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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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IRS Proposes New Regulations for Third-Party Payroll Providers post image

IRS Proposes New Regulations for Third-Party Payroll Providers

When it come to ensuring Social Security, Medicare and federal income taxes are deducted from workers’ paychecks and contractors are classified correctly, existing tax law places these obligations solely on employers. However, new guidelines proposed by the Internal Revenue Service may shift some of the liability onto third-party payroll providers, employer organizations and employee leasing […]

Author: Frank L. Brunetti

Link to post with title - "IRS Proposes New Regulations for Third-Party Payroll Providers"
Cablevision Sues Viacom for Violating Antitrust Law post image

Cablevision Sues Viacom for Violating Antitrust Law

Cable customers may soon be permitted to drop unwanted channels they are forced to pay for with their bundle if distributor Cablevision wins its antitrust lawsuit against Viacom. The company argues that Viacom, which owns MTV and Nickelodeon, violated antitrust law by bundling undesired and unknown channels with big ones and forcing customers to pay […]

Author: Anthony R. Caruso

Link to post with title - "Cablevision Sues Viacom for Violating Antitrust Law"
Academy Awards Settles Copyright Infringement Lawsuit with Rental Company post image

Academy Awards Settles Copyright Infringement Lawsuit with Rental Company

Event rental companies hosting Oscar-themed parties might think twice about furnishing the party with the iconic gold Oscar statuettes. Event rental companies hosting Oscar-themed parties might think twice about furnishing the party with the iconic gold Oscar statuettes. The Academy of Motion Picture Arts and Sciences – which has gained a reputation for defending copyrights and […]

Author: Anthony R. Caruso

Link to post with title - "Academy Awards Settles Copyright Infringement Lawsuit with Rental Company"
Fitch Warns Coal Sector May Experience Higher Incidence of Bankruptcy post image

Fitch Warns Coal Sector May Experience Higher Incidence of Bankruptcy

A grim warning from credit rating agency Fitch Ratings estimates that a number of coal mining businesses may be in danger of falling into bankruptcy. Fitch reported that a persistently weak and volatile economy has been a large contributing factor to falling coal sales. Coupled with this is increased competition with less expensive natural gas resources […]

Author: Joel R. Glucksman

Link to post with title - "Fitch Warns Coal Sector May Experience Higher Incidence of Bankruptcy"
ING Fines Highlight Importance of Email Retention Procedures post image

ING Fines Highlight Importance of Email Retention Procedures

The Financial Industry Regulatory Authority (FINRA) recently fined five units of ING Groep NV a total of $1.2 million for failing to retain or review millions of emails. The Financial Industry Regulatory Authority (FINRA) recently fined five units of ING Groep NV a total of $1.2 million for failing to retain or review millions of […]

Author: Dan Brecher

Link to post with title - "ING Fines Highlight Importance of Email Retention Procedures"
Beechcraft Emerges From Chapter 11 Bankruptcy post image

Beechcraft Emerges From Chapter 11 Bankruptcy

Aircraft maker Beechcraft, formerly known as Hawker Beechcraft, has officially emerged from Chapter 11 bankruptcy and is prepared to focus solely on its military sector and turboprop and piston aircraft. The Kansas-based company is already competing for a $354 million government contract to build aircraft for use in Afghanistan, the value of which could exceed $1 […]

Author: Joel R. Glucksman

Link to post with title - "Beechcraft Emerges From Chapter 11 Bankruptcy"
IRS Victory in Tax Shelter Case May Cost BNY Mellon $800 Million post image

IRS Victory in Tax Shelter Case May Cost BNY Mellon $800 Million

The Internal Revenue Service won a major victory in a high-profile tax shelter case that may carry costly implications for multinational corporations. A federal U.S. Tax Court handed down a ruling that bars Bank of New York Mellon from claiming millions of dollars in foreign tax credits arranged by Barclays. The case involves complex tax […]

Author: Scarinci Hollenbeck, LLC

Link to post with title - "IRS Victory in Tax Shelter Case May Cost BNY Mellon $800 Million"
Recent NJ Employment Decision Highlights Common FMLA Pitfalls post image

Recent NJ Employment Decision Highlights Common FMLA Pitfalls

A recently decided New Jersey employment decision highlights several common pitfalls posed by an employee’s pregnancy rights under applicable laws. It specifically addresses an employers’ obligation to provide individualized notice of Family Medical Leave Act (FMLA) rights when an employee requests leave or the employer learns that an employee’s leave may be for an FMLA-qualifying […]

Author: Gary S. Young

Link to post with title - "Recent NJ Employment Decision Highlights Common FMLA Pitfalls"
Hostess Begins First Round Of Bankruptcy Auctions post image

Hostess Begins First Round Of Bankruptcy Auctions

Hostess Brands will soon begin the process of auctioning off its most iconic labels in an effort to emerge from protection under bankruptcy law. The process will begin in the last week of February, during which the company will auction off several of its brands, including Wonder Bread, Dow Jones Newswires reports. One bidder – Flowers […]

Author: Joel R. Glucksman

Link to post with title - "Hostess Begins First Round Of Bankruptcy Auctions"
New SEC Technology to Focus on Suspicious Corporate Disclosures post image

New SEC Technology to Focus on Suspicious Corporate Disclosures

The Securities and Exchange Commission (SEC) is increasingly turning to technology to help root out fraud. The agency recently announced plans to launch a new computer software program that will detect accounting anomalies in corporate disclosures submitted to the regulator. The new data driven approach is expected to bolster the SEC’s risk assessment process when […]

Author: Dan Brecher

Link to post with title - "New SEC Technology to Focus on Suspicious Corporate Disclosures"
Ja Rule Released From Prison in Gun Case To Serve Time for Tax Evasion post image

Ja Rule Released From Prison in Gun Case To Serve Time for Tax Evasion

Rapper Ja Rule, whose real name is Jeffrey Atkins, was recently released from federal prison for illegal gun possession only to be sent into custody for failing to comply with federal tax law. The Platinum-selling rapper served most of his two year sentence for possessing illegal firearms, and was recently escorted by U.S. Marshals to […]

Author: James F. McDonough

Link to post with title - "Ja Rule Released From Prison in Gun Case To Serve Time for Tax Evasion"
Splitting Inheritances Evenly May Not Always Be the Best Policy post image

Splitting Inheritances Evenly May Not Always Be the Best Policy

How Will You Split Their Inheritance? When it comes to dividing up an estate among heirs, many affluent individuals and business owners balk at leaving one child more assets, cash, or property than their other children for fear that it will cause sibling rivalry. However, when business interests or family heirlooms are involved, this may […]

Author: Frank L. Brunetti

Link to post with title - "Splitting Inheritances Evenly May Not Always Be the Best Policy"

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