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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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How the IOC's Amended Rule 40 is Benefiting Olympic Athletes

IOC Relaxes Rule 40 Restrictions on Non-Official Olympic Sponsors Many of the athletes competing in Rio would not be at the Olympics without the financial support provided by corporate sponsors. However, the International Olympic Committee’s (IOC) strict advertising rules (specifically Rule 40) generally prohibit competitors from even tweeting about non-official sponsors, and those companies are […]

Author: Anthony R. Caruso

August 19, 2016

Scarinci Hollenbeck

Partnerships Can No Longer Treat Partners as Employees for Tax Purposes

New regulations change how partnerships treat partners as employees The IRS and the U.S. Department of Treasury recently issued regulations to address the way the former taxes partners in a partnership that has a sole owner of a non-corporate entity. Specifically, the regulations apply to partners employed by the partnership. According to a National Law Review report, […]

Author: James F. McDonough

August 18, 2016

Reducing the Tax Burden on Contaminated Property in New Jersey

Property Owners May Be Able to Mitigate Costly Remediation on Their Contaminated Property in New Jersey Remediating environmentally contaminated property in New Jersey can be extremely costly for businesses across the state. To help ease the burden, property owners may be able to reduce the local property tax assessment on the property until the clean-up […]

Author: John M. Scagnelli

August 18, 2016

The Biggest Bankruptcy Filing in Brazilian History Filed by Oi SA

Oi SA responsible for Brazil’s largest bankruptcy filing Recently, Oi SA, one of the largest telecom companies in Brazil, announced that it had filed for bankruptcy protection. According to Bloomberg, the company’s announcement was reported worldwide because it is the biggest bankruptcy filing in the country’s history. The report found the company’s top fixed line phone […]

Author: Joel R. Glucksman

August 18, 2016

Scarinci Hollenbeck

Are Employee Breaks Mandated by New Jersey Law?

Are you required to provide employee breaks? Both employers and employees alike are often surprised to learn that federal employment laws do not require employers to set specific intervals or even make time for employees to take work breaks or eat meals. However, this does not mean that employers are totally off the hook for providing […]

Author: Sean D. Dias

August 17, 2016

How to Form an SPE (Part 2 of 2)

Why You Should Form an SPE Special purpose entities are game-changers for filmmakers looking for effective and cost-cutting ideas to improve the shooting and production processes. This is why it is important to know how to form an SPE. The tax, management and accounting advantages that filmmakers can take leverage with SPEs are undeniable. These legal […]

Author: Anthony R. Caruso

August 16, 2016

Scarinci Hollenbeck

How New Partnership Audit Rules Will Affect You

Changes to BBA Enact New Partnership Audit Rules Under the Bipartisan Budget Act of 2015 (“BBA”), which will take effect in 2018, the IRS will be able to audit certain partnerships and limited liability companies (LLCs) and collect the tax resulting from the adjustment at the partnership level. This makes for new partnership audit rules […]

Author: Frank L. Brunetti

August 16, 2016

Business

5 Points to Consider When Drafting an Employee Agreement

Should You Draft An Employee Agreement? Employers often wonder if they should require all employees to sign an employee agreement at the time of hire. Unfortunately, there is no easy answer, as there are both advantages and disadvantages to signing on the dotted line. Below are five of the most important legal considerations for New […]

Author: Jorge R. de Armas

August 16, 2016

Scarinci Hollenbeck

C&J Energy Services Ltd. Files for Chapter 11 Bankruptcy Protection

C&J Energy files Chapter 11 C&J Energy Services Ltd., one of the largest oil field service companies, has announced that it recently filed for Chapter 11 bankruptcy protection. According to The Wall Street Journal, the firm has negotiated a $1.4 billion deal with its senior bondholders, to resolve some of the issues connected to its […]

Author: Joel R. Glucksman

August 16, 2016

What is an SPE? (Part 1 of 2)

Everything You Need to Know about the SPE When expenses grow as large as they do in filmmaking, it is important to keep accounting straightforward as well as establish clear roles for participants. Film producers can achieve each of these goals through special purpose entities also known as the SPE. We will now take a look […]

Author: Anthony R. Caruso

August 16, 2016

Scarinci Hollenbeck

What Property Owners Need to Know About Assembly Bill No 1921

Everything You Should Know About Proposed Assembly Bill No 1921 Owners of contaminated residential properties often have great difficulty selling them due to real or perceived health threats associated with said contamination. However, if Assembly Bill No 1921 is enacted into law, owners of residential property contaminated with volatile organic compounds (VOCs) may be able to demand […]

Author: Daniel T. McKillop

August 15, 2016

Ip Considerations: Why They Are Always Important

There are a number and variety of considerations to evaluate when it comes to intellectual property (“IP”) protections. On a base level, the core issues are what you want to protect and where you want to protect it. From that point, an attorney will want to consider what types of protections would provide the best […]

Author: Scarinci Hollenbeck, LLC

August 11, 2016

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