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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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Eurofresh Farms Seeks Chapter 11 Bankruptcy Protection for a Second Time post image

Eurofresh Farms Seeks Chapter 11 Bankruptcy Protection for a Second Time

North American-based tomato-producer Eurofresh Farms has sought Chapter 11 bankruptcy protection in an Arizona courtroom. The filing marks the second time in four years that Eurofresh has sought protection under bankruptcy law. The company announced its plan to sell assets to its major rival, NatureSweet Ltd., which has offered to purchase the majority of the company’s assets […]

Author: Joel R. Glucksman

Link to post with title - "Eurofresh Farms Seeks Chapter 11 Bankruptcy Protection for a Second Time"
New NJ Flood Maps and Regulations Pose Challenges and Opportunities post image

New NJ Flood Maps and Regulations Pose Challenges and Opportunities

On January 24, 2013, Governor Chris Christie and the NJ Department of Environmental Protection (“NJDEP”) announced emergency regulations that adopted the Federal Emergency Management Agency (“FEMA”)’s updated Advisory Base Flood Elevation (ABFE) maps.  The new regulations also amended the Flood Hazard Area Control Act (“FHACA”) regulations in light of the devastation caused by Superstorm Sandy.  […]

Author: William Sullivan

Link to post with title - "New NJ Flood Maps and Regulations Pose Challenges and Opportunities"
Court Rules UBS Owes No Money to "Tax Cheats" post image

Court Rules UBS Owes No Money to "Tax Cheats"

UBS will not be required to pay damages to U.S. clients who were caught for tax law violations and forced to pay back taxes, interest, and penalties to the Internal Revenue Service. The 7th U.S. Circuit Court of Appeals in Chicago handed down the ruling, and scolded the “tax cheats” for seeking recovery in the “travesty” […]

Author: James F. McDonough

Link to post with title - "Court Rules UBS Owes No Money to "Tax Cheats""
Thousands of Former Players Bring Class-Action Lawsuit Against NFL post image

Thousands of Former Players Bring Class-Action Lawsuit Against NFL

The National Football League is currently facing a class-action lawsuit from thousands of former players, and their wives, for allegedly hiding information related to brain injuries caused by playing football. Paul Barrett, assistant managing editor at Bloomberg Businessweek, noted that although the plaintiffs may face challenges trying to prove they were unaware of the risks […]

Author: Scarinci Hollenbeck, LLC

Link to post with title - "Thousands of Former Players Bring Class-Action Lawsuit Against NFL"
Will the American Idol Discrimination Suit Be Voted Off by the EEOC? post image

Will the American Idol Discrimination Suit Be Voted Off by the EEOC?

American Idol is making headlines this season, for all of the wrong reasons. Following reports of infighting among the judges, several former contestants are now seeking to file a discrimination lawsuit. The contestants, who span several seasons, allege that the producers of American Idol have unfairly discriminated against African American contestants by inquiring about arrest […]

Author: Scarinci Hollenbeck, LLC

Link to post with title - "Will the American Idol Discrimination Suit Be Voted Off by the EEOC?"
School Supply Distributor Seeks Chapter 11 Bankruptcy Protection post image

School Supply Distributor Seeks Chapter 11 Bankruptcy Protection

School Specialty Inc., a distributor of educational supplies to grade schools, has filed for Chapter 11 protection under bankruptcy law. The Wisconsin-based company sought protection in U.S. Bankruptcy Court in Delaware, and listed $494.5 million in assets and $394.5 million in liabilities. Following the bankruptcy filing, and an announcement that the assets would be auctioned […]

Author: Joel R. Glucksman

Link to post with title - "School Supply Distributor Seeks Chapter 11 Bankruptcy Protection"
Employer Notifications Under Patient Protection and Affordable Care Act Postponed post image

Employer Notifications Under Patient Protection and Affordable Care Act Postponed

New York and New Jersey employers have been given a short temporary reprieve for a major notice requirement under the Patient Protection and Affordable Care Act. The Departments of Labor, Treasury, and Health and Human Services recently announced that the March 13, 2013 deadline for providing written notice of Health Care Exchange requirements is being […]

Author: Scarinci Hollenbeck, LLC

Link to post with title - "Employer Notifications Under Patient Protection and Affordable Care Act Postponed"
Government Issues Final Rules on FATCA post image

Government Issues Final Rules on FATCA

Foreign financial institutions that shelter Americans’ offshore funds will now be required to comply with the final rules on FATCA issued by the U.S. Department of Treasury and the Internal Revenue Service. The federal officials announced that they have finalized regulations relating to U.S. tax law compliance and offshore accounts. The groups said that many […]

Author: James F. McDonough

Link to post with title - "Government Issues Final Rules on FATCA"
Court Denies Creditors' Document Request in Alabama Bankruptcy Case post image

Court Denies Creditors' Document Request in Alabama Bankruptcy Case

In the ongoing bankruptcy case of Jefferson County Alabama, Wall Street creditors who petitioned the court for access to county documents relating to city sewer-system rates will not be permitted to view the records, a bankruptcy court has ruled. U.S. Bankruptcy Judge Thomas Bennett denied a request by creditors to examine the documents used by […]

Author: Joel R. Glucksman

Link to post with title - "Court Denies Creditors' Document Request in Alabama Bankruptcy Case"
Oldest Swiss Bank to Close After Pleading Guilty to Helping U.S. Clients Evade Taxes post image

Oldest Swiss Bank to Close After Pleading Guilty to Helping U.S. Clients Evade Taxes

Wegelin and Co., the oldest bank in Switzerland, will soon shut its doors following a guilty admission for helping American clients evade U.S. tax law by hiding more than a billion dollars in income from the Internal Revenue Service. Otto Bruderer, an official at the 270-year-old Swiss institution, entered the guilty plea on the bank’s […]

Author: James F. McDonough

Link to post with title - "Oldest Swiss Bank to Close After Pleading Guilty to Helping U.S. Clients Evade Taxes"
Tribune Co. to Drop Certain Clawback Lawsuits Against Executives post image

Tribune Co. to Drop Certain Clawback Lawsuits Against Executives

Clawback Lawsuits to be Dropped, but NOT for all Executives The Tribune Co., owner of several notable newspapers and television stations, announced that it plans to drop some lawsuits against the executives that it asserts contributed to its bankruptcy. Following upon its recent emergence from bankruptcy protection, the company said it plans to drop the […]

Author: Joel R. Glucksman

Link to post with title - "Tribune Co. to Drop Certain Clawback Lawsuits Against Executives"
Business Owners: Avoid Tax Compliance Hang-ups Related to Independent Contractors post image

Business Owners: Avoid Tax Compliance Hang-ups Related to Independent Contractors

Avoid Tax Compliance Issues There are a number of perks to hiring independent contractors for jobs, rather than relying on salaried employees. However, there can also be potential tax law missteps related to issuing forms to freelance workers, making it important for business owners to tread cautiously around filing season. Failing to comply with federal […]

Author: James F. McDonough

Link to post with title - "Business Owners: Avoid Tax Compliance Hang-ups Related to Independent Contractors"

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