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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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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"
Employers Beware: Misclassification of Workers Is the Focus of DOL Action post image

Employers Beware: Misclassification of Workers Is the Focus of DOL Action

On January 24, 2013, the U.S. Department of Labor (“DOL”) proposed to conduct a first-of-its-kind survey of employers and employees about their experiences and knowledge of worker “misclassification.” Worker misclassification occurs when a bona fide, common law employee is classified to be an “independent contractor” so as to avoid tax withholding, overtime pay and insurance […]

Author: Scarinci Hollenbeck, LLC

Link to post with title - "Employers Beware: Misclassification of Workers Is the Focus of DOL Action"
Handy Hardware Files for Chapter 11 Bankruptcy Protection post image

Handy Hardware Files for Chapter 11 Bankruptcy Protection

Handy Hardware Wholesale, Inc., a dealer-owned hardware wholesale group operating in 14 states filed for Chapter 11 protection under bankruptcy law after a costly expansion straddled it with debt. Handy filed for protection from its creditors in U.S. Bankruptcy Court in Wilmington, Delaware. The wholesale group has roughly 1,000 members, who wholly own the company, […]

Author: Joel R. Glucksman

Link to post with title - "Handy Hardware Files for Chapter 11 Bankruptcy Protection"
Don’t Negotiate Without It: Tips for Drafting Non-Disclosure Provisions post image

Don’t Negotiate Without It: Tips for Drafting Non-Disclosure Provisions

Most businesses maintain as confidential various forms of proprietary information like revenue projections, operating expenses, secret formulas, business plans, customer lists and any number of other forms of information that would lose value if widely disseminated.  At the same time, it is often necessary to share such information to further business goals.  The use of […]

Author: Donald M. Pepe

Link to post with title - "Don’t Negotiate Without It: Tips for Drafting Non-Disclosure Provisions"
O.J. Simpson Owes Half A Million Tax Debt to IRS post image

O.J. Simpson Owes Half A Million Tax Debt to IRS

Former football star O.J. Simpson is facing a slew of legal issues and the latest involves a hefty tax debt owed to the Internal Revenue Service. Simpson, who is currently serving a 30-year prison sentence in Nevada’s Lovelock Correctional Center after a 2008 conviction involving kidnapping and armed robbery, has reportedly skipped out on paying […]

Author: Scarinci Hollenbeck, LLC

Link to post with title - "O.J. Simpson Owes Half A Million Tax Debt to IRS"
Facebook Settles Class-Action Lawsuit for $20 Million post image

Facebook Settles Class-Action Lawsuit for $20 Million

Members represented in a class-action lawsuit against social media giant Facebook may be entitled to a $10 payout after the networking site agreed to a $20 million-dollar settlement. The class-action lawsuit revolves around Facebook’s use of members’ names, photos, likenesses and identities in sponsored ads without their permission. This scenario became an issue when the website […]

Author: Scarinci Hollenbeck, LLC

Link to post with title - "Facebook Settles Class-Action Lawsuit for $20 Million"
Senate Bill Would Create Private Cause of Action in New Jersey for Bad Faith Insurance Claims post image

Senate Bill Would Create Private Cause of Action in New Jersey for Bad Faith Insurance Claims

Legislative efforts are again underway in New Jersey to establish a private cause of action for bad faith claims against insurers.  This would help to codify bad faith doctrine recognized in Rova Farms Resort Inc. v. Investors Ins. Co., 65 N.J. 474 (1974) and in other decisions. Under current law, the Commissioner of Banking and […]

Author: Scarinci Hollenbeck, LLC

Link to post with title - "Senate Bill Would Create Private Cause of Action in New Jersey for Bad Faith Insurance Claims"

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