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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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IRS Will Revise Rules Governing Nonprofit Groups’ Political Activity

The Internal Revenue Service (IRS) has announced that it will revise, without holding a public hearing, the proposed rules governing nonprofit groups’ involvement in politics. The rules, released last year, attempted to provide guidance for the political activity groups organized under section 501(c)(4) of the U.S. tax code could take without risking the loss of […]

Author: James F. McDonough

June 5, 2014

FTC Releases Report on Data Brokers

Data brokers are businesses that collect consumers’ personal information and resell or share that information with others. Data brokers are important participants in the Big Data economy. After its lengthy investigation of the data-broker industry concluded, the Federal Trade Commission (FTC) released its report titled “Data Brokers: A Call For Transparency and Accountability.” The report […]

Author: Scarinci Hollenbeck, LLC

June 4, 2014

Pfizer, AstraZeneca deal may be dead in the water

Tax inversions have been covered heavily in financial media in recent months, causing a significant stir of public opinion regarding corporate tax rates and some discussion of government action. One of the most significant inversions to be considered is the one between Pfizer, the second largest global pharmaceutical company, and AstraZeneca, the eighth, according to […]

Author: James F. McDonough

June 4, 2014

Business Tax

Why An Estate Plan is Important for Married Couples Too

Far too many married couples fail to make an estate plan because they imagine that the surviving spouse can deal with passing on their shared possessions. In reality, proper estate planning should begin long before either spouse passes away, if you hope to minimize your tax liability and accomplish your financial and non-financial goals. We’ve […]

Author: Scarinci Hollenbeck, LLC

June 2, 2014

Estate & Trust Litigation

BP is Heading to the Supreme Court

BP has announced it will take the battle over its multibillion-dollar Gulf of Mexico oil spill settlement to the U.S. Supreme Court. In the meantime, BP has asked the U.S. Court of Appeals in New Orleans to keep the payment of some claims on hold while it appeals the claims process, arguing it could be […]

Author: Robert E. Levy

June 2, 2014

Pistorius to Undergo Psychiatric Evaluation

South African Olympian, Oscar Pistorius, has had many of his personal failings laid bare in court after shooting his girlfriend, Reeva Steenkamp, through a bathroom door. The athlete contends that the event was an accident and that he thought he was acting to protect himself and Steenkamp against an intruder, according to the LA Times. […]

Author: Scarinci Hollenbeck, LLC

May 30, 2014

Entertainment and Sports

Obama calls for a $302 billion transportation bill

The state of the U.S.’s infrastructure since the recession hit in 2008 has been steadily decaying. In a May 14 speech at the foot of the Tappan Zee Bridge, President Barack Obama called for congress to pass a $302 billion transportation bill, according to Newsday. The president argued that the bill would support hundreds of […]

Author: Scarinci Hollenbeck, LLC

May 30, 2014

Judge Rhodes denies art request

One of the most interesting debates in the Detroit bankruptcy case has been the fate of the art collection at the Detroit Institute of Arts (DIA). In an argument supported by many of the city’s creditors on May 15, Marc Kieselstein, an attorney for bond insurer Syncora, suggested that outside experts should be allowed to take […]

Author: Joel R. Glucksman

May 30, 2014

Writing a Book? Don’t Cross Amazon!

Amazon is a retail powerhouse, so it can be an author’s best friend or, as Hachette – one of the big New York publishers – is finding out, it can also be your worst enemy. Amazon has had an uncomfortable relationship with the writing community and it has been taking action to discourage shoppers from […]

Author: Dan Brecher

May 30, 2014

Objections Submitted Over Detroit Bankruptcy Plan

The political disputes over Detroit’s restructuring plans were brought sharply into focus May 12, when 15 objections to the city’s debt adjustment plan were filed in bankruptcy court. Objections were filed by creditors, residents, Oakland and Macomb counties and, most notably, by the United States government, according to MLive. The U.S. Department of Housing and […]

Author: Joel R. Glucksman

May 29, 2014

eBay Data Breach: How is it Different this Time?

By Fernando M. Pinguelo and Daniel Sodroski Last week, eBay, Inc. disclosed that its database containing sensitive customer information was stolen as early as February of this year. While customer password databases have been the target for cybercriminals in the past, eBay’s Data Breach is unique because it is more than just an attack on […]

Author: Scarinci Hollenbeck, LLC

May 28, 2014

How To Overcome A Fraudulent Conveyance

Here are some steps you can take to get paid if you have a good and substantial claim against a person or business, and you are told that even if you get a judgment you will have a hard time collecting because there are or will be no assets left upon which you could enforce […]

Author: Dan Brecher

May 28, 2014

Debt

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