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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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Rhode Island, Same Sex Divorce and Portability: Imperfect Together post image

Rhode Island, Same Sex Divorce and Portability: Imperfect Together

Rhode Island Governor Chafee issued an executive order directing the state to recognize same-sex marriages performed out-of-state. The executive order does not, however, permit same sex divorce.  Society is in a state of limbo where executive orders can address some, but not all, of the issues. How does one address the use of the Federal […]

Author: James F. McDonough

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Business Bankruptcies Continue to Decline post image

Business Bankruptcies Continue to Decline

Americans have been inundated as of late with news relating to several high-profile business bankruptcies, suggesting that more companies are continuing to struggle as the economy makes its slow recovery. Despite the heavy coverage, a new report indicates that the number of companies seeking bankruptcy protection is actually falling. New Generation Research, a unit of […]

Author: Joel R. Glucksman

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Six U.S. States Involved in Norwegian Tax Evasion Case post image

Six U.S. States Involved in Norwegian Tax Evasion Case

In another example of international cooperation to quell Norwegian tax evasion, a quiet investigation is expected to reveal the identities of Norwegian taxpayers with secret U.S. bank accounts and of residents of Norway who should be, but aren’t, paying taxes there. Federal courts in six U.S. states have granted the Internal Revenue Service permission to […]

Author: Frank L. Brunetti

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NJ Court Broadly Interprets Consumer Contract Protection Statute post image

NJ Court Broadly Interprets Consumer Contract Protection Statute

Discount restaurant coupons purchased online qualify as contracts under the state’s consumer protection statute, according to the Supreme Court of New Jersey. The panel was asked to weigh in by the Third Circuit Court of Appeals, which is considering the dismissal of a class-action lawsuit against Restaurant.com. The Facts of the Case The specific question […]

Author: Scarinci Hollenbeck, LLC

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Understanding the Estate Tax Portability Provision post image

Understanding the Estate Tax Portability Provision

Many affluent Americans and business owners breathed a sigh of relief when lawmakers prevented the federal estate tax exemption from reverting back to $1 million at the beginning of the year. Instead, Americans can exempt an indexed $5.25 million from federal estate taxes or $10.5 million for those who are married and file joint returns. […]

Author: Frank L. Brunetti

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Illinois Beer Distributor Seeks Chapter 11 Bankruptcy Protection post image

Illinois Beer Distributor Seeks Chapter 11 Bankruptcy Protection

A popular Anheuser-Busch distributor sought Chapter 11 bankruptcy protection in Illinois this week, in the hopes of reorganizing its debt and emerging in a stronger financial position. Earl Gaudio & Son Inc. officially filed for bankruptcy protection in a U.S. bankruptcy court in Danville, Illinois. A week prior to the filing, a court approved the sale of the company […]

Author: Joel R. Glucksman

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Daily Fantasy Sports Take Hold, Despite Gambling Laws post image

Daily Fantasy Sports Take Hold, Despite Gambling Laws

Daily Fantasy Sports Take Hold, Despite Gambling Laws Most people know fantasy sports as a game in which individuals select a set of professional players before the sports season begins and accrue points based on those players’ performance during said season. Despite ambiguous gambling laws however, a new daily fantasy sports trend has emerged whereby gamers […]

Author: Anthony R. Caruso

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JUSTIN BIEBER’S GUEST SETS RECORD STRAIGHT post image

JUSTIN BIEBER’S GUEST SETS RECORD STRAIGHT

Incidents from the Hamptons Night inaccurate FOR IMMEDIATE RELEASE Lyndhurst, NJ, August 8, 2013 – An acquaintance of Justin Bieber is surprised by the inaccuracies being reported in the media. Sophia Rayo, 28, who recently encountered Mr. Bieber in a social context, feels compelled to dispel such rumors. “Justin and his staff were perfect gentlemen […]

Author: Scarinci Hollenbeck, LLC

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Support for Patent Troll Legislation Growing post image

Support for Patent Troll Legislation Growing

Momentum against non-practicing entities continues to grow. Over the last month, Congress, the Obama Administration, the Federal Trade Commission, and the business community have all called for patent reform intended to combat patent trolls. Non-practicing entities do not directly use the patents they own to produce goods, but rather license them to other companies that […]

Author: Fred D. Zemel

Link to post with title - "Support for Patent Troll Legislation Growing"
Harrisburg Holds 'Wild West' Auction to Reduce Debt post image

Harrisburg Holds 'Wild West' Auction to Reduce Debt

Harrisburg, Pennsylvania, has been struggling for years to unload its heavy municipal debt and repair its broken economy. The city attempted to file for bankruptcy protection in 2011, but the court dismissed its request, leaving the debt-saddled state capital with few avenues for alleviating its financial woes. Now, the city is trying a new creative […]

Author: Joel R. Glucksman

Link to post with title - "Harrisburg Holds 'Wild West' Auction to Reduce Debt"
Uniform Acts, Modern Portfolio Theory, and An Unintended Consequence post image

Uniform Acts, Modern Portfolio Theory, and An Unintended Consequence

Trustees had been governed by the Reasonable Man standard for investing trust assets that were designed to preserve principal and avoid risk.  Then, Modern Portfolio Theory came into prominence and the Reasonable Man rule fell into disfavor. Modern Portfolio Theory (MPT), supported by the work of Nobel Laureates, became the prevailing theory. In the most […]

Author: James F. McDonough

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Supreme Court’s Unanimous Decision Reverses Appellate Division Ruling post image

Supreme Court’s Unanimous Decision Reverses Appellate Division Ruling

Joel N. Kreizman and the Scarinci Hollenbeck Litigation Department Achieve Unanimous New Jersey Supreme Court Decision. Lyndhurst, New Jersey, August 7, 2013: Scarinci Hollenbeck is pleased to announce that the firm’s litigation department, lead by Co-Chair and Partner Joel N. Kreizman, successfully achieved a unanimous decision in Hirsch v Amper Financial Services Opinion, from the New […]

Author: Scarinci Hollenbeck, LLC

Link to post with title - "Supreme Court’s Unanimous Decision Reverses Appellate Division Ruling"

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