Scarinci Hollenbeck, LLC, LLCScarinci Hollenbeck, LLC, LLC

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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High Rate of Student Loan Defaults Fails to Deter Investors post image

High Rate of Student Loan Defaults Fails to Deter Investors

Student Loan Default Can not be Dismissed Through Bankruptcy More Americans are carrying student loan balances now than ever before and defaulting on their balances at even higher rates. Despite the risky nature of this borrowing category, however, it appears that student loan securities are in high demand by investors. The Federal Reserve Bank of […]

Author: Joel R. Glucksman

Link to post with title - "High Rate of Student Loan Defaults Fails to Deter Investors"
U.S. Aluminum Producer Files For Chapter 11 Bankruptcy Protection post image

U.S. Aluminum Producer Files For Chapter 11 Bankruptcy Protection

U.S. aluminum producer Ormet Corporation is seeking protection under Chapter 11 bankruptcy law. The company filed for protection in a U.S. Bankruptcy Court in Delaware. In court documents, it cited falling aluminum prices and growing operational costs as the reason for its financial distress. The company said it agreed to sell itself to investment firm Wayzata Investment Partners, […]

Author: Joel R. Glucksman

Link to post with title - "U.S. Aluminum Producer Files For Chapter 11 Bankruptcy Protection"
New Jersey Sports Betting Dealt Major Setback post image

New Jersey Sports Betting Dealt Major Setback

Legalized sports betting will likely not be in place for next year’s Super Bowl. U.S. District Judge Michael Shipp recently issued a permanent injunction against New Jersey’s sports gambling law. As we have previously discussed on this Business Law Blog, the Department of Justice, along with NBA, MLB, NHL, NFL, and NCAA, have challenged the […]

Author: Donald M. Pepe

Link to post with title - "New Jersey Sports Betting Dealt Major Setback"
Court Rules Airlines Can Require Credit Cards For In-Flight Services post image

Court Rules Airlines Can Require Credit Cards For In-Flight Services

For frequent fliers hoping to leave their credit cards in their wallets, “cashless” cabin policies appear to be here to stay. New Jersey’s Appellate Division recently rejected a lawsuit alleging that Continental Airlines’ credit card requirement for in-flight purchases violated the New Jersey Consumer Fraud Act (CFA). The plaintiff in the case, Rosen v. Continental […]

Author: Scarinci Hollenbeck, LLC

Link to post with title - "Court Rules Airlines Can Require Credit Cards For In-Flight Services"
Union Members Protest Patriot Coal Bankruptcy post image

Union Members Protest Patriot Coal Bankruptcy

Members of the United Mine Workers union launched a series of protests against the Patriot Coal company’s bankruptcy, which stands to jeopardize the pension and health benefits of thousands of workers and their families. The protests revolved around a string of proposed benefits cuts, following a request to extend more than $6 million in bonuses […]

Author: Joel R. Glucksman

Link to post with title - "Union Members Protest Patriot Coal Bankruptcy"
Universal Care Group Seeks Bankruptcy Protection Amid State Takeover post image

Universal Care Group Seeks Bankruptcy Protection Amid State Takeover

An investigation into Florida-based Universal Health Care Inc., has prompted the insurer to file for Chapter 11 bankruptcy protection while regulators attempt to take over the company. The Medicare insurer operated by Dr. A.K. Desai recently underwent a state investigation, in which regulators report that “a pattern of mismanagement” and unlawful financial management has left the company […]

Author: Joel R. Glucksman

Link to post with title - "Universal Care Group Seeks Bankruptcy Protection Amid State Takeover"
Legal Issues Force Parent Company of 'Girls Gone Wild' to Seek Bankruptcy Protection post image

Legal Issues Force Parent Company of 'Girls Gone Wild' to Seek Bankruptcy Protection

GGW Brands LLC, owner of the “Girls Gone Wild” video series, has sought protection under Chapter 11 of the bankruptcy law in a U.S. Bankruptcy Court in Los Angeles, California. The company and several of its subsidiaries filed for protection as a result of several costly legal judgments. GGW Brands listed less than $50,000 in […]

Author: Joel R. Glucksman

Link to post with title - "Legal Issues Force Parent Company of 'Girls Gone Wild' to Seek Bankruptcy Protection"
Fitch Warns Coal Sector May Experience Higher Incidence of Bankruptcy post image

Fitch Warns Coal Sector May Experience Higher Incidence of Bankruptcy

A grim warning from credit rating agency Fitch Ratings estimates that a number of coal mining businesses may be in danger of falling into bankruptcy. Fitch reported that a persistently weak and volatile economy has been a large contributing factor to falling coal sales. Coupled with this is increased competition with less expensive natural gas resources […]

Author: Joel R. Glucksman

Link to post with title - "Fitch Warns Coal Sector May Experience Higher Incidence of Bankruptcy"
ING Fines Highlight Importance of Email Retention Procedures post image

ING Fines Highlight Importance of Email Retention Procedures

The Financial Industry Regulatory Authority (FINRA) recently fined five units of ING Groep NV a total of $1.2 million for failing to retain or review millions of emails. The Financial Industry Regulatory Authority (FINRA) recently fined five units of ING Groep NV a total of $1.2 million for failing to retain or review millions of […]

Author: Dan Brecher

Link to post with title - "ING Fines Highlight Importance of Email Retention Procedures"
Beechcraft Emerges From Chapter 11 Bankruptcy post image

Beechcraft Emerges From Chapter 11 Bankruptcy

Aircraft maker Beechcraft, formerly known as Hawker Beechcraft, has officially emerged from Chapter 11 bankruptcy and is prepared to focus solely on its military sector and turboprop and piston aircraft. The Kansas-based company is already competing for a $354 million government contract to build aircraft for use in Afghanistan, the value of which could exceed $1 […]

Author: Joel R. Glucksman

Link to post with title - "Beechcraft Emerges From Chapter 11 Bankruptcy"
Hostess Begins First Round Of Bankruptcy Auctions post image

Hostess Begins First Round Of Bankruptcy Auctions

Hostess Brands will soon begin the process of auctioning off its most iconic labels in an effort to emerge from protection under bankruptcy law. The process will begin in the last week of February, during which the company will auction off several of its brands, including Wonder Bread, Dow Jones Newswires reports. One bidder – Flowers […]

Author: Joel R. Glucksman

Link to post with title - "Hostess Begins First Round Of Bankruptcy Auctions"
New SEC Technology to Focus on Suspicious Corporate Disclosures post image

New SEC Technology to Focus on Suspicious Corporate Disclosures

The Securities and Exchange Commission (SEC) is increasingly turning to technology to help root out fraud. The agency recently announced plans to launch a new computer software program that will detect accounting anomalies in corporate disclosures submitted to the regulator. The new data driven approach is expected to bolster the SEC’s risk assessment process when […]

Author: Dan Brecher

Link to post with title - "New SEC Technology to Focus on Suspicious Corporate Disclosures"

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