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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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House Votes To Make Bonus Depreciation Tax Cut Permanent

The U.S. House of Representatives voted July 11 to make permanent a temporary tax cut that allows businesses to write off 50 percent of the cost of new equipment in the year that it is purchased, according to The Associated Press. Proponents of the break argue that it makes it easier for businesses to invest […]

Author: Scarinci Hollenbeck, LLC

July 25, 2014

Should You Be Protecting Your Business Emails from Prying Eyes?

Would you send an important communication on a postcard? For most businesses, the answer is likely no. Yet companies send unsecured business emails every day, which share many of the same characteristics as postcards. These messages can be intercepted and read by entities other than the intended recipient. The identity of the sender can also […]

Author: Scarinci Hollenbeck, LLC

July 24, 2014

Cyber Security

Will Uber Win the Battle of the Taxi or Succumb to Business Regulation?

Uber records approximately one million ride requests each week and is now valued at an estimated $18.2 billion. Despite its surging popularity with riders, the company continues to face strong resistance from regulators and traditional taxis over its novel business model, which uses a cell phone application to connect drivers using their personal vehicles with […]

Author: Dan Brecher

July 23, 2014

Uber

Proposed Debt Allocation Regulations Produce Unexpected and Unwanted Results

IRS published new regulations in January that would upset 25 years of treatment of the allocation of liabilities. Under current rules, the determination of whether a liability is recourse to a partner (or related person) is determined by whether the partner has an obligation to make a contribution to any person because a liability is due and payable and […]

Author: James F. McDonough

July 23, 2014

The Great Ticket Debate

The resale of tickets at exorbitant prices has long plagued sporting events across the globe. It has become commonplace for dedicated fans to be forced to purchase tickets for nearly three times their actual value, all in the name of attending their favorite concert or sporting event. To combat this widespread epidemic, many states have […]

Author: Scarinci Hollenbeck, LLC

July 23, 2014

Scarinci Hollenbeck Partner Appointed to be a Judge of the Superior Court

Lyndhurst, NJ, July 22, 2014 – Scarinci Hollenbeck congratulates Christine M. Vanek, our partner, colleague, and friend, on her appointment as a Judge of the Superior Court of Hudson County. “Christine’s contributions to the communities she has served during her time at Scarinci Hollenbeck are immeasurable. She will be greatly missed by her colleagues and […]

Author: Scarinci Hollenbeck, LLC

July 22, 2014

NJ “Ban the Box” Bill Headed to Gov. Christie’s Desk

New Jersey may soon be the latest state to “ban the box.” Late last month, the state legislature passed the Opportunity to Compete Act, which would restrict the use of criminal background checks by New Jersey employers. The bill now awaits Gov. Chris Christie’s signature. Six states—Hawaii, California, Connecticut, Massachusetts, Minnesota and New Mexico—have previously […]

Author: Scarinci Hollenbeck, LLC

July 22, 2014

ERISA Class Action Settlement Results in Business Reforms (Not Payment)

Horizon Blue Cross Blue Shield of New Jersey Inc. (Horizon) will alter its business practices and pay $2.5 million in attorney’s fees under the terms of a class action settlement approved in federal court last week. The suit alleged the insurance company under-reimbursed health plan subscribers for out-of-network services in violation of the Employee Retirement […]

Author: Scarinci Hollenbeck, LLC

July 21, 2014

SEC’s Social Media Guidance Recognizes Required Disclosures Often Exceed 140 Characters

Businesses are increasingly using social media to interact with current and potential clients. However, some industries must tread carefully to avoid running afoul of existing regulations, which often do not reflect the new technology. Thankfully, some regulators appear to be recognizing the growing importance of social media and are revising their policies accordingly. The Securities […]

Author: Dan Brecher

July 18, 2014

Securities and Finance

Kansas Tax Cut Leads To Greater Deficit Than Anticipated

In 2012, Kansas lawmakers passed a large income tax cut that was intended to reduce revenue from taxes by a little more than 10 percent, according to Josh Barro writing for The New York Times. Gov. Sam Brownback said at the time that these cuts would create “tens of thousands of jobs,” which would more than […]

Author: James F. McDonough

July 18, 2014

Insider-Trading Streak Ends With Rajaratnam Acquittal

Rengan Rajaratnam will not suffer the same fate as his younger brother, Galleon Group founder Raj Rajaratnam. A federal jury recently cleared him of insider- trading charges. The trial loss brings U.S. Attorney Preet Bharara’s five-year winning streak to an end. He was 81-0 in securing insider-trading convictions over the past four years. Bharara’s high-profile victories include […]

Author: Dan Brecher

July 17, 2014

How Will Hobby Lobby Decision Impact New Jersey Businesses?

In Burwell v. Hobby Lobby, the U.S. Supreme Court struck down the Affordable Care Act’s (ACA) “contraception mandate,” as this applies to “closely held” corporations. Now that the Court has issued its much-anticipated, controversial decision, the debate now rages over how widely it will impact corporate employers. The Contraception Mandate The ACA requires employers with […]

Author: Scarinci Hollenbeck, LLC

July 16, 2014

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