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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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Company Owned By Bill Gates' Investment Fund Files Chapter 11

Bill Gates is best known for co-founding Microsoft – the world’s largest personal computer software company – with Paul Allen. But Gates also invests in numerous other ventures, including , which recently filed for protection under Chapter 11 of the federal bankruptcy law. The Texas electric company is owned by a Bill Gates investment fund, […]

Author: Joel R. Glucksman

February 21, 2014

Parent Company of 1st Mariner Bank Files for Bankruptcy

Following the mortgage crisis in 2007, many of the nation’s banks entered difficult times. One of these financial institutions – First Mariner Bank – has struggled to pull itself out of the crisis, which has now led its parent company to file for protection under Chapter 11 of the U.S. bankruptcy law in the hope that the […]

Author: Joel R. Glucksman

February 20, 2014

Will Martoma Conviction Bolster Insider Trading Crackdown?

While the Securities and Exchange Commission (SEC) may have a spotty record when it comes to insider trading cases, U.S. Attorney Preet Bharara has an impressive winning streak. He is 79-0 in securing insider-trading convictions over the past four years. Former hedge fund trader Mathew Martoma is the latest guilty verdict for Bharara, whose other […]

Author: Dan Brecher

February 19, 2014

IRS Wants to Heavily Tax Michael Jackson's Estate

It has been five years since Michael Jackson passed away, and that time has been filled with multiple controversies. It appears as though that is going to continue, as the King of Pop’s estate and the Internal Revenue Service are currently in a battle over how much his estate was worth at the time of […]

Author: Scarinci Hollenbeck, LLC

February 19, 2014

Will An Openly Gay NFL Player Be Protected in the Locker Room?

NFL Player Comes out as Openly Gay With the news that former Missouri defensive end and current NFL draft prospect, Michael Sam is gay, this upcoming season will see a first – an openly gay NFL player in the locker room. Many coaches and players have come out in support of Sam in recent days, […]

Author: Scarinci Hollenbeck, LLC

February 19, 2014

Entertainment and Sports

Milwaukee Archdiocese Filing for Reorganization

The sexual abuse scandal has been very detrimental to the financial interests of the Roman Catholic Church, and it appears the damage is not yet over. The Archdiocese of Milwaukee has announced that it will set aside $4 million under its proposed bankruptcy reorganization plan, in order to end its proceedings under U.S. bankruptcy law, […]

Author: Joel R. Glucksman

February 18, 2014

Catholic Church

Massachusetts Casinos Face Many Headwinds

Expanded Gaming Act On Nov. 22, 2011, Massachusetts Gov. Deval Patrick signed the Expanded Gaming Act, which allows for up to three designated resort casinos in the state located in three geographic regions. However, these projects have required the support of the citizens in each town where construction is to take place, which has presented some […]

Author: Scarinci Hollenbeck, LLC

February 18, 2014

Entertainment and Sports

IRS Extends Estate Tax Break

When a person passes away, the assets left for his or her family is generally subject to the estate tax. However, there are certain breaks that can help these people reduce this tax bill. According to Forbes, the Internal Revenue Service recently announced it is extending the time to take advantage of a key estate tax […]

Author: Scarinci Hollenbeck, LLC

February 18, 2014

Check Your Emails for Politeness

Have you ever received an email not meant for you? Worse yet, have you sent one to the wrong person yourself? What about sending a message with an embarrassing typo or a word missing that makes you wish you had not sent your message? It is usually the speed at which we chose (or need) […]

Author: Dan Brecher

February 18, 2014

Proposed Changes to NYC’s Sick Leave Law Are Nothing to Sneeze At

New York City’s sick leave law has not yet taken effect, but more changes could be in the offing. Mayor Bill de Blasio and incoming Council Speaker Melissa Mark-Viverito recently announced proposed amendments to the law intended to increase its application and scope. As previously discussed on the Scarinci Hollenbeck Business Law News Blog, the […]

Author: Scarinci Hollenbeck, LLC

February 17, 2014

Sick leave laws

Could Outdated Computers Lead to Legal Liability for Your New Jersey Business?

Staying on top of computer and software updates can be a time-consuming effort, particularly for small businesses that do not have a dedicated IT team. For individual users, waiting to install Microsoft Windows software updates until after you finish a project or meet a deadline can be extremely tempting, which makes it very likely you […]

Author: Scarinci Hollenbeck, LLC

February 14, 2014

Cyber Security

Online Casino Gambling Could Be Coming to More States

Nevada and New Jersey recently broke ground in the online casino gambling gaming industry. They are two of the first states to offer the service since many of the largest online poker websites were shutdown a few years ago.2 The common thread in both of these states is that there were already casinos in place for […]

Author: Scarinci Hollenbeck, LLC

February 14, 2014

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