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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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Cross-Border Swaps Are A Top SEC Priority for 2013

The Securities and Exchange Commission (SEC) recently announced that cross-border security-based swaps rules would be a top priority for 2013. SEC Chairman Elisse Walter has characterized the swap rules as “the critical linchpin” of the Dodd-Frank Wall Street Reform and Consumer Protection Act due to the “global nature of the market.” “That is what is […]

Author: Dan Brecher

January 29, 2013

Near-80-Year-Old Millionaire Pleads Guilty to Offshore Tax Evasion

An elderly heiress and charity benefactor pleaded guilty in a Florida courtroom to sheltering tens of millions of dollars from the Internal Revenue Service in an offshore account. Mary Estelle Curran, 79, admitted to violating federal tax law by failing to report more than $43 million that she hid in a number of offshore accounts […]

Author: Scarinci Hollenbeck, LLC

January 28, 2013

Lance Armstrong Now Facing Class Action Lawsuit Over Autobiography

Will this class action lawsuit give rise to an actionable claim? Lance Armstrong is not only facing a backlash from sponsors, teammates and federal authorities, but also disgruntled fans who purchased his autobiographies. Following his admission to Oprah Winfrey about doping during his prestigious cycling career, the disgraced cyclist now faces a class-action lawsuit brought […]

Author: Anthony R. Caruso

January 28, 2013

Could Your Super Bowl Party Land You In Hot Water?

Even though New York will not be represented in this year’s Super Bowl, many local sports fans will be “out and about” to watch the game as guests of Super Bowl parties. While we do not wish to spoil the fun, party hosts should be aware that there is potential legal liability related to Super […]

Author: Gary S. Young

January 28, 2013

Court Dismisses Privacy Lawsuit Against Joan Rivers

Privacy Lawsuit Dismissed Joan Rivers is not always known for her tactful language and political correctness, but a recent appeals court sided with the comedian in a recent privacy lawsuit brought on by fan who attended a show that appeared in Rivers’ 2010 documentary. The plaintiff, Ann Bogie, was filmed having a discussion with Joan […]

Author: Anthony R. Caruso

January 25, 2013

Internal Revenue Service Delays Start of Tax Filing Season

Tax Filing Season will Start January 30, 2013 Last year was a significant one for many individuals who made key changes to their finances and investments in anticipation of the fiscal cliff. However, those who want to see how these changes will impact their tax liability may have to wait longer than usual due to […]

Author: James F. McDonough

January 25, 2013

Court Approves Sale of Kodak's Digital Patents, Eastman Business Park Utilities

2013: The Year Kodak emerges from Bankruptcy Protection? The Eastman Kodak Co. is a step closer to emerging from Chapter 11 bankruptcy protection in mid-2013 after a U.S. court approved the long-awaited sale of its digital imaging patents. United States Bankruptcy Judge Allan Gropper approved the $527 million purchase of Eastman Kodak Co.’s digital imaging […]

Author: Joel R. Glucksman

January 25, 2013

Atari Inc. Files for Chapter 11 Bankruptcy Protection

Filing for Bankruptcy Protection The U.S. arm of video game maker Atari filed for Chapter 11 bankruptcy protection under bankruptcy law in a U.S. Bankruptcy Court in New York. The popular game maker along with three of its affiliates filed for protection in an effort to distance itself from its French parent and find a […]

Author: Joel R. Glucksman

January 24, 2013

Chapter 11

Lawmakers Looking To Change Shareholders’ Derivative Suits

Lawmakers Poised to Raise the Bar for New Jersey Shareholders’ Derivative Suits Lawmakers in New Jersey are looking to create legislation that would make it more difficult to bring derivative suits by corporate shareholders could soon become a reality. The measure has been approved by the New Jersey Assembly and is quickly making its way […]

Author: Scarinci Hollenbeck, LLC

January 24, 2013

New Jersey Business Regulations

Warner Bros. Wins Superman Copyright Lawsuit

Winner in Copyright Lawsuit Warner Bros. emerged as the winner in a copyright lawsuit that has been going on for years regarding copyrights the Superman franchise. The Ninth Circuit Court of Appeals overruled a 2008 lower court decision, which gave Superman co-creator Jerome Siegel’s estate the go-ahead to recapture rights to the Superman saga. The battle […]

Author: Anthony R. Caruso

January 23, 2013

Farmers Race to Transfer Assets Before Estate Tax Increases

Estate Tax Increase puts U.S. Farmers at Risk Family-owned businesses and high-net worth individuals are bracing for a potential hike in federal estate taxes, but U.S. farmers are an overlooked segment that are expected to be particularly impacted by this scenario. If lawmakers choose not to reinstate the Bush tax cuts, federal estate tax rates […]

Author: Scarinci Hollenbeck, LLC

January 23, 2013

U.S. Supreme Court Reminds State Courts to Follow Federal Arbitration Act

In one of its first business law opinions of the current term, the U.S. Supreme Court reminded state courts that they have an obligation to follow the Federal Arbitration Act. The Court’s per curium opinion in Nitro-Lift Technologies v. Howardhighlights that the FAA is the law of the land, even though state courts may disfavor […]

Author: Scarinci Hollenbeck, LLC

January 23, 2013

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