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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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    LightSquared seeks ruling ahead of bankruptcy hearing post image

    LightSquared seeks ruling ahead of bankruptcy hearing

    Broadband company LightSquared urged U.S. Bankruptcy Judge Shelley Chapman on March 17 to find that its largest creditor, Dish Network Corp Chairman Charles Ergen, acquired his $850 million stake in the company improperly, according to Reuters. The outcome of the case between the company and Ergen – the closing arguments for which were heard March 17 – is likely to […]

    Author: Joel R. Glucksman

    Link to post with title - "LightSquared seeks ruling ahead of bankruptcy hearing"
    When Will a NY Court Enforce a No-Hire Agreement? post image

    When Will a NY Court Enforce a No-Hire Agreement?

    Like many states, New York tends to disfavor no-hire clauses and other restrictive covenants in employment agreements. Most recently, a New York district judge refused to enforce a 31-month no-hire agreement that would have prevented a former Reed Elsevier Inc. (REI) employee from going to work for the competition at TransUnion Holding Co. Inc. (TransUnion). […]

    Author: Scarinci Hollenbeck, LLC

    Link to post with title - "When Will a NY Court Enforce a No-Hire Agreement?"
    Estate planning with a non-citizen spouse post image

    Estate planning with a non-citizen spouse

    Estate planning, when not done in careful accordance with tax law, can lead to extremely high costs for high-net-worth individuals. Many of these costs can be easily mitigated or avoided entirely by taking advantage of the unlimited marital deduction, but this does not apply for individuals who are married to non-citizens, according to Market Watch. […]

    Author: Scarinci Hollenbeck, LLC

    Link to post with title - "Estate planning with a non-citizen spouse"
    EEOC Issues New Guidance on Religious Dress and Grooming in the Workplace post image

    EEOC Issues New Guidance on Religious Dress and Grooming in the Workplace

    Failing to make a reasonable religious accommodation to your dress and grooming policy can be costly. Just ask United Galaxy Inc., a car dealership in Little Falls, New Jersey. Late last year, the company agreed to pay $50,000 to resolve allegations that it declined to hire a Sikh applicant after he refused to shave his […]

    Author: Dan Brecher

    Link to post with title - "EEOC Issues New Guidance on Religious Dress and Grooming in the Workplace"
    Quiznos to file for bankruptcy amidst debt and declining sales post image

    Quiznos to file for bankruptcy amidst debt and declining sales

    Global sandwich chain Quiznos is preparing to file for protection under Chapter 11 of the bankruptcy act. According to reports published the evening of Feb. 27, the one-time fast food giant has accumulated about $570 million in debt and is experiencing declining sales nationwide. Quiznos has been negotiating with creditors and unhappy franchisees for weeks […]

    Author: Joel R. Glucksman

    Link to post with title - "Quiznos to file for bankruptcy amidst debt and declining sales"
    Exodus on the Parkway: Regent Atlantic’s Report Into Why Wealth Leaves New Jersey. post image

    Exodus on the Parkway: Regent Atlantic’s Report Into Why Wealth Leaves New Jersey.

    The financial advisory firm Regent Atlantic as to why wealthy people leave New Jersey to reside in other states. The report is entitled Exodus on the Parkway: Are Taxes Driving Wealthy Residents Out of New Jersey? (the “Report”).  The Report draws on objective statistical information and is free of the hyperbole that often accompanies such […]

    Author: James F. McDonough

    Link to post with title - "Exodus on the Parkway: Regent Atlantic’s Report Into Why Wealth Leaves New Jersey."
    Labor Attorney Challenges NCAA Stance on Amateur Status post image

    Labor Attorney Challenges NCAA Stance on Amateur Status

    The NCAA Compensation State of Affairs In the current climate, the compensation of college athletes is capped at an academic scholarship, which changes in value based on the school. No matter how famous – i.e. Johnny Manziel – any athlete who receives payment outside of a scholarship could be ruled ineligible atany timee and lose […]

    Author: Scarinci Hollenbeck, LLC

    Link to post with title - "Labor Attorney Challenges NCAA Stance on Amateur Status"
    States Pursue Offshore Tax-Free Income post image

    States Pursue Offshore Tax-Free Income

    While many reliable sources in Washington are saying that the odds of either President Obama’s corporate tax reform bill or Republican Camp’s bill getting passed this year are slim to none, some states aren’t waiting to conduct their own reform.. While many reliable sources in Washington are saying that the odds of either President Obama’s corporate tax reform […]

    Author: Scarinci Hollenbeck, LLC

    Link to post with title - "States Pursue Offshore Tax-Free Income"
    San Bernardino bankruptcy filing to set a precedent post image

    San Bernardino bankruptcy filing to set a precedent

    San Bernardino and its largest creditor, California Public Employees’ Retirement System, have made significant progress in recent negotiations, according to Reuters. The negotiations center on how much the city will pay the pension fund as part of the city’s bankruptcy filing. The city filed for protection under Chapter 9 of the bankruptcy law in August of […]

    Author: Joel R. Glucksman

    Link to post with title - "San Bernardino bankruptcy filing to set a precedent"
    Bipartisan move toward corporate tax reform post image

    Bipartisan move toward corporate tax reform

    There hasn’t been a major reform of corporate tax law in almost three decades, and with good reason – neither party agrees on which way to push the needle. However, recent developments in Washington suggest that both parties may be moving toward agreement in some key areas, according to MSNBC. Both President Barack Obama and Michigan […]

    Author: James F. McDonough

    Link to post with title - "Bipartisan move toward corporate tax reform"
    Staples To Close Many of Their Retail Locations post image

    Staples To Close Many of Their Retail Locations

    Staples, Inc. is the latest major retailer to announce that it will close a large number of its retail locations. Staples plans to close 225 stores, while Sears Holdings will shutter 500 locations, including its flagship Chicago store. The recent announcements are likely only the tip of the iceberg. According to a recent CNBC report, […]

    Author: Scarinci Hollenbeck, LLC

    Link to post with title - "Staples To Close Many of Their Retail Locations"
    Calumet Photographic declares bankruptcy post image

    Calumet Photographic declares bankruptcy

    In a last-minute announcement, Chicago-based Calumet Photographic announced that it was filing for protection under Chapter 7 of the bankruptcy law on March 12, according to The Wall Street Journal. The chain announced its plan to liquidate “with a heavy heart” on Facebook, saying that it would be closing all of its U.S. locations, though it […]

    Author: Joel R. Glucksman

    Link to post with title - "Calumet Photographic declares bankruptcy"

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