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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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Military Retailer, USA Discounters Ltd. Racks up Debt, Files for Chapter 11 post image

Military Retailer, USA Discounters Ltd. Racks up Debt, Files for Chapter 11

USA Discounters Ltd., a retailer with stores located near 11 of the largest military bases in the nation, recently announced it had filed for Chapter 11 bankruptcy protection. The company plans to wind down operations after liquidating 24 of its store locations. USA Discounters cites several factors for its debt In court documents involving HMRC […]

Author: Joel R. Glucksman

Link to post with title - "Military Retailer, USA Discounters Ltd. Racks up Debt, Files for Chapter 11"
Could Your Business Fall Victim to a Trademark Scam? post image

Could Your Business Fall Victim to a Trademark Scam?

New York and New Jersey businesses are increasingly being targeted by the ever-present threat that is the trademark scam. With that said, it is imperative to be able to discern a potential fraud from legitimate correspondence from the U.S. Patent and Trademark Office (USPTO). The art of the trademark scam flourishes in large part because […]

Author: Fred D. Zemel

Link to post with title - "Could Your Business Fall Victim to a Trademark Scam?"
Restitution Payments are Tax Deductible post image

Restitution Payments are Tax Deductible

Restitution payments are now tax deductible The IRS recently issued a final private letter ruling which held that a principal of a business could deduct the amount of money paid as restitution in a business crime plea deal. This ruling was significant because while Sec. 162(f) states that no fines or penalties paid for violation of a […]

Author: James F. McDonough

Link to post with title - "Restitution Payments are Tax Deductible"
Scarinci Hollenbeck Successfully Defends Frivolous Political Lawsuit post image

Scarinci Hollenbeck Successfully Defends Frivolous Political Lawsuit

Judge Rules in Favor of West New York on Frivolous Political Lawsuit Congratulations to Fran Barto who successfully defended a civil rights action brought against our client, Town of West New York and Mayor Felix Roque, M.D. Plaintiff Dominique Demarquet is a former secretary for the West New York Board of Education (“BOE”); she was […]

Author: Scarinci Hollenbeck, LLC

Link to post with title - "Scarinci Hollenbeck Successfully Defends Frivolous Political Lawsuit"
Will Weakening Markets and Slumping Stocks be the End of the Tech IPO? post image

Will Weakening Markets and Slumping Stocks be the End of the Tech IPO?

Recent public market volatility appears to be chilling the once hot pipeline of initial public offerings (IPOs). While the lower demand could yield “bargain” IPO prices for longer-term holders, it is all about valuation. Does a company really have great growth potential or will it fall flat? As we’ve previously discussed on this blog, 2014 was […]

Author: Dan Brecher

Link to post with title - "Will Weakening Markets and Slumping Stocks be the End of the Tech IPO?"
Tax Benefits: Home Mortgage Interest Deduction for Unmarried Couples post image

Tax Benefits: Home Mortgage Interest Deduction for Unmarried Couples

The Ninth U.S. Circuit Court of Appeals recently ruled that unmarried individuals who purchased a home together are eligible to a home mortgage interest deduction for up to $1.1 million in debt each. This decision reversed a previous tax court decision that stated unmarried individuals were subject to the same $1.1 million limitation as married […]

Author: Scarinci Hollenbeck, LLC

Link to post with title - "Tax Benefits: Home Mortgage Interest Deduction for Unmarried Couples"
Thornton & Co. Files for Chapter 11 Bankruptcy post image

Thornton & Co. Files for Chapter 11 Bankruptcy

On Aug. 10, one of the largest resin distributors and resellers in the U.S., Thornton & Co. Inc., announced that it had filed for Chapter 11 bankruptcy protection. The company further stated that it intends to repay its suppliers through a partial orderly liquidation. Thornton & Co.’s debt accumulates due to industry collapse The resin […]

Author: Joel R. Glucksman

Link to post with title - "Thornton & Co. Files for Chapter 11 Bankruptcy"
Essential Appellate Division Victory for Environmental Group post image

Essential Appellate Division Victory for Environmental Group

Scarinci Hollenbeck Environmental and Land Use Group Lands Appellate Division Victory Scarinci Hollenbeck has achieved a significant Appellate Division victory for its client Allwood Investment Company in Allwood Investment Company v. Jogam Corp., et al. The case was tried by John M. Scagnelli, Partner and Chair of the Environmental and Land Use Law Group, and […]

Author: Scarinci Hollenbeck, LLC

Link to post with title - "Essential Appellate Division Victory for Environmental Group"
Corporate Resource Services Inc Files for Chapter 11 Bankruptcy Protection post image

Corporate Resource Services Inc Files for Chapter 11 Bankruptcy Protection

Corporate Resource Services, Inc., one of the largest staffing firms in the U.S., has filed for Chapter 11 bankruptcy protection. According to Reuters, the company’s decision to seek bankruptcy protection followed the discovery of approximately $80 million in unpaid taxes. Corporate Resource Services debt accumulates The company has been engaged in an orderly wind down […]

Author: Joel R. Glucksman

Link to post with title - "Corporate Resource Services Inc Files for Chapter 11 Bankruptcy Protection"
Federal Contractors Must Provide Paid Sick Leave post image

Federal Contractors Must Provide Paid Sick Leave

President Barack Obama used the Labor Day holiday to announce new paid sick leave requirements for federal contractors. Under the newest of a succession of Executive Orders, workers employed by federal contractors will earn a minimum of one hour of paid sick leave for every 30 hours worked. As with many state and municipal sick […]

Author: Scarinci Hollenbeck, LLC

Link to post with title - "Federal Contractors Must Provide Paid Sick Leave"
Trustee Material Participation More Prominent After Recent Rulings post image

Trustee Material Participation More Prominent After Recent Rulings

Power shifts in trustee material participation Taxpayer victories in Maggie K. Carter Trust v. U.S. and Frank Aragona Trust v. Commissioner  were hailed as opportunities for taxpayers to structure real estate ownership by trusts in a manner that would attribute management activity to the trustee. The result of this trustee material participation was the 3.8% […]

Author: James F. McDonough

Link to post with title - "Trustee Material Participation More Prominent After Recent Rulings"
Mediate or Arbitrate? Which Works Best for You? post image

Mediate or Arbitrate? Which Works Best for You?

To mediate or arbitrate. That is the question. Recording artists and their labels often get into disputes over their contracts, and when this happens there are typically three options: Litigate, mediate or arbitrate. Often it is best, and less costly, to avoid the first option, so, what is the difference between mediation and arbitration? Any […]

Author: Scarinci Hollenbeck, LLC

Link to post with title - "Mediate or Arbitrate? Which Works Best for You?"

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