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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 York Tops List of Cities with Optimal Business Health

Some municipalities are faring better than others in the health and vitality of their businesses and consumer spending. A telling sign for the overall business health of improving cities is often the viability of the local economy. Along these lines, a new report reveals which U.S. cities are on their way to full recovery and which […]

Author: Joel R. Glucksman

October 1, 2013

Joint And POD Accounts: Weapon of Choice Of Transferees When Exerting Undue Influence?

Will contests alleging undue influence are not uncommon. A will was, for many years, the only means of transmitting property from a decedent to an heir. Will contests alleging undue influence are not uncommon. A will was, for many years, the only means of transmitting property from a decedent to an heir. New forms of […]

Author: James F. McDonough

October 1, 2013

Facebook at 50 (Dollars A Share)

Facebook’s Initial Public Offering (IPO) received a great deal of attention, especially after the price of its stock dropped shortly after its first day of trading. The decline in price dominated the news for weeks. While driving to the office this week, I listened to Bloomberg report that Facebook’s stock price hit $50 a share […]

Author: James F. McDonough

September 30, 2013

Apple Offers Refunds in Response to “Breaking Bad” Lawsuit

Fans of AMC’s hit series “Breaking Bad” will not have to call in “attorney” Saul Goodman after all. Facing a class-action lawsuit and mounting bad publicity over its decision to divide the final season of the hit series into two parts on iTunes, Apple, Inc. will offer refunds to customers who believed they were buying […]

Author: Dan Brecher

September 27, 2013

Apple

Bankruptcy Judge Approves ResCap Deal With FGIC

A bankruptcy judge has approved a $596.5 million deal between Financial Guaranty Insurance Co and bankrupt Residential Capital LLC, putting an end to billions of dollars of claims associated with mortgage-backed securities. The settlement also resolved another $1.3 billion in claims related to trusts insured by FGIC, the former bond insurance unit of FGIC Corp. […]

Author: Joel R. Glucksman

September 27, 2013

IRS to Count Automatic Gratuities as Wages

The Internal Revenue Service has provided a great deal more guidance on how tips extended to waiters and waitresses, hair stylists, and other professionals should be reported for federal tax purposes. However, the agency recently announced a new policy governing the tax treatment of automatic gratuities, which may change the way that restaurants charge large […]

Author: Scarinci Hollenbeck, LLC

September 27, 2013

Does California's Paparazzi Law Violate First Amendment or Not?

Many celebrities, athletes, and public figures are accustomed to being followed and photographed by the paparazzi, but when it comes to their children, many of these people have called for a “hands-off” rule. Many states currently allow photographers to snap images of celebrities’ children when they’re in a public setting, but a new law in […]

Author: Anthony R. Caruso

September 27, 2013

First Amendment

American Airlines Wins Court Approval to Exit Bankruptcy

A federal bankruptcy judge has approved American Airlines’ reorganization plan, as well as its merger with US Airways, the latter contingent upon the outcome of the U.S. Department of Justice’s antitrust lawsuit. U.S. Bankruptcy Judge Sean Lane said that American Airlines’ arguments were persuasive and that the broad support the plan had garnered from AMR Corp, […]

Author: Joel R. Glucksman

September 26, 2013

E-Cigarettes Test Workplace Smoking Policies

New York and New Jersey both prohibit workplace smoking. However, the growing popularity of electronic cigarettes poses new questions about employer anti-smoking policies. E-cigarettes do not contain tobacco, but rather use heat provided by a battery to vaporize a liquid solution containing nicotine. Accordingly, they often do not fall under state laws governing workplace smoking. […]

Author: Donald M. Pepe

September 25, 2013

Employee Policies

Madison Square Garden Lawsuit May Have Far-Reaching Implications For Sports Industry

Several entertainment companies have been hit with lawsuits lately from unpaid interns alleging labor law violations, but a new Madison Square Garden lawsuit may have far-reaching implications for the sports industry as a whole. The class-action suit filed by more than 500 former interns claim that they were misclassified as interns to avoid being compensated adequately, […]

Author: Anthony R. Caruso

September 25, 2013

Report: IRS to Increase Audits of Prior- and Subsequent-Year Tax Returns

The Internal Revenue Service announced its plans to conduct more correspondence audits of those with prior- and subsequent-year tax returns of non-compliant income tax filing, according to a new government report. The Treasury Inspector General for Tax Administration published new data that reveals the federal tax agency’s plans to expand the number of correspondence audits currently […]

Author: Scarinci Hollenbeck, LLC

September 25, 2013

Department of Justice Considers Personal Benefit an Important Factor in Prosecuting Employment Tax Cases

Since 2008, the U.S. economy has struggled and employers faced with the dilemma of either paying employees and vendors, or paying employment tax often chose the former. The belief is that they can always catch up. Unfortunately, I have seen many employers incur substantial tax liability for employment taxes, interest and penalties, and have found […]

Author: Frank L. Brunetti

September 24, 2013

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