Collection and Enforcement
Robert S. Bernstein, Esquire Bernstein-Burkley, P.C. I. PREPARING FOR THE DOWNTURN It is important that the company resist the temptation to cut corners on documentation. Documentation is most important when …
Publications
Protecting Lease Transactions in Indian Areas
Posted on by Kirk Burkley
Robert S. Bernstein Kirk B. Burkley Bernstein-Burkley, P.C. This article appeared in the Equipment Leasing Newsletter , January 2003 There are over 500 nationally recognized Indian Tribes in the United …
Consignments: My, How You’ve Changed!
Posted on by Kirk Burkley
Robert S. Bernstein Kirk B. Burkley Bernstein-Burkley, P.C. While lessors are rarely involved directly with inventory financing, there are times when it is important for them to understand the issues …
Lessors and Bankruptcy: A New Look at Critical Vendor Payments in Chapter 11 Cases
Posted on by Kirk Burkley
Robert S. Bernstein, Esquire Kirk B. Burkley Bernstein-Burkley, P.C. This article appeared in LJN’s Equipment Leasing Newsletter , June 2003. An earlier version appeared in the July 2002 issue of …
Chapter 11 Cases for Chinese Vendors
Posted on by Bob Bernstein
As soon as you learn that your customer has filed bankruptcy in the U.S., you should do certain things in the first few days. Taking swift action will significantly improve …
Lawsuit Danger Alert: Be Careful How You Dispose of Old Records
Posted on by Bernstein-Burkley
Changes in law that take effect this December will increase your chances of being sued for unmanaged attrition of records when litigation is likely. Protect yourself now! As if you …
Powerful Collection Tools for Unsecured Creditors in Bankruptcy
Posted on by Kirk Burkley
By: Kirk B. Burkley This article appeared in the Pennsylvania Association of Credit Managers Newsletter, The Creditor There are a couple of important statutes that should rest on the credenza …
Involuntary Bankruptcy – A Useful Tool for Lessors and Creditors
Posted on by Bernstein-Burkley
“Bankruptcy.” To many creditors, this term is understood to mean a lost cause, a write-off and the end of the collection process. To other creditors, including those that appropriately use …
Acceptance and Reclamation in PA
Posted on by Bernstein-Burkley
As a commercial seller, distributor, manufacturer or purchaser of goods you are certainly aware of an area of the law known as the Uniform Commercial Code (U.C.C). In fact you …
Enforceability of Various Contract Clauses Found in Commercial Credit Applications
Posted on by Nicholas Krawec
Nicholas D. Krawec, Esq. Partner, Bernstein-Burkley, P.C. Commercial credit applications are contracts which will govern the credit account transactions between the credit grantor and its customer, and therefore are subject …