Factoring

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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CONGRATULATIONS TO OUR NEW PARTNERS AND OF COUNSEL

By Michael I. Kean | Dec 8, 2023

Loren & Kean Law is proud and excited to announce that Allen Heffner and Kyle Ohlenschlaeger have become Partners and Frank Sardinha has become Of Counsel.  Allen, Kyle and Frank are integral members of our firm who have been instrumental in the growth of the firm over the last 8½ years, and its continued and CONGRATULATIONS TO OUR NEW PARTNERS AND OF COUNSEL

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Understanding Force Majeure Clauses in Contracts

By Bruce E. Loren | Dec 4, 2023

Businesses deal with contracts on a daily basis—employment agreements, leases, construction agreements, purchase agreements, etc. However, even the most meticulously crafted agreements may encounter unforeseen circumstances that disrupt the normal course of business. In such instances, the force majeure clause becomes a vital component, providing a framework safety valve to address unexpected events that are Understanding Force Majeure Clauses in Contracts

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RECENT VICTORIES OF LOREN & KEAN LAW

By Bruce E. Loren | 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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