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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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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: Scarinci Hollenbeck, LLC

May 14, 2014

Entertainment and Sports

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: Scarinci Hollenbeck, LLC

May 14, 2014

Business Tax

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

COBRA Model Notices Updated

There has been much confusion about Consolidated Omnibus Budget Reconciliation Act (COBRA) continuation coverage versus obtaining coverage through the Health Insurance Marketplace (the “Marketplace”) established by the Affordable Care Act (ACA). Previously, COBRA Notices did not explain how COBRA eligible persons might obtain less expensive Marketplace coverage. There also was considerable confusion about whether an […]

Author: Scarinci Hollenbeck, LLC

May 13, 2014

New Jersey Sports Wagering Legalization Battle Costly

Wagering on sports is a popular activity, but it is only legal in a few states. Nevada is the biggest sports-betting state, as it is home to the casino capital of the world in Las Vegas. However, New Jersey has been attempting to legalize wagering in the past year to no avail, which has cost the Garden […]

Author: Scarinci Hollenbeck, LLC

May 12, 2014

The Meaning of “Corporate Guidance”

Many companies provide “corporate guidance” to investors and other interested parties. Guidance refers to what management expects the company to do in the future. Essentially, it is the practice of predicting business expectations in order for investors to evaluate the company’s earnings potential. You may recall a similar practice referred to as the “whisper number.” […]

Author: Dan Brecher

May 12, 2014

Investors

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