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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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EEOC Publishes Updated Pregnancy Discrimination Guidance post image

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

Link to post with title - "EEOC Publishes Updated Pregnancy Discrimination Guidance"
Walmart Has Billions In Overseas Tax Havens. Time For International Tax Reform? post image

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

Link to post with title - "Walmart Has Billions In Overseas Tax Havens. Time For International Tax Reform?"
Detroit's Bankruptcy Directs To Major Pension Funding Crisis post image

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

Link to post with title - "Detroit's Bankruptcy Directs To Major Pension Funding Crisis"
Latest FCC Ruling Will Likely Fuel TCPA Class-Action Lawsuits post image

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

Link to post with title - "Latest FCC Ruling Will Likely Fuel TCPA Class-Action Lawsuits"
Danger in the Water: Regulators Turning Attention to Dark Pools post image

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

Link to post with title - "Danger in the Water: Regulators Turning Attention to Dark Pools"
Legendary Gunmaker Pulls the Trigger on Ch. 11 Bankruptcy Protection post image

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

Link to post with title - "Legendary Gunmaker Pulls the Trigger on Ch. 11 Bankruptcy Protection"
The Perils of Text Message Contract Negotiations post image

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

Link to post with title - "The Perils of Text Message Contract Negotiations"
What You Need to Know About the Gift Tax Exclusion & How to Potentially Avoid it post image

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

Link to post with title - "What You Need to Know About the Gift Tax Exclusion & How to Potentially Avoid it"
NJ Bankruptcy Court Approves Atlantic City Casino Liquidation post image

NJ Bankruptcy Court Approves Atlantic City Casino Liquidation

Last week, the U.S. Bankruptcy Court in Trenton, N.J. approved the casino liquidation plan for Revel AC Inc. in Atlantic City. The ruling resolves Revel’s long Chapter 11 case with a proposal that permits the casino to repay $45 million in debt for roughly $5 million. Revel’s long Chapter 11 case The long Chapter 11 […]

Author: Joel R. Glucksman

Link to post with title - "NJ Bankruptcy Court Approves Atlantic City Casino Liquidation"
Proposed SEC Clawback Rules to Cut Out Erroneous Compensation post image

Proposed SEC Clawback Rules to Cut Out Erroneous Compensation

Earlier this month, the Securities and Exchange Commission (SEC) proposed new rules that would require companies to adopt policies that require executive officers to pay back incentive-based compensation that they were awarded erroneously. These SEC clawback rules for executive compensation, which are required under Section 954 of the Dodd Frank Act, are intended to improve the quality […]

Author: Dan Brecher

Link to post with title - "Proposed SEC Clawback Rules to Cut Out Erroneous Compensation"
Largest Rare Earth Miner in the US Files for Bankruptcy post image

Largest Rare Earth Miner in the US Files for Bankruptcy

Molycorp, Inc. which is the largest rare Earth miner in the US, is filing for bankruptcy, as they have recently announced plans to file for Chapter 11 to reduce their $1.7 billion debt, according to a WSJ report. The filing is significant because Molycorp Inc. is the only source of rare earth metals in North America and […]

Author: Joel R. Glucksman

Link to post with title - "Largest Rare Earth Miner in the US Files for Bankruptcy"
It's Time for a Film Financing Revolution with New SEC Rule post image

It's Time for a Film Financing Revolution with New SEC Rule

With the Securities and Exchange Commission’s new securities registration process, film financing may never be the same. The SEC’s recent exemption, called “Reg A ,” will give filmmakers a new way to offer securities. Though the regulation wasn’t intended to control crowdfunding websites specifically, it will offer filmmakers and investors new ways to use them. For some time, […]

Author: Scarinci Hollenbeck, LLC

Link to post with title - "It's Time for a Film Financing Revolution with New SEC Rule"

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