Fresno Attorneys receive Super Lawyer and Rising Star Honors

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 … [Read more...]

René Lastreto on "Cross-Border Collections" Panel

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 … [Read more...]

High Court Says Concealment of Assets Can Take Away Important Right in Bankruptcy

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 … [Read more...]

Unsecured Creditors – Challenges after Bankruptcy Reform

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? by Alane Becket 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 … [Read more...]

Securing Multiple Debts by One Deed of Trust: Maximize Recovery with Dragnet Clauses

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 … [Read more...]