Fresno Attorneys receive Super Lawyer and Rising Star Honors
October 9, 2009
Super Lawyers and Rising Stars are honorary titles bestowed upon a select group of the most distinguished attorneys by the San Francisco publication, Law and Politics. Lang, Richert & Patch proudly recognizes its 2009 Super Lawyers and Rising Stars. Attorneys earn this distinction after being evaluated in a multi-phase process that involves peer nomination and third-party research, which rigorously evaluates the nominees. Renowned authorities esteem this complex process of selecting top lawyers and deem it legitimate. As a result of its selection criteria and in-depth research process, Super Lawyers and Rising Stars are among the most noteworthy, if not best, client representatives in the state and leaders in the legal community.
The Super Lawyers process is complex and recognized as a bona fide system of identifying the top lawyers in respective practice areas. The publication ensures quality selection by employing 12 indicators of peer recognition and professional achievement, including verdicts, settlements, transactions, representative clients, experience, honors, awards, etcetera..Once the final selections are made, only 5 percent of lawyers in each state make the published list of Super Lawyers, and no more than 2.5 percent are named as Rising Stars.
Lang, Richert & Patch continues to maintain its reputation as “The Firm of Distinction”, with five attorneys earning the title of Super Lawyer and two others being named as Rising Stars. The Super Lawyers hailing from Lang, Richert & Patch include; personal injury and wrongful death specialist Robert L. Patch II, construction and complex litigation attorney Val W. Saldana, bankruptcy and insolvency advocate Rene Lastreto II, employment and labor law attorney Charles T. Taylor, and construction law specialist Mark L. Creede. LR&P further recognizes Rising Stars, Matthew W. Quall, construction litigation attorney, and Craig B. Fry, corporate and business transactions and bankruptcy specialist.
The selection of Super Lawyers and Rising Stars from Lang, Richert & Patch represents the broad and diverse set of skills and backgrounds the firm brings to litigation matters. The seven Super Lawyer and Rising Star honorees represent two thirds of the lawyers currently practicing with Lang, Richert, & Patch and is by far the largest contingent in the Central Valley. Attorney Val Saldana commented that the title is, “as much an honor for the entire firm, as it is for the individuals involved”. Saldana further noted, “we have always taken a collaborative team approach to our complex litigation matters.” The multiple Super Lawyer and Rising Star distinctions demonstrate Lang, Richert & Patch’s ability to provide aggressive and effective results to a wide range of client demands.
Lang, Richert & Patch has strived for more than 40 years to provide its clients with premier legal services through establishing an open and collaborative environment while maintaining a result driven mentality. The experience and expertise of the firm has earned the respect of both the local and legal communities. The firm also received the prestigious, Martindale-Hubbell AV-rating, which is the highest peer rating for ethics and ability. Looking ahead, Val Saldana notes that, “we have worked hard to achieve preeminent status in the business litigation and bankruptcy departments. And we intend to keep on building.”
René Lastreto on “Cross-Border Collections” Panel
September 28, 2009
On October 1-4, 2009 Mr. René Lastreto will be participating as a faculty member in the 36th Annual Association of Business Trial Lawyers Seminar at the Broadmoor Resort in Colorado Springs, Colorado. The topic for this years’ seminar is “Lost in Translation: Cross-Border Litigation Tactics and Strategies.” Mr. Lastreto will be on a panel discussing the topic “Cross-Border Collections: You Won. . . Now What?” The topics that he and the panel will be presenting include how to collect/enforce foreign judgments and enforcing judgments internationally. In addition, Chapter 15 of the Bankruptcy Code will be discussed.
High Court Says Concealment of Assets Can Take Away Important Right in Bankruptcy
February 22, 2007
Pete Yost
The Associated Press
February 22, 2007 – The Supreme Court ruled Wednesday that a financially troubled small-business man gave up an important right under the federal bankruptcy code because he failed to disclose all of his assets as the law requires.
In a 5-4 decision, the Court said Robert Marrama of Gloucester, Mass., could not convert his bankruptcy case from one chapter of the code to another, as the law ordinarily allows.
The reason, the Court said, stemmed from his failure to disclose a Maine vacation home placed in a trust. Marrama, who operated a flooring company, listed the value of his interest in the property as zero, according to papers in the case.
Unsecured Creditors – Challenges after Bankruptcy Reform
January 14, 2007
Bankruptcy reform is sure to have an impact on the debt purchasing industry for years to come. But what are the key points that debt buyers need to look at?
With the passage of the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 (BAPCPA), fundamental changes in how distribution of a debtor’s income will be made during a bankruptcy case went into effect. Unfortunately, touted as a “creditor’s bill,” an analysis of BAPCPA has uncovered several examples of the law of unintended consequences. Indeed, credit card companies and other unsecured creditors, and those who purchase this type of account, should proceed with caution when making projections based on media hype and rumor.
When analyzing and anticipating the net result of BAPCPA for a creditor or debt buyer’s bottom line, it is one thing to make general predictions about recoveries, but another to understand why the changes will occur and what can be done by unsecured creditors to make a positive difference for recoveries. This article will focus on some of the major changes made by BAPCPA and their effects on unsecured recoveries.
Securing Multiple Debts by One Deed of Trust: Maximize Recovery with Dragnet Clauses
January 3, 2007
By René Lastreto, II
Lang, Richert and Patch
A “dragnet clause” is a contract provision stating that a mortgage secures all the debts that the mortgagor may at any time owe to the mortgagee. California courts have upheld the general validity of dragnet provisions. Union Bank v. Wendland, 54 Cal.App.3d 393, 398 (1976). They also recognize the risk that such provisions may be included in a trust deed or mortgage without the debtor’s knowledge or understanding. “Clauses such as this are often termed ‘dragnet’ or ‘anaconda,’ ‘as by their broad and general terms they enwrap the unsuspecting debtor in the folds of indebtedness embraced and secured in the mortgage which he did not contemplate… ‘….” Wong v. Beneficial Savings & Loan Association, 56 Cal.App.3d 286, 292 (1976) emphasis in original.