When utilized in contracts and leases, a liquidated damages clause can serve as a tool to avoid unnecessary litigation. In situations where a party has breached the terms of a lease, the parties can include a liquidated damages clause in order to determine the amount to be paid upon default for dama
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Click Here for Bernstein-Burkley’s Summer 2018 Newsletter Included in the Newsletter: Bernstein-Burkley Welcomes Mark A. Lindsay as Partner, Expanding The Firm’s Bankruptcy & Restructuring Practice Group Three Bernstein-Burkley Partners Recognized by Best Lawyers® Recovering Attorney’
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(PITTSBURGH) September 7, 2018 – Bernstein-Burkley is pleased to announce the addition of a new Partner, Mark A. Lindsay, to its team of skilled attorneys. He joins the firm’s growing Bankruptcy & Restructuring practice. Mark is an attorney with more than 15 years of experience handling
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This feature originally appeared in the August 31st edition of the Pittsburgh Business Times. Q: I have a business tenant that hasn’t paid rent. What should I do? Advice: First, look at your lease to determine what remedies are set forth in the agreement. Many commercial leases include a confe
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In an era where the United States agricultural industry continues to struggle to stay afloat, Walmart’s recent decision to establish its own milk processing facility has resulted in multiple milk contract cancellations throughout the country. In Pennsylvania alone, 42 farms have been affected by t
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(PITTSBURGH) August 15, 2018 – Bernstein-Burkley is pleased to announce that partners, Robert S. Bernstein, Kirk B. Burkley and Arch W. Riley, Jr. have been selected by their peers for inclusion in the 25th Edition of The Best Lawyers in America®. Robert Bernstein, Co-Managing Partner, was re
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This feature originally appeared in the July 20th edition of the Pittsburgh Business Times. Q. What are the fiduciary duties of the board of directors for a company or organization? Advice: Board members have two primary duties, the duty of loyalty and the duty of care. If they exercise these duties
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So many clients have asked me the same question over the years. “Can I recover my collection costs and attorney’s fees? This customer really wronged us and they should have to pay every dime we are owed!” they say. As much as I wish I could tell these clients that we can and will recover all o
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Click Here for Bernstein-Burkley’s Spring 2018 Newsletter Included in the Newsletter: Four Bernstein-Burkley Partners Named 2018 Super Lawyers Bernstein-Burkley Named Tier 1 Law Firm by US News – Best Lawyers 2018 “Best Law Firms” Dealing with Liquidated Damages In and Out of
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This feature originally appeared in the May 18th edition of the Pittsburgh Business Times. Q: When a customer has not been making payments, should I consider a “workout”? Advice: A “workout” is a mutually negotiated legal arrangement, signed by both creditor and debtor, in which t
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