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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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Possible Pfizer inversion raises questions among lawmakers

U.S.-based pharmaceutical company Pfizer has offered to buy British competitor AstraZeneca for $99 billion, according to The New York Times. In buying the company and moving its headquarters to Britain, Pfizer could avoid U.S. corporate tax liability on its income outside of the the country. Currently, the company pays an effective tax rate of approximately […]

Author: James F. McDonough

May 16, 2014

Rihanna Sued for Defamation by Former Bodyguard

Rihanna is known for her chart-topping hit songs, such as “Umbrella” and “What’s My Name,” but the pop singer has found herself in legal trouble, as her former bodyguard is suing for defamation. Geoffrey Keating claims the popstar made “nauseatingly offensive” and false statements about him in an email sent to him and his wife […]

Author: Anthony R. Caruso

May 16, 2014

Defamation

GSE Environmental files for bankruptcy after posting losses

GSE Environmental Inc. and its affiliates filed for protection under Chapter 11 of the bankruptcy law May 4, according to Reuters. GSE makes spill containment products, including geosynthetic lining, for the waste management, water and mining sectors. In a court filing, the company listed assets of between $100 million and $500 million, and liabilities within the […]

Author: Joel R. Glucksman

May 16, 2014

Chapter 11

New Jersey Senate Passes Two Gun-Control Bills

Despite strong opposition from gun-rights activists alleging violations of the Second Amendment rights, the New Jersey Senate has given its final legislative approval to two gun-control measures. The first bill (S2006), was passed in a 22-17 vote in the Senate. It was passed in March by the Assembly in a 46-31 vote. It proposes to […]

Author: Scarinci Hollenbeck, LLC

May 16, 2014

States where cannabis is grown legally resist Sessions' warning letters

When you are raising funds for your start-up business, you most likely are pitching your business proposal to Angel Investors. It is important to do your due diligence regarding what size and type of investments they prefer, at what point of development do they typically invest in a company, and other factors that may impact your […]

Author: Dan Brecher

May 15, 2014

Business

Mt. Gox creditors ask judge to approve settlement

The U.S. creditors of the now-defunct Mt. Gox bitcoin exchange have asked a U.S. judge to approve a proposed settlement that would revive the company, according to Bloomberg. The settlement would still have to be approved by the Japanesebankruptcy court overseeing the company’s liquidation, but would return some money to depositors and resolve claims against […]

Author: Joel R. Glucksman

May 15, 2014

Mt. Gox

Wrongful Death Lawsuit Filed in 'Tough Mudder' Incident

The “Tough Mudder” is a popular race, with obstacles such as rope ladders and muddy army crawls. If something goes wrong, these events could become dangerous, which is exactly what happened in West Virginia. According to the Marietta Times, a male drowned last year on a Tough Mudder course and so his mother recently filed a […]

Author: Anthony R. Caruso

May 14, 2014

Missouri Governor: Tax bill flawed

The Missouri House of Representatives has sent Gov. Jay Nixon another tax-cut bill, according to the Joplin Globe. This one is worth $620 million, and if enacted, would phase in a cut on income taxes for individuals in the top bracket by 0.5 percent and a deduction of 25 percent for business income on personal […]

Author: Frank L. Brunetti

May 14, 2014

Downtown Jersey City Home to New Scarinci Hollenbeck Office

The New Office Places the Firm in the Heart of the City’s Economic Redevelopment Lyndhurst, New Jersey – May 14, 2014 – The law offices of Scarinci Hollenbeck, a full service, regional business law firm in the New York and New Jersey area, is pleased to announce the opening of a new office in Jersey […]

Author: Scarinci Hollenbeck, LLC

May 13, 2014

PIX11 Morning Show Discusses Donald Sterling Apology with Sports Entertainment Lawyer Anthony R. Caruso

Caruso Interviewed to Discuss Next Steps for Donald Sterling New York, NY, May 13, 2014 – Scarinci Hollenbeck attorney Anthony R. Caruso, Esq., appeared Tuesday, May 13, 2014 on the Morning Show for PIX Channel 11 TV in New York City, in order to offer his legal insight into the recent Donald Sterling interview with Anderson […]

Author: Scarinci Hollenbeck, LLC

May 13, 2014

Parsonage Allowance – Once Again It Is An Issue

In the 1990s, an Orange County California minister and the Internal Revenue Service (IRS) battled over the amount of his parsonage or housing allowance. The IRS claimed that the allowance, which is tax-free to the minister, was overstated and that some portion of the allowance should have been reported as income. The case proceeded to […]

Author: James F. McDonough

May 13, 2014

ConnectEDU files for bankruptcy after Gates Foundation grant

Citing an inability to repay its over 200 creditors, college and career planning startup ConnectEDU filed for protection under Chapter 11 of the bankruptcy law on April 28, according to Inside Higher Ed. The company offers planning and tracking tools to aid students looking for colleges and post-college jobs that match their interests and abilities. […]

Author: Joel R. Glucksman

May 13, 2014

Chapter 11

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