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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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    Will Proposed Regulations in REG-106706-18 Adversely Impact Estate and Gift Tax Exemptions? post image

    Will Proposed Regulations in REG-106706-18 Adversely Impact Estate and Gift Tax Exemptions?

    In REG-106706-18, the IRS has issued proposed regulations that provide that individuals taking advantage of the increased gift and estate tax exclusion amounts in effect from 2018 to 2025, as provided for by the Tax Cuts and Jobs Act (TCJA), will not be adversely impacted after 2025 when the exclusion amount is scheduled to drop to pre-2018 levels.

    Author: Frank L. Brunetti

    Link to post with title - "Will Proposed Regulations in REG-106706-18 Adversely Impact Estate and Gift Tax Exemptions?"
    NYC Council Passes Employment Bills Requiring Lactation Rooms and Policies post image

    NYC Council Passes Employment Bills Requiring Lactation Rooms and Policies

    The New York City Council recently passed several measures intended it to make it easier for mothers to express breast milk during the workday. Most notably, the bills require New York City employers to provide designated lactation rooms and establish a workplace lactation accommodation policy regarding the use of such rooms.

    Author: Gary S. Young

    Link to post with title - "NYC Council Passes Employment Bills Requiring Lactation Rooms and Policies"
    Industrial Hemp Farming Poised for Growth Under New New Jersey Hemp Law post image

    Industrial Hemp Farming Poised for Growth Under New New Jersey Hemp Law

    While cannabis advocates may still be waiting for the state to legalize recreational marijuana, Gov. Phil Murphy recently signed an important cannabis bill clearing the way for growers to cultivate its less controversial “cousin.” Under Assembly Bill 1330, which was signed into law by Governor Murphy last week, license holders will be able to plant, grow, harvest, possess, process, distribute, buy, or sell industrial hemp within the state.

    Author: Daniel T. McKillop

    Link to post with title - "Industrial Hemp Farming Poised for Growth Under New New Jersey Hemp Law"
    FIRRMA Changes to the CFIUS Regime Begin to take Effect post image

    FIRRMA Changes to the CFIUS Regime Begin to take Effect

    Seeking to curtail the uncompensated taking of American intellectual property and business secrets, the U.S. Treasury has begun the process of implementing the Foreign Investment Risk Review Modernization Act of 2018 (FIRRMA). The law, which President Donald Trump signed this summer, significantly changes the procedures used to conduct national security reviews of foreign investments in the United States.

    Author: Dan Brecher

    Link to post with title - "FIRRMA Changes to the CFIUS Regime Begin to take Effect"
    What you can learn from the SEC's annual enforcement report post image

    What you can learn from the SEC's annual enforcement report

    The Securities and Exchange Commission’s (SEC) enforcement division recently published its second annual report. Because it highlights where the Division of Enforcement is focusing its enforcement-related efforts, the report serves as a valuable compliance resource and should be mandatory reading material for professionals whose businesses fall under the SEC’s purview. 

    Author: Scarinci Hollenbeck, LLC

    Link to post with title - "What you can learn from the SEC's annual enforcement report"
    NJ Court Rules Employee Arbitration Agreement Can’t Bar Punitive Damages post image

    NJ Court Rules Employee Arbitration Agreement Can’t Bar Punitive Damages

    New Jersey employers can’t use arbitration agreements to bar punitive damages, according to the Appellate Division of the New Jersey Superior Court. In Roman v. Bergen Logistics, the appeals court held that barring punitive damages claims violates the public policy of the New Jersey Law Against Discrimination (LAD).

    Author: Joel N. Kreizman

    Link to post with title - "NJ Court Rules Employee Arbitration Agreement Can’t Bar Punitive Damages"
    Can the filing of an amended tax return result in the waiver of the attorney-client privilege between taxpayer and accountant? post image

    Can the filing of an amended tax return result in the waiver of the attorney-client privilege between taxpayer and accountant?

    U.S. v. Adams, 122 AFTR 2d ¶2018-5380, (DC MN 10/27/2018) Under United States v. Kovel, 296 F.2d 918, 921–22, 9 AFTR 2d 366 (2nd Cir. 1961) the attorney-client privilege applies to an individual’s communications with an accountant if the communications are “made in confidence for the purpose of obtaining legal advice from the lawyer”.  The party […]

    Author: Frank L. Brunetti

    Link to post with title - "Can the filing of an amended tax return result in the waiver of the attorney-client privilege between taxpayer and accountant?"
    Federal Circuit Denies USPTO’s Recovery of Attorney Fees in §145 Actions post image

    Federal Circuit Denies USPTO’s Recovery of Attorney Fees in §145 Actions

    Challenging a decision by the U.S. Patent and Trademark Office (USPTO) just became less cost prohibitive, thanks to the Federal Circuit Court of Appeals. The court recently ruled in Nantkwest, Inc. v. Iancu that 35 U.S.C. § 145 does not require patent applicants to pay the USPTO’s attorneys’ fees when challenging a decision in district court.

    Author: David A. Einhorn

    Link to post with title - "Federal Circuit Denies USPTO’s Recovery of Attorney Fees in §145 Actions"
    Should Environmental Rights Be Protected by the New Jersey Constitution? post image

    Should Environmental Rights Be Protected by the New Jersey Constitution?

    The Senate Environment and Energy Committee recently advanced a resolution that asks New Jersey voters to decide whether the State Constitution should be amended to recognize that every person has a right to a clean and healthy environment. While the controversial amendment aims to preserve the state’s natural resources, it could also make development in New Jersey more burdensome and expensive.

    Author: Daniel T. McKillop

    Link to post with title - "Should Environmental Rights Be Protected by the New Jersey Constitution?"

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