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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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Does Corporate Citizenship Pay Dividends? post image

Does Corporate Citizenship Pay Dividends?

Being a good corporate citizen does matter, according to recent studies involving both consumers and executives. Marketing agency Good.Must.Grow (GMG) found that many consumers consider social responsibility when purchasing products or services. Of the 1,015 survey respondents, 60 percent indicated that buying goods from socially responsible companies is important to them. Treatment of employees ranked […]

Author: Donald M. Pepe

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Boise State Petitions Court to Void $5 Million Big East Cancellation Penalty post image

Boise State Petitions Court to Void $5 Million Big East Cancellation Penalty

In light of an announcement from the Big East Conference – soon to be the American Athletic Conference – that it will pursue a lawsuit against Boise State University for failing to pay the $5 million cancellation policy for exiting the conference, BSU has filed a counter lawsuit. In a statement released by the university, BSU has […]

Author: Scarinci Hollenbeck, LLC

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Department of Justice Calling for Rule Change to Pursue Foreign Businesses post image

Department of Justice Calling for Rule Change to Pursue Foreign Businesses

The federal government has recently stepped up its efforts to pursue legal action against foreign businesses that have broken U.S. laws. After a series of legal setbacks, the Department of Justice (DOJ) is looking to amend the Federal Rules of Criminal Procedure. Companies and individuals may be held liable to breaking U.S. criminal laws without […]

Author: Scarinci Hollenbeck, LLC

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Shock Jock Loses NY Business Lawsuit Over Key Contract Term post image

Shock Jock Loses NY Business Lawsuit Over Key Contract Term

Howard Stern recently suffered another legal setback in his lawsuit against Sirius XM Radio Inc. A New York state appeals court affirmed the dismissal of his $330 million breach of contract lawsuit. The disputes centered on the terms of a 2004 employment agreement under which Stern agreed move his radio program to Sirius XM. The […]

Author: Robert E. Levy

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IRS to Cut Back on Individual, Corporate Audits in 2013 post image

IRS to Cut Back on Individual, Corporate Audits in 2013

The Internal Revenue Service is seeking out strategies to maximize its efficiency on a lower budget, and this may translate to fewer individual and corporate audits in 2013, a new report suggests. Documents obtained by a non-partisan watchdog group, Transactional Records Access Clearinghouse, revealed that the IRS plans to reduce the number of staffers it places […]

Author: Scarinci Hollenbeck, LLC

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Military, Law Enforcement Supplier Seeks Chapter 11 Bankruptcy Protection post image

Military, Law Enforcement Supplier Seeks Chapter 11 Bankruptcy Protection

U.S. Cavalry Store Inc., a provider of military and law enforcement gear and equipment, has filed for Chapter 11 Bankruptcy protection. The Kentucky-based company owes money to between 200 and a thousand creditors. It listed assets of less than $50,000 and liabilities ranging from $1 million to $10 million, according to The Associated Press. However, […]

Author: Joel R. Glucksman

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Helmet-Maker Riddell Loses $11.5 Million Lawsuit post image

Helmet-Maker Riddell Loses $11.5 Million Lawsuit

A Colorado jury awarded a young man who suffered severe brain injuries while playing high school football millions of dollars in a lawsuit brought against helmet-maker Riddell. Rhett Ridolfi, now 22 years old, was awarded $11.5 million in damages after suing Riddell, football coaches and his former high school’s administration. The jury ruled that while […]

Author: Scarinci Hollenbeck, LLC

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Does Your Small Business LLC Have an Operating Agreement? post image

Does Your Small Business LLC Have an Operating Agreement?

New York, like many states, requires all limited liability companies to have an operating agreement, regardless of size. In New Jersey, they are not required, but they are certainly a good idea. An operating agreement is essential to the smooth operation of an LLC because it governs the company’s financial and business decisions. For the […]

Author: Scarinci Hollenbeck, LLC

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Chinese Buyer Changes Bankrupt A123 Systems' Name to B456 post image

Chinese Buyer Changes Bankrupt A123 Systems' Name to B456

In a streak of creativity following its purchase of bankrupt battery maker A123 Systems, Chinese firm Wanxiang Group changed the company’s name to B456 Systems and announced its plans to renew operations within the U.S. After filing the new name with the U.S. Securities and Exchange Commission, Wanxiang said it plans to maintain the company’s […]

Author: Joel R. Glucksman

Link to post with title - "Chinese Buyer Changes Bankrupt A123 Systems' Name to B456"
Battle of the Bulge: Yummie Tummie Sues Spanx for Patent Infringement post image

Battle of the Bulge: Yummie Tummie Sues Spanx for Patent Infringement

The fashion industry has recently become a hotbed for intellectual property suits. New York-based Times Three Clothier LLC is the latest file suit. The company alleges that tank tops sold by Spanx infringe the design patents for its Yummie Tummie brand. Powerful women are behind both companies. Sara Blakely, the founder of Spanx, has been […]

Author: Fred D. Zemel

Link to post with title - "Battle of the Bulge: Yummie Tummie Sues Spanx for Patent Infringement"
Leaked Documents Reveal Extent of Tax Shelter Abuse post image

Leaked Documents Reveal Extent of Tax Shelter Abuse

The Internal Revenue Service has made going after Americans who violate U.S. tax law through the improper use of tax shelters a top priority. A new report that exposes millions of leaked documents reveals the large extent of tax shelter abuse occurring in the U.S. The International Consortium of Investigative Journalists reports that 90 journalists […]

Author: Scarinci Hollenbeck, LLC

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U.S. Supreme Court to Take on Forum-Selection Clauses post image

U.S. Supreme Court to Take on Forum-Selection Clauses

The U.S. Supreme Court recently agreed to consider another key business case. Atlantic Marine Construction Company v. J-Crew Management involves whether federal courts should be required to enforce a forum-selection clause in business contracts. The specific issue before the Court is what happens when one party files a lawsuit in a venue other than as contractually […]

Author: Scarinci Hollenbeck, LLC

Link to post with title - "U.S. Supreme Court to Take on Forum-Selection Clauses"

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