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KMK Attorneys Recognized as America’s Best Lawyers

August 15, 2019 | Categories: Firm News | Topics:Tags: , , , ,

Four attorneys from Kohner, Mann & Kailas, S.C. (Robert L. Gegios, Matthew P. Gerdisch, Christopher C. Kailas, and Samuel C. Wisotzkey) were recognized today in the most recent edition of The Best Lawyers in America, the only purely peer-review guide to the legal profession.   Matthew P. Gerdisch, Christopher C. Kailas, and Samuel C. Wisotzkey […]

Credit Where Credit Is Due? Rethinking Strategies for Foreclosure Sales, Credits, and Guaranties

June 18, 2019 | Categories: Firm News, Publications | Topics:Tags: , , ,

In commercial lending transactions, lenders often secure the loan with a mortgage on the business real property. In the event of a default under the loan documents, the lender may elect to foreclose the mortgage securing the loan. The amount paid at the foreclosure sale confirmed by the court (determined by the court to be […]

Important Amendments to U.S. Bankruptcy Code: Modifications to Dollar Amount Thresholds

April 4, 2019 | Categories: Firm News, Publications | Topics:Tags: , , ,

Section 104(a) of the Federal Bankruptcy Code provides for automatic adjustments to certain dollar amounts in the Bankruptcy Code every three years. (11 U.S.C. § 104(a)). The most recent adjustments took effect on April 1, 2019, and apply to all cases commenced on or after that date. Below is a summary of many adjustments that […]

Exemptions and Lien Avoidance Summary

April 3, 2019 | Categories: Firm News, Publications | Topics:Tags: , , ,

(§ 522)—Exempt assets are assets that unsecured creditors (and some secured creditors) cannot reach. Some key points about exemptions are the following: A. Exemptions are for people—not for corporations, partnerships, or LLCs. But, two individuals working together might not be a partnership and each may be able to claim exemptions. (e.g. the “mom-and-pop” business customer) […]

Involuntary Petitions – Forcing a Deadbeat into Bankruptcy

April 3, 2019 | Categories: Firm News, Publications | Topics:Tags: , , ,

The ultimate step in creditor collection brinkmanship is the decision to start an involuntary bankruptcy petition against a debtor. There are myriad reasons to commence an involuntary petition against a debtor. For example, the involuntary may be used as a last resort after all other efforts to obtain payment have been exhausted or appear useless; […]

Preference Defenses: Update on the BAPCPA Reforms

April 1, 2019 | Categories: Firm News, Publications | Topics:Tags: , , , ,

When it was enacted, most publicity regarding the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 (“BAPCPA”) focused on consumer bankruptcy reforms. However, commercial creditors faced with the vexing problem of a preference action in bankruptcy also received some relief. The three most significant changes were touted at the time to offer the following […]

KMK Attorneys Recognized as Super Lawyers

November 13, 2018 | Categories: Firm News | Topics:Tags: , , , ,

Three attorneys from Kohner, Mann & Kailas, S.C. (KMK) (Robert L. Gegios, Matthew P. Gerdisch, and Samuel C. Wisotzkey) were recognized as 2018 “Super Lawyers” in Wisconsin and one KMK attorney (Ryan M. Billings) was recognized as “Super Lawyers – Rising Stars.”   The annual Super Lawyers list, compiled by Thomson Rueters, recognizes no more […]

KMK Attorneys Recognized as America’s Best Lawyers

August 15, 2018 | Categories: Firm News | Topics:Tags: , , , ,

Five attorneys from Kohner, Mann & Kailas, S.C. (David S. Chartier, Robert L. Gegios, Matthew P. Gerdisch, Christopher C. Kailas, and Samuel C. Wisotzkey) were recognized today in the 25th Edition of The Best Lawyers in America, the only purely peer-review guide to the legal profession.   David S. Chartier, Matthew P. Gerdisch, Christopher C. […]

Sad Case for Reclamation Claims in Bankruptcy Scenario: Not Dead but Barely Breathing

April 3, 2018 | Categories: Firm News, Publications | Topics:Tags: , , ,

In 2006, after passage of the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 (BAPCPA), Kohner, Mann & Kailas, S.C. (KMK) questioned whether reclamation claims in bankruptcy had become obsolete even though BAPCPA had doubled the period that a reclamation claim could cover in bankruptcy, from 20 to 45 days. Despite the expansion of […]

Important Bankruptcy Rule Amendments Went Into Effect on December 1, 2017

December 7, 2017 | Categories: Firm News, Publications | Topics:Tags: , ,

The Bankruptcy Rule Amendments Will Have a Significant Impact on Creditors, Including Secured Creditors   Overview   In this bulletin, we provide a brief summary of the many amendments to the Federal Rules of Bankruptcy Procedure (“FRBP”) that took effect on December 1, 2017.  These amended rules will have a significant impact on the rights […]



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