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The IRS recently announced that there will be a number of changes upcoming for 2016 with inflation adjustments. According to a Forbes report, these changes most notably include the inflation adjusted unified credit against the lifetime gift and estate tax, which will bump the threshold up from $5.43 million this year to $5.45 million in […]

On Sept. 30, Interphase Corporation, a major information and communications technology company, announced that it had voluntarily filed for Chapter 7 bankruptcy protection. On Sept. 30, Interphase Corporation, a major information and communications technology company, announced that it had voluntarily filed for Chapter 7 bankruptcy protection. According to a Street Insider report, the company has […]

Can a professional athlete file a workers’ compensation claim? Well, it depends on where he or she plays. Dangerous jobs can lead to disability and as a result, prohibit an individual from being able to carry out the work he or she was previously paid for, hence workers’ compensation. Some of the more dangerous jobs […]

Scarinci Hollenbeck is proud to congratulate senior associate Roshan D. Shah on his recent commendation by the New Jersey Attorney General’s Office. Roshan D. Shah successfully defended a federal lawsuit brought against the New Jersey State Police, Colonel Joseph R. Fuentes, and five troopers. Before joining Scarinci Hollenbeck, Mr. Shah was a New Jersey Deputy […]

Todd Terhune, a Scarinci Hollenbeck partner and Chair of the firm’s Brownfields Infrastructure Group will be among the panelists at special half-day workshop entitled “Remedial Action Permit Application Training” to be held on November 9, 2015. Presented by the Site Remediation Industry Network (SRIN) in collaboration with The Chemistry Council of New Jersey (CCNJ) and […]

John M. Scagnelli, a Scarinci Hollenbeck Partner and Chair of the firm’s Environmental and Land Use Law Group, will be a speaker at two sessions at the New Jersey State League of Municipalities Annual Conference. The New Jersey State League of Municipalities Annual Conference will be held in Atlantic City, New Jersey on November 17-19, 2015.  Mr. […]

Involuntary Bankruptcy In a new ruling, In re Forever Green Athletic Fields, Inc.,__F.3rd __(3d. Cir. Oct. 16, 2015), the Third Circuit has joined several other courts in holding that an involuntary bankruptcy petition may be dismissed as a bad faith filing, even if the involuntary petitioners have satisfied all of the explicit requirements under §303 […]

The SEC & FCPA Enforcement The Securities and Exchange Commission (SEC) continues to ramp up its enforcement of the Federal Corrupt Practices Act (FCPA). In 2010, the SEC’s Enforcement Division created a specialized unit dedicated to enforcement of the FCPA, which prohibits U.S. companies from bribing foreign officials for government contracts and other business. To […]

Substantial Compliance The state probate code was amended in 2004 to permit documents that were intended to have testamentary effect but were not executed in accordance with the statutory requirements. The new probate code’s doctrine of substantial compliance holds that if a document was not executed in compliance with the statute, the proponent may establish […]

What is the Exceptional Student-Athlete Disability Program? Professional athletes often purchase insurance to protect against loss of salary should they be seriously injured, but the NCAA also sponsors an insurance program for “exceptional” athletes – those typically bound for professional leagues. This program is known as the Exceptional Student-Athlete Disability Program. The organization offers student-athletes in football, […]

On October 27, 2015, the U.S. Senate passed the Cybersecurity Information Sharing Act (CISA), which is intended to address the increasing number of corporate data breaches. However, critics of the Cybersecurity Information Sharing Act contend that the lack of privacy protections opens the door for wide scale government surveillance. The stated goal of Cybersecurity Information […]

Although tipping has long been the norm for the U.S. restaurant industry, famed restaurateur Danny Meyer recently announced that all of the NYC Restaurants in the Union Square Hospitality Group will eliminate tipping by the end of the year. The policy change will impact 11 notable NYC restaurants, including the Gramercy Tavern, The Modern, and […]