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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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Medtronic the Latest Company to Propose Tax Inversion post image

Medtronic the Latest Company to Propose Tax Inversion

Yet another U.S. health care company is set to take part in a corporate inversion, in which a U.S.-based firm merges with a foreign company in order to take advantage of lower tax rates abroad. Medtronic Inc. is set to become the largest company yet to perform a tax inversion with its plans to merge with former-U.S. company Covidien […]

Author: Scarinci Hollenbeck, LLC

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Luke Brugnara Case: Stolen Art, Mail Fraud and $11 Million post image

Luke Brugnara Case: Stolen Art, Mail Fraud and $11 Million

I came across a case recently involving Luke Brugnara Luke Brugnara is a former real estate investor who managed to attract media attention to himself over the years first with his bombastic claims about his personal wealth, then with his conviction for tax evasion and trout poaching, for which he was sentenced to 30 months and […]

Author: Scarinci Hollenbeck, LLC

Link to post with title - "Luke Brugnara Case: Stolen Art, Mail Fraud and $11 Million"
NJ Lawsuit Highlights High Costs of Negligent Security Claims post image

NJ Lawsuit Highlights High Costs of Negligent Security Claims

Allegations of negligent security can be costly for New Jersey businesses, as evidenced by a recent $7.8 million settlement. An apartment owner, management company, and security provider will all pay millions of dollars for failing to prevent a stabbing death at an apartment complex in Jersey City. While New Jersey businesses are typically not responsible […]

Author: Robert E. Levy

Link to post with title - "NJ Lawsuit Highlights High Costs of Negligent Security Claims"
Supreme Court rules on inherited IRAs post image

Supreme Court rules on inherited IRAs

The Supreme Court ruled June 12 that inherited individual retirement accounts, also known as inherited IRAs, are not protected from creditors in bankruptcy proceedings, according to Reuters. As baby boomers die and pass on their assets to their children, this ruling is likely to have wide-reaching effects. The case before the Supreme Court began in […]

Author: Joel R. Glucksman

Link to post with title - "Supreme Court rules on inherited IRAs"
International Tax Trends post image

International Tax Trends

It is easy to discern a trend, especially in international taxation. One of the largest Swiss banks plead guilty to criminal charges for helping U.S. taxpayers avoid income taxes. Countries continue to enter into FACTA agreements with the U.S. rather than be shut out of the international banking system and U.S. markets. U.S. Senators rail […]

Author: James F. McDonough

Link to post with title - "International Tax Trends"
Have You Translated Your Employee Policies? post image

Have You Translated Your Employee Policies?

New York and New Jersey businesses should ensure that all of their employees understand (entender, comprendre, wakaru) their workplace policies. This includes those who are not native English speakers. In some cases, failing to translate key employee policies and legal notices can lead to costly liability. Translation Obligations in the U.S. To start, some laws […]

Author: Scarinci Hollenbeck, LLC

Link to post with title - "Have You Translated Your Employee Policies?"
Will New Jersey Lawmakers Give Tesla the Green Light? post image

Will New Jersey Lawmakers Give Tesla the Green Light?

Tesla Motors sells the most widely acclaimed electric car on the market, most recently being named Consumer Reports’ car of the year. However, a dispute between the carmaker and the state threatens to make the Tesla S virtually impossible to purchase in the state of New Jersey. The issue is that Tesla currently does not […]

Author: Dan Brecher

Link to post with title - "Will New Jersey Lawmakers Give Tesla the Green Light?"
Supreme Court Clarifies Bankruptcy Court Powers post image

Supreme Court Clarifies Bankruptcy Court Powers

The Supreme Court clarified a prior ruling on June 9 that put limits on bankruptcy judges’ powers, according to The Wall Street Journal. The unanimous ruling in the case of Executive Benefits Insurance Agency v. Peter H. Arkison clarifies a 2011 ruling as to on which claims the bankruptcy may give a final ruling and […]

Author: Joel R. Glucksman

Link to post with title - "Supreme Court Clarifies Bankruptcy Court Powers"
NJ Legislature Considering Another Non-Residential Development Fee Moratorium post image

NJ Legislature Considering Another Non-Residential Development Fee Moratorium

The New Jersey Legislature is currently considering a bill that would suspend the imposition of development fees on non-residential construction projects. Like previous moratoriums, the goal is to encourage the development of commercial projects throughout New Jersey. Pursuant to the Statewide Non-residential Development Fee Act, the amount of the development fee is equal to 2.5 […]

Author: Scarinci Hollenbeck, LLC

Link to post with title - "NJ Legislature Considering Another Non-Residential Development Fee Moratorium"
Redbox Wins Consumer Data Suit post image

Redbox Wins Consumer Data Suit

Consumer data has become an important subject of debate in America This issue has become more prominent since government leaks revealed that U.S. intelligence organizations have access to vast amounts of meta-data. Much of this data is taken from large tech companies, which routinely collect users’ personal information. I recently came across a lawsuit in […]

Author: Scarinci Hollenbeck, LLC

Link to post with title - "Redbox Wins Consumer Data Suit"
Report Shows How Much Walgreens Stands To Gain with Inversion post image

Report Shows How Much Walgreens Stands To Gain with Inversion

Walgreens is just one of many U.S. companies to consider lowering its tax bill by moving abroad. This move, called an “inversion,” involves purchasing a foreign company and using it to alter the corporate structure so that the U.S. company is technically a corporate resident of the low-tax foreign country. Walgreens has been considering the […]

Author: James F. McDonough

Link to post with title - "Report Shows How Much Walgreens Stands To Gain with Inversion"
Mistakes to Avoid in Raising Money for Your Start-up Business post image

Mistakes to Avoid in Raising Money for Your Start-up Business

In the hundreds of business financing proposals I have reviewed in representing start-ups, investment banking firms and public companies, several principals that make for the greater likelihood of a successful presentation for the raise of needed funds are evident. The written and oral presentations of successful early stage funding proposals usually result from a well-organized, […]

Author: Dan Brecher

Link to post with title - "Mistakes to Avoid in Raising Money for Your Start-up Business"

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