Firm Insights

With an increasing number of Americans feeling disconnected from the political process, it is heartening to hear stories in which public opinion and political watchdog groups have a marked impact on political discourse. According to Joshua Holland, a reporter for BillMoyers.com, that is precisely what is going on regarding the so-called tax extenders. The tax […]

A bankruptcy judge on Dec. 12 voided the proposed sale of the Revel Casino Hotel to a Canadian firm that backed out of the deal. As requested by Revel Entertainment, Bankruptcy Judge Gloria Burns canceled the sale of the casino to Toronto-based Brookfield Asset Management for $110 million, according to The Associated Press. The company […]

The rape and sexual assault allegations in the Bill Cosby scandal are by equal parts shocking and frustrating. Shocking, because if true, it is difficult and disturbing to believe that the comedian America has come to know and love over decades could perpetrate such heinous crimes. Frustrating, because statutes of limitations make it unlikely that […]

Earlier this month, the New York Department of Financial Services issued rules regarding new debt collection regulations. The regulations represent the first use of “gap authority” under the New York Financial Services Law, enacted in 2011. That statute allows the state to regulate and enforce rules against previously unregulated providers of financial products and services. […]

New York employers will likely have to comply with the annual wage notice requirements of the state’s Wage Theft Prevention Act, even though the provision was amended by the New York legislature earlier this year. The Wage Theft Prevention Act was originally enacted into law in 2011 to protect the rights of low-wage workers. It […]

Over the past 12 months, several court decisions have provided valuable guidance for negotiating and drafting contracts. We also provided some of our own tips. Below is a brief summary: Contract Management In July, we discussed a survey that found businesses are struggling to keep up with contract management. For instance, 65 percent of the […]

U.S. Bankruptcy Judge Kevin Gross has questioned the reasoning for permitting Trump Entertainment to remain in Chapter 11. When Trump Entertainment filed for protection under Chapter 11 of the bankruptcy law, it intended to restructure and go on being profitable. Now that it seems this is less likely, Gross has ordered the company to demonstrate why […]

While the New Jersey area has yet to see significant snowfall, the recent blockbuster totals in the Buffalo, New York area highlight that Mother Nature can wreak havoc on businesses. From While the New Jersey area has yet to see significant snowfall, the recent blockbuster totals in the Buffalo, New York area highlight that Mother […]

Every year, it seems that Black Friday deals start earlier and earlier. While some welcome the opportunity to get a jump on their holiday shopping, critics contend that it robs workers of time with their families on the Thanksgiving holiday. In New Jersey, lawmakers could consider a bill that would restrict Black Friday from further […]

Going through bankruptcy as an individual is designed to be unpleasant. A personal bankruptcy generally has a dramatic negative impact on a credit report and can put some loans out of grasp for up to a decade. The financial tool is designed this way to ensure that it is only used as a last-ditch resort […]

As a student-athlete’s college football career draws to a close, one of the most important next steps that he must prepare for is the NFL Scouting Combine. This grueling test of strength, speed, endurance and knowledge has a serious impact on an athlete’s prospects in the draft, and the competition is fierce. It isn’t at […]

The Securities and Exchange Commission (SEC) recently issued its 2014 Annual Report to Congress on the Dodd-Frank Whistleblower Program. Per our prior posts, the SEC whistleblower program, which was first launched in 2011, incentivizes the reporting of high-quality, original information that results in an SEC enforcement action with sanctions exceeding $1 million. Whistleblower awards can range […]