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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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Top Benefits of SEC’s Expanded Smaller Reporting Company Definition

The Securities and Exchange Commission (SEC) recently amended the definition of “smaller reporting company” as used in federal securities regulations. The expanded definition is intended to encourage more businesses to take advantage of scaled securities disclosure obligations.

Author: Jeffrey K. Cassin

October 25, 2018

Is It Time to Restrict Your CEO’s Twitter Account?

Tesla founder and CEO Elon Musk recently drew the ire of the Securities and Exchange Commission (SEC) when he tweeted to his 22.3 million followers on Twitter that he was planning to take his company private. On August 7, 2018, Musk tweeted: “Am considering taking Tesla private at $420. Funding secured.” Following this tweet, Tesla’s stock price jumped by over six percent, a significant impact on the market that many attributed to the tweet. The impact was keenly felt by short-sellers, with whom Musk had been feuding. Tesla later confirmed that a final decision about taking the company private had not yet been reached.

Author: Jeffrey K. Cassin

October 24, 2018

Twitter

Ten Things to Know About Industrial Hemp in New Jersey

While marijuana gets all the headlines, a bill to legalize industrial hemp passed the New Jersey Legislature and is now awaiting action by Gov. Phil Murphy. Under Assembly Bill 1330, license holders would be able to plant, grow, harvest, possess, process, distribute, buy, or sell industrial hemp within the state.

Author: Daniel T. McKillop

October 23, 2018

New Jersey

Key Takeaways from Gov. Murphy's Economic Development Strategic Plan for NJ Developers

Big changes are on the horizon for New Jersey’s Brownfields Program under Gov. Phil Murphy’s new economic plan. The Economic Development Strategic Plan, which Gov. Murphy unveiled during an economic address, entitled "The State of Innovation: Building a Stronger and Fairer New Jersey," includes a range of programs aimed to jumpstart the state’s economy.

Author: Daniel T. McKillop

October 22, 2018

ABA Names NJSBA Environmental Forum as 2017 Program of the Year

Scarinci Hollenbeck is pleased to announce that the American Bar Association (ABA) Section of Environment, Energy and Resources has selected the 2017 NJSBA Environmental Law Forum as Program of the Year. The Forum is an annual event hosted by the NJSBA Environmental Law Section. Daniel T. McKillop, Counsel in the firm’s Environmental & Land Use Law group, currently serves as Vice-Chair of the NJSBA Environmental Law Section and as one of the Forum chairpersons.

Author: Scarinci Hollenbeck, LLC

October 22, 2018

NJSBA

New Jersey Environmental Permitting Poised to Go High-Tech

While electronic filing is now commonplace with respect to filing taxes or corporate documents, the New Jersey Department of Environmental Protection (NJDEP) has failed to keep pace with technology. Thankfully, that will soon change. According to NJDEP Commissioner Catherine McCabe, the agency is preparing to unveil a new electronic submission system.

Author: Daniel T. McKillop

October 18, 2018

Guidance and Regulation — What’s the Big Difference?

When it comes to regulatory compliance, businesses have to contend with local, federal, and state laws. There are also guidance, advisories, policy statements, and directives from agencies ranging from the Internal Revenue Service to the New Jersey Department of Labor.

Author: Robert A. Marsico

October 16, 2018

NY AG Report Raises Concerns About Crypto Exchanges

The New York Office of the Attorney General (NY OAG) recently published the results of its Virtual Markets Integrity Initiative, which examined the policies and practices of platforms used to trade virtual or “crypto” currencies like bitcoin and ether.

Author: Dan Brecher

October 15, 2018

New York

Will SCOTUS Decide Groundwater Contamination Liability Under Clean Water Act?

It is increasingly likely that the U.S. Supreme Court will intervene to resolve disputes over the limits of groundwater contamination liability under the Clean Water Act (CWA). A circuit split recently developed with the Sixth Circuit Court of Appeals ruling that two power plants did not violate the CWA when contaminants from their coal ash ponds leached into the local groundwater.

Author: Daniel T. McKillop

October 12, 2018

New York Employers Must Satisfy New Minimum Standards for Sexual Harassment Prevention

New York employers should be aware that a key compliance date is quickly approaching. Starting on October 9, 2018, employers must satisfy new minimum standards for sexual harassment prevention policies and training. The New York Department of Labor (NYDOL) has published draft materials, including a model sexual harassment prevention policy and model sexual harassment training guide, which should be finalized in the coming weeks.

Author: Gary S. Young

October 11, 2018

Boy Scouts Honor SH Partner with 2018 Good Scout Award

Scarinci Hollenbeck is proud to announce that Fernando M. Pinguelo, Chair of the firm’s Cyber Security & Data Protection and Crisis and Risk Management groups, has been honored by the Boy Scouts of America with the 2018 Good Scout Award.

Author: Scarinci Hollenbeck, LLC

October 10, 2018

New Jersey

New Jersey Environmental Law Pioneer to be Honored at Legacy Awards Reception

Scarinci Hollenbeck is pleased to announce that Partner Theodore A. Schwartz has been selected by the Meadowlands Chamber as an honoree at the organization’s 45th Annual Legacy Awards reception. The Chamber is paying tribute to Mr. Schwartz and four other “distinguished and deserving” honorees for “their contributions to the Meadowlands business community.”

Author: Scarinci Hollenbeck, LLC

October 10, 2018

Meadowlands

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