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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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    Exide Technologies Considering Bankruptcy Amid Regulatory Scrutiny post image

    Exide Technologies Considering Bankruptcy Amid Regulatory Scrutiny

    Car- and battery-maker Exide Technologies is considering bankruptcy protection under Chapter 11 this summer, sources familiar with the company told the Wall Street Journal. The company is due to make a $56 million payment in September, but has faced shrinking profitability as a result of higher-than-expected restructuring expenses, reduced demand in a number of markets, and higher […]

    Author: Joel R. Glucksman

    Link to post with title - "Exide Technologies Considering Bankruptcy Amid Regulatory Scrutiny"
    NJ Court Rules Building Owner Not Responsible for Safety of Water Supply post image

    NJ Court Rules Building Owner Not Responsible for Safety of Water Supply

    New Jersey’s Appellate Division recently ruled that a building owner could not be held liable when an employee contracted Legionnaires’ disease from the building’s water supply. The case, Vellucci v. Allstate Insurance Company, offers an interesting discussion of the legal responsibilities of a New Jersey commercial property owner. The Facts of the Case Albert D. […]

    Author: Robert E. Levy

    Link to post with title - "NJ Court Rules Building Owner Not Responsible for Safety of Water Supply"
    Lawsuit Would Make 'Happy Birthday' Song Public Domain post image

    Lawsuit Would Make 'Happy Birthday' Song Public Domain

    The “Happy Birthday” song is central in movies, music, plays, radio shows, and everyday life. Unbeknownst to many, however, the rights to the song actually belong to Warner/Chappell Music Inc., the publishing arm of Warner Music Group, and the group maintains sole rights to the song’s reproduction, distribution, and public performances. A new lawsuit brought against the […]

    Author: Scarinci Hollenbeck, LLC

    Link to post with title - "Lawsuit Would Make 'Happy Birthday' Song Public Domain"
    Domestic Asset Protection – Why State Legislation Is Not Set In Stone post image

    Domestic Asset Protection – Why State Legislation Is Not Set In Stone

    The State of Nevada spent considerable time and effort in crafting its asset protection and dynasty trust statute. Nevada worked hard to attract trust business to the state in an effort to broaden its economic base and decrease its reliance upon tourism and mining. Yet, one amendment to a piece of legislation nearly upset years […]

    Author: James F. McDonough

    Link to post with title - "Domestic Asset Protection – Why State Legislation Is Not Set In Stone"
    IRS Loses Court Case Against Yankees Co-Owner Hal Steinbrenner post image

    IRS Loses Court Case Against Yankees Co-Owner Hal Steinbrenner

    A court case against Yankees co-owner and managing partner Hal Steinbrenner ruled that he will not be required to repay the Internal Revenue Service $670,000 in what the agency called an “erroneous” tax refund that it mistakenly extended to Steinbrenner and his wife in 2009, a federal court ruled. The issues go back to IRS audits […]

    Author: James F. McDonough

    Link to post with title - "IRS Loses Court Case Against Yankees Co-Owner Hal Steinbrenner"
    Jefferson County, Alabama and Creditors Reach Deal to Exit Municipal Bankruptcy post image

    Jefferson County, Alabama and Creditors Reach Deal to Exit Municipal Bankruptcy

    Jefferson County, Alabama, has announced the details of an agreement it reached with creditors that will enable the distressed county to formally exit municipal bankruptcy. The county has agreed to refinance its existing debts by June 30 in an effort to officially emerge from bankruptcy law protection by November 2013. According to the terms of […]

    Author: Joel R. Glucksman

    Link to post with title - "Jefferson County, Alabama and Creditors Reach Deal to Exit Municipal Bankruptcy"
    Small Businesses May Be Subject to IRS Robo-Audits post image

    Small Businesses May Be Subject to IRS Robo-Audits

    The Internal Revenue Service is leaning more heavily on technology to help detect potential tax law violations, and this trend is expected to continue as it faces limited manpower to execute compliance protocols and audits. Historically, the IRS has used so-called “robo-audits” to monitor inconsistencies in the tax returns of middle-income Americans. However, a recent […]

    Author: Scarinci Hollenbeck, LLC

    Link to post with title - "Small Businesses May Be Subject to IRS Robo-Audits"
    Department of Labor Provides Updated Guidance on Notice of Exchange Required by PPACA post image

    Department of Labor Provides Updated Guidance on Notice of Exchange Required by PPACA

    The Patient Protection and Affordable Care Act (PPACA) imposes a number of new obligations on New York and New Jersey employers. One of the most significant notification requirements involves the health insurance marketplaces that will be established in 2014. After delaying the scheduled implementation of the Notice to Inform Employees of Coverage Options requirement, the […]

    Author: Scarinci Hollenbeck, LLC

    Link to post with title - "Department of Labor Provides Updated Guidance on Notice of Exchange Required by PPACA"
    CNET Founder Halsey Minor Seeks Chapter 7 Bankruptcy Protection post image

    CNET Founder Halsey Minor Seeks Chapter 7 Bankruptcy Protection

    Tech industry investor and CNET Networks co-founder Halsey Minor filed for bankruptcy protection in the U.S. Bankruptcy Court in Los Angeles, only a few short years after selling his company for $1.8 billion. The entrepreneur opted for Chapter 7 bankruptcy, which involves the liquidation of his assets and the sale of non-exempt property, the proceeds of […]

    Author: Joel R. Glucksman

    Link to post with title - "CNET Founder Halsey Minor Seeks Chapter 7 Bankruptcy Protection"
    Will Starbucks Succeed in Securing New U.S. Tax Breaks? post image

    Will Starbucks Succeed in Securing New U.S. Tax Breaks?

    Starbucks Corporation and roughly a dozen other large conglomerates are taking individual appeals to lawmakers in the hopes of overhauling current tax law policies and expanding certain tax breaks, a new analysis reveals. The Financial Times reports that the popular coffee chain, which maintains a global presence, reached out to lawmakers who are considering making changes to […]

    Author: Scarinci Hollenbeck, LLC

    Link to post with title - "Will Starbucks Succeed in Securing New U.S. Tax Breaks?"
    New York Child Modeling Legislation May Alter the Fashion Industry post image

    New York Child Modeling Legislation May Alter the Fashion Industry

    Proposed modeling legislation in the state of New York may have a dramatic impact on the fashion industry as it would afford child fashion models that same legal protections as those applied to child actors, dancers, and performers under the age of 18. State Senate Co-Leader Jeff Klein and State Senate Labor Committee Chairwoman Diane Savino recently […]

    Author: Scarinci Hollenbeck, LLC

    Link to post with title - "New York Child Modeling Legislation May Alter the Fashion Industry"
    U.S. Reaches Key Agreement With Chinese Regulators Over Auditing Access post image

    U.S. Reaches Key Agreement With Chinese Regulators Over Auditing Access

    The Public Company Accounting Oversight Board (PCAOB), a nonprofit corporation established by Congress to oversee the audits of public companies, recently announced a critical first step in its efforts to secure audit documents in China. The memorandum of understanding is the product of lengthy negotiations with Chinese regulators over enforcement cooperation. As we have previously […]

    Author: Dan Brecher

    Link to post with title - "U.S. Reaches Key Agreement With Chinese Regulators Over Auditing Access"

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