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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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Brookstone to file for bankruptcy

The consumer electronic gadgets retailer Brookstone, Inc. may be preparing to file for bankruptcy protection under Chapter 11 of the bankruptcy law, according to Bloomberg. The retailer is in talks with Spencer Spirit Holdings, which may acquire it as part of the deal. According to a March 27 statement, the two retailers are in talks […]

Author: Joel R. Glucksman

April 1, 2014

Reconciling Divided Loyalties: The Collision Between Fiduciary Duties of Trustees and Company Managers.

Invariably, wealth transfer structures encounter changing circumstances as the founding generation grows older and passes away. Typically, company managers dominate decision-making for a period of years. Unfortunately, if one of the members of the next generation is designated to take charge to the exclusion of others, the excluded members may resist. Even more dangerous is […]

Author: James F. McDonough

April 1, 2014

Facebook Marketing: Your Business Should Prepare for Reduced Organic Reach

If your business uses Facebook as its primary means for social-media marketing, you may have noticed a decrease in the organic reach of Pages. In other words, users who have “liked” your company are unlikely to naturally see the posts in your news feed as they have been in the past. That is, unless you […]

Author: Sean D. Dias

April 1, 2014

How Could Jeffrey Kessler's Lawsuit Change the NCAA?

Jeffrey Kessler Lawsuit The NCAA is currently basking in the glory of one of the best first weekends of the annual March Madness tournament in history – with major upsets, such as Mercer over Duke and North Dakota State over Oklahoma. However, it isn’t all good for the NCAA, as Jeffrey Kessler recently filed the […]

Author: Anthony R. Caruso

March 31, 2014

NCAA

Sen. Wyden to focus on restoring tax breaks

After announcements from both sides of the political line regarding an overhaul of corporate tax law, the U.S. Senate’s tax-writing committee chairman Sen. Ron Wyden has announced that the committee will not be focusing on such a change in the near future, according to Reuters. Wyden said that tax law reform would be nearly impossible in […]

Author: Frank L. Brunetti

March 31, 2014

Tax Breaks

What are the Factors that Affect Commodity Markets?

Numerous factors impact the price range of commodities that are traded in the world market. Due to the massive volume of commodities traded daily, the commodities market is the world’s second largest market, second to the currency market. There are countless factors that impact the price fluctuations in the commodities market, primarily based upon supply […]

Author: Dan Brecher

March 31, 2014

Anthony R. Caruso Sheds Light on Marc Cuban’s NFL Comments on Fox Business Network

Charles Payne, Guest Host of Fox Business Network’s Varney & Co. Talks Future of NFL and Brooklyn Nets with Sports Attorney Anthony R. Caruso New York, NY – March 28, 2014 – Anthony R. Caruso, Esq., partner and chair of the Sports, Media & Entertainment Law Group of Scarinci Hollenbeck LLC, was invited back to […]

Author: Scarinci Hollenbeck, LLC

March 28, 2014

U.S. Corporate Tax Perspective Fueling Inversion Deals

As the U.S. tax climate – which is already one of the most stringent in the developed world – threatens to grow harsher, the corporate world is seeing an uptick in so-called “inversion” deals, according to Law360. Companies that undergo inversions effectively give up their U.S. citizenship in order to move overseas – typically, into countries […]

Author: Frank L. Brunetti

March 28, 2014

M*Modal files for bankruptcy

M*Modal, a medical service that transcribes recordings of doctors’ voices for internal records, filed for protection under Chapter 11 of the bankruptcy law March 20 in order to reduce its debt, according to Reuters. The company was taken private by One Equity Partners, J.P. Morgan Chase & Co’s private-equity arm, in a $1.1 billion all-cash deal […]

Author: Joel R. Glucksman

March 28, 2014

JOEL N. KREIZMAN SUCCESSFUL IN DEGILIO V. DEGILO CASE

Congratulations to Scarinci Hollenbeck Partner Joel N. Kreizman upon his receiving an affirmance from the Appellate Division of the New Jersey Superior Court of his prior win in the Chancery Division, Family Part in DeGilo v. DeGilio. A three judge panel issued a twelve page written decision upholding the trial judge’s determination that equitable principles […]

Author: Scarinci Hollenbeck, LLC

March 27, 2014

LightSquared seeks ruling ahead of bankruptcy hearing

Broadband company LightSquared urged U.S. Bankruptcy Judge Shelley Chapman on March 17 to find that its largest creditor, Dish Network Corp Chairman Charles Ergen, acquired his $850 million stake in the company improperly, according to Reuters. The outcome of the case between the company and Ergen – the closing arguments for which were heard March 17 – is likely to […]

Author: Joel R. Glucksman

March 27, 2014

Chapter 11

When Will a NY Court Enforce a No-Hire Agreement?

Like many states, New York tends to disfavor no-hire clauses and other restrictive covenants in employment agreements. Most recently, a New York district judge refused to enforce a 31-month no-hire agreement that would have prevented a former Reed Elsevier Inc. (REI) employee from going to work for the competition at TransUnion Holding Co. Inc. (TransUnion). […]

Author: Gary S. Young

March 27, 2014

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