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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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JPMorgan Awarded $188M N.J. Tax Break To Move To Jersey City

Last week New Jersey’s Economic Development Authority approved $190 million in tax credits over a 10-year period for JPMorgan Chase to relocate its headquarters to the state.The incentive agreement calls for $18.8 million per year, including $8,734 per job. The company’s relocation will create 2,150 technology jobs for its Jersey City campus, bringing the total […]

Author: Scarinci Hollenbeck, LLC

July 31, 2015

NJ Supreme Court Rules Watchdog Employees Entitled Whistleblower Protection

The Supreme Court of New Jersey recently held that a plaintiff who reports conduct as part of his or her job is entitled to the whistle-blowing protections afforded under the Conscientious Employee Protection Act (CEPA). In light of the precedential decision in Lippman v. Ethicon, employers will have difficulty arguing that whistleblower employees were simply […]

Author: Joel N. Kreizman

July 31, 2015

Baha Mar Filing for Chapter 11 Bankruptcy Protection

Baha Mar, Ltd, the new 1,000 acre mega-resort in the Bahamas, recently announced that it will voluntarily file for Chapter 11 bankruptcy protection. The announcement of Baha Mar filing for Chapter 11 came after a series of delays halted construction for the $3.5 billion project. Baha Mar fails to open The $3.5 billion hotel and casino project in Nassau […]

Author: Joel R. Glucksman

July 30, 2015

Are Performance Reviews Becoming Passé? Five Tips for Re-tooling Your Policy

For supervisors and their reports, the requirement for conducting performance reviews has been an annual rite that both sides have endured at sufferance. The quality of the process and its purpose is rarely evaluated or questioned. However, this is increasingly not true as businesses are beginning to cast aside formal employee reviews in favor of […]

Author: Scarinci Hollenbeck, LLC

July 30, 2015

Scarinci Hollenbeck

The Implied Covenant in Every Contract - Do You Know Where to Find it?

Sometimes agreements are more fickle than the parties involved would like them to be, and should they break the contract, the implied covenant of good faith and fair dealing could serve as a basis for a lawsuit. This implied covenant has come up many times in both sports and entertainment law. Most recently, the implication […]

Author: Scarinci Hollenbeck, LLC

July 29, 2015

Scarinci Hollenbeck

Voting With Your Feet: When Residents of A State Decide It Is Time To Leave

I do not respond on the postings of persons who comment on the tax blog; however, one such post was brought to my attention and it is prescient and deserving of a response. The comment was written in response to our blog that described the impact of this state’s Inheritance Tax and Estate Tax upon […]

Author: James F. McDonough

July 29, 2015

NJ Court Rules on Condominium Association Lien: What You Need to Know

In a recent decision by the United States Bankruptcy Court for the District of New Jersey, the Court ruled that condominium association liens are only limited to a six-month priority over a first mortgage. What this means for homeowners is that a condominium association lien can be stripped off the residence in a Chapter 13 […]

Author: Joel R. Glucksman

July 28, 2015

Scarinci Hollenbeck

New York Cracking Down on Payroll Debit Cards

The New York State Department of Labor (NYSDOL) recently proposed regulations that would restrict an employer’s use of payroll debit cards for the payment of wages. The proposed employment regulations would impact approximately 13,000 New York businesses that pay wages to approximately 200,000 workers via payroll debit cards. Across the country, an estimated 5.8 million […]

Author: Scarinci Hollenbeck, LLC

July 28, 2015

Scarinci Hollenbeck

Combat Idea Thieves With Nondisclosure Agreements

In the entertainment industry, not even ideas are safe, which is why nondisclosure agreements may come in handy when discussing potential movie plots, recently written lyrics or any other creative thoughts. Any discussion of an idea without an NDA could lead to the thought being stolen, without any repercussions. Take, for example, the story of Bonnie Vent and her […]

Author: Scarinci Hollenbeck, LLC

July 27, 2015

Crowdfunding Crash Course for Small Business Owners

Crowdfunding Crash Course for Small Business Owners Many small business owners and entrepreneurs are still finding that it is difficult to secure funding for their businesses or ventures. Yet, very few ever explore crowdfunding. According to a recent survey, many business owners simply don’t know enough about securing capital from the “crowd.” Manta, which provides […]

Author: Dan Brecher

July 27, 2015

Protecting Your Business Data in a Social Media World

Mind Your Trade Secrets – Protecting Your Business Data in a Social Media World Facebook users spend more than 700 minutes per month on the site. Meanwhile, Twitter registers 230 million tweets per day. Given the proliferation of social media, it is safe to assume that your employees —from corporate executives to sales staff to […]

Author: Scarinci Hollenbeck, LLC

July 24, 2015

From Predator to prey: The details of CTPartners Chapter 11 Filing

Last week CTPartners Executive Search Inc. announced it was voluntarily filing for Chapter 11 bankruptcy protection, according to the New York Post. Once the seventh-largest executive search firm in the U.S., CTPartners recently reported that it will suspend operations by June 30. CTPartners heads into Chapter 11 CTPartners recently disclosed that its $61 million asset sale […]

Author: Joel R. Glucksman

July 24, 2015

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