Understanding Borrowers’ Claims Against Lenders

Losing its business and having to repay its debts can compel a bitter borrower to retaliate against a lender, blaming the lender for its default. Jeffrey Wurst notes the courts do not always favor borrowers, as a recent suit filed against MB Financial Bank demonstrates.

Financing Government Receivables: State Governments Subject to Notification Like Other Account Debtors

Assigning payment rights is a basic concept that enables borrowers to obtain working capital. However, matters can be more complex when working with government departments. Jeffrey Wurst explains a recent decision in a Florida appellate court that requires state government departments to make payments when the debt has been reassigned to a factor if proper procedures have been followed.

Ruskin’s Wurst Named Among Top Long Island Attorneys

Jeffrey A. Wurst, a senior partner at Ruskin Moscou Faltischek and chair of the firm’s Financial Services, Banking & Bankruptcy Department, was named to the Long Island Pulse Magazine’s list of top 10 area attorneys.