LEAN Lawyer Peter Califano Helps Lead National Effort to Amend the Bankruptcy Code.
By: LEAN Staff
Bankruptcy Venue Reform Bill Introduced in Congress On January 8, 2018, Senators John Cornyn (R-TX) and Elizabeth Warren (D-MA) introduced a bill (S. 2282) that would rebalance how Chapter 11 bankruptcy cases are distributed throughout the country, by eliminating the state of incorporation for commencing a bankruptcy case, and instead, require corporate debtors to file […]
Bankruptcy Attorneys: Good for More Than Just Bankruptcy
By: Allison Carr, Associate - Bernstein-Burkley, PC
When people hear that an attorney specializes in bankruptcy, they often want to run in the opposite direction. Some people say that being a bankruptcy attorney sounds interesting, but they hope they will never need to employ one. “Bankruptcy,” however, encompasses so much more than just representing debtors who have filed for chapter 7, 11, […]
Counterfeit Equipment Manufacturer’s Just Award – A Nondischargeability Judgment
By: Peter C. Califano, ESQ - Partner Cooper, White & Cooper, LLP
In Chunchai Yu v. Nautilus, Inc. (In re Chunchai Yu) No. 16-1045 (BAP 9th Cir. August 11, 2016) the Ninth Circuit Bankruptcy Appellate Panel affirmed the bankruptcy court’s determination that a $4 million default judgment in favor of Nautilus, Inc. was nondischargeable as a willful and malicious injury pursuant to 11 USC § 523 (a)(6) […]
Mark Wada Listed in The Best Lawyers In America 2017
By: LEAN Staff
Farleigh Wada Witt, a LEAN member firm, is proud to announce that Mark Wada has been named to The Best Lawyers in America© 2017. For the eighth year in a row, Mark was selected by his peers for inclusion in The Best Lawyers in America© in the area of Banking and Finance Law. He has […]
THREE BERNSTEIN-BURKLEY, P.C. PARTNERS RECOGNIZED BY BEST LAWYERS®
By: LEAN Staff
(PITTSBURGH) August 18, 2016 – Bernstein-Burkley, P.C. partners, Robert S. Bernstein, Kirk B. Burkley and Arch W. Riley, Jr. have been selected by their peers for inclusion in the 23rd Edition of The Best Lawyers in America©. Robert Bernstein, Co-Managing Partner, was recognized in the fields of Bankruptcy and Creditor Debtor Rights/Insolvency and Reorganization Law, […]
Impact of Critical Vendor Payments on Lessors in Chapter 11 Cases
By: Robert S. Bernstein, Esq. Co-Managing Partner, Bernstein-Burkley, P.C.
Understanding bankruptcy basics may be the difference between losing out and receiving fair treatment during the proceedings. While the Bankruptcy Code and Rules are complicated, they are several easily understood basics. The Bankruptcy Code groups similar creditors together to ensure that similarly situated creditors receive comparable treatment. Depending in which group the Bankruptcy Code places […]
Byron Saintsing Elected Chair of the Primerus Business Law Institute of North America
By: Russ Kohl
Raleigh-based law firm Smith Debnam announced that Smith Debnam Partner, Byron L. Saintsing, has been elected Chair of the Primerus Business Law Institute of North America (PBLI). Primerus is an international society of top-rated, independent, boutique law firms. The Business Law Institute of Primerus brings together top-quality law firms with experience in business-related practice areas such […]
Understanding Late Fees & Default Interest
By: Michael Witt, Founder - Witt Law & LEAN Member
Friends, here’s a quick primer on something you may already know—but can you explain the difference? Do you understand the difference between late fees and default interest? Do your lease forms provide for the charging of both on late payments? If not, you should read on… I’m often surprised how many lessors and their collection […]
Congratulations to Bob Bernstein!
By: LEAN Staff
ROBERT BERNSTEIN NAMED FELLOW BY THE AMERICAN COLLEGE OF BANKRUPTCY Bernstein-Burkley, P.C. announced on 10/27/15 that Co-Managing Partner, Robert S. Bernstein, has been selected by the American College of Bankruptcy to be inducted as a Fellow of the College. This is a prestigious honor awarded to only the top professionals who have exhibited exceptional contributions to […]
What We Are Hearing…
By: LEAN Staff
What we are hearing… A recent WSJ article highlighted a 77% jump in chapter 11 bankruptcy filings in July compared to a year ago. The article said “the summer pickup in filings might not be a permanent return to the time before low-interest rates and high filing costs kept many away from the bankruptcy courts.” […]