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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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Law Enforcement And Personal Use Cannabis

The Attorney General issued a memorandum to law enforcement agencies authorizing off-duty cannabis use… On April 13, 2022, the Attorney General issued a memorandum to law enforcement agencies authorizing off-duty cannabis use under the Cannabis Regulatory, Enforcement Assistance, and Marketplace Modernization Act. Given the sudden and extreme departure from the norm, the memorandum was met […]

Author: Scarinci Hollenbeck, LLC

May 18, 2022

New Jersey

FINRA Fines Companies for Crowdfunding Violations

FINRA has recently fined two registered funding portals, Wefunder and StartEngine, a combined $1.75 million for failing to comply with securities laws and regulations designed to protect crowdfunding investors. Wefunder raised approximately $20 million more than they were permitted under FINRA’s current crowdfunding regulations. They also failed to promptly direct the transmission of funds to […]

Author: Christopher D. Warren

May 10, 2022

What Is a Security? The Answer Matters for Businesses and Investors

Whether you are a business raising capital or an investor buying securities, understanding the definition of a security is important... Every offer and sale of a security is required to be registered with the Securities and Exchange Commission (SEC), unless subject to an exemption from registration under the Securities Act of 1933. So, whether you […]

Author: Kenneth C. Oh

May 10, 2022

Securities

New Jersey Law Requires Discriminatory Restrictive Covenants to Be Removed from Deeds and Association Documents

New Jersey condominium and homeowners’ associations should review their governing documents to ensure compliance with a new law requiring the removal of discriminatory restrictive covenants. New Jersey condominium and homeowners’ associations should review their governing documents to ensure compliance with a new law requiring the removal of discriminatory restrictive covenants. Gov. Phil Murphy signed the […]

Author: Christopher A. Dzwilewski

May 5, 2022

Do You Have an Exit Strategy for The Startup?

While it may seem counterintuitive to devise an exit strategy while you are still working to grow your startup, being proactive can help ensure that you can reap the benefits of all your hard work... While it may seem counterintuitive to devise an exit strategy while you are still working to grow your startup, being […]

Author: Michael J. Sheppeard

May 4, 2022

Start-Ups

What Buyers Need to Know About the Cooperative Interview Process

Buying into a housing cooperative (or co-op) is different than buying a house or condominium. One of the major differences is that buyers need to be approved by the co-op board. Buying into a housing cooperative (or co-op) is different than buying a house or condominium. One of the major differences is that buyers need […]

Author: Bruce Feffer

May 3, 2022

New York

Elon Musk’s Twitter Acquisition Shines Light on Going Private Transactions

Tesla CEO Elon Musk recently made headlines when he acquired social media giant Twitter Inc. for approximately $44 billion... Tesla CEO Elon Musk recently made headlines when he acquired social media giant Twitter Inc. for approximately $44 billion. Upon completion of the transaction, Twitter will become a privately held company. Twitter first became a publicly-traded company in November 2013 […]

Author: Dan Brecher

April 28, 2022

John M. Scagnelli Named to NJBIZ Leaders in Law List of 2022

NJBIZ’s Annual 2022 Leaders in Law Recognizes Environmental Attorney John M. Scagnelli Lyndhurst, NJ – April 28, 2022 – John M. Scagnelli has been named by NJBIZ to the Leaders in Law list for 2022. John was recognized for his various contributions to the development of New Jersey environmental law. Throughout his 40 years of […]

Author: Scarinci Hollenbeck, LLC

April 28, 2022

SEC Provides Interpretive Guidance on Disclosure Requirements for Entities that Safeguard Crypto Assets

The growth of cryptocurrency theft triggered the Securities and Exchange Commission (SEC) to take action... The growth of cryptocurrency theft triggered the Securities and Exchange Commission (SEC) to take action. On April 11, 2022, the Division of Corporation Finance’s Office of the Chief Accountant issued Staff Accounting Bulletin. No. 121, Release No. SAB 121 (“SAB”) […]

Author: Scarinci Hollenbeck, LLC

April 27, 2022

Bitcoin

The SPAC Market Changes due to the SEC’s Rule Proposal

The SEC is willing to put what it perceives to be a needed damper on the recent explosion of SPAC offerings that reversed what had been a long-term trend away from IPO’s and new company listings on the American exchanges... The SEC is willing to put what it perceives to be a needed damper on […]

Author: Dan Brecher

April 26, 2022

SPACS

William C. Sullivan, Jr. Appointed as Chair of Environmental Law Section

New Jersey Environmental Attorney William C. Sullivan, Jr. Appointed Chair of Scarinci Hollenbeck’s Environmental Law Section Lyndhurst, NJ – April 26, 2022 – William C. Sullivan, Jr. has been appointed to serve as chair of the firm’s Environmental Law Section. Mr. Sullivan has been with the firm for nearly 20 years and has garnered over 30 […]

Author: Scarinci Hollenbeck, LLC

April 26, 2022

Environmental & Land Use

What Constitutes Fair Use? SCOTUS Poised to Clarify How Copyright Doctrine Applies to Warhol Art

The U.S. Supreme Court has agreed to consider a copyright infringement lawsuit involving paintings Andy Warhol made using photographs of rock star Prince. The U.S. Supreme Court has agreed to consider a copyright infringement lawsuit involving paintings Andy Warhol made using photographs of rock star Prince. The specific issue before the Court in Andy Warhol […]

Author: Ronald S. Bienstock

April 25, 2022

Art Law

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