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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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Chief Compliance Officers Now Targeted For Data Breaches post image

Chief Compliance Officers Now Targeted For Data Breaches

The Securities and Exchange Commission (SEC) has made it clear that cybersecurity is a top priority. In a series of recent speeches, officials have focused attention on chief compliance officers and emphasized that chief compliance officers may be in the agency’s crosshairs when breaches occur. The SEC announced that it plans to conduct a second […]

Author: Fernando M. Pinguelo

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The IRS Issues Notice on Cadillac tax post image

The IRS Issues Notice on Cadillac tax

Introducing the Cadillac tax On July 31, the IRS and the Treasury issued Notice 2015-52 that explained all the potential issues and approaches of the proposed Cadillac tax regulations, according to the National Law Review. The Cadillac tax requires compliance from employers and thus, Notice 2015-52 calls for business owners to begin planning for the […]

Author: James F. McDonough

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When is an Artist Manager Managing Too Much? post image

When is an Artist Manager Managing Too Much?

What is the role of an artist manager? Two recent lawsuits highlighted dramatic portrayals of managers who may be described as somewhat imposing, which raises the question: What is the role of an artist manager in the music industry? According to the biopics “Straight Outta Compton” and “CrazySexyCool: The TLC Story,” at least, an artist […]

Author: Anthony R. Caruso

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NCAA Ban On Athletes Engaging In Fantasy Sports post image

NCAA Ban On Athletes Engaging In Fantasy Sports

If you have spent any time near a television this fall, you could not have missed an advertisement for FanDuel or DraftKings. These fantasy sports conglomerates have spent an estimated $100 million in advertising this season. Their most obvious appeal to fans is the lucrative cash prizes that they offer. In fact, FanDuel’s prize payouts […]

Author: Crystal M. Prais

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City Sports Files for Chapter 11 Bankruptcy Protection post image

City Sports Files for Chapter 11 Bankruptcy Protection

City Sports files Chapter 11 On Oct. 5, City Sports, a Boston-based athletic gear retailer, announced that it had filed for Chapter 11 bankruptcy protection. According to the Wall Street Journal, City Sports plans to liquidate eight of its 26 remaining store locations. City Sports falls into debt The 32-year old company has recently fallen […]

Author: Joel R. Glucksman

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(Client) SEC Focuses on Cybersecurity Weaknesses post image

(Client) SEC Focuses on Cybersecurity Weaknesses

SEC Focuses on Cybersecurity Weaknesses and Enforces Rule 30(a) of Regulation S-P (“Safeguards Rule”) against Investment Adviser On Sept 22, 2015, the SEC announced its settlement of an administrative cease-and-desist proceeding through imposition of remedial sanctions against R.T. Jones Capital Equities Management, Inc., an SEC-registered investment adviser.[1] This is the first enforcement matter establishing a willful […]

Author: Scarinci Hollenbeck, LLC

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The Quantum Computer and the Obsolescence of Current Encryption post image

The Quantum Computer and the Obsolescence of Current Encryption

The largest threat to the overwhelming majority of cybersecurity methods is the quantum computer. Mostly theoretical, with a few incomplete working models, the quantum computer is the next leap in computer technology. Although an aeon in technology, a fully operational model will be available within the decade. Its arrival will be the moment that all […]

Author: Kurt M. Watkins

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The Non-Football Injury List and Compensation (Or Lack Thereof) post image

The Non-Football Injury List and Compensation (Or Lack Thereof)

The NFL player & a non-football injury One thing a football player must do to ensure the paychecks keep coming is to stay healthy off the field. A non-football injury could substantially impact salary. Sometimes people get hurt, but when football players get injured off the field, the consequences can be more than just inconvenience […]

Author: Anthony R. Caruso

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Star Group Communications & Chapter 7 Bankruptcy Protection post image

Star Group Communications & Chapter 7 Bankruptcy Protection

Choppy waters for Star Group Communications Star Group Communications, the largest female-owned marketing agency in the U.S., announced recently that its creditors are seeking to force the company into Chapter 7 bankruptcy protection. According to the Philadelphia Business Journal, the New Jersey-based company had closed down after 30 years of operation. Star Group’s creditors pushed […]

Author: Joel R. Glucksman

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Examining the Audit Technique Guide post image

Examining the Audit Technique Guide

The IRS’ Audit Technique Guide The Internal Revenue Service prepares Audit Technique Guide (ATG) to address over 50 industries or topics for their examiners. The Non-Qualified Deferred Compensation Audit Technique Guide was designed to address common issues relevant to non-qualified plans. The ATG divides such plans into four groups: Salary Reduction Arrangements, Bonus Deferral Arrangements, Top-Hat […]

Author: James F. McDonough

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NJICLE Seminar Back by Popular Demand post image

NJICLE Seminar Back by Popular Demand

Donald Scarinci returns to moderate one of the most popular and successful NJICLE seminars John Adams, Thomas Jefferson and the American Dialog Following a sellout that culminated with a standing ovation at the New Jersey Law Center in June, The Institute for Continuing Legal Education is offering two encore presentations (for 3 CLE credits) of […]

Author: Scarinci Hollenbeck, LLC

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NJ Senator Proposes Bill with Tax Cut for Top Earners post image

NJ Senator Proposes Bill with Tax Cut for Top Earners

A recent bill proposed by New Jersey Sen. Joseph Pennacchio, R-Morris, would provide a 1 percent tax credit for high net worth individuals earning over $500,000 annually. The goal of the bill is to stimulate the state’s economy and attract small businesses and multinational corporations and prevent state-to-state migration of the top earners in New Jersey. […]

Author: James F. McDonough

Link to post with title - "NJ Senator Proposes Bill with Tax Cut for Top Earners"

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