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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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Changes Coming to New Jersey’s Marital Communication Privilege

The New Jersey Senate is poised to adopt a crime-fraud exception to the marital communication privilege. Under the proposed legislation, the marital communication privilege that typically applies to spouses or civil union partners would be unavailable “if the communication relates to an ongoing or future crime or fraud in which the spouses or partners were […]

Author: Joel N. Kreizman

June 22, 2015

Scarinci Hollenbeck

The Benefits of Performance Bonuses in NFL contracts

Performance bonuses are included in many sports contracts, and are given out for fantastic feats of athleticism, such as reaching touchdown milestones or for making one of the NBA All-Defense teams. By fulfilling these performance bonuses, athletes can earn millions more than their base contracts would otherwise indicate, making them an attractive option in their contract. For example, […]

Author: Scarinci Hollenbeck, LLC

June 22, 2015

Equity Crowdfunding Goes Local With Adoption of State Regulations

Twenty-two states and the District of Columbia have now legalized some form of equity crowdfunding at the local level. Many more, including New Jersey, have proposed legislation that would allow entrepreneurs to solicit financing from “everyday” investors, otherwise known as the “crowd.” Equity crowdfunding was supposed to be a centerpiece of the Jumpstart Our Businesses […]

Author: Dan Brecher

June 19, 2015

Bankruptcy Deadline Approaching For Caesars Entertainment Operating Co. Inc

Caesars Entertainment Operating Co. Inc has 6 more months for bankruptcy plan. Caesars Entertainment Operating Co. Inc., the operating unit of Caesars Entertainment Corp., recently received another six months to draw up a proposed plan of reorganization to cut its debt. This will extend its “exclusivity period” – the time when only it can propose […]

Author: Joel R. Glucksman

June 19, 2015

Bankruptcy Protection

Don’t Get Schooled This Summer: Internship Compliance Tips

As schools let out for summer, internship season is upon us. While internship programs can benefit both students and businesses, the failure to ensure compliance with state and federal laws can lead to costly legal headaches. Compliance with the Fair Labor Standards Act (FLSA) is still important, but it is not the only compliance concern […]

Author: Scarinci Hollenbeck, LLC

June 18, 2015

Physical Activity Clauses Can Void Athlete Contracts

Could a Ski Vacation Really Void an Athlete’s Contract? In all four major sports leagues in the U.S., player contracts often include physical activity clauses that explain which activities athletes are restricted from engaging in to prevent off-field injuries. These physical activity clauses were brought into focus during the most recent NFL season, when New England Patriots player […]

Author: Scarinci Hollenbeck, LLC

June 18, 2015

US Corporate Income Tax Policy Isn't That Bad

Don’t Believe the Negative Hype Regarding US Corporate Income Tax Policy The US corporate income tax policy is less stringent than its opponents contend, according to a recent New York Times opinion piece written by economic expert Josh Barro. Some have claimed that the US Corporate Income Tax Policy levies a tax on all the […]

Author: Scarinci Hollenbeck, LLC

June 18, 2015

The Supreme Court Recently Made A Decision On Religious Discrimination In The Workplace

In Equal Employment Opportunity Commission v. Abercrombie & Fitch Stores, Inc., the Supreme Court made it easier for employees to prove religious discrimination in the workplace. The case specifically addressed when businesses must make accommodations from their dress codes to avoid religious discrimination in the workplace. The Facts of the Case As we have previously […]

Author: Joel N. Kreizman

June 17, 2015

Judges Rule On Nortel Networks Bankruptcy Case

Judges in the U.S. and Canada recently ruled on the bankruptcy proceedings of Nortel Networks, providing some clarity in a saga that has lasted since 2009 when the telecommunications giant filed for protection from creditors. In that time, several courts have considered the fate of Nortel Networks assets, causing fees of more than $1 billion […]

Author: Joel R. Glucksman

June 17, 2015

Puerto Rico Electric Power Authority Gets Two Week Extension

Bloomberg Business is reporting that the Puerto Rico Electric Power Authority (“PREPA”) has obtained a two-week extension from its creditors, so that it can attempt to sort out its finances. The extension runs through June 18, so that PREPA can continue talks with bond holders and banks. The agency has approximately $9 billion of outstanding […]

Author: Joel R. Glucksman

June 16, 2015

Scarinci Hollenbeck

Monsanto's Proposed Tax Inversion Plan

U.S.-based agrochemical giant Monsanto Co. is currently negotiating a $45 billion buyout proposal of rival Syngenta as a tax inversion strategy to relocate to the UK, according to the Financial Times. If Monsanto’s proposed tax inversion plan is accepted, this would mark the largest tax inversion in U.S. history with estimated annual savings close to $500 million. […]

Author: James F. McDonough

June 16, 2015

Scarinci Hollenbeck

4 Essential Tips for Organizing a Music Festival

Organizing a music festival isn’t as simple as setting up a stage and amplifiers in the closest park. A venture such as this, is a business – and like any other – it requires plenty of attention and step-by-step planning to pull off effectively. As the music industry model changes, festivals remain one way that hundreds, […]

Author: Scarinci Hollenbeck, LLC

June 16, 2015

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