Skip To Main Content
Jack Schembari on Muck Rack

Jack Schembari

As seen in: Foley & Lardner LLP
Is this you? As a journalist, you can create a free Muck Rack account to customize your profile, list your contact preferences, and upload a portfolio of your best work. Claim your profile

Get in touch with Jack

Contact Jack, search articles and posts on X, monitor coverage, and track replies from one place.

Learn more about Muck Rack

Actions

Share this page

Is this you?

As a journalist, you can create a free Muck Rack account to customize your profile, list your contact preferences, and upload a portfolio of your best work.
Claim your profile

Articles

17 State Attorneys General Ask Court to Suspend California's Entire EPR Law: What Producers Need to Know

|
By Jack Schembari
| Foley & Lardner LLP
This week, the 17-state attorney general coalition and the National Association of Wholesaler-Distributors (NAW) escalated their federal challenge to California’s Plastic Pollution Prevention and Packaging Producer Responsibility Act (Senate Bill 54) by filing a motion for preliminary injunction in the Eastern District of California. The motion asks the court to block enforcement of the entire Act while the constitutional challenge proceeds.
Open in Who Shared View Duplicates (2) Issue with article?

The Code Section 409(p) Anti-Abuse Rules: What Every S Corporation ESOP Must Know to Avoid Disaster

|
By Jack Schembari
| Foley & Lardner LLP
Internal Revenue Code Section 409(p) (Section 409(p)) imposes significant obligations on S corporation Employee Stock Ownership Plans (ESOPs) with severe penalties for noncompliance. A violation of Section 409(p) can result in a 50% excise tax, deemed distributions to participants, potential loss of tax qualified ESOP plan status, and termination of the company’s S corporation election.
Open in Who Shared View Duplicates (2) Issue with article?

Mind the Gap: When Your Retirement Plan Document, Plan Operations, and Participant Communications Do Not Match

|
By Jack Schembari
| Foley & Lardner LLP
Most compliance problems announce themselves. This one does not. Your plan has been operating under the CARES Act, SECURE 1.0, and SECURE 2.0 for years, your participants have received communications describing those features, and your recordkeeper has administered them faithfully. The only thing that could be missing is the plan language.
Open in Who Shared Issue with article?
See all 7 articles