Daily Briefs

Businessman Pensler runs for U.S. Senate


LANSING, Mich. (AP) — Detroit-area businessman Sandy Pensler is running for Michigan's U.S. Senate seat in 2018.

The Republican, whose buyout firm owns manufacturing plants, said Monday he has hands-on, "real world" experience in private business that is "desperately needed" in the Senate. Third-term Democratic Sen. Debbie Stabenow is up for re-election next year.

Pensler, of Grosse Pointe, is the fourth Republican to join the race. Others include businessman and Iraq War veteran John James, former state Supreme Court Justice Bob Young and Bob Carr.

Pensler says he wants to reform immigration laws and enact trade policies that stop encouraging companies to ship jobs overseas, and he will not go to Washington to "bring back more entitlement programs."

Pensler owns a buyout firm and Korex Companies, which manufactures dishwasher detergent and other products.

 

Bernstein named American College of Bankruptcy Fellow


Douglas C. Bernstein, a partner at Plunkett Cooney, was recently selected as a Fellow of the American College of Bankruptcy.

Fellows are selected on an invitation-only basis. Recommended by the Circuit Admissions Council in each federal judicial circuit, nominees for fellowship are extended a request to join based on a record of achievement in the insolvency process by professionals who have distinguished themselves in their practice and in their contribution to the insolvency field.

“Doug is highly respected by his clients and colleagues because of his expertise, character and integrity,” said Thomas P. Vincent, Plunkett Cooney’s President & CEO. “He represents the highest standard of professionalism in the law, and his selection to the American College of Bankruptcy is well deserved.”

The college board approved Bernstein’s nomination to become a fellow during its October meeting in Las Vegas. He is the only Michigan attorney, as well as the only attorney from the federal Sixth Circuit, nominated for the 2018 class. He will join 21 other attorneys from Michigan who are also fellows in the college.

A member of the firm’s Bloomfield Hills office and the firm’s Banking, Bankruptcy & Creditors’ Rights Practice Group Leader, Bernstein concentrates his practice in the areas of commercial litigation, loan restructuring, commercial loan documentation, bankruptcy, banking-related litigation and appeals.

Prior to joining Plunkett Cooney, Bernstein worked as an in-house attorney at Michigan National Corporation for over 20 years.  He subsequently joined the Standard Federal Bank Legal Department when the bank merged with Michigan National Corporation in 2001.

Bernstein earned his undergraduate degree in 1978 from Wayne State University and his law degree in 1982 from the Detroit College of Law. He has received several honors for his legal work, including an AV rating by Martindale-Hubbell, a leading peer-to-peer professional ratings service, and selection as a Michigan Super Lawyer by Super Lawyers magazine from 2008 to 2017 and a Best Lawyers in America® from 2014 to 2018.

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