April 4, 2017

A Letter Of Credit and the Bankruptcy Paradox: Will It Protect You? – Maybe!

A letter of credit (“LC”) can be a valuable tool in a trade creditor’s arsenal to secure payment of an account and at the same time […]
April 4, 2017

Lawyer Beware: Don’t Get Trapped by the Wisconsin Fair Dealership Law

Introduction   With many creditors their first contact with the Wisconsin Fair Dealership Law (Chapter 135, Wisconsin Statutes) arises when they attempt to collect monies owed […]
April 4, 2017

Forum Selection Clauses and Their Effect in Commercial Collection Litigation

Consideration of Where to Sue in Commercial Collection Litigation When a delinquent account receivable cannot be collected amicably, legal action is indicated. The initial issue is […]
April 4, 2017

Creditors’ Committees in Bankruptcy Cases

Consider the following scenario: The debtor filed a Chapter 11 reorganization case a couple of weeks ago and you just received an invitation from the Office […]
April 4, 2017

Collecting Commercial Debt in the U.S. Need Not Be Daunting

If a business creditor located outside the USA should research collection procedures against commercial debtors situated in the United States, it would likely conclude that it […]
February 10, 2015

Wisconsin Supreme Court Issues Opinion with Strong Potential for Significant Impact on Lenders and Servicers

Overview On February 17, 2015, the Supreme Court of Wisconsin issued its opinion in Bank of New York Mellon v. Carson, 2015 WI 15. This opinion […]
February 1, 2011

New Law Alters Wisconsin’s Litigation Landscape

On January 27th, 2011, Wisconsin Governor Scott Walker (R) signed what is being referred to as the Wisconsin Omnibus Tort Reform Act (2011 Wis. Act 2). […]