Allen J. Heffner

Meaningful Insight

Prevention is always preferable to cure.  We always look out for what’s ahead to ensure clients stay ahead of the curve. Our newsletters, seminars, and videos focus on the law so that you can focus on your business.

ANTI-ASSIGNMENT PROVISIONS: ARE THEY ENFORCEABLE AND WHAT TO DO IF YOUR CLIENT’S CONTRACT CONTAINS ONE

By Allen J. Heffner | Apr 23, 2024

While many Account Debtors recognize the value of services provided by Factors and will gladly comply with Notices of Assignment in exchange for smooth transactions with the Client, some Account Debtors have negative views of Factors and have included language in their underlying contracts prohibiting the assignment of the Client’s receivables. Our clients have expressed ANTI-ASSIGNMENT PROVISIONS: ARE THEY ENFORCEABLE AND WHAT TO DO IF YOUR CLIENT’S CONTRACT CONTAINS ONE

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RECENT VICTORIES OF LOREN & KEAN LAW

By Allen J. Heffner | Nov 21, 2023

Loren & Kean Law secured resounding victories for their clients this past month.   First, in an appellate case that centered around a tenant’s claim to possession of real property, Allen Heffner with Bruce Loren, successfully represented a landlord in an appeal by the tenant of the trial court’s order granting summary judgment of eviction. RECENT VICTORIES OF LOREN & KEAN LAW

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THE NOTICE OF ASSIGNMENT: A REFRESHER COURSE

By Allen J. Heffner | Nov 20, 2023

The Notice of Assignment is probably the single most important document for a Factor. Understanding what needs to be included in the Notice of Assignment, how to send it, and who to send it to can mean the difference between getting paid and not. Despite the fact that every Factor is (or should be) familiar THE NOTICE OF ASSIGNMENT: A REFRESHER COURSE

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Case Studies on Recent Factoring Litigation

By Allen J. Heffner | Aug 1, 2022

Factoring clients always ask us what they could have done differently to avoid lawsuits with their Clients and/or Account Debtors. In some cases, the Factor does everything correctly and litigation is inevitable. However, over the past several months, we have had Factors engaged in lawsuits that were largely avoidable if the Factor had taken certain Case Studies on Recent Factoring Litigation

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Why Factors Should Continue Due Diligence on Their Client After Filing Their Financing Statement

By Allen J. Heffner | Mar 28, 2022

One of a Factor’s main protections is its blanket security interest in all the Client’s assets, including the Client’s receivables. The security interest gives the Factor some level of protection that it will be able to be made whole in the event things go sideways. The security interest is most often provided for in standard Why Factors Should Continue Due Diligence on Their Client After Filing Their Financing Statement

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