Cole Schotz

Tax Court Puts Brakes on Recent Trend Limiting Religious/Non-Profit Exemptions

In a recent tax court case, Holy Trinity Baptist Church v. City of Trenton (Docket No. 015909-2014, February 2, 2017), the court overturned the findings of the County Board of Taxation and upheld the tax exemption for…more
| Civil Procedure, Nonprofit Law, Taxation

In re Roust: Seven Steps to Confirming a Plan in Seven Days

On January 6, 2017, Judge Robert D. Drain of the Bankruptcy Court for the Southern District of New York orally approved a prepackaged plan of reorganization (a “Prepack”) in In re Roust Corporation, et al. (Case No. 16-23786),…more
| Bankruptcy, Business Organizations

Second Circuit Refuses to Expand Scope of Chapter 15 of the Bankruptcy Code

On January 18, 2017, the U.S. Court of Appeals for the Second Circuit issued an opinion in the case of Trikona Advisers Limited v. Chugh, No. 14-975-cv, 2017 WL 191936 (2d Cir. Jan. 18, 2017), thwarting an attempt to expand the…more
| Bankruptcy, Business Organizations, Finance & Banking, International Law & Trade

DEADLINE ALERT: Prudent Property Management Dictates Review of Property Tax Assessments!

The New Jersey Tax Appeal Filing Deadline is April 3rd. In the upcoming weeks property owners will be receiving their annual property tax assessment notices (postcards) from the municipal assessor’s office. Receipt of these…more
| Real Estate - Commercial, Taxation

5 Tips for Protecting Your Business This Year: The Best Offense Remains a Good Defense

Whether you are starting a new business in 2017 or gearing up for another year with an existing company, the New Year brings the excitement of fresh opportunities. That enthusiasm, however, should not overshadow employment…more
| Labor & Employment Law

Ring in the New Year Right: TriState Employers Must Ensure Compliance With Upcoming Changes

Employers are well advised to ensure that they start the New Year on the correct foot as many laws have effective dates in a few short days and weeks. Among the most notable changes are the following: Minimum Wage New…more
| Labor & Employment Law

Individuals with Special Needs Can Now Create First Party Trusts

President Obama just signed a new law that allows First Party Special Needs Trusts to be established by mentally competent individuals for their own benefit. This is a major “fix” to the current law which only allows First…more
| Wills, Trusts, & Estate Planning

Plan Proponents Beware of “Death Trap” Traps in Chapter 11 Plans and Disclosure Statements

On November 22, 2016, a federal court in Texas ruled that the U.S. Department of Labor (DOL) unlawfully issued its Final Rule raising the minimum annual salary threshold for most “white collar” overtime exemptions under the Fair…more
| Bankruptcy, Business Organizations, Civil Procedure

Yellowstone and the Barton Doctrine in the Third Circuit

The Barton doctrine, which has been imposed in “an unbroken line of cases … as a matter of federal common law,” In re Linton, 136 F.3d 544, 545 (7th Cir. 1998) (Posner, J.), requires that plaintiffs “obtain authorization from…more
| Bankruptcy, Business Organizations, Civil Procedure, Finance & Banking

The AT&T-Time Warner Merger and a Hart-Scott-Rodino Update

Updates and speculation regarding the forthcoming merger between AT&T and Time Warner have dominated the recent news cycle. Many pundits and business professionals have debated whether a vertical merger of such magnitude will…more
| Antitrust & Trade Regulation, Business Organizations, Mergers & Acquisitions

Deck the Halls – But Do It Nicely, and Don’t Be Naughty!

Thinking about tying one on this year to get into the holiday spirit, or about finally asking out that cute girl or guy from the office at the holiday party after the spirit moves you? Think again! With the holiday season upon…more
| Labor & Employment Law

New Delaware Chapter 11 Filing – La Paloma Generating Company, LLC

La Paloma Generating Company, LLC and two of its affiliates have filed petitions for chapter 11 bankruptcy relief in the United States Bankruptcy Court for the District of Delaware (Case No. 16-12700). The Debtor is the owner…more
| Bankruptcy, Business Organizations, Finance & Banking

New Delaware Chapter 11 Filing- Limitless Mobile, LLC

Limitless Mobile, LLC, successor to Keystone Wireless, LLC, has filed a petition for relief under chapter 11 in the United States Bankruptcy Court for the District of Delaware (Case No. 16-12685). According to the First Day…more
| Bankruptcy, Business Organizations, Finance & Banking

Delaware Organizational Meeting – Hampshire Group Ltd.

Upcoming Committee Formation Meeting: Wednes., December 7, 2016, 10:00 a.m. Case Name: 16-12634 (LSS)..…more
| Bankruptcy, Business Organizations, Finance & Banking

Wash Those Sediments Right Outta Your RAO! NJDEP Releases New RAO Notice

Last week, the New Jersey Department of Environmental Protection (NJDEP) announced a new Response Action Outcome (RAO) Notice, which allows Licensed Site Remediation Professionals (LSRPs) to issue an RAO for a site with…more
| Environmental Law
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Hackensack, New Jersey 07601, United States

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Areas of Practice
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Other U.S. Locations
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100+ Attorneys

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