Winter Advisory from Bernstein Law Firm, P.C.

Bernstein Law Firm Advisory

In this quarterly issue of Bernstein Law Firm's Client Advisory, our attorneys teach about a number of issues. The articles in this Advisory focus on key terms in Chapter 11 bankruptcy proceedings, the right to eject someone who possesses land that you own, and the benefits of Board-certification for attorneys. We encourage you to share these advisories with others who might benefit from the information.

For more information visit: www.bernsteinlaw.com

Maribeth Thomas

Ten Key Terms to Understand Regarding Chapter 11 Bankruptcy Proceedings

Adequate protection refers to the protection offered to creditors of a failing business to ensure payment to a creditor through the use of business assets, essentially as collateral. Specifically, Section 361 of the Bankruptcy Code defines adequate protection as cash payments, replacement or additional liens, or administrative expense claims or the indubitable equivalent. Each type of adequate protection must be sufficient to compensate the secured lender for the loss of value to its cash collateral caused by its use by the debtor.

(To find out more bankruptcy terms check out Bernstein's Bankruptcy Dictionary of Terminology)

Arthur W. Zamosky

Do you Have the Right to Possess Land that Someone Else is Currently Possessing and Will Not Leave? Eject Them!

In Pennsylvania, ejectment is an action by a party who does not possess certain land but has a right to do so. The action is brought against a defendant who has actual possession of the land. An ejectment action can also be used to determine a question of title to real property. Such an action can be distinguished from a quiet title action because an ejectment is used to determine the immediate rights between and Plaintiff and Defendant while a quiet title action is used to determine the relative and respective rights of all potential titleholders.

Kirk B. Burkley

Why Every Young Lawyer Should Strive for Board Certification

In today's competitive legal market, it is important to stand out from the crowd. Everywhere you turn, young lawyers are looking for skills that make them more marketable to clients and employers. It seems tht there are more and more specializations within specializations. Even though you might be a bankruptcy attorney, are you a business or consumer bankruptcy attorney? If you are a business bankruptcy attorney, do you represent debtors, banks or unsecured creditors' committees? I'm sure you can see where this is going!

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Meet the Members of the Bernstein Law Firm

Every advisory we will be featuring a member of our firm. you'll be able to get to know a little more about who we are!

This advisory we will introduce:

Maureen O'Leary

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Bernstein Law Firm Hires New Associate

We Welcome

Ray Wendolowski

to our firm!

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Congratulations
to Kirk Burkley. He was recently admitted to the West Virginia bar. He joins Bob Bernstein and Arthur Zamosky who are also licensed to practice in West Virginia.

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Did you know....we have an office in Ohio and one in West VIrginia for collection claims? We cover Trumbull, Mahoning, Columbiana, Jefferson counties in Ohio; and Hancock, Brooke, Ohio, Marshall, Monongalia and Wetzel counties in West Virginia. Click here to see our new locations.

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The City of Pittsburgh and Mount Oliver property owners will have until Feb. 15 to schedule an informal hearing on their new property values. These same residents will have until April 2 to sign up for formal appeals of those values that will go into effect in 2013. The revaluation of about 600,000 parcels throughout the county is almost complete,and the next batch of reassessment notices are scheduled to be mailed shortly. Click here to go to our property assessment page.