotive industry altogether to focus its resources on energy storage, as the technology it currently uses to manufacture green vehicles is the same as that used to store power, according to the New […]

Author: Joel R. Glucksman

May 14, 2013

Kodak Nears Bankruptcy Exit Following Deal with U.K. Pension Plan

Kodak nears bankruptcy exit following formal bankruptcy proceedings to sell its assets to a United Kingdom pension fund. Under the terms of the agreement, photography pioneer Kodak will sell its document and personal imaging businesses to its British pension fund for $650 million in cash and non-cash assets. The pension fund would also pick up […]

Author: Joel R. Glucksman

May 10, 2013

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

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

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

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

Energy Future Holdings Proposes Bankruptcy Plan

Private energy giant Energy Future Holdings proposed a pre-packaged bankruptcy plan to its creditors in the event that it’s forced to seek bankruptcy law protection under Chapter 11 of the Bankruptcy Code. Under the proposal to restructure roughly $32 billion in debt, the company’s largest creditors would forgive $25 billion in debt in exchange for […]

Author: Joel R. Glucksman

May 2, 2013

Monmouth County to Participate in Newly Enacted Property Tax Program

In February 2013, Governor Christie signed legislation that creates a pilot program for revising the timing for submission of real property tax appeals at the County Board level. The program is known as the “Real Property Assessment Demonstration Program (“Program”). Under the present system, tax assessors are required to submit their books for finalization by […]

Author: Scarinci Hollenbeck, LLC

May 2, 2013

Scooter Store Seeks Bankruptcy Protection After Federal Raid Uncovers Fraud

The Scooter Store Holdings, a popular company that sells motorized scooters and wheelchairs throughout the U.S., was forced to file for bankruptcy protection under Chapter 11 of the Bankruptcy Code after a federal raid proved the company was guilty of fraud. In March, the Federal Bureau of Investigation, the Office of the Inspector General, the […]

Author: Joel R. Glucksman

April 30, 2013

Judge Rules Madoff Trustee Cannot Block $410 Million Merkin Settlement

A U.S. District Judge ruled that Irving Picard, the bankruptcy trustee in charge of the Bernard Madoff case, will not be permitted to block the $410 million Merkin settlement resolving New York state’s claims against Wall Street hedge fund manager Ezra Merkin, the man accused of secretly steering client money to Madoff. Picard argued that a […]

Author: Joel R. Glucksman

April 26, 2013

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