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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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What if you could ask James Madison and Alexander Hamilton a Question?

“Madison, Hamilton and the Constitutional Revolution,” a special presentation by the New Jersey Institute of Continuing Legal Education (NJICLE) will provide a forum for New Jersey lawyers to speak to the founders themselves. It will be held on Monday, December 21 at the Law Center in New Brunswick for 3.3 CLE credits to those lawyers […]

Author: Scarinci Hollenbeck, LLC

December 14, 2015

Scarinci Hollenbeck

NJ Defines Corporate Business Nexus Guidelines

Corporate business nexus guidelines The recent Technical Bulletin issued by the New Jersey Division of Taxation established a final set of guidelines for activities that subject a company to the corporate business nexus tax. These guidelines include a detailed description of activities that are outside the protection of Public Law 86-272 for in-state companies, according […]

Author: Frank L. Brunetti

December 11, 2015

A New Federal Trade Secrets Law for the New Year?

A New Federal Trade Secrets Law for the New Year? Earlier this month, the U.S. Senate Judiciary Committee considered an important piece of intellectual property legislation. The Defend Trade Secrets Act (DTSA) aims to modernize and streamline the country’s trade secret laws by creating a federal claim for trade secret misappropriation. Senators Orrin Hatch (R-UT) […]

Author: Fred D. Zemel

December 11, 2015

Scarinci Hollenbeck

Karmaloop files for Chapter 7 bankruptcy protection

Karmaloop Inc. files Chapter 7 Karmaloop Inc., the major web-based streetwear retailer headquartered in Boston, recently announced that it had received approval from the Bankruptcy Court to convert its Chapter 11 bankruptcy case to a Chapter 7 liquidation proceeding. According to a Law 360 report, the company will now face the liquidation of all its remaining […]

Author: Joel R. Glucksman

December 11, 2015

Let's Make Sense of Holiday Tipping

During the holiday season, many of us like to say “thank you” to the professionals who provide services throughout the year. Examples include day car providers, mail carriers, delivery people, housecleaners, barbers, hairdressers, and doormen. While it is rewarding to spread holiday cheer, tipping/gifting can also be stressful when it comes to determining who to […]

Author: Dan Brecher

December 10, 2015

The Wyndham Data Breach Settlement Shakes Up Privacy Law

The Federal Trade Commission (FTC) made waves when it announced earlier this week that it reached a proposed settlement with Wyndham Worldwide Corporation (Wyndham). The agency’s enforcement action against Wyndham alleged that the company’s lax data security practices resulted in three separate consumer data breaches. In defending the suit,Wyndham unsuccessfully challenged the FTC’s authority to […]

Author: Fernando M. Pinguelo

December 10, 2015

IRS Warns: Offshore Account Penalties are on the Rise

Increase of offshore account penalties The IRS recently warned that the agency has collected $8 billion in taxes and fines collected from offshore bank account penalties which were a result of not conforming to the Foreign Account Tax Compliance Act. According to a report by Forbes contributor and tax lawyer Robert Wood, the IRS has begun to […]

Author: James F. McDonough

December 10, 2015

The Basics of a Consulting Contract

What makes up a consulting contract? Like other agreements, consulting contracts are composed of numerous provisions, all of which should be respected. Rejection of even one clause of a consulting agreement could result in a lawsuit. For example, Lee Gabler, a former co-chairman of CAA, is suing “The Late Show With David Letterman” producer Worldwide […]

Author: Anthony R. Caruso

December 10, 2015

Taking a Look at Dead Money

What is dead money? Once an NFL player signs a contract, the team he agreed with cannot release him down the road in an effort to save money. Instead, if the organization does cut the individual, it will have to satisfy the remaining terms of the contract with “dead” money. Dead money comes up often […]

Author: Anthony R. Caruso

December 9, 2015

Taylor-Wharton International LLC files for Chapter 11 Bankruptcy Protection

Taylor-Wharton files Chapter 11 Taylor-Wharton International LLC, a major designer and manufacturer of cryogenic equipment, announced that it had filed for Chapter 11 bankruptcy protection. According to a Law 360 report, the company plans to hold an asset auction sale with Haier Medical and Laboratory Products USA Inc. serving as the stalking horse bidders for […]

Author: Joel R. Glucksman

December 9, 2015

New Rules To Facilitate Intrastate and Regional Securities Offerings

Securities and Exchange Commission Seeks to Facilitate Intrastate and Regional Securities Offerings When the Securities and Exchange Commission (SEC) announced its finalized crowdfunding regulations in October, it also proposed additional rule amendments that would further help small businesses raise capital. The SEC’s proposal would amend existing securities rules to facilitate intrastate and regional securities offerings. […]

Author: Kenneth C. Oh

December 8, 2015

Business Bankruptcy Filings Increase By Nearly One Third

Epiq Systems, Inc., a provider of managed technology for law firms, advises that total business bankruptcy filings in the United States have increased by 5% on a year-on-year basis, to a total of 65,511. However, while consumer bankruptcy filings were up 5%, business Chapter 11 filings were up 30% on the same basis, from 298 […]

Author: Joel R. Glucksman

December 8, 2015

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