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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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Chinese Buyer Changes Bankrupt A123 Systems' Name to B456

In a streak of creativity following its purchase of bankrupt battery maker A123 Systems, Chinese firm Wanxiang Group changed the company’s name to B456 Systems and announced its plans to renew operations within the U.S. After filing the new name with the U.S. Securities and Exchange Commission, Wanxiang said it plans to maintain the company’s […]

Author: Joel R. Glucksman

April 18, 2013

Battle of the Bulge: Yummie Tummie Sues Spanx for Patent Infringement

The fashion industry has recently become a hotbed for intellectual property suits. New York-based Times Three Clothier LLC is the latest file suit. The company alleges that tank tops sold by Spanx infringe the design patents for its Yummie Tummie brand. Powerful women are behind both companies. Sara Blakely, the founder of Spanx, has been […]

Author: Fred D. Zemel

April 18, 2013

IP attorney NYC

Leaked Documents Reveal Extent of Tax Shelter Abuse

The Internal Revenue Service has made going after Americans who violate U.S. tax law through the improper use of tax shelters a top priority. A new report that exposes millions of leaked documents reveals the large extent of tax shelter abuse occurring in the U.S. The International Consortium of Investigative Journalists reports that 90 journalists […]

Author: Scarinci Hollenbeck, LLC

April 17, 2013

U.S. Supreme Court to Take on Forum-Selection Clauses

The U.S. Supreme Court recently agreed to consider another key business case. Atlantic Marine Construction Company v. J-Crew Management involves whether federal courts should be required to enforce a forum-selection clause in business contracts. The specific issue before the Court is what happens when one party files a lawsuit in a venue other than as contractually […]

Author: Gary S. Young

April 17, 2013

U.S. Supreme court

Municipal Bankruptcies Pit Pensioners, Bondholders Against Each Other

Several cities have sought bankruptcy law protection under Chapter 9 of the Bankruptcy Code in recent months. A new analysis suggests that as the number of municipal bankruptcies in the U.S. increases, pensioners and bondholders may be in the center of the fight, according to Forbes. Following Judge Christopher Klein’s decision to allow Stockton, California, to […]

Author: Joel R. Glucksman

April 16, 2013

Chapter 9

Court Denies IRS Request to Reinstate Tax Preparer Rules

The U.S. Court of Appeals for the District of Columbia denied a request made by the Internal Revenue Service to reinstate its tax preparer rules or otherwise known as, tax return preparer regulatory program, pending an appeal. The ruling said that the federal agency had “not satisfied the stringent requirements” to overturn a lower-court judge’s injunction […]

Author: Frank L. Brunetti

April 15, 2013

Tax Attorney

Fisker Automotive Strongly Considers Bankruptcy

Fisker Automotive, a government-backed manufacturer of luxury, plug-in hybrid sports cars, recently sought legal representation in the likely event that it will file for bankruptcy protection. The company is currently searching for a strategic investor to provide the financial backing that will allow it to avoid bankruptcy proceedings. In the meantime, it was forced to […]

Author: Joel R. Glucksman

April 12, 2013

Fisker Automotive

Kanye West Faces Copyright Infringement Lawsuit

American rapper Kanye West is well-known for a number of reasons that have little to do with his music, but a recent lawsuit may put the spotlight back on a 2005 hit song for which West is facing legal action for copyright infringement. Siblings Trena Steward and Lorenzo Pryor are suing the superstar for copyright […]

Author: Anthony R. Caruso

April 12, 2013

New Jersey Litigants Warned Not to Delete Social Media Posts

Parties to civil lawsuits may not want the other side snooping around their social media activities. However, deleting the accounts or posts may lead to more severe consequences. In a recent New Jersey federal court decision, the court sanctioned a plaintiff for spoliation after he deleted his Facebook account. The court found that the plaintiff […]

Author: Scarinci Hollenbeck, LLC

April 12, 2013

New Jersey Litigation

City of Stockton Qualifies For Bankruptcy Protection

A federal judge has ruled that the city of Stockton, California, is eligible for bankruptcy protection. Thus, the Chapter 9 bankruptcy case filed by the city will continue. Stockton, which is home to some 300,000 residents, recently became the largest city in the United States to file for bankruptcy protection. The city joins fellow California […]

Author: Joel R. Glucksman

April 11, 2013

NJ Employment Decision Highlights Importance of Anti-Harassment Policy

A recent New Jersey employment decision highlights how important it is for employers to implement and enforce anti-harassment policies. The Appellate Division dismissed a sexual harassment lawsuit after finding that the employer used due care in adopting and implementing an effective anti-sexual harassment policy. The Facts of the Case In Aguas v. State of New […]

Author: Scarinci Hollenbeck, LLC

April 11, 2013

Tax Evasion and Misuse of Trusts in List of 'Dirty Dozen' Tax Scams

The Internal Revenue Service released a list of the “Dirty Dozen” tax scams it would be focusing on in this year, and urges consumers and corporations alike to make note of these crimes. Offshore tax evasion was high on the list of infractions that the IRS is watching out for, and the agency has made […]

Author: Scarinci Hollenbeck, LLC

April 10, 2013

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