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This feature originally appeared in the February 24th edition of the Pittsburgh Business Times.  Advice: There is remarkable flexibility associated with the governance alternatives for limited liability companies. The decision …

One important effect of a debtor’s bankruptcy filing is the impact the bankruptcy filing has on unexpired leases, particularly for lessors. The rights and obligations of the lessors under the …

In plain language, a preference action is a lawsuit claiming that a bankruptcy debtor paid your company “preferentially” over other creditors prior to a bankruptcy filing. In a typical lawsuit, …

When a business finds itself in debt, the attorneys at Bernstein-Burkley are here to help determine the best course of action. Our attorneys don’t believe in a one-size-fits-all approach, so …

For decades, the attorneys that make up the bankruptcy and financial restructuring group at Bernstein-Burkley have guided individuals and businesses through the complex process of acquiring assets from bankruptcy estates. …

The filing of a bankruptcy case typically precludes an unsecured creditor – such as a trade vendor – from having its prepetition claim satisfied in full. While this general principle …

The vast majority of suppliers, vendors, lessors and lenders have experienced the difficult task of navigating a bankruptcy case.  Certain customers file for bankruptcy due to a significant drop in …

Included in the newsletter: When Extending Credit to a Customer, Begin with the End in Mind The Five Minute Legal Master Series: The Appeals Process Congratulations to Robert Bernstein who …

Robert S. Bernstein, Esq. Co-Managing Partner, Bernstein-Burkely, P.C. It’s what acclaimed author Dr. Steven Covey, in his book 7 Habits of Highly Effective People, told us to do: begin with …

By Kirk B. Burkley, Esq. A recent decision from the United States Court of Appeals for the Sixth Circuit will likely chill certain collection practices employed by aggressive creditors. In …