By Leo M. Gibbons, Esquire- When one of your customers files bankruptcy, it can cause significant disruption in your own business, especially where you do substantial business with that customer, or it files for bankruptcy owing you a substantial amount of money. The impact on your business includes not only the prospect of not being […]
By Michael G. Louis, Esquire- The first thing to do after being served with a Complaint is to immediately send a copy of it to your attorney and if you don’t have one, hire one. Too often I talk to clients after they have allowed the party suing them to obtain a judgment against them. […]
By Michael G. Louis, Esquire– Anyone that owns a property in Pennsylvania is at risk of having their property sold at tax sale if they don’t pay their real estate taxes for two years. The next year your property will be listed for an Upset Tax Sale. What is a tax sale? There are several […]
By Michael G. Louis, Esquire– What is a Confession of Judgment A confession of judgment is a pleading filed in the Court of Common Pleas of Pennsylvania that gives the Plaintiff an immediate judgment against the Defendant without prior notice and an opportunity to be heard in court by the Defendant. Who Uses Confessions of […]
From the lease agreement, security deposits to eviction actions, landlords need to stay on top of all aspects of landlord-tenant law. This summer, Banking and Finance attorney, Leo Gibbons will instruct two Landlord/Tenant Law sessions for Delaware County Community College. During the 3-hour course, Leo will cover oral and written leases, landlord and tenant duties, the […]
By Leo M. Gibbons The ability to confess judgment is a powerful tool for a creditor. Lenders regularly employ provisions permitting confessions of judgment as a standard remedy where a borrower is in default. The language permitting the lender to confess judgment is contained in a warrant of attorney. While the mere inclusion of the warrant […]
By Christopher R. Sullivan March 3, 2017 Northampton County recently announced plans to address 33 structurally deficient bridges in its jurisdiction by employing a public-private partnership model, which is a first for a Pennsylvania municipality. A public-private partnership (P3) is a business and contractual relationship between a government agency and private companies to finance, construct, […]
March 31, 2016 MacElree Harvey’s Banking and Finance attorney Leo M. Gibbons recently represented defendant, a Pennsylvania based supplier of kegs for the brewing industry, in a breach of contract action brought in federal court by Plaintiff Penglai Jinfu Stainless Steel Products, Co., a Chinese stainless steel manufacturer. In conjunction with filing the action, Penglai […]
By Michael G. Louis November 29, 2008 It truly is crazy out there. I heard on television that twenty percent (20%) of all the homeowners in the country owe more on their home mortgages than their homes are worth. The message I want to give you today is, if you really want to save your […]
