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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Does Corporate Citizenship Pay Dividends?

Being a good corporate citizen does matter, according to recent studies involving both consumers and executives. Marketing agency Good.Must.Grow (GMG) found that many consumers consider social responsibility when purchasing products or services. Of the 1,015 survey respondents, 60 percent indicated that buying goods from socially responsible companies is important to them. Treatment of employees ranked […]

Author: Donald M. Pepe

April 25, 2013

Department of Justice Calling for Rule Change to Pursue Foreign Businesses

The federal government has recently stepped up its efforts to pursue legal action against foreign businesses that have broken U.S. laws. After a series of legal setbacks, the Department of Justice (DOJ) is looking to amend the Federal Rules of Criminal Procedure. Companies and individuals may be held liable to breaking U.S. criminal laws without […]

Author: Scarinci Hollenbeck, LLC

April 24, 2013

Military, Law Enforcement Supplier Seeks Chapter 11 Bankruptcy Protection

U.S. Cavalry Store Inc., a provider of military and law enforcement gear and equipment, has filed for Chapter 11 Bankruptcy protection. The Kentucky-based company owes money to between 200 and a thousand creditors. It listed assets of less than $50,000 and liabilities ranging from $1 million to $10 million, according to The Associated Press. However, […]

Author: Joel R. Glucksman

April 19, 2013

Does Your Small Business LLC Have an Operating Agreement?

New York, like many states, requires all limited liability companies to have an operating agreement, regardless of size. In New Jersey, they are not required, but they are certainly a good idea. An operating agreement is essential to the smooth operation of an LLC because it governs the company’s financial and business decisions. For the […]

Author: Scarinci Hollenbeck, LLC

April 19, 2013

Chinese Buyer Changes Bankrupt A123 Systems' Name to B456

In a streak of creativity following its purchase of bankrupt battery maker A123 Systems, Chinese firm Wanxiang Group changed the company’s name to B456 Systems and announced its plans to renew operations within the U.S. After filing the new name with the U.S. Securities and Exchange Commission, Wanxiang said it plans to maintain the company’s […]

Author: Joel R. Glucksman

April 18, 2013

U.S. Supreme Court to Take on Forum-Selection Clauses

The U.S. Supreme Court recently agreed to consider another key business case. Atlantic Marine Construction Company v. J-Crew Management involves whether federal courts should be required to enforce a forum-selection clause in business contracts. The specific issue before the Court is what happens when one party files a lawsuit in a venue other than as contractually […]

Author: Scarinci Hollenbeck, LLC

April 17, 2013

U.S. Supreme court

Municipal Bankruptcies Pit Pensioners, Bondholders Against Each Other

Several cities have sought bankruptcy law protection under Chapter 9 of the Bankruptcy Code in recent months. A new analysis suggests that as the number of municipal bankruptcies in the U.S. increases, pensioners and bondholders may be in the center of the fight, according to Forbes. Following Judge Christopher Klein’s decision to allow Stockton, California, to […]

Author: Joel R. Glucksman

April 16, 2013

Chapter 9

Fisker Automotive Strongly Considers Bankruptcy

Fisker Automotive, a government-backed manufacturer of luxury, plug-in hybrid sports cars, recently sought legal representation in the likely event that it will file for bankruptcy protection. The company is currently searching for a strategic investor to provide the financial backing that will allow it to avoid bankruptcy proceedings. In the meantime, it was forced to […]

Author: Joel R. Glucksman

April 12, 2013

Fisker Automotive

City of Stockton Qualifies For Bankruptcy Protection

A federal judge has ruled that the city of Stockton, California, is eligible for bankruptcy protection. Thus, the Chapter 9 bankruptcy case filed by the city will continue. Stockton, which is home to some 300,000 residents, recently became the largest city in the United States to file for bankruptcy protection. The city joins fellow California […]

Author: Joel R. Glucksman

April 11, 2013

SEC Changes Position on Use of Social Media for Company Announcements

The Securities and Exchange Commission (SEC) recently made headlines when it issued a press release announcing that it was OK to use social media to disseminate company news. Under the SEC’s new social media position, companies can use sites Facebook and Twitter to announce key information in compliance with Regulation Fair Disclosure (Regulation FD) so […]

Author: Kenneth C. Oh

April 9, 2013

Securities attorney New Jersey

New LLC Rules Take Effect in New Jersey

For many New Jersey business owners, the limited liability company framework offers a number of advantages. Most notably, it limits personal liability for business debts and court judgments against the business and shields an owner’s personal assets. Under new rules that took effect on March 18, LLCs may now be even more attractive to New […]

Author: Scarinci Hollenbeck, LLC

April 8, 2013

Payroll Company Files for Bankruptcy Protection

AccuPay, a Bel Air-based payroll company, is seeking bankruptcy protection under Chapter 7 of the Bankruptcy Code as a result of a tax-related investigation. The company listed 95 creditors in court documents and debts of between $100,001 and $500,000 when it filed for protection in a U.S. Bankruptcy Court in Baltimore. The company said it […]

Author: Joel R. Glucksman

April 5, 2013

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