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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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Court Approves Sale of Kodak's Digital Patents, Eastman Business Park Utilities

2013: The Year Kodak emerges from Bankruptcy Protection? The Eastman Kodak Co. is a step closer to emerging from Chapter 11 bankruptcy protection in mid-2013 after a U.S. court approved the long-awaited sale of its digital imaging patents. United States Bankruptcy Judge Allan Gropper approved the $527 million purchase of Eastman Kodak Co.’s digital imaging […]

Author: Joel R. Glucksman

January 25, 2013

Atari Inc. Files for Chapter 11 Bankruptcy Protection

Filing for Bankruptcy Protection The U.S. arm of video game maker Atari filed for Chapter 11 bankruptcy protection under bankruptcy law in a U.S. Bankruptcy Court in New York. The popular game maker along with three of its affiliates filed for protection in an effort to distance itself from its French parent and find a […]

Author: Joel R. Glucksman

January 24, 2013

Chapter 11

Lawmakers Looking To Change Shareholders’ Derivative Suits

Lawmakers Poised to Raise the Bar for New Jersey Shareholders’ Derivative Suits Lawmakers in New Jersey are looking to create legislation that would make it more difficult to bring derivative suits by corporate shareholders could soon become a reality. The measure has been approved by the New Jersey Assembly and is quickly making its way […]

Author: Scarinci Hollenbeck, LLC

January 24, 2013

New Jersey Business Regulations

Warner Bros. Wins Superman Copyright Lawsuit

Winner in Copyright Lawsuit Warner Bros. emerged as the winner in a copyright lawsuit that has been going on for years regarding copyrights the Superman franchise. The Ninth Circuit Court of Appeals overruled a 2008 lower court decision, which gave Superman co-creator Jerome Siegel’s estate the go-ahead to recapture rights to the Superman saga. The battle […]

Author: Anthony R. Caruso

January 23, 2013

Farmers Race to Transfer Assets Before Estate Tax Increases

Estate Tax Increase puts U.S. Farmers at Risk Family-owned businesses and high-net worth individuals are bracing for a potential hike in federal estate taxes, but U.S. farmers are an overlooked segment that are expected to be particularly impacted by this scenario. If lawmakers choose not to reinstate the Bush tax cuts, federal estate tax rates […]

Author: Scarinci Hollenbeck, LLC

January 23, 2013

U.S. Supreme Court Reminds State Courts to Follow Federal Arbitration Act

In one of its first business law opinions of the current term, the U.S. Supreme Court reminded state courts that they have an obligation to follow the Federal Arbitration Act. The Court’s per curium opinion in Nitro-Lift Technologies v. Howardhighlights that the FAA is the law of the land, even though state courts may disfavor […]

Author: Scarinci Hollenbeck, LLC

January 23, 2013

Colony to Take Over as LodgeNet Files for Bankruptcy

Filing for Bankruptcy A company that provides video and internet services to hotels and health sectors has filed for protection under bankruptcy law, and plans to hand over the reins to another business. LodgeNet Interactive Corp. filed for Chapter 11 protection following an agreement with Colony Capital, in which the latter will provide $60 million […]

Author: Joel R. Glucksman

January 22, 2013

Chapter 11

NJ Appeals Court Holds New Jersey Businesses May Be Liable for Off-Site Injuries

The Appellate Division recently held that New Jersey businesses could be held liable for injuries that occur on surrounding property, even if it is owned and maintained by another party. In Nielsen v. Wal-Mart Store #2171, A-2790-11, a pest control worker was injured when he allegedly fell on loose gravel as he walked around the […]

Author: Donald M. Pepe

January 22, 2013

Alicia Keys Faces Copyright Lawsuit

Under Fire Over Copyright Lawsuit Alicia Keys is known for her soulful vocals and inspiring lyrics, but her latest hit “Girl on Fire” is now the subject of a copyright lawsuit. The 31-year-old R&B singer is facing a copyright infringement lawsuit from songwriter Earl Shuman, who argues that Keys unlawfully used lyrics from a 1969 […]

Author: Anthony R. Caruso

January 21, 2013

Court Reverses Ernst & Young Tax Decision

Reversal of Tax Decision Two former Ernst & Young attorneys won a reversal of a tax decision that convicted them of developing illegal tax shelters from 1999 to 2001. By a 2-1 vote, a panel of the 2nd U.S. Circuit Court of Appeals in New York overturned a decision that convicted Martin Nissenbaum and Richard Shapiro […]

Author: James F. McDonough

January 21, 2013

Manti Te'o: Hoax Victim or Manipulator?

Few sports stories are as inspirational and compelling as the one of Notre Dame linebacker and 2012 Heisman Trophy runner-up Manti Te’o. After learning about the deaths of his grandmother and girlfriend in a six-hour span in September, he still managed to lead his team against the favored Michigan State in a 20-3 victory that […]

Author: Anthony R. Caruso

January 18, 2013

REIT Investments Spike Due to Relaxation of Tax Rules

Relaxation of REIT Tax Rules More investors have begun incorporating real estate investments trust into their portfolios as the Internal Revenue Service takes a more relaxed stance on how REITs are structured for tax purposes. More investors have begun incorporating real estate investments trust into their portfolios as the Internal Revenue Service takes a more […]

Author: Frank L. Brunetti

January 18, 2013

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