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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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Creating Effective Tax Reform Will Be Difficult

Creating effective tax reform in Washington will likely be difficult, as both the tax code – and the tax base – are complex. While many advocate creating effective tax reform, a wide range of businesses have sharply reduced their tax liabilities either by not repatriating their active income earned overseas or by harnessing tax breaks, […]

Author: Scarinci Hollenbeck, LLC

May 13, 2015

Should Your New Jersey Start-Up Ask Friends and Family for Funding?

Friends and family can be counted to provide lot of things — a ride to the airport, a warm meal, or a shoulder to cry on. But should they serve as initial investors in your New Jersey start-up? Many new ventures have difficulty securing loans or attracting venture capital funding in the early stages. When […]

Author: Dan Brecher

May 12, 2015

Corporate Income Tax Policy Deeply Flawed

U.S. corporate income tax policy is currently riddled with problems and in dire need of reform, Treasury Department official Mark Mazur stated during a lecture focused on current issues in taxation. Mazur, an assistant secretary for tax policy, emphasized the U.S. corporate income tax policy rate is high relative to other countries, and that this situation […]

Author: James F. McDonough

May 12, 2015

Sports Fanatic? Paths To Franchise Ownership

Owning a basketball is nice, but to some, owning a basketball team is even nicer. There are a number of ways to invest in professional or minor league sports franchises and attain franchise ownership. Before you consider franchise ownership, there’s a caveat: sports franchises frequently lose money despite the flashy contract numbers and huge television deals. This is a […]

Author: Scarinci Hollenbeck, LLC

May 11, 2015

Errors Causing Revel Casino's Downfall Brought To Light

Revel AC, Inc. recently filed a disclosure statement that revealed a string of errors that fueled Revel Casino’s Downfall. The property, which cost $2.4 billion to build, has filed for bankruptcy twice before ultimately being sold for $82 million. Not only was this sale price a fraction of its initial cost, Revel never turned a profit […]

Author: Joel R. Glucksman

May 11, 2015

NYC Employers Should Expect Tougher Enforcement of Human Rights Law

Employers may want to double down their compliance efforts with regard to the New York City Human Rights Law. Mayor Bill DiBlasio recently signed two bills that will likely lead to increased enforcement. As employers should be aware, New York City’s expansive Human Rights Law prohibits discrimination in employment, housing, and public accommodations based on […]

Author: Scarinci Hollenbeck, LLC

May 8, 2015

Comply Officer Awarded $1 Million Whistleblower Award

The Securities and Exchange Commission (SEC) recently announced the whistleblower award. An award that will give more than $1 million dollars to a compliance officer who provided information resulted in an enforcement action against the whistleblower’s employer. The whistleblower award reinforces that the SEC’s program continues to play a vital role in the agency’s ability […]

Author: Kenneth C. Oh

May 7, 2015

NYDFS Surveys Reveals Cybersecurity Vulnerabilities

While many U.S. companies beef up their cybersecurity measures, studies show little attention is being paid to requiring their business partners to do the same. As a result, it becomes easier for hackers to simply slip in through the third-party-vendor back door. The New York State Department of Financial Services (NYDFS) recently released the results […]

Author: Scarinci Hollenbeck, LLC

May 5, 2015

NFL Agent Gets Rookies into NFL Mini Camps

Partner Anthony R. Caruso has Successful First Year Back as NFL Agent New York, NY – May 5, 2015 – NFL Agent Anthony R. Caruso, Esq., has announced that three (3) recent college graduate players under his representation have committed to NFL rookie minicamps this weekend. Josh Bordner from Boston College, Dominique Williams from Boston […]

Author: Scarinci Hollenbeck, LLC

May 5, 2015

Everyone Has An Opinion On Estate Tax Reform

Currently, just about everyone has an opinion on estate tax reform. A proposal to permanently repeal the federal estate tax has obtained approval in the U.S. House of Representatives, but there are many – including lawmakers, policy analysts and various kinds of experts – who have spoken their opinion on estate tax reform. Opponents of […]

Author: James F. McDonough

May 4, 2015

Scarinci Hollenbeck

NJ Court: Storm Surge Claims Not Subject to Insurance Policies’ Flood Limits

A New Jersey judge recently ruled that damage caused by Hurricane Sandy’s storm surge did not fall under the flood sublimits of Public Service Enterprise Group, Inc.’s (PSEG) insurance policies. The issue in Public Service Enterprise Group v. Ace Insurance was one of first impression in New Jersey. The Facts of the Case Hurricane Sandy’s […]

Author: Scarinci Hollenbeck, LLC

May 4, 2015

Some Differences In Tax Planning Between Jurisdictions

Despite a common language, there are differences in tax planning when it comes to the United Kingdom (UK) and the United States (US). The differences in tax planning are the direct result of a trends or a structural changes in tax law. Clearly, the trend is against the accumulation of wealth inside of trusts. Trusts […]

Author: James F. McDonough

May 1, 2015

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