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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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ING Fines Highlight Importance of Email Retention Procedures

The Financial Industry Regulatory Authority (FINRA) recently fined five units of ING Groep NV a total of $1.2 million for failing to retain or review millions of emails. The Financial Industry Regulatory Authority (FINRA) recently fined five units of ING Groep NV a total of $1.2 million for failing to retain or review millions of […]

Author: Dan Brecher

March 1, 2013

Beechcraft Emerges From Chapter 11 Bankruptcy

Aircraft maker Beechcraft, formerly known as Hawker Beechcraft, has officially emerged from Chapter 11 bankruptcy and is prepared to focus solely on its military sector and turboprop and piston aircraft. The Kansas-based company is already competing for a $354 million government contract to build aircraft for use in Afghanistan, the value of which could exceed $1 […]

Author: Joel R. Glucksman

February 28, 2013

Chapter 11

Congratulations to Joseph W. Oxley!

Scarinci Hollenbeck congratulates Joseph W. Oxley, our partner, colleague, and friend, on his appointment as a Judge of the Superior Court of New Jersey. Joe has been with Scarinci Hollenbeck since 2008 and has been a vital member of our Crisis Management and Public Law groups. His contributions to the firm have been immeasurable. We […]

Author: Scarinci Hollenbeck, LLC

February 27, 2013

IRS Victory in Tax Shelter Case May Cost BNY Mellon $800 Million

The Internal Revenue Service won a major victory in a high-profile tax shelter case that may carry costly implications for multinational corporations. A federal U.S. Tax Court handed down a ruling that bars Bank of New York Mellon from claiming millions of dollars in foreign tax credits arranged by Barclays. The case involves complex tax […]

Author: Scarinci Hollenbeck, LLC

February 27, 2013

Recent NJ Employment Decision Highlights Common FMLA Pitfalls

A recently decided New Jersey employment decision highlights several common pitfalls posed by an employee’s pregnancy rights under applicable laws. It specifically addresses an employers’ obligation to provide individualized notice of Family Medical Leave Act (FMLA) rights when an employee requests leave or the employer learns that an employee’s leave may be for an FMLA-qualifying […]

Author: Scarinci Hollenbeck, LLC

February 27, 2013

Hostess Begins First Round Of Bankruptcy Auctions

Hostess Brands will soon begin the process of auctioning off its most iconic labels in an effort to emerge from protection under bankruptcy law. The process will begin in the last week of February, during which the company will auction off several of its brands, including Wonder Bread, Dow Jones Newswires reports. One bidder – Flowers […]

Author: Joel R. Glucksman

February 26, 2013

New SEC Technology to Focus on Suspicious Corporate Disclosures

The Securities and Exchange Commission (SEC) is increasingly turning to technology to help root out fraud. The agency recently announced plans to launch a new computer software program that will detect accounting anomalies in corporate disclosures submitted to the regulator. The new data driven approach is expected to bolster the SEC’s risk assessment process when […]

Author: Dan Brecher

February 26, 2013

Ja Rule Released From Prison in Gun Case To Serve Time for Tax Evasion

Rapper Ja Rule, whose real name is Jeffrey Atkins, was recently released from federal prison for illegal gun possession only to be sent into custody for failing to comply with federal tax law. The Platinum-selling rapper served most of his two year sentence for possessing illegal firearms, and was recently escorted by U.S. Marshals to […]

Author: James F. McDonough

February 25, 2013

Splitting Inheritances Evenly May Not Always Be the Best Policy

How Will You Split Their Inheritance? When it comes to dividing up an estate among heirs, many affluent individuals and business owners balk at leaving one child more assets, cash, or property than their other children for fear that it will cause sibling rivalry. However, when business interests or family heirlooms are involved, this may […]

Author: Scarinci Hollenbeck, LLC

February 22, 2013

Estate & Trust Litigation

Actual Malice Proofs—Meant to Be Difficult, Not Impossible Part I

When a public figure brings a defamation lawsuit, he is required to prove that the defendant acted with actual malice, meaning he must present evidence that the defendant knew his statement to be false or that he had serious doubts as to the statement’s veracity. The public figure’s burden is meant to be difficult; it […]

Author: Joel N. Kreizman

February 22, 2013

Mary J. Blige Faces Tax Lien on New Jersey Mansion

Grammy winner and R&B artist Mary J. Blige is facing a host of financial issues that recently culminated in a $900,000 tax lien being placed on her home. The state of New Jersey imposed the lien on Blige’s 18,250-square-foot mansion in Saddle River after Blige violated tax law by failing to pay back taxes. She bought the home […]

Author: James F. McDonough

February 21, 2013

Reader's Digest Seeks Chapter 11 Bankruptcy Protection

Reader’s Digest, a long-time staple in most American homes, is seeking Chapter 11 protection under bankruptcy law to unload hundreds of millions of dollars in debt. RDA Holding, parent company of the Reader’s Digest Association, sought court protection in White Plains, New York, while it attempts to implement a restructuring plan with creditors. The proposed […]

Author: Joel R. Glucksman

February 21, 2013

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