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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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NJ Division of Taxation Defines Nexus Guidelines

The NJ Division of Taxation establishes these guidelines for Corporate Business Tax. The recent Technical Bulletin issued by the NJ Division of Taxation established a final set of nexus guidelines for activities that subject a company to the corporate business tax. These new nexus guidelines include a detailed description of activities that are outside the […]

Author: Frank L. Brunetti

September 9, 2015

Bunker Fuel Supplier Files for Chapter 11 Bankruptcy Protection

On Aug. 28, Bunkers International Corp., one of the largest suppliers of bunker fuel in the world, announced that it had filed for Chapter 11 bankruptcy protection. The bunker fuel supplier company was forced to seek bankruptcy protection after its primary lender terminated its lending agreement. Bunkers International loses primary lender, becomes insolvent The global bunker […]

Author: Joel R. Glucksman

September 9, 2015

Survey Reveals Many Business Executives Lack Cybersecurity Confidence

Do you lack cybersecurity confidence? Don’t worry many Business Executives don’t understand cybersecurity confidence. As cyber threats against U.S. businesses continue to grow, most companies have increased their investment in cybersecurity. However, according to a new survey, a number of high-level business executives revealed they did not possess much cybersecurity confidence. The March 2015 survey polled […]

Author: Fernando M. Pinguelo

September 8, 2015

Scarinci Hollenbeck

In the NFL, No Dice on Double Jeopardy

In the legal world, a concept exists that prevents the prosecution of a person twice for the same offense. In the wake of Judge Richard Berman’s ruling on the now infamous Deflategate scandal, it is important to understand that in the NFL double jeopardy – as the concept is called – is virtually nonexistent. What […]

Author: Anthony R. Caruso

September 8, 2015

Chapter 9 Bankruptcy Protection Is The Verdict For Hillview, Kentucky

On August 20, the town of Hillview, Kentucky announced that it had filed for Chapter 9 bankruptcy protection, according to the Louisville Courier-Journal. In court documents, the town noted that it had sought bankruptcy protection following an $11.4 million jury verdict, which was approximately four times the town’s budget. Hillview’s legal dispute lands them in […]

Author: Joel R. Glucksman

September 7, 2015

NJ Appeals Court: Real Estate Disclosure by Agent Required for Tragic Elevator Accident

A New Jersey appeals court recently clarified the circumstances under which New Jersey real estate disclosure is required for a property’s tragic past. In Petrosino v. Ventrice A New Jersey appeals court recently clarified the circumstances under which New Jersey real estate disclosure is required for a property’s tragic past. In Petrosino v. Ventrice, the […]

Author: Victor E. Kinon

September 7, 2015

Major Coal Producer, Alpha Natural Resources, Files for Chapter 11

Last week, Alpha Natural Resources, one of the largest U.S. coal producers, announced plans to file for Chapter 11 bankruptcy protection, according to the Wall Street Journal. In court papers, the coal producer announced that it is entering Chapter 11 bankruptcy protection to cut its debt load, currently listed at $7.1 billion. Alpha Natural Resources falls […]

Author: Joel R. Glucksman

September 4, 2015

Tax Court Overturns IRS Cost-Sharing Regulation

The U.S. Tax Court recently issued a surprising decision that invalidated the part of an IRS cost-sharing regulation – under code section 482 – which states that taxpayers are required to take the costs of stock-based compensation into account. The decision regarding the cost-sharing regulation supports taxpayer criticism that questioned the regulatory requirement that cost-based transfer […]

Author: James F. McDonough

September 3, 2015

Why do NFL Players Love to Hate the Franchise Tag?

The NFL is cyclical. Each year the same issues arise over and over again…including the franchise tag. The franchise tag is a designation used by teams to navigate the salary cap. The tag isn’t particularly well-liked by players. The contractual devices allow teams to keep unrestricted free agents with them for an additional year, which can […]

Author: Anthony R. Caruso

September 3, 2015

Sports Attorney Appointed to Trinity Sports Advisory Board

Trinity Sports Appoints Sports Agent and Lawyer Anthony R. Caruso to Advisory Board New York, NY – September 3, 2015 – Attorney and NFL Agent Anthony R. Caruso, Esq., has accepted an invitation to serve on the Advisory Board of Trinity Financial Sports and Entertainment Management Company. Caruso joins an extraordinary team of people offering […]

Author: Scarinci Hollenbeck, LLC

September 3, 2015

Superstorm Sandy Suit Settlements

With the three-year anniversary of Superstorm Sandy approaching, nearly 73 percent of storm-related lawsuits have been settled. Although big-dollar claims may still be brought by policy-holders who previously attempted to negotiate out of court, the extra judicial attention given to claims by the state court has helped to move cases along. Based on instructions by […]

Author: Scarinci Hollenbeck, LLC

September 2, 2015

NJ Family School Partnership Act: Parents May Be Given Leave To Attend School Activities

The first few weeks of the new school year can be stressful for children and their parents with all the school activities going on, as everyone adjusts to new schedules and routines. In New Jersey, lawmakers are currently considering legislation, the New Jersey Family-School Partnership Act, that would require many employers to allow their workers […]

Author: Jorge R. de Armas

September 2, 2015

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