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Bernstein Burkley
  • Practice Areas
    • Overview
    • Bankruptcy & Restructuring
    • Business and Corporate Transactions
    • Creditors’ Rights
    • Litigation
    • Oil & Gas and Energy
    • Real Estate
    • Real Estate & Commercial Finance
  • Our Attorneys
  • About Us
    • Our Approach
    • History
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    • Professional Memberships
    • Careers
  • Resources
    • Bernstein’s Dictionary of Bankruptcy Terminology
    • Links
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    • Blog
    • Legal Publications
  • News
    • Cases Archive
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    • In the News
    • Industry News
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Blog
Blog

Blog

The Department of Labor’s New Overtime Rule: What does it mean for you?

Posted on June 20, 2024 by Victoria Davis

By: Mary Shahverdian  Recently, the US Department of Labor (“DOL”) released their final rule, updating the Fair Labor Standards Act (“FLSA”)’s overtime pay requirements. The FLSA sets standards for minimum wages …

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Breaking: FTC Voted to Issue the Final Noncompete Rule. Bernstein-Burkley Associate Mary Shahverdian provides insight on what this means for you and the economy.

Posted on May 3, 2024 by Victoria Davis

By: Mary Shahverdian  On April 23, 2024, The Federal Trade Commission (“FTC) issued a Final Rule banning noncompete agreements for workers. The Final Rule defines a “noncompete” clause or agreement as …

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A Return to the Old Standard—The Department of Labor’s New “Final Rule” Replaces Its Recent Guidance in Favor of Decades of Judicial Precedent.

Posted on February 20, 2024 by Victoria Davis

By: Mary Shahverdian  Workers and employers should be paying attention. A critical classification analysis that determines for whom the Fair Labor Standards Act (FLSA) applies is changing soon—thanks to a …

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As auto loan delinquencies rise, as a vehicle creditor do you know your rights within consumer bankruptcy?

Posted on November 29, 2023 by Victoria Davis

By: Keri Ebeck  Auto loan delinquencies are rising to levels greater than we saw in 2008-2009 recession. The amount of auto loans that are sixty (60) plus days past due …

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Asset Armor: Protecting Your Wealth with Bernstein-Burkley’s Asset Protection Insights Blog #10

Posted on October 27, 2023 by Victoria Davis

By: Harry Greenfield October 20, 2023 One of the places I like to stash money for my Debtor clients is with taxing authorities.  Having a credit balance with a taxing …

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Asset Armor: Protecting Your Wealth with Bernstein-Burkley’s Asset Protection Insights Blog #9

Posted on September 28, 2023 by Victoria Davis

By: Harry Greenfield September 28, 2023 As we said last time, the Bankruptcy Code provides defenses to preference actions. The three most common are: 1) the “ordinary course of business” …

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Asset Armor: Protecting Your Wealth with Bernstein-Burkley’s Asset Protection Insights Blog #8

Posted on September 8, 2023 by Victoria Davis

By: Harry Greenfield  September 8, 2023 When examining asset protection, there should be a discussion about preferences. In Ohio, there is a preference statute that defines preferences as those that …

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Asset Armor: Protecting Your Wealth with Bernstein-Burkley’s Asset Protection Insights Blog #7

Posted on August 15, 2023 by Victoria Davis

By: Robert Bernstein August 15, 2023 In much of asset protection territory, it is a fraudulent transfer or avoidance transfer that we are worried about the most.  The reason for …

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Purdue Pharma: U.S. SUPREME COURT TO DECIDE WHETHER A RELEASE THAT EXTINGUISHES NON-DEBTORS’ CLAIMS AGAINST NON-DEBTOR THIRD PARTIES, WITHOUT THE CLAIMANTS’ CONSENT, IS LEGALLY PERMISSIBLE IN A CHAPTER 11 PLAN

Posted on August 15, 2023 by Victoria Davis

By: Jeffrey C. Toole  August 15, 2023 For years, the federal courts of appeals have been divided regarding whether, in a chapter 11 plan of reorganization, the claims held by …

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Asset Armor: Protecting Your Wealth with Bernstein-Burkley’s Asset Protection Insights Blog #6

Posted on August 10, 2023 by Victoria Davis

By Robert Bernstein August 11, 2023 A series of blogs on Asset Protection…. Blog #6 >>> Previously, we mentioned the idea of “fraudulent transfer” or avoidable transfer.  First, we need …

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