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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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New York Passes "Big Ugly" Property Tax Rebate Bill. Do You Qualify?

Property Tax Rebate Governor Andrew Cuomo recently announced that the “Big Ugly” $1.3 billion rebate check program will be installed to offset New York state property taxes. In accordance with the legislation, 2.5 million homeowners that make under $500,000 will receive a property tax rebate check for $185 this year. The bill According to the […]

Author: Scarinci Hollenbeck, LLC

August 11, 2015

EEOC Ruling: Title VII Bans Sexual Orientation Employment Discrimination

In a novel ruling, the Equal Employment Opportunity Commission (EEOC) recently held that Title VII of the Civil Rights Act of 1964 prohibits sexual orientation employment discrimination in the workplace. The ruling comes on the heels of the Supreme Court’s historic decision in Obergefell v. Hodges. Now that same-sex couples have won the right to […]

Author: Scarinci Hollenbeck, LLC

August 11, 2015

Industrial Laundry Giant, Coyne Textile, Seeks Bankruptcy Protection

Last week, Coyne International Enterprises Corp., one of the largest privately-owned industrial laundry companies in the U.S., announced plans to file for Chapter 11 bankruptcy protection. The company, also known as Coyne Textile, is seeking to restructure its balance sheet and complete sales of its three primary operating units. Coyne Textile falls into debt Coyne Textile […]

Author: Joel R. Glucksman

August 10, 2015

Chamber of Commerce Calls for SEC Enforcement Reforms

In a recently published report, the U.S. Chamber of Commerce called for several significant changes to the Securities and Exchange Commission’s or SEC enforcement policies and procedures. “The recommendations in this report are designed to further strengthen the SEC enforcement program’s ability to detect and deter fraud while also ensuring honest market participants benefit from […]

Author: Dan Brecher

August 10, 2015

Scarinci Hollenbeck

SEC Finalizes CEO Pay Ratio Disclosure Rules

The Democrat appointees to the Securities and Exchange Commission (SEC), by a 3-2 majority vote, recently finalized the SEC’s controversial pay ratio rule. Mandated under the Dodd-Frank Act, the new disclosures will require companies to reveal how their chief executive officers’ compensation compares to their workforce at large. The SEC pay ratio rule attracted more […]

Author: Dan Brecher

August 7, 2015

Scarinci Hollenbeck

Help From the Hand That Feeds: Music Supervisors on Film and TV Placement

ASCAP recently partnered with the Guild of Music Supervisors to offer advice to musicians on getting their songs tv placement as well as in movie soundtracks – an important source of income for many artists who may not make the sort of money that people like Jay-Z or Katy Perry do. The nine music supervisors who offered […]

Author: Scarinci Hollenbeck, LLC

August 7, 2015

IRS to Cancel Common ERISA Pension Plan De-risking Strategy

Last week, the Internal Revenue Service issued a notice to announce that it will prohibit a cash-out window for Employee Retirement Income Security Act pension plans. The amendment to the ERISA pension plan de-risking strategy will prevent lump sum payments in lieu of remaining annuity payments. The new ERISA de-risking strategy The IRS announced in Notice […]

Author: James F. McDonough

August 7, 2015

NJ Appeals Court: Continued Employment Created Arbitration Consent

A New Jersey appeals court recently held that three former employees of Ernst & Young assented to arbitration by continuing their employment after the company amended its employee policy governing alternative dispute resolution (ADR). A New Jersey appeals court recently held that three former employees of Ernst & Young assented to arbitration by continuing their […]

Author: Robert E. Levy

August 6, 2015

What Can and Cannot Be Negotiated in NFL Rookie Contracts

Since the latest collective bargaining agreement, NFL rookie contracts have become very standardized. There’s very little negotiating left for agents to do. However, there are still discussions to be had and slight variations depending on where a player is drafted. Here is an explanation of the NFL rookie contract as well as the negotiating agents […]

Author: Scarinci Hollenbeck, LLC

August 5, 2015

NY Law Makes Businesses Held Accountable for Tax Breaks

Last week, New York state legislators passed a bill that makes businesses held accountable for tax incentives if they do not meet job creation goals. The bill is a significant development because the state tax incentives totaled $554 million last year, a nine percent increase over 2013. The new deal The new law is expected […]

Author: Scarinci Hollenbeck, LLC

August 5, 2015

Grocery Chain A&P Filed for Bankruptcy. Again.

As one of the oldest grocery store chains in the US, as well as having NJ roots, you may be sad to hear that A&P filed for bankruptcy. The chain recently filed for Chapter 11 bankruptcy protection. According to Wall Street Journal, A&P has planned for a series of sales to competitors after it claimed […]

Author: Joel R. Glucksman

August 4, 2015

F-Squared Filing for Bankruptcy

Last week, F-Squared, one of the fastest growing investment firms in the U.S. Last week, F-Squared, one of the fastest growing investment firms in the U.S., announced plans to file for Chapter 11 bankruptcy protection. The announcement of F-Squared filing for bankruptcy came several months after settling a $35 million fraud charge for reporting false performance […]

Author: Joel R. Glucksman

August 4, 2015

Scarinci Hollenbeck

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