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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
    • 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

Hercules Service Corporation

Representation: Trustee

Bankruptcy – Western District of Pennsylvania

Situation: This Debtor was an automobile rustproofing manufacturer and franchisor. Because of his expertise, Joseph Bernstein was hired to assist the company’s regular counsel in filing this Chapter 11.

The major asset of this debtor was a bond that was deposited with the Commonwealth of Pennsylvania Insurance Department when it formed the Angelica Mutual Insurance Company. In addition to scattered litigation with “investors” and other creditors, major legal services were involved to determine the entitlement from the liquidation of this insurance company.

Action: Once Bernstein and Bernstein, P.C. was successful in determining this entitlement, further legal action was required to protect that entitlement from the claims of the Pennsylvania Insurance Guarantee Association. This effort successfully produced $123,549.29 for this estate.

As Disbursing Agent, Joseph Bernstein reviewed, evaluated, adjusted and/or objected to more than six hundred claims. The result was that three hundred and thirty-five claimants received a seventy percent distribution pursuant to a plan of liquidation. The total payout was $185,713.23.

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  • Overview
  • Allegheny Motel Inn, Inc.
  • Alpha Housing
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  • Benjamin Coal Company
  • Brockway
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  • 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)
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