by Jeff Folkersen | Jun 11, 2014 | Blog
While no one wants to think about a new client becoming a debtor, it’s important that a credit agreement is in place from day 1 to protect your company. In this 5 Minute Legal Master Series episode, Bernstein-Burkley, P.C. Partner, Nicholas D. Krawec, discusses...
by Jeff Folkersen | May 29, 2014 | Blog
Bernstein-Burkley, P.C. Partner, Kirk Burkley, was featured in the news again in reference to the bankruptcy reorganization plan for the Rock Airport and Business Park, located in West Deer, PA. As the attorney for the bankruptcy trustee, Kirk commented on the...
by Jeff Folkersen | May 27, 2014 | Blog
By Daniel R. Schimizzi, Esq. The expansion of the oil and gas industry throughout the region has increased the incentives for landowners to lease their oil and gas rights. Landowners sitting atop active oil and gas plays can receive bonuses ranging from $500.00 to...
by Jeff Folkersen | May 20, 2014 | Blog
Bernstein-Burkley, P.C. Managing Partner, Robert S. Bernstein, discusses unsecured creditors’ committees on his most recent appearance on Business Credit Radio. What are unsecured creditors’ committees? How and when are they formed? Do they make a...
by Jeff Folkersen | May 16, 2014 | Blog
In this 5 Minute Legal Master Series video, Bernstein-Burkley, P.C. Managing Partner, Robert S. Bernstein, discusses mediation, a popular alternative dispute resolution tactic. For more details, be sure to read Robert’s ebook: 5 Ways That Mediation Can Save You...
by Jeff Folkersen | May 7, 2014 | Blog
This week was a busy week for Bernstein-Burkley P.C. Partner, Kirk Burkley. Following public concern over the conditions of a closed recycling plant, U.S. Bankruptcy Judge Carlota Bohm approved the sale of the plant to Bernstein-Burkley, P.C. client – GGMJS...
by Jeff Folkersen | Apr 16, 2014 | Blog
By Bernstein-Burkley Bernstein-Burkley was recently involved in an interesting case. In this one, our client purchased a property from a tax sale. The property was part of an estate, and one of the heirs filed a motion to redeem the property in state court pursuant to...
by Jeff Folkersen | Apr 10, 2014 | Blog
You may have heard of Chapter 11, but did you know that 1,3,5,7,9,12,13, and 15 are also chapters in the Bankruptcy Code? In this 5 Minute Legal Master Series video, Bernstein-Burkley, P.C. Managing Partner, Robert S. Bernstein, helps navigate the different chapters...
by Jeff Folkersen | Mar 31, 2014 | Blog
An Analysis of the Potential for Recovery of Punitive Damages in Pennsylvania in an Action Under the Pennsylvania Uniform Fraudulent Transfer Act. By: Raymond P. Wendolowski Jr. In Pennsylvania there are statutory provisions in place that allow a creditor to...
by Jeff Folkersen | Mar 28, 2014 | Blog
Interesting possible twist to this Chapter 11 filing. Since one filing is the stadium and one filing is the team, and since the Bankruptcy Court has the power to terminate contracts that are not beneficial to the “Debtor,” it is possible that the creditors could take...