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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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Scarinci Hollenbeck Represents Blue Sky Hospitality Solutions in Acquisition of $84M NYC Hotel

Donald M. Pepe, Howard D. Bader, and Team Successfully Advise Hotel Management Company in Complex Acquisition of Former Andaz Wall Street Hotel in NYC New York, NY – February 15, 2022 – Scarinci Hollenbeck represented Blue Sky Hospitality Solutions Management Co. (Blue Sky Hospitality) in the $84 million acquisition and financing of the former Andaz Wall […]

Author: Scarinci Hollenbeck, LLC

February 15, 2022

New York

Companies Who Fail to Patch Log4j Vulnerability Could Face FTC Enforcement

The FTC is advising companies to work quickly to remediate the Log4j security vulnerability... The Federal Trade Commission (FTC) is advising companies to work quickly to remediate the Log4j security vulnerability. Failure to act could result in an FTC enforcement action under applicable laws such as the Federal Trade Commission Act and the Gramm Leach Bliley […]

Author: Maryam M. Meseha

February 14, 2022

Should the Federal Reserve Establish Its Own Digital Currency?

The Federal Reserve recently took its first step toward establishing a central bank digital currency (CBDC). The Federal Reserve recently took its first step toward establishing a central bank digital currency (CBDC). Its paper, entitled Money and Payments: The U.S. Dollar in the Age of Digital Transformation (Fed Paper), explores the risks and benefits of CBDCs […]

Author: Maryam M. Meseha

February 11, 2022

The Different Types of Certificates of Occupancy and Why They Matter to NYC Real Estate Buyers

When purchasing New York City real estate in a newly developed or recently renovated building, buyers should understand the role of a certificate of occupancy... When purchasing New York City real estate in a newly developed or recently renovated building, buyers should understand the role of a certificate of occupancy. Most importantly, buyers should be […]

Author: Bruce Feffer

February 9, 2022

New York

EPA Introduces New Definition of “Waters of the United States”

On December 7, 2021, the U.S. Environmental Protection Agency and the Department of the Army announced a proposed rule to revise the definition of “waters of the United States.” On December 7, 2021, the U.S. Environmental Protection Agency and the Department of the Army announced a proposed rule to revise the definition of “waters of the United […]

Author: Monica P. Schroeck

February 4, 2022

What is in Store for the Rest of the 117th Congress?

As the current Congress moves into its second session, the Biden Administration may continue to face challenges in accomplishing its priorities... President Joe Biden and his Democratic party have faced a parade of stinging defeats in recent weeks, from the U.S. Supreme Court halting the vaccine mandate for large employers to members of the party […]

Author: Edward "Teddy" Eynon

February 4, 2022

U.S. Congress

Who Owns an Employee’s Social Media Account? New York Courts Tackling Novel Issue

Lawsuits over the ownership of employee social media accounts have become increasingly common... It may seem like an obvious question: Who owns an employee’s social media account? Lawsuits over the ownership of such accounts have become increasingly common. The Second Circuit Court of Appeals recently tackled the issue and held that wedding dressmaker JLM Couture […]

Author: Maryam M. Meseha

February 3, 2022

Social Media

How to Conduct an Effective Pre-Closing “Walk-Through” on Your New NYC Property

While it can be tempting to run towards the finish line when purchasing an NYC property, buyers should always conduct a pre-closing “walk-through.” While it can be tempting to run towards the finish line when purchasing an NYC property, buyers should always conduct a pre-closing “walk-through.” Thoroughly inspecting the property before finalizing the transaction can […]

Author: Bruce Feffer

February 2, 2022

New York

Should SPACs Be Considered Investment Companies?

The rising popularity of special-purpose acquisition companies (SPACs) garnered the attention of both investors and regulators last year... The rising popularity of special-purpose acquisition companies (SPACs) garnered the attention of both investors and regulators last year. As we begin the New Year, an emerging question is how SPACs should be regulated, with some making the […]

Author: Dan Brecher

February 1, 2022

Are You Ready to Comply With New York’s New Construction Industry Wage Law?

Contractors may be held jointly and severally liable for subcontractors’ failure to pay proper wages under a new law amending the New York Labor Law (NYLL) and General Business Law (GBL)... Contractors may be held jointly and severally liable for subcontractors’ failure to pay proper wages under a new law amending the New York Labor […]

Author: Scarinci Hollenbeck, LLC

January 31, 2022

New York

Discover How You Should Maintain Inventory in a Gig Economy

One of the most misunderstood accounting concepts in the e-commerce and reselling space involves how to deduct your inventory costs... One of the most misunderstood accounting concepts in the e-commerce and reselling space involves how to deduct your inventory costs. Small businesses that sell on a digital platform such as eBay, Esty, Shopify, etc. must […]

Author: Frank L. Brunetti

January 28, 2022

Small Business

Will the SEC Adopt New SPAC Regulations in 2022?

One of the biggest questions facing special acquisition companies (SPACs) is whether the SEC will adopt new rules... As we enter 2022, one of the biggest questions facing special acquisition companies (SPACs) is whether the Securities and Exchange Commission (SEC) will adopt new rules. Like most governmental regulatory agencies, the answer is that its procedural […]

Author: Dan Brecher

January 28, 2022

SPACS

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