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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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Freedom Industries Files for Bankruptcy post image

Freedom Industries Files for Bankruptcy

For the past couple of weeks, thousands of West Virginians have been unable to use tap water because Freedom Industries spilled chemicals into the Elk River. Just a week after this incident, the company filed for protection under Chapter 11 of the United States bankruptcy law. Bankruptcy documents revealed that Freedom Industries owes $3.6 million to […]

Author: Joel R. Glucksman

Link to post with title - "Freedom Industries Files for Bankruptcy"
Cantor Gaming Fines Could Be Bad Sign for Sports Betting Future post image

Cantor Gaming Fines Could Be Bad Sign for Sports Betting Future

Sports betting is legal in four states – Nevada, Oregon, Delaware, and Montana – with only Nevada taking full advantage. However, some states – mainly New Jersey – have been attempting to legalize sports betting, but have been shot down. The recent judgment made against Cantor Gaming probably won’t do anything to help any further legalization […]

Author: Scarinci Hollenbeck, LLC

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Is It Time to Update Your Employee Handbook? Conflicting Provisions Can Spell Doom in Litigation post image

Is It Time to Update Your Employee Handbook? Conflicting Provisions Can Spell Doom in Litigation

As highlighted in a recent federal court decision, New Jersey employers should review their employee handbooks carefully to ensure that none of the provisions conflict. One company learned this lesson the hard way when attempting to enforce an arbitration clause against a former employee alleging discrimination. While the handbook required employees to submit employment-related claims […]

Author: Donald M. Pepe

Link to post with title - "Is It Time to Update Your Employee Handbook? Conflicting Provisions Can Spell Doom in Litigation"
The Top Tax Deductions for Business Owners post image

The Top Tax Deductions for Business Owners

The Internal Revenue Service may have delayed tax season, but that doesn’t mean business owners shouldn’t begin preparing. One of the most important things when filing is deductions, as these can save a company money. The Internal Revenue Service may have delayed tax season, but that doesn’t mean business owners shouldn’t begin preparing. One of […]

Author: Scarinci Hollenbeck, LLC

Link to post with title - "The Top Tax Deductions for Business Owners"
Bankruptcy Hits the Catholic Church post image

Bankruptcy Hits the Catholic Church

The sex abuse scandal has had a major impact on the Catholic church, and not just in its reputation. The Catholic Diocese of Stockton, Calif., recently said it would become the 10th diocese to file for protection under Chapter 11 bankruptcy law as a result of the scandal, according to The Wall Street Journal. Bishop Stephen Blaire […]

Author: Joel R. Glucksman

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NJ Decision Highlights Telecommuting Can Pose Problems For Employers post image

NJ Decision Highlights Telecommuting Can Pose Problems For Employers

Thanks to technology, many New Jersey companies employ workers located outside of the state or even outside of the country. While telecommuting allows businesses to draw from talent pools located both near and far, it can impact their legal options should a dispute arise. In a recent decision, the Appellate Division of the New Jersey […]

Author: Joel N. Kreizman

Link to post with title - "NJ Decision Highlights Telecommuting Can Pose Problems For Employers"
CCA 201336018 / Collateral Consequences for Foreign Tax Purposes post image

CCA 201336018 / Collateral Consequences for Foreign Tax Purposes

The payment of interest, other than in currency, between related corporations carries consequences for the calculation of the foreign tax credit (FTC). Chief Counsel Advice 201336018 (CCA) addresses such a situation in a U.S. consolidated group setting. The facts in the CCA are a U.S. parent corporation (P) owned all of the shares of two […]

Author: James F. McDonough

Link to post with title - "CCA 201336018 / Collateral Consequences for Foreign Tax Purposes"
4 Tax Mistakes Often Made by Business Owners post image

4 Tax Mistakes Often Made by Business Owners

Tax season is just around the corner, which means business owners need to begin getting prepared. While doing so, it is important that the following common missteps are avoided: 1. Filing late: Probably the easiest mistake to avoid is filing taxes late. According to Nolo, this could result in the Internal Revenue Service charging business […]

Author: Scarinci Hollenbeck, LLC

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Do New gTLDs Pose a Threat to Your Business? Steps You Can Take Now post image

Do New gTLDs Pose a Threat to Your Business? Steps You Can Take Now

While companies have traditionally been limited to Internet extensions such as .com, .net or .org, the international body responsible for regulating the Internet, ICANN, is now allowing entities to operate generic top-level domains (gTLD) of their own choosing. ICANN received nearly 2,000 applications for the new domains, and projects that more than 1,000 will be […]

Author: Scarinci Hollenbeck, LLC

Link to post with title - "Do New gTLDs Pose a Threat to Your Business? Steps You Can Take Now"
Financial Industry Regulatory Authority: What Are They Looking For In 2014 post image

Financial Industry Regulatory Authority: What Are They Looking For In 2014

What Will Financial Industry Regulatory Authority 2014 Examiners Be Looking for in 2014? The Financial Industry Regulatory Authority (FINRA) recently released a letter outlining its regulatory and examination priorities for 2014. It should be considered “must read” material for all broker dealers. Susan Axelrod, Executive Vice President, Regulatory Operations, said, “The purpose of this letter is […]

Author: Dan Brecher

Link to post with title - "Financial Industry Regulatory Authority: What Are They Looking For In 2014"
Fisker Automotive Bankruptcy Case Progressing post image

Fisker Automotive Bankruptcy Case Progressing

Fisker Automotive recently filed for bankruptcy, and the bankruptcy case is headed for an important hearing during the second week of January. According to USA Today, a judge will decide whether the company’s assets will be purchased by Hybrid Technologies or opened to an auction. The company, which is seeking protection under bankruptcy law, is […]

Author: Joel R. Glucksman

Link to post with title - "Fisker Automotive Bankruptcy Case Progressing"
State Estate Taxes More Important Than Federal post image

State Estate Taxes More Important Than Federal

Tax laws require federal and state estate taxes, and many advisers have put their major focus focus on the federal level in the past. However, with the exemption rising to $5.25 million – unused amounts can be transferred to a surviving spouse – many people actually don’t end up paying federal estate tax, according to The Wall Street […]

Author: Scarinci Hollenbeck, LLC

Link to post with title - "State Estate Taxes More Important Than Federal"

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