LIBOR (London Interbank Offered Rate) is an interest rate index setting forth the rate at which major financial institutions will
The Northern Kentucky Chamber of Commerce is celebrating 40 years of Leadership Northern Kentucky with a new class of 52
Sending a simple "Yes" electronically via text message can be held against you in court.
Can emails and text messages constitute a legally binding agreement? A basic binding contract must comprise of four key elements: there
CRESTVIEW HILLS, KY – April 20, 2016 – DBL Law is pleased to announce that Elizabeth G. Weber, partner and
Early Wednesday, December 16, 2015, Congressional leaders reached a compromise on a tax and spending bill. It is currently anticipated
Here are seven quick things you should review in every contract to help you protect your interests. 1.The Parties The
As a valued partner to DBL Law, BakerHostetler’s International Disputes practice team will present the first program in a series
This article was written and published by Canadian Underwriter, Canada’s Insurance and Risk Magazine. Insurers in the United States will face
Article written by Shelly Sigo and originally published by The Bond Buyer Thursday, August 27, 2015 Kentucky is financing a
In a recent decision, the Kentucky Court of Appeals sent a clear message to lending institutions. Namely, to carefully examine
In today’s economy, small businesses are increasingly focused on their bottom line. However, there is one aspect of a small business’s bottom line that is often overlooked until it’s too late: how to make sure it gets paid. With a little preparation, small businesses can minimize past due accounts and develop appropriate mechanisms to collect problem accounts.
In these economically unstable times, companies are increasingly experiencing problems with customers who make payments to them and then file bankruptcy. If a customer pays your company and then files a bankruptcy petition within 90 days of making the payment, the customer’s bankruptcy trustee may demand that you return the payment to him. A payment made by a debtor within 90 days before he files bankruptcy is called a preference.
The Protecting Tenants at Foreclosure Act (PFTA), enacted in 2009, continues to be relevant as foreclosure filings remain high. Under the PFTA, the new property owner following a foreclosure cannot evict a month-to-month tenant for 90 days or, when a lease is in effect, until the tenant’s lease ends except when the new property owner is going to use the rental property as his or her primary residence.
Case Study: A bankruptcy Trustee threatened to file suit against a manufacturing client to recover alleged preferential funds for a debtor. DBL attorneys argued that the funds were not preferential and convinced the Trustee to drop the suit.
When residential tenants vacated a home they had rented for several years they owed several months back rent to the landlord. In addition, significant damage had been done to the premises by the tenants, requiring the landlord to incur expenses for the cleaning and repair of the premises.
Periodically, banks confront cases or threats of litigation that could do serious damage. These so-called “bet-the-company” cases require trial counsel skilled in handling complex matters. When a serious lawsuit is threatened, what should management do?
Under the Kentucky and Ohio statutes governing wage garnishments, an order of garnishment received by an employer creates a lien on all disposable and nonexempt earnings earned by the specific employee at the time the employer is served with the order of garnishment. It is very important for an employer to respond to a wage garnishment order in a timely fashion.
The number of individuals filing bankruptcy has increased significantly during the recent economic downturn. The National Bankruptcy Research Center reported a 32% increase in personal bankruptcy filings from 2008 to 2009, and that increase was followed by a 9% swell in personal bankruptcy filings from 2009 to 2010.
In today’s economy, companies are more frequently faced with a dilemma over the best way to handle collection of outstanding account receivables. Obtaining a court judgment against an individual or company can significantly increase a company’s likelihood of recovery on delinquent accounts.
Commercial lenders and borrowers are cautiously optimistic that an uptick in lending will materialize in 2010. Spreads on commercial mortgage
Unless your company operates on a strictly cash basis, you have accounts receivable. What most companies do not understand is