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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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Thousands of Former Players Bring Class-Action Lawsuit Against NFL

The National Football League is currently facing a class-action lawsuit from thousands of former players, and their wives, for allegedly hiding information related to brain injuries caused by playing football. Paul Barrett, assistant managing editor at Bloomberg Businessweek, noted that although the plaintiffs may face challenges trying to prove they were unaware of the risks […]

Author: Scarinci Hollenbeck, LLC

February 13, 2013

Will the American Idol Discrimination Suit Be Voted Off by the EEOC?

American Idol is making headlines this season, for all of the wrong reasons. Following reports of infighting among the judges, several former contestants are now seeking to file a discrimination lawsuit. The contestants, who span several seasons, allege that the producers of American Idol have unfairly discriminated against African American contestants by inquiring about arrest […]

Author: Scarinci Hollenbeck, LLC

February 13, 2013

EEOC

School Supply Distributor Seeks Chapter 11 Bankruptcy Protection

School Specialty Inc., a distributor of educational supplies to grade schools, has filed for Chapter 11 protection under bankruptcy law. The Wisconsin-based company sought protection in U.S. Bankruptcy Court in Delaware, and listed $494.5 million in assets and $394.5 million in liabilities. Following the bankruptcy filing, and an announcement that the assets would be auctioned […]

Author: Joel R. Glucksman

February 12, 2013

Employer Notifications Under Patient Protection and Affordable Care Act Postponed

New York and New Jersey employers have been given a short temporary reprieve for a major notice requirement under the Patient Protection and Affordable Care Act. The Departments of Labor, Treasury, and Health and Human Services recently announced that the March 13, 2013 deadline for providing written notice of Health Care Exchange requirements is being […]

Author: Scarinci Hollenbeck, LLC

February 12, 2013

Affordable Care Act

Government Issues Final Rules on FATCA

Foreign financial institutions that shelter Americans’ offshore funds will now be required to comply with the final rules on FATCA issued by the U.S. Department of Treasury and the Internal Revenue Service. The federal officials announced that they have finalized regulations relating to U.S. tax law compliance and offshore accounts. The groups said that many […]

Author: James F. McDonough

February 11, 2013

Court Denies Creditors' Document Request in Alabama Bankruptcy Case

In the ongoing bankruptcy case of Jefferson County Alabama, Wall Street creditors who petitioned the court for access to county documents relating to city sewer-system rates will not be permitted to view the records, a bankruptcy court has ruled. U.S. Bankruptcy Judge Thomas Bennett denied a request by creditors to examine the documents used by […]

Author: Joel R. Glucksman

February 8, 2013

Chapter 9

Oldest Swiss Bank to Close After Pleading Guilty to Helping U.S. Clients Evade Taxes

Wegelin and Co., the oldest bank in Switzerland, will soon shut its doors following a guilty admission for helping American clients evade U.S. tax law by hiding more than a billion dollars in income from the Internal Revenue Service. Otto Bruderer, an official at the 270-year-old Swiss institution, entered the guilty plea on the bank’s […]

Author: James F. McDonough

February 8, 2013

Tribune Co. to Drop Certain Clawback Lawsuits Against Executives

Clawback Lawsuits to be Dropped, but NOT for all Executives The Tribune Co., owner of several notable newspapers and television stations, announced that it plans to drop some lawsuits against the executives that it asserts contributed to its bankruptcy. Following upon its recent emergence from bankruptcy protection, the company said it plans to drop the […]

Author: Joel R. Glucksman

February 7, 2013

Business Owners: Avoid Tax Compliance Hang-ups Related to Independent Contractors

Avoid Tax Compliance Issues There are a number of perks to hiring independent contractors for jobs, rather than relying on salaried employees. However, there can also be potential tax law missteps related to issuing forms to freelance workers, making it important for business owners to tread cautiously around filing season. Failing to comply with federal […]

Author: James F. McDonough

February 6, 2013

Employers Beware: Misclassification of Workers Is the Focus of DOL Action

On January 24, 2013, the U.S. Department of Labor (“DOL”) proposed to conduct a first-of-its-kind survey of employers and employees about their experiences and knowledge of worker “misclassification.” Worker misclassification occurs when a bona fide, common law employee is classified to be an “independent contractor” so as to avoid tax withholding, overtime pay and insurance […]

Author: Scarinci Hollenbeck, LLC

February 6, 2013

New Jersey Restaurant Association Insurance Presentation

On January 22, 2013, Scarinci Hollenbeck partner Charles Yuen spoke to a meeting sponsored by the New Jersey Restaurant Association regarding Superstorm Sandy and insurance coverage issues. A copy of his Powerpoint presentation is Click Here. Scarinci Hollenbeck partner Gary Young is counsel to the Association.

Author: Scarinci Hollenbeck, LLC

February 5, 2013

Handy Hardware Files for Chapter 11 Bankruptcy Protection

Handy Hardware Wholesale, Inc., a dealer-owned hardware wholesale group operating in 14 states filed for Chapter 11 protection under bankruptcy law after a costly expansion straddled it with debt. Handy filed for protection from its creditors in U.S. Bankruptcy Court in Wilmington, Delaware. The wholesale group has roughly 1,000 members, who wholly own the company, […]

Author: Joel R. Glucksman

February 5, 2013

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