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YVSM In The News

YVSM Confirms Chapter 11 Plan for Advanced Patient Advocacy

YVSM successfully confirmed the Chapter 11 plan of liquidation for Advanced Patient Advocacy, LLC (“APA”) on November 26, 2019, before the Honorable Robert A. Gordon, U.S. Bankruptcy Judge for the District of Maryland. As a healthcare revenue cycle management company, APA provided advocacy services benefitting medically vulnerable patients for 19 years.  During the Chapter 11…

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Effective February 2020: New Changes to Bankruptcy Law Will Help Small Businesses

For further information on small business bankruptcies, please contact Lisa Stevens at [email protected] or 443-569-0795. Deciding to declare bankruptcy is never an easy choice.  For small-business owners who wish to keep their companies and reorganize the debt, the decision is even harder because, under the current chapter 11 laws, the process can be expensive, complicated and…

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Judiciary Committee v. McGahn, A Constitutional Study

Executive Power vs. the Power of Subpoena Committee On the Judiciary, United States House of Representatives v. Donald F. McGahn[1] The proceedings leading up to the impeachment of President Trump have filled the news cycle for the last several months.  One of the more interesting legal proceedings related thereto is the case brought by the…

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Bankruptcy Court Finds that Claim Based on Maryland Construction Trust Statute Not Grounds to Except Debt from Discharge Under 11 U.s.c. § 523(A)(4)

Recently, the United States Bankruptcy Court for the District of Maryland held that an alleged violation of Maryland’s Construction Statute was not grounds for excepting the debt from discharge pursuant to 11 U.S.C. § 523(a)(4).  In re Vito, 598 B.R. 809 (Bankr. D. Md. 2019). The individual chapter 7 debtor, Sandra Vito (“Vito”), was employed…

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Maryland Super Lawyers 2019 Recognizes Eight Yumkas, Vidmar, Sweeney & Mulrenin Attorneys

Yumkas, Vidmar, Sweeney & Mulrenin, LLC is pleased to announce that six lawyers have been selected for inclusion on the 2019 Maryland Super Lawyers list and two lawyers have been selected for inclusion on the 2019 Maryland Rising Stars list. 2019 Maryland Super Lawyers Lawrence J. Yumkas—Bankruptcy: Business James A. Vidmar—Bankruptcy: Business Paul Sweeney—Bankruptcy: Business…

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Emerging Issues: Creating and Perfecting Security Interests in Cryptocurrency

With cryptocurrency on the rise, new lenders, such as SALT Lending and Nexo, are entering the market and extending loans to clients for which the borrowers’ cryptocurrency is serving as collateral.  However, these lenders are requiring that the borrower transfer the digital currency to a custodian that provides multisignature wallets to “hold” the currency during…

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Maryland Court of Appeals Holds that Manifest Disregard of the Law is a Ground to Overturn an Arbitration Award

The Maryland Court of Appeals recently reviewed a case in which it was called upon to interpret the Maryland Uniform Arbitration Act (“MUAA”) in WSC/205LLC v. Trio Ventures, 460 Md. 244 (2018).  Specifically, the Court was asked to determine “whether a court may vacate an arbitrator’s decision for manifest disregard of applicable law” even though…

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Advice for Small Business Owners: Question Everything

You start a small business and you run forward – sometimes in a straight line, but usually not, and always at full speed.  You could be fully occupied by your creating, marketing and distributing your product or service, but you still have to worry about everything and everyone else while keeping your eye on profitability…

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