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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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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: Scarinci Hollenbeck, LLC

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

Seven NJ Superfund Sites to Receive Funding Under Bipartisan Infrastructure Law

The EPA recently announced a $1 billion investment from the Bipartisan Infrastructure Law to initiate clean-up and clear the backlog of 49 previously unfunded Superfund sites and accelerate cleanup at dozens of other sites across the country. On December 17, 2021, the U.S. Environmental Protection Agency (EPA) announced a $1 billion investment from the Bipartisan […]

Author: Scarinci Hollenbeck, LLC

January 27, 2022

New York Law to Require Employers to Disclose Electronic Monitoring

New York Governor Kathy Hochul signed legislation (S2628) into law that requires employers who engage in electronic monitoring to provide notice to their employees that they are being monitored. On November 8, 2021, New York Governor Kathy Hochul signed legislation (S2628) into law that requires employers who engage in electronic monitoring to provide notice to […]

Author: Scarinci Hollenbeck, LLC

January 26, 2022

New York Greenlights Permanent Use of Remote Online Notarization

The COVID-19 pandemic has provided an opportunity to modernize the way many business and real estate transactions are conducted... The COVID-19 pandemic has provided an opportunity to modernize the way many business and real estate transactions are conducted. In New York, those changes now include remote notarization. Gov. Kathleen C. Hochul recently signed legislation authorizing the […]

Author: Bruce Feffer

January 25, 2022

Navigating Tax Reporting & Deduction in the Gig Economy

What Income and Deductions Should be Reported or Taken on Your Tax return in the Gig Economy? The gig economy[1]—also called sharing economy or access economy—is the activity where people earn income providing on-demand work, services or goods. Often, it’s through a digital platform like an app or website. Gig Economy Income is Taxable You […]

Author: Scarinci Hollenbeck, LLC

January 24, 2022

NFT Fraud Is Here – All You Need to Know Before You Invest

The buzz surrounding cryptocurrency, and in particular non-fungible tokens (NFTs), is not just attracting investors… The buzz surrounding cryptocurrency, and in particular non-fungible tokens (NFTs), is not just attracting investors. Scammers are increasingly looking to cash in as well. Accordingly, it is imperative to do your research before making an investment. Understanding the NFT Phenomenon […]

Author: Scarinci Hollenbeck, LLC

January 20, 2022

Year in Review: Securities Law Trends in 2021

In the past year, we discussed a number of ways that startups and other small businesses can raise the capital needed to help them grow while maintaining compliance with federal securities regulations... In 2021, we discussed a number of ways that startups and other small businesses can raise the capital needed to help them grow while maintaining […]

Author: Scarinci Hollenbeck, LLC

January 19, 2022

Governor Murphy Extends Mask Mandate for NJ Schools

On January 11, 2022, Governor Phil Murphy reinstated New Jersey’s Public Health Emergency, which became effective immediately… On January 11, 2022, Governor Phil Murphy reinstated New Jersey’s Public Health Emergency, which became effective immediately, in response to the continued threat of COVID-19 and the rapidly spreading Omicron variant. The new Public Health Emergency allows for existing […]

Author: John G. Geppert

January 18, 2022

COVID-19

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