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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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Eastman Kodak Seeks Approval for $406 Million Rights Offering Upon Exit from Bankruptcy post image

Eastman Kodak Seeks Approval for $406 Million Rights Offering Upon Exit from Bankruptcy

Iconic photography pioneer Eastman Kodak said it will seek court approval for a $406 million rights offering upon exit from bankruptcy proceedings that will give creditors a large equity stake in the company. Many of its key creditors have already agreed to the backstop, which would enable Kodak to issue 34 million common shares at $11.94 each. […]

Author: Joel R. Glucksman

Link to post with title - "Eastman Kodak Seeks Approval for $406 Million Rights Offering Upon Exit from Bankruptcy"
Summer Heat Safety for New York and New Jersey Employers post image

Summer Heat Safety for New York and New Jersey Employers

With the official start of summer, employers need to be mindful of heat safety. With our first heat wave of the year behind us, the East Coast is likely due for substantially more hot and humid weather in the coming months. For employees who work outside, rising temperatures can pose a serious health risk. According […]

Author: Donald M. Pepe

Link to post with title - "Summer Heat Safety for New York and New Jersey Employers"
Deen Loses Contracts Over Racism Allegations post image

Deen Loses Contracts Over Racism Allegations

Unsavory remarks, behavior, and sentiments from television personalities may not constitute a violation of entertainment law, but they can still result in significant career damage, as evidenced by the ongoing Paula Deen racism allegations scandal. The Southern chef, known for her meals, cookware, and ancillary product lines was recently dropped from the Food Network for racism […]

Author: Scarinci Hollenbeck, LLC

Link to post with title - "Deen Loses Contracts Over Racism Allegations"
ICIJ Publicly Releases New Offshore Tax Haven Report post image

ICIJ Publicly Releases New Offshore Tax Haven Report

The Internal Revenue Service, lawmakers and Americans began paying more attention to the International Consortium of Investigative Journalists following its public release of hundreds of names and financial details of offshore account holders in April. Now, the ICIJ has released a new report, which gives the public access to extensive offshore tax haven records through its new […]

Author: Scarinci Hollenbeck, LLC

Link to post with title - "ICIJ Publicly Releases New Offshore Tax Haven Report"
Supreme Court Sides With Employers on Harassment Claim post image

Supreme Court Sides With Employers on Harassment Claim

What is expected of employers to defend harassment charges has been clarified by the U.S. Supreme Court’s recent decision in Vance v. Ball State.  The Court considered and rejected the EEOC’s broad definition of “supervisor” for purposes of establishing an employer’s liability for workplace harassment under Title VII of the Civil Rights Act. The Facts […]

Author: Scarinci Hollenbeck, LLC

Link to post with title - "Supreme Court Sides With Employers on Harassment Claim"
Fox Offers Powerful Lesson to Employers Hiring Interns This Summer post image

Fox Offers Powerful Lesson to Employers Hiring Interns This Summer

Fox Entertainment Group recently learned the hard way that interns don’t necessarily mean “free” labor.  A New York federal judge recently certified a class-action lawsuit under the Fair Labor Standards Act (FLSA). The court found that although the two plaintiffs were treated as unpaid interns, Fox failed to satisfy the necessary legal test for treating […]

Author: Scarinci Hollenbeck, LLC

Link to post with title - "Fox Offers Powerful Lesson to Employers Hiring Interns This Summer"
Tax Evasion Tops List of Priorities at G-8 Summit post image

Tax Evasion Tops List of Priorities at G-8 Summit

The Internal Revenue Service’s recent crackdown on tax evasion and fraud may have initially appeared to be an American phenomenon, but tax law violations appear to be an international issue. As the leaders of the international community meet for the upcoming G-8 summit, tax issues and combating tax evasion are expected to top the list […]

Author: Scarinci Hollenbeck, LLC

Link to post with title - "Tax Evasion Tops List of Priorities at G-8 Summit"
Time Warner Cable Faces Lawsuit Over Sports Package Bundling post image

Time Warner Cable Faces Lawsuit Over Sports Package Bundling

Time Warner Cable will soon square off against angry customers who brought a class action lawsuit against the cable giant over sports package bundling. Subscribers are being forced to pay higher costs for sports channels they don’t want. Time Warner recently paid out $8 billion for the rights to carry L.A. Dodgers baseball games and $3 billion […]

Author: Scarinci Hollenbeck, LLC

Link to post with title - "Time Warner Cable Faces Lawsuit Over Sports Package Bundling"
Detroit Emergency Manager Halts Debt Payments, Urges Creditors To Accept Pennies on the Dollar post image

Detroit Emergency Manager Halts Debt Payments, Urges Creditors To Accept Pennies on the Dollar

Detroit’s appointed emergency manager Kevyn Orr painted a grim picture of the city’s finances in his recent meeting with creditors and investors. Orr, who is tasked with implementing a plan that may help the city avoid falling into bankruptcy law protection, asked creditors and union leaders to accept significantly lesser amounts than what they are owed […]

Author: Joel R. Glucksman

Link to post with title - "Detroit Emergency Manager Halts Debt Payments, Urges Creditors To Accept Pennies on the Dollar"
Coda Affiliates Forced Into Bankruptcy post image

Coda Affiliates Forced Into Bankruptcy

U.S. electric car maker Coda Automotive sought bankruptcy law protection in early May, and now it appears that its financial condition is impacting its affiliate companies and they will be forced into bankruptcy as well. Delaware-based Lio Energy Systems Holdings has filed for protection along with Hong Kong-based Miles Electric Vehicles Ltd. The companies are petitioning to […]

Author: Joel R. Glucksman

Link to post with title - "Coda Affiliates Forced Into Bankruptcy"
Revlon to Pay SEC Fine for “Going Private” Transaction post image

Revlon to Pay SEC Fine for “Going Private” Transaction

The Securities and Exchange Commission (SEC) recently announced that Revlon has agreed to pay an $850,000 fine to resolve charges that it misled investors regarding a “going private” transaction. These transactions generally involve a company delisting and deregistering its stock and cashing out their shareholders so the company or a private equity firm can acquire […]

Author: Dan Brecher

Link to post with title - "Revlon to Pay SEC Fine for “Going Private” Transaction"

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