Bernstein-Burkley, P.C. Advisory
In this quarterly issue of Bernstein-Burkley, P.C.'s Advisory, our attorneys write about a number of issues. The articles in this Advisory focus on how to maintain (not overlook) lien priority after obtaining judgment, the ethics of hiring local counsel, and one attorney's opinion on why the Port Authority of Allegheny County should file for bankruptcy. We encourage you to share these articles with others who might benefit from the information.
For more information visit: www.bernsteinlaw.com
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Maintaining Lien Priority After Obtaining a Judgment is Incredibly Easy but Should not be Overlooked
After a judgment is entered a judgment creditor typically begins execution efforts in order to collect on the judgment, but sometimes a debtor genuinely has nothing for a judgment creditor to collect. In these cases our firm typically recommends that the judgment creditor should cease execution efforts and come back to the judgment at a later date. When the economy is suffering, like it has been for the last few yesrs, this situation arises with much more frequency. |
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But, Your Honor, I am Only Local Counsel! |
Local Counsel can mean many things, just as "Of Counsel" has no single definition. Sometimes, when managing a case in a distant or foreign jurisdiction, client's chosen counsel will engage a local lawyer to assist in making sure that the matter proceeds in accordance with local practice and rules. This is generally done with direct client involvement, permission and agreement.
(Re-printed with permission from The Commercial Law World, a magazine published by the Commercial Law League of America)
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For the Public's Sake, The Port Authority Must File Bankruptcy
Chapter 9 of the United States Bankruptcy Code allows a municipality (or government-created entity) to reorganize its debts and restructure its contractual relationships. Exercised appropriately, these powerful tools would allow the Port Authority of Allegheny County to stave off service cuts, restructure its business model and emerge a stronger and more streamlined entity.
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We are pleased to announce:
Bernstein Law Firm, P.C. is now Bernstein-Burkley, P.C.
Click here to read more!
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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: Lara Shipkovitz, Esq. _______________
We have the most Board Certified Creditors' Rights Specialists in Pennsylvania than any other law firm.
Congratulations to Kirk Burkley! He is now a certified Creditors' Rights Specialist by the American Board of Certification (ABC). He joins partners Bob Bernstein and Nick Krawec who are also certified in Creditors' Rights by the ABC. |
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