Skip to main content
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
    • Law Lists
    • Professional Memberships
    • Careers
  • Resources
    • Bernstein’s Dictionary of Bankruptcy Terminology
    • Links
    • Five Minute Legal Master videos
    • Blog
    • Legal Publications
  • News
    • Cases Archive
    • Firm News
    • In the News
    • Industry News
  • Contact
CALL - 412 456 8100
Connect
  • Facebook
  • Twitter
  • LinkedIn
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
    • Law Lists
    • Professional Memberships
    • Careers
  • Resources
    • Bernstein’s Dictionary of Bankruptcy Terminology
    • Links
    • Five Minute Legal Master videos
    • Blog
    • Legal Publications
  • News
    • Cases Archive
    • Firm News
    • In the News
    • Industry News
  • Contact
Cases

Hathaway and G & K Bakery (Trustee)

Representation: Trustee

Bankruptcy – Western District of Pennsylvania

Situation: At the time Joseph Bernstein was appointed Operating Chapter 11 Trustee, these cases had been operated by the Debtors-in-Possession for sixteen months. The Debtors-in-Possession had incurred additional post-petition tax debt.

Hathaway was also engaged in contested litigation with Carol Hathaway, his estranged second wife, who held record title as co-owner of the business real estate and equipment. Additionally, Carol Hathaway held sole title to the liquor license which was worth $40,000.00 at the time it was transferred to her.

Action: The Trustee, Joseph Bernstein and Bernstein and Bernstein, P.C. commenced an adversary action to recapture those assets. With court approval, the matter was compromised and the bankruptcy estate obtained sole ownership of the business real estate, the business equipment and the liquor license.

The trustee detected a defect in the purchase money mortgage for the business real estate which claimed balance in excess of $130,000.00. The attorneys negotiated a full and complete settlement of the debt for $60,000.00, which the trustee promptly paid.

The attorneys of Bernstein and Bernstein, P.C. handled the sale of the liquor license; recovered funds which post-petition had been wrongfully paid to pre-petition creditors; resolved problems concerning credit; through litigation and negotiation, obtained substantial reduction in the rate being charged for unemployment compensation taxes; handled negotiations and renewal of leases for those business premises which were not owned by the bankrupt estate; arranged for striking of improper post-petition liens; and provided the ordinary and customary legal services of an attorney to a business operator.

Additionally, the attorneys of Bernstein and Bernstein, P.C., negotiated and settled problems concerning the rear-abutting property which involved encroachment problems and downspout and gutter discharge to the debtor’s real estate.

Joseph Bernstein successfully counseled and rehabilitated both the individual debtor and the debtor corporation, and thereby provided a plan of reorganization which will pay all claimants 100% over a six year period.

Back to Top
  • Overview
  • Allegheny Motel Inn, Inc.
  • Alpha Housing
  • Arter & Hadden, LLP
  • Benjamin Coal Company
  • Brockway
  • Brownsville General Hospital
  • Cambria Mills Coal Company
  • Criminal Demolition
  • David Weis Jewelers
  • Debois Investment Group
  • Failure to Satisfy Mortgage
  • Ferrell Prior
  • Glosser Bros., Inc.
  • Guaranty for a Friend
  • Hercules Service Corporation
  • I. D. Craig Service Corp.
  • Insulfoams, Inc.
  • Italian Oven, Inc.
  • K. F. Dairies
  • Large International Electrical Supply Distributor
  • Liberty Electronics
  • Major Supplier of Electronic Components
  • Medical Malpractice Verdict
  • MHF Trucking
  • Pittsburgh Press Club
  • Printing equipment recovery
  • Queen City Distributing
  • Ready Mix Concrete Company
  • Securities Fraud Class Action
  • Security Systems Supplier
  • Shotrock, Inc.
  • Spirit Harley-Davidson, Inc.
  • Star-Tron Technology, Inc.
  • TJX Companies (Ames Dept. Stores)
  • Uniflow Manufacturing Co. (Koldraft)
  • Van Huffel Tube Co.
  • Various Personal Injury Claimants
  • Yobe Electric
  • First Century Corporation
  • Consumer Finance Corporation
  • Hathaway and G & K Bakery (Trustee)
Bernstein Burkley

Copyright © 2025 Bernstein-Burkley

Links
  • Disclaimer
  • Knowledge Base
  • Privacy Center
  • Site Map

Bernstein-Burkley, P.C.

Phone: 412.456.8100

Fax: 412.456.8135

Email: info@bernsteinlaw.com

Connect

We use cookies to give you the best online experience. By agreeing you accept the use of cookies in accordance with our cookie policy.

I accept My Preferences
Close Popup