Chapter 11 – What the Public Needs to Know to Understand the Chrysler Bankruptcy
by Robert S. Bernstein, Esq. Since the late 1970s, the public really started to learn about Chapter 11 and how it works in “big companies.” Through the 80s and 90s …
Posted on by Bob Bernstein
by Robert S. Bernstein, Esq. Since the late 1970s, the public really started to learn about Chapter 11 and how it works in “big companies.” Through the 80s and 90s …
Posted on by Bob Bernstein
Maybe it’s a local issue, but it bothers me. It is illegal in many place (including the City of Pittsburgh) to put signs, even campaign signs, on public property. Yet …
Posted on by Bob Bernstein
Now that I have my inbox somewhat under control, I would like to write about my recent experience attending the Commercial Law League of America’s (“CLLA”) 79th Chicago meeting. While …
Posted on by Bob Bernstein
Who’s responsible for this mess? The facts of a recent bankruptcy case perfectly illustrate one aspect of the recent economic collapse – loan defaults. In the case, a 51 year old, disabled …
Posted on by Bob Bernstein
If this week’s events are any indication, it may no longer be a question as to whether General Motors Corp. and Chrysler, LLC. will file bankruptcy, but rather when …
Posted on by Bob Bernstein
Count me amongst the people that were shocked by the AIG bonuses that came to light earlier this week. Having practiced in corporate bankruptcy for the past several years, it never …
Posted on by Bob Bernstein
The logic behind Pennsylvania’s arcane wage attachment law escapes me. I cannot figure out why the Commonwealth wants to protect debtors at the expense of legitimate creditors. What are …
Posted on by Bob Bernstein
Seems like the economic news is still bad every day, but most people appear resigned or resolved. Many people believe the worst is not here yet, but we are close. How …
Posted on by Bob Bernstein
(Submitted to the Post-Gazette in response to a recent article) First the disclaimer: I am a bankruptcy and creditors’ rights lawyer. I generally represent vendors, lenders and creditors. I have …
Posted on by Bob Bernstein
I’m pretty confused about what Washington is doing/has done with the $700 billion and how that relates to the automakers. Let call them the OEMs (original equipment manufacturers). The OEMs …
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