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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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When Are Banks Liable for Injuries on A Foreclosed Property? post image

When Are Banks Liable for Injuries on A Foreclosed Property?

As New Jersey continues to address the glut of abandoned, a foreclosed property, liability issues are arising over who is responsible when injuries occur. In a recent decision, the Appellate Division refused to impose liability on Bank of America, N.A. (BOA) for a slip-and-fall injury that occurred on an icy sidewalk abutting a foreclosed property. […]

Author: Robert A. Marsico

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Can a “Hot” Industry contribute to the success of your startup? post image

Can a “Hot” Industry contribute to the success of your startup?

There are no guarantees when it comes to a start-up’s success. In fact, 8 out of 10 entrepreneurs who start businesses fail within the first 18 months. So how can you boost the probability of your start-up’s success? To start, it helps to enter a “hot” industry where there is room for new businesses to […]

Author: Dan Brecher

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Co-Founder Feuds Highlights Importance of A Written Partnership Agreement post image

Co-Founder Feuds Highlights Importance of A Written Partnership Agreement

A recent article in the Los Angeles Times highlights that handshake agreements and napkin contracts can lead to nasty legal disputes among business co-founders. Most importantly, it underscores the need for a formal written partnership agreement or shareholder agreement. Citing ongoing disputes involving Snapchat, Yik Yak and Tinder, the article suggests that the booming tech […]

Author: Dan Brecher

Link to post with title - "Co-Founder Feuds Highlights Importance of A Written Partnership Agreement"
Is Your Business Doing Enough to Combat Distracted Driving? post image

Is Your Business Doing Enough to Combat Distracted Driving?

In recognition of Distracted Driving Awareness Month, we would like to share a startling statistic — distracted driving is currently the most common cause of workplace fatalities in the United States. To keep employees safe and avoid liability from distracted driving, businesses should consider adopting comprehensive cell phone policies. As a reminder about how dangerous […]

Author: Scarinci Hollenbeck, LLC

Link to post with title - "Is Your Business Doing Enough to Combat Distracted Driving?"
Getting Employees (Through Training) on Board Is Key to Data Security post image

Getting Employees (Through Training) on Board Is Key to Data Security

Would your employees sell their business passwords to a third party for a measly $150? While most employers would likely respond with a resounding “NO,” such confidence may not be so justified when it comes to data security. Survey Reveals Lax Password Management A recent survey found that many employees are still not taking data […]

Author: Scarinci Hollenbeck, LLC

Link to post with title - "Getting Employees (Through Training) on Board Is Key to Data Security"
Moral Turpitude Clause & Celebrity Disasters post image

Moral Turpitude Clause & Celebrity Disasters

Why is a Moral Turpitude Clause in Every Endorsement Deal Contract? What do Charlie Sheen, Tiger Woods and Rashard Mendenhall all have in common? All three were involved in legal disputes based on the moral turpitude clauses in their respective contracts. A Clause to Save Your Brand’s Cause A moral turpitude clause basically accounts for […]

Author: Scarinci Hollenbeck, LLC

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C&A Marketing Snaps Up Assets of Bankrupt SkyMall post image

C&A Marketing Snaps Up Assets of Bankrupt SkyMall

C&A Marketing Inc. announced on April 1 that it had purchased the physical assets and intellectual property of once-iconic in-flight catalog company SkyMall through a bankruptcy auction. C&A Marketing, a Ridgefield, New Jersey-based company that manufactures and markets a wide range of products, will pay $1.9 million to consummate the sale. Bankruptcy filing This follows […]

Author: Joel R. Glucksman

Link to post with title - "C&A Marketing Snaps Up Assets of Bankrupt SkyMall"
Number of S&P 500 Firms Skirting US Taxes Hits New Record post image

Number of S&P 500 Firms Skirting US Taxes Hits New Record

The number of S&P 500 firms that do not pay U.S. corporate income taxes has surged to an all-time high. At a time when many enterprises are performing inversions and shifting their legal addresses overseas, a record 54 companies in the S&P 500 have achieved a lower effective tax rate from the U.S. corporate income […]

Author: Scarinci Hollenbeck, LLC

Link to post with title - "Number of S&P 500 Firms Skirting US Taxes Hits New Record"
Is The Affordable Care Act a Jobs Creator? post image

Is The Affordable Care Act a Jobs Creator?

Nearly five years after its inception, the Affordable Care Act (ACA) remains controversial. The U.S. Supreme Court is currently considering yet another legal challenge, and Republicans in Congress have not abandoned efforts to nullify it completely. For U.S. businesses, the Affordable Care Act presents a number of compliance challenges, from new tax responsibilities to new reporting […]

Author: Dan Brecher

Link to post with title - "Is The Affordable Care Act a Jobs Creator?"
Corporate Bankruptcies Rise At Rapid Rate post image

Corporate Bankruptcies Rise At Rapid Rate

Reuters reports that publicly traded corporate bankruptcies are at the highest level seen in five years. The article notes a divergence of opinion as to whether the cause is a more aggressive approach by lenders or the collapse of oil and commodity prices. The majority of these bankruptcies appear to be in the oil or […]

Author: Joel R. Glucksman

Link to post with title - "Corporate Bankruptcies Rise At Rapid Rate"
Securities Fraud Claims Resolved By Supreme Court post image

Securities Fraud Claims Resolved By Supreme Court

In Omnicare, Inc. v. Laborers District Council Construction Industry Pension Fund, the U.S. Supreme Court addressed when statements of opinion are actionable under Section 11 of the Securities Act of 1933 (Section 11). The Court’s decision resolves the existing Circuit split and creates a new legal standard for future securities lawsuits. Facts of the Case […]

Author: Dan Brecher

Link to post with title - "Securities Fraud Claims Resolved By Supreme Court"
Department of Labor Releases Much-Anticipated Fiduciary Rule post image

Department of Labor Releases Much-Anticipated Fiduciary Rule

After many delays and prolonged anticipation, the Department of Labor (DOL) finally released hotly contested, proposed a new fiduciary rule, which would increase the number of plan service providers falling within the definition of “fiduciary.” If the new fiduciary rule is adopted, financial advisors will be subjected to significantly higher legal standards governing their retirement […]

Author: Scarinci Hollenbeck, LLC

Link to post with title - "Department of Labor Releases Much-Anticipated Fiduciary Rule"

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