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We received some feedback that our links were not pointing to the correct article. We apologize for any inconvienience this may have caused you and thank you for letting us know. As a result, here is the updated version with the links corrected.
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The Bernstein Law Firm |
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Bernstein Law Firm Client Advisory
In this quarterly issue of Bernstein Law Firm's client advisory, our attorneys keep you current on a number of issues vital to the health of many businesses through our blog. The articles in this advisory focus on an introduction to Chapter 12 Bankruptcy, steps credit grantors can take now that the economy is turning around, landowners rights in oil and gas leases and information on Chapter 9 and Act 47. We encourage you to share these advisories with others who might benefit from the information.
For more information, visit www.Bernsteinlaw.com |
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Robert S. Bernstein
What Credit Grantors Should Do Just Before Sunrise
 The sun always rises, stocks always go up, and the economy will always turn around. If you don't believe that these are true statements, there is no need to read on. If, on the other hand, you admit the probable truth of these maxims, then you always need to be thinking about the future. You can decide whether it is a short- or long-term view, but whatever the time horizon, there are things that you, as a credit grantor, need to be thinking about before the sun rises next. |
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Scott E. Schuster
Introduction to Chapter 12 Bankruptcy |
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 Congress enacted Chapter 12 - "Bankruptcy for Family Farmer with a Regular Annual Income" - of the Bankruptcy Code to mitigate the financial circumstances that exist for many farmers in America. Many "family" farms operate much like an unincorporated business, with high revenue and high debt-loads. Previously, family farmers often had too much debt to qualify as a Chapter 13 debtor. However, those farmers also often had too little income to fund a Chapter 11 bankruptcy case, making Chapter 7 liquidations the only option for debt-ridden farmers.
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Kit F. Pettit
Protecting a Land Owner's Rights in Negotiating an Oil & Gas Lease |
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 With the recent activity in the area related to the Marcellus shale natural gas deposits that have proven to be abundant in our region, it is possible that you have been contacted by a natural gas exploration company or a land agent seeking to lease your oil and gas rights. Maybe you didn't even know that you owned oil and gas rights.
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