Practice concentrated in the areas of business litigation, debtor-creditor, bankruptcy, business reorganization matters.
Hallmarks of this office are identification and focus on goals, and trying to attain identified goals in a cost-effective manner.
Important Note (Limited Liability Entities):
Changes to federal bankruptcy law, which became fully effective on October 17, 2005, sharply curtailed the relief available to individual debtors. It is now important, as never before, for individuals engaged in business to organize and operate under the form of a corporation or some other appropriate limited liability entity. It is equally important that all the ongoing legal requirements for the operation of that entity must be punctually observed. Provided these steps are taken, the business will enjoy the limited liability that is provided by applicable state law.
The bankruptcy amendments signed into law by President Bush represent a historic change. For the first time in American history, an entrepreneur engaged in business as a corporation will enjoy rights (limitation of liability and the ability to place the limited liability entity in bankruptcy) unavailable to the same entrepreneur engaged in the same business under his or her own name. |
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