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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Test Preparation Company Seeks Bankruptcy Protection

Education Holdings filing for Chapter 11 Bankruptcy Protection High school and college students, who are preparing for the SAT and GRE tests in the hope of getting into a good school, now have – at least temporarily – one fewer option when choosing a test preparation company, as one popular service provider has filed for […]

Author: Joel R. Glucksman

January 29, 2013

Cross-Border Swaps Are A Top SEC Priority for 2013

The Securities and Exchange Commission (SEC) recently announced that cross-border security-based swaps rules would be a top priority for 2013. SEC Chairman Elisse Walter has characterized the swap rules as “the critical linchpin” of the Dodd-Frank Wall Street Reform and Consumer Protection Act due to the “global nature of the market.” “That is what is […]

Author: Dan Brecher

January 29, 2013

Court Approves Sale of Kodak's Digital Patents, Eastman Business Park Utilities

2013: The Year Kodak emerges from Bankruptcy Protection? The Eastman Kodak Co. is a step closer to emerging from Chapter 11 bankruptcy protection in mid-2013 after a U.S. court approved the long-awaited sale of its digital imaging patents. United States Bankruptcy Judge Allan Gropper approved the $527 million purchase of Eastman Kodak Co.’s digital imaging […]

Author: Joel R. Glucksman

January 25, 2013

Atari Inc. Files for Chapter 11 Bankruptcy Protection

Filing for Bankruptcy Protection The U.S. arm of video game maker Atari filed for Chapter 11 bankruptcy protection under bankruptcy law in a U.S. Bankruptcy Court in New York. The popular game maker along with three of its affiliates filed for protection in an effort to distance itself from its French parent and find a […]

Author: Joel R. Glucksman

January 24, 2013

Chapter 11

Lawmakers Looking To Change Shareholders’ Derivative Suits

Lawmakers Poised to Raise the Bar for New Jersey Shareholders’ Derivative Suits Lawmakers in New Jersey are looking to create legislation that would make it more difficult to bring derivative suits by corporate shareholders could soon become a reality. The measure has been approved by the New Jersey Assembly and is quickly making its way […]

Author: Scarinci Hollenbeck, LLC

January 24, 2013

New Jersey Business Regulations

Colony to Take Over as LodgeNet Files for Bankruptcy

Filing for Bankruptcy A company that provides video and internet services to hotels and health sectors has filed for protection under bankruptcy law, and plans to hand over the reins to another business. LodgeNet Interactive Corp. filed for Chapter 11 protection following an agreement with Colony Capital, in which the latter will provide $60 million […]

Author: Joel R. Glucksman

January 22, 2013

Chapter 11

Judge to Rule Whether GM Bankruptcy Favored Hedge Funds Over Creditors

Bankruptcy Judge to Provide Ruling U.S. Bankruptcy Judge Robert Gerber is expected to hand down a ruling shortly on a controversial provision of the 2009 restructuring of General Motors, the results of which may cost GM upwards of $1 billion dollars. The issue is whether GM unfairly favored hedge fund investors over its unsecured creditors […]

Author: Joel R. Glucksman

January 18, 2013

Investors

Baltimore Behavioral Health Files For Bankruptcy Protection

Filing for Bankruptcy Protection A mental health rehabilitation and addiction facility in Baltimore has filed for Chapter 11 bankruptcy protection under bankruptcy law as a result of heavy debt to creditors and to the Internal Revenue Service. Baltimore Behavioral Health listed more than $5.5 million in liabilities during its filing, noting that it also owed […]

Author: Joel R. Glucksman

January 17, 2013

Microphage Files For Chapter 11 Bankruptcy Protection

Microphage, a company that specializes in bacterial detection innovation and technology, has filed for Chapter 11 bankruptcy protection under bankruptcy law in Colorado. The company listed assets from $500,000 to $1 million, and liabilities between $1 million and $10 million. Microphage is best known as the manufacturer of the first U.S. blood test that identifies […]

Author: Joel R. Glucksman

January 15, 2013

Bankruptcy Judge Approves Sales of Luxury American Airlines London Townhouse

A $23 million London townhouse owned by distressed company American Airlines will be sold in the coming weeks, following unions’ outrage that the company still retained the luxury residence throughout bankruptcy proceedings. U.S. Bankruptcy Judge Sean Lane approved the sale of the five-bedroom house, which is located in an upscale neighborhood a short distance […]

Author: Joel R. Glucksman

January 11, 2013

American Airlines

Tribune Company Set To Exit Bankruptcy Protection

Cable and newspaper network, Tribune Co. is prepared to exit Chapter 11 bankruptcy protection and start the new year with a fresh start. The company, which owns news outlets the Los Angeles Times and Chicago Tribune, announced its plans to emerge from bankruptcy before January, bringing an end to four years of bankruptcy proceedings. The […]

Author: Joel R. Glucksman

January 10, 2013

Paper Maker NewPage Emerges from Bankruptcy Protection

A popular paper mill that operates across the United States has completed its restructuring and emerged from Chapter 11 bankruptcy protection. NewPage Corp., the parent company of a Maine-based paper mill, announced it has successfully reorganized its finances 15 months after filing for protection under bankruptcy law. Following the company’s initial bankruptcy filing, a competitor, […]

Author: Joel R. Glucksman

January 8, 2013

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