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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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    Puerto Rico Lacks Bankruptcy Options post image

    Puerto Rico Lacks Bankruptcy Options

    Puerto Rico’s troubling debt position threatens its economic viability, and without Chapter 9 bankruptcy protection as an option, the unincorporated U.S. territory is facing a critical financial situation. The commonwealth’s economy heavily depends on tourism, which has plummeted recently due to declines in Americans’ discretionary spending. In response, the island has been operating largely on […]

    Author: Joel R. Glucksman

    Link to post with title - "Puerto Rico Lacks Bankruptcy Options"
    Case of Tax Planning for the Undead post image

    Case of Tax Planning for the Undead

    An Ohio man appeared in court seeking to reverse the 1994 declaration of his death. The declaration of death (“Declaration”) resulted from his disappearance from his home eight years earlier. Ohio law prevents a court from reversing such a Declaration after three years from its entry. The Ohio man is seeking to reclaim his social […]

    Author: James F. McDonough

    Link to post with title - "Case of Tax Planning for the Undead"
    Private Swiss Bank Closes Over Tax Evasion Dispute With U.S. post image

    Private Swiss Bank Closes Over Tax Evasion Dispute With U.S.

    Private Swiss bank Frey & Co AG announced that it’s closing its doors due to “unsustainable costs” stemming from the country’s dispute with the U.S. over alleged tax evasion. Frey will be the second bank – following Wegelin and Co. – to close after allegations of helping Americans evade U.S. tax law. U.S. authorities have launched […]

    Author: Scarinci Hollenbeck, LLC

    Link to post with title - "Private Swiss Bank Closes Over Tax Evasion Dispute With U.S."
    New York Cracking Down on Businesses that Post Fake Online Reviews post image

    New York Cracking Down on Businesses that Post Fake Online Reviews

    Have you ever read a glowing online review of a competing business and wondered how they did it? There is a good chance the post is fake, according to New York Attorney General Eric Schneiderman. The NY Attorney General recently announced the results of a yearlong undercover operation targeting the manipulation of consumer-review websites like […]

    Author: Scarinci Hollenbeck, LLC

    Link to post with title - "New York Cracking Down on Businesses that Post Fake Online Reviews"
    Ireland Announces Plan To Close Apple's Tax Loophole post image

    Ireland Announces Plan To Close Apple's Tax Loophole

    Following the announcement of several international tax agreements and a higher level of scrutiny over corporate tax strategies, Ireland recently announced its plans to close a tax loophole that a number of companies – most notably Apple, Inc. – have used to significantly lower their tax liabilities. Ireland’s Department of Finance released a new report […]

    Author: Scarinci Hollenbeck, LLC

    Link to post with title - "Ireland Announces Plan To Close Apple's Tax Loophole"
    New Jersey-Based Savient Pharmaceuticals Seeks Chapter 11 Bankruptcy post image

    New Jersey-Based Savient Pharmaceuticals Seeks Chapter 11 Bankruptcy

    Biotech firm Savient Pharmaceuticals has sought protection under Chapter 11 of the bankruptcy law, due to years of disappointing sales for its primary product Krystexxa. Biotech firm Savient Pharmaceuticals has sought protection under Chapter 11 of the bankruptcy law, due to years of disappointing sales for its primary product Krystexxa. The Bridgewater, New Jersey-based company filed for […]

    Author: Joel R. Glucksman

    Link to post with title - "New Jersey-Based Savient Pharmaceuticals Seeks Chapter 11 Bankruptcy"
    Sony/ATV Faces Copyright Lawsuit Over Beatles' Documentary post image

    Sony/ATV Faces Copyright Lawsuit Over Beatles' Documentary

    Ace Arts has brought a $100 million copyright lawsuit against Sony/ATV Music Publishing and Apple Corps Ltd. for allegedly sabotaging a Beatles documentary film that the company was making. The company, which is based in the U.S., was producing a Beatles documentary entitled, “The Beatles: The Lost Concert,” using footage from the group’s first concert […]

    Author: Scarinci Hollenbeck, LLC

    Link to post with title - "Sony/ATV Faces Copyright Lawsuit Over Beatles' Documentary"
    FDA Plan Goes Easy on Healthcare Apps post image

    FDA Plan Goes Easy on Healthcare Apps

    Mobile healthcare apps are big business. An estimated 500 million smartphone users worldwide will be using them by 2015. In response to the growing industry, the U.S. Food and Drug Administration (FDA) recently released its plan to regulate medical healthcare apps. The new rules will not impact tools that allow you to look up the […]

    Author: Dan Brecher

    Link to post with title - "FDA Plan Goes Easy on Healthcare Apps"
    G.W. Carver Memorial Gardens Cemetery Files for Bankruptcy post image

    G.W. Carver Memorial Gardens Cemetery Files for Bankruptcy

    George Washington Carver Memorial Gardens Inc., which closed its doors in September, has sought bankruptcy protection under Chapter 7 of the bankruptcy law. Although the company, which owns a cemetery in the gardens, has been struggling financially for several years, residents with loved ones buried in the gardens and those who have purchased plots are concerned […]

    Author: Joel R. Glucksman

    Link to post with title - "G.W. Carver Memorial Gardens Cemetery Files for Bankruptcy"
    Will New Tax Strategy Become More Widely Adopted post image

    Will New Tax Strategy Become More Widely Adopted

    Many corporations are implementing strategies to reduce their liabilities under U.S. tax law, but as these practices come under more scrutiny from the Internal Revenue Service, some analysts are questioning whether they will remain viable in the future. For instance, the Financial Times recently highlighted a practice implemented by Google, which allowed it to funnel […]

    Author: Scarinci Hollenbeck, LLC

    Link to post with title - "Will New Tax Strategy Become More Widely Adopted"
    Tiger Woods' Agent Threatens Lawsuit Over Cheating Accusations post image

    Tiger Woods' Agent Threatens Lawsuit Over Cheating Accusations

    Sports agents can be quite protective of the athletes they represent under talent agreements, as evidenced by a recent threat of legal action from Tiger Woods’ agent Mark Steinberg against Brandel Chamblee. Steinberg recently released a statement to ESPN.com over insinuations made by Golf.com’s Brandel Chamblee, who accused Woods of cheating during his PGA Tour. Chamblee insinuated that the player […]

    Author: Scarinci Hollenbeck, LLC

    Link to post with title - "Tiger Woods' Agent Threatens Lawsuit Over Cheating Accusations"

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