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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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U.S., Cayman Islands Reach Tax Deal

Falling in line with the push for greater global collaboration to combat tax evasion, the United States and the Cayman Islands have reached a tax deal to fight violations. The partnership – which is partially designed to encourage other low-tax and favorable tax havens to join the U.S’s anti-tax evasion legislation – means that the […]

Author: Scarinci Hollenbeck, LLC

August 28, 2013

Time Warner, CBS Dispute Leads to Class-Action Lawsuit

Time Warner customers are fed up with an ongoing dispute between the cable provider and CBS News, which recently culminated in the provider blacking out the channel for subscribers. In response, customers have filed a class-action lawsuit against Time Warner, arguing that as paying customers, the provider cannot legally black out channels they are paying […]

Author: Scarinci Hollenbeck, LLC

August 28, 2013

New HIPAA/HITECH Compliance Deadline of September 23, 2013

Are you aware that there is a compliance deadline set for September 23, 2013 that may apply to your business? When originally passed, the Health Insurance Portability and Accountability Act of 1996 (“HIPAA”) introduced new rules regarding the use and disclosure of a patient’s personal health information (“PHI”). Over the years, unless your business was […]

Author: Scarinci Hollenbeck, LLC

August 27, 2013

Bankruptcy Judge Hesitant to Approve AMR's Bankruptcy Plan

The Justice Department’s unexpected antitrust lawsuit that is designed to halt the merger of US Airways and American Airlines may interfere with the final confirmation of AMR’s bankruptcy plan, a judge said in Thursday’s hearing. U.S. Bankruptcy Judge Sean Lane, who before this week was expected to give the final approval of AMR’s bankruptcy plan, […]

Author: Joel R. Glucksman

August 27, 2013

Spouses Should Be Aware of 'Gift-Splitting' Criteria when Gifting Assets

Lawmakers’ decision to both set the estate tax at $5.25 million for 2013 and increase the annual gift tax to $14,000 has been a welcomed sigh of relief for many affluent individuals and business owners. The gift tax, in particular, has historically been a key strategy Americans have used to transfer wealth to future generations […]

Author: Scarinci Hollenbeck, LLC

August 26, 2013

International Cyber Attorney to Speak at ABA Brazil Conference

Scarinci Hollenbeck Partner Fernando Pinguelo to Join Esteemed Panel at the New Perspectives for Latin America Conference in São Paulo, Brazil Lyndhurst, NJ, August 23, 2013 – Fernando M. Pinguelo, a Partner at Scarinci Hollenbeck Attorneys at Law, and Chair of the law firm’s Cyber Security & Data Protection practice group, will join a […]

Author: Scarinci Hollenbeck, LLC

August 23, 2013

Terminating an Employee Without Damaging Your Company’s Reputation

Recently, the termination of an AOL employee made the news headlines. The controversy was occasioned when Chief Executive Officer Tim Armstrong fired a staff member during a conference call attended by over 1,000 other employees. This incident understandably raises many questions about the proper way to end an employment relationship without creating unnecessary legal and […]

Author: Scarinci Hollenbeck, LLC

August 23, 2013

John Hancock Loses $560 Million Tax Lawsuit

The U.S. Tax Court recently ruled against the John Hancock Life Insurance Co. in a tax lawsuit involving hundreds of millions in deductions, Bloomberg News reports. The court opposed John Hancock’s argument that tax deductions on a series of leveraged lease transactions – including depreciation, rental and interest expense, and transaction costs – amounting to $560 million were […]

Author: Scarinci Hollenbeck, LLC

August 23, 2013

Are Unpaid Internships Coming to an End?

In what has raised more questions about the legality of unpaid internships, a lawsuit was recently filed against Sean “Diddy” Combs’ Bad Boy Entertainment company by a former unpaid intern demanding compensation for her work. Former intern Rashida Salaam worked for the music label between January and May 2012, and included menial tasks of answering phones, […]

Author: Scarinci Hollenbeck, LLC

August 23, 2013

Entertainment and Sports

Government Lawsuit Seeks to Block American Airlines-US Airways Merger

A government lawsuit, filed by the Justice Department and several states, is seeking to halt the proposed American Airlines merger with US Airways. The merger – the final step in AMR’s exit from bankruptcy protection – would create the largest airline in the world. The government’s antitrust suit was largely unexpected, as the two airlines […]

Author: Joel R. Glucksman

August 23, 2013

Company’s Direct IPOs: Should You Take the DIY Route?

Most companies that undertake an initial public offering (IPO) partner with an investment bank to serve as an underwriter. The role of the underwriter includes helping to establish the initial share price and the public market, as well as seeking to interest analysts to follow the stock. In the midst of the growing crowdfunding buzz, […]

Author: Dan Brecher

August 22, 2013

Analysts Debate the Effectiveness of Municipal Bankruptcy on Improving Cities

Five years after the Great Recession began, a number of cities across the country are still struggling to recover from fiscal shortfalls, budgetary constraints, and financial mismanagement. As is well known, this has prompted many to seek protection under Chapter 9 – the municipal bankruptcy part of bankruptcy law. Although the media have generally focused […]

Author: Joel R. Glucksman

August 22, 2013

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