Representation: Defendant in preference action
Bankruptcy – Northern District of Illinois
Situation: A large Chicago area electrical company filed for bankruptcy and sought the recovery of a $103,000.00 payment made to a client of Bernstein-Burkley, P.C., and the client immediately turned the case over to the Bernstein lawyers.
The complaint alleged that a preferential payment was made to the client in the form of one check. Although the client was unable to retrieve its payment history for the alleged payment from its own records, Bernstein lawyers actively pursued the discovery of this crucial information. While many law firms might have relied on the complaint as to whether the payment was made within the 90-day preference period, at Bernstein-Burkley, P.C., lawyers insist on reviewing every detail and covering every angle no matter how mundane the issue.
Action: Diligent and persistent work on behalf of Bernstein lawyers resulted in their discovery that the alleged preferential payment was made one day outside of the preference period. Bernstein-Burkley, P.C. quickly notified the plaintiff’s attorney and the case was dismissed. In this case, Bernstein’s attention to detail meant more than $100,000 for one of its clients.