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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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New Jersey Legalizes Daily Fantasy Sports Betting at Casinos

Weeks following a court decision that blocks legal sports betting in New Jersey, the state has chosen to offer daily fantasy sports betting in Atlantic City casinos as an alternative. The state Division of Gaming Enforcement announced that the pilot program will begin April 22, and casinos will be permitted to offer fantasy sports tournaments […]

Author: Anthony R. Caruso

March 22, 2013

Trustee Wants to Auction Grand Casino Boat and Contents

The bankruptcy trustee overseeing the Chapter 7 liquidation of the Mississippi-based Grand Station Casino has submitted a request to auction off the famous casino boat and most of its inventory. Trustee Stephen Smith asked the court for permission to have the vessel auctioned off with all moveable equipment, including furniture, office equipment, a lift, food and […]

Author: Joel R. Glucksman

March 22, 2013

Chapter 7

IRS Clamps Down on Companies that Misclassify Workers

Tax season is officially here, and business owners with independent contractors and employees should not misclassify workers to avoid attracting the ire of the Internal Revenue Service. In an effort to close the tax gap and ensure full compliance with federal tax law, the IRS is focusing more closely on business tax returns and, specifically, […]

Author: Frank L. Brunetti

March 22, 2013

Contract Remedies Available to NY and NJ Businesses

Contract breaches are the most common type of business litigation. Therefore, nearly all New York and New Jersey businesses will likely have to deal with a contract dispute at least once. To give businesses an idea of what to expect from a breach of contract lawsuit, this post offers a short summary of the most […]

Author: Scarinci Hollenbeck, LLC

March 22, 2013

Contract lawyer NYC

Bankruptcy Judge Allows HealthBridge to Slash Union Workers' Benefits

A federal bankruptcy judge has approved a request by New Jersey-based HealthBridge Management to temporarily reduce the benefits of 600 union workers employed by five Connecticut nursing homes while it undergoes bankruptcy proceedings. Bankruptcy Judge Donald Steckroth sided with the distressed company after it noted that the full costs of pension and benefits insurance would […]

Author: Joel R. Glucksman

March 21, 2013

IRS Considers Lowering Financial Incentives for Whistleblowers

The Internal Revenue Service has encouraged Americans to help it detect and prosecute tax law violations by offering financial incentives for those who alert the agency to tax-related crimes. However, the agency is considering lowering these incentives in the future, which may affect how many people come forward. Acting IRS commissioner Steven Miller recently proposed […]

Author: Frank L. Brunetti

March 20, 2013

Fine Line Exists Between Gambling and Fantasy Sports

Many people in the U.S. that are trying to avoid violating sports law as it relates to gambling have turned to fantasy sports as an alternative. The New York Times reports that while betting money on fantasy sports sites is protected under federal law as exemptions to online gambling, there is a fine line between […]

Author: Anthony R. Caruso

March 20, 2013

Gambling

Proposed Bill Would Allow Remote Attendance at Shareholders’ Meetings

Legislation designed to make New Jersey a more “business friendly” has passed both the state Senate and Assembly. The bills are part of a package that includes important changes that limit the opportunity for shareholder derivative suits. Legislation designed to make New Jersey a more “business friendly” has passed both the state Senate and Assembly. […]

Author: Gary S. Young

March 20, 2013

Hostess is Coming Back? Hostess Brands to Make Comeback by Summer

Hostess is coming back to a supermarket near you Thousands of people flocked to grocery stores when Hostess announced that it would no longer make its iconic desserts following its bankruptcy. However, the company has now announced that its popular Twinkies brand, along with other favorites, may return to the shelves as early as summer following […]

Author: Joel R. Glucksman

March 19, 2013

IRS Reports Sequester May Mean Fewer Audits

The Internal Revenue Service has been trying to close the multibillion-dollar tax gap through voluntary disclosure programs, amnesty initiatives and a higher number of audits in recent years. However, the recent across-the-board spending cuts that reduced the operating budgets of several federal agencies may have an impact on the tax agency’s ability to go after […]

Author: James F. McDonough

March 18, 2013

HealthBridge Seeks Chapter 11 Bankruptcy Protection

Five Connecticut nursing homes operated and managed by HealthBridge Management were recently forced to seek Chapter 11 Bankruptcy Protection. The filing resulted after HealthBridge was denied a request to delay a court order forcing it to reinstate 600 union workers that went on strike after the company unilaterally changed their labor contracts, according to The […]

Author: Joel R. Glucksman

March 15, 2013

Auto Mogul James Pflueger Back in Court on Tax Fraud Charges

Retired automobile magnate James “Jimmy” Pflueger will return to federal court on tax law violations that include several counts of tax fraud. Pflueger is being accused of using business assets for personal gain, falsely reporting his income on his tax returns in Hawaii and California, and hiding his assets overseas. The 86-year-old allegedly misconstrued the profits […]

Author: Frank L. Brunetti

March 15, 2013

Tax Crimes

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