Archives for January 2013

William T. McLaughlin II has become a shareholder at Lang, Richert & Patch.

Lang, Richert & Patch proudly announces William T. McLaughlin II has become a shareholder of the law firm. Mr. McLaughlin has over 25 years of experience representing clients in complex litigation matters in state and federal courts, both at the trial and appellate levels. He graduated magna cum laude from California Baptist College, and earned his J.D. from the University of California, Hastings College of Law in 1984. He is dual-board certified in Civil Pretrial Practice and Civil Trial … [Read more...]

A Comparison of Avoiding Powers Under California Business Liquidation Strategies

by René Lastreto II1 and Michael J. Gomez2 Those that deal with a troubled business on the verge of liquidation must be aware of the risks. Most are aware that payment of “old” invoices or accounts just prior to filing a bankruptcy may result in preference liability for the business that has collected on the “old” account. But there are other options available to a liquidating business under California law. Two of those non-bankruptcy options are Assignments for Benefit of Creditors and … [Read more...]