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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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Mental Illness in the Workplace Is Now Being Addressed

Mental illness in the workplace can be a difficult subject for both employers and employees, but the Germanwings tragedy makes it clear that this should be a necessary discussion. Approximately 25 percent of Americans suffer from mental illness in any given year, according to the National Alliance on Mental Illness. Yet, it is easy to […]

Author: Scarinci Hollenbeck, LLC

July 23, 2015

Is Legal Red Tape Interfering With Your Business?

If legal red tape is interfering with your business, you are not alone. A new survey reveals that the current regulatory environment is making it more difficult to conduct business. The “2015 Corporate General Counsel Survey” polled more than 250 in-house counsel who work in a wide range of industries. The survey specifically sought views […]

Author: Scarinci Hollenbeck, LLC

July 22, 2015

Salus Capital Partners Pushes For RadioShack To Switch to Chapter 7 Bankruptcy

Last week Radioshack’s prepetition lender Salus Capital Partners pushed for the electronics chain to convert its Chapter 11 bankruptcy case to Chapter 7. The Wall Street Journal reported that the move would threaten the chances for Radioshack to emerge as a standalone business after bankruptcy proceedings. Chapter 11 fees mounting As it calculates the likely results […]

Author: Joel R. Glucksman

July 22, 2015

Is it Better to Place the NFL Holdout on Hold or Stick it Out?

The NFL’s mandatory training camps are approaching, and though players are required to attend, some teams will almost certainly face what is known as a holdout – when a player declines to attend compulsory activities, sometimes due to issues with his contract. However, before a player decides to holdout, he should consider the consequences with […]

Author: Scarinci Hollenbeck, LLC

July 21, 2015

EEOC Publishes Updated Pregnancy Discrimination Guidance

In the wake of the U.S. Supreme Court’s ruling in in Young v. United Parcel Service, Inc., the Equal Employment Opportunity Commission (EEOC) has published updated pregnancy discrimination guidance. The latest Enforcement Guidance supersedes the Enforcement Guidance on Pregnancy Discrimination and Related Issues issued by the agency on July 14, 2014. In March, the Supreme […]

Author: Scarinci Hollenbeck, LLC

July 21, 2015

Walmart Has Billions In Overseas Tax Havens. Time For International Tax Reform?

According to a Forbes report last week, Walmart has $76 billion in foreign tax havens. The report claimed that the world’s largest retail chain has 78 subsidiaries in 15 overseas tax havens where the company has no store locations. Walmart’s hidden assets The report claimed that Walmart is effectively avoiding U.S. corporate taxes on overseas […]

Author: James F. McDonough

July 21, 2015

Detroit's Bankruptcy Directs To Major Pension Funding Crisis

After the largest municipal bankruptcy filing in U.S. history, the Detroit government is struggling for a solution to make payments on what is consdiered a major pension funding crisis. While the $18 billion debt sent the city into a free fall to insolvency, there is now a growing concern about unfunded pensions for retirees and […]

Author: Joel R. Glucksman

July 20, 2015

Latest FCC Ruling Will Likely Fuel TCPA Class-Action Lawsuits

On July 10, 2015, the Federal Communications Commission (FCC) released its much-anticipated Telephone Consumer Protection Act (TCPA) Omnibus Declaratory Ruling. The FCC’s broad interpretation of the TCPA is likely to further fuel the growing trend of class-action litigation against unsuspecting businesses. The TCPA prohibits the use of “any telephone facsimile machine, computer, or other device to […]

Author: Robert E. Levy

July 20, 2015

Danger in the Water: Regulators Turning Attention to Dark Pools

Securities regulators are increasingly turning their attention to dark pools, which are far less regulated than traditional exchanges. The European Union’s (EU) new rules will take effect in 2017, and the Securities and Exchange Commission (SEC) proposed its own rules earlier this year. Dark pools are private, alternative trading systems (ATS) in which participants can […]

Author: Dan Brecher

July 17, 2015

Legendary Gunmaker Pulls the Trigger on Ch. 11 Bankruptcy Protection

Colt Defense LLC, a legendary gunmaker and one of the oldest gunmakers in the world, filed for Chapter 11 bankruptcy protection recently to cut its $500 million debt, according to Bloomberg Business. The filing comes after Colt lost key U.S. and foreign military contracts as well as years of dropping demand for firearms at the consumer […]

Author: Joel R. Glucksman

July 17, 2015

The Perils of Text Message Contract Negotiations

With the explosion of smart phones, contract negotiation is no longer confined to business letters, telephone conversations, or even emails. However, are text message contract negotiations the way to go? For busy business professionals, text message contract negotiations between partners is becoming increasingly common. Unfortunately, it is not the most legally sound way to negotiate a […]

Author: Dan Brecher

July 15, 2015

What You Need to Know About the Gift Tax Exclusion & How to Potentially Avoid it

Currently, the gift tax exclusion threshold is $14,000, but most high net worth individuals will probably never pay the tax, according to the Motley Fool. This is due to the fact that even if individuals exceed the $14,000 limit, they will most likely only need to file a gift tax return and apply part of […]

Author: James F. McDonough

July 15, 2015

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