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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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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

Business Bankruptcy

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: Scarinci Hollenbeck, LLC

September 27, 2013

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

Business Bankruptcy

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: Scarinci Hollenbeck, LLC

September 25, 2013

Entertainment and Sports

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: Scarinci Hollenbeck, LLC

September 24, 2013

All a Twitter: Why IPOs Are Back

Twitter, Inc. recently announced plans for an initial public offering (IPO). The news confirms that companies are increasingly deciding it’s a good time to get into the game. As of August 31, a total of 131 companies have filed to become public in 2013, compared with just 91 during the same time period last year. […]

Author: Dan Brecher

September 24, 2013

Moody's: Energy Future Holdings in Danger of Bankruptcy

Energy Future Holdings Corp. is facing a “high probability” of being forced to seek protection due to the danger of bankruptcy, according to a recent report from credit ratings agency Moody’s Investors Service. The ratings agency said that the energy giant will likely seek bankruptcy protection and establish a reorganization plan by the end of […]

Author: Joel R. Glucksman

September 24, 2013

A-Rod May Bring Lawsuit Against MLB Before Arbitrator Hears Case

Alex Rodriguez‘s appeal of his 211-game doping suspension is set to begin on September 30, but the Yankees third baseman may not wait until then to bring a lawsuit against MLB (Major League Baseball). Under sports law, Alex Rodriguez may choose to file a federal lawsuit against MLB, which would disrupt and challenge MLB’s disciplinary process […]

Author: Scarinci Hollenbeck, LLC

September 23, 2013

Entertainment and Sports

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