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What Are the Legal Options for Businesses Facing Bad Faith Insurance Practices?

Commercial insurance policies are essential for protecting businesses from unexpected financial losses, whether due to property damage, liability claims, or interruptions to operations. However, when an insurance company fails to uphold its obligations, businesses may face delayed payments, unfair claim denials, or other forms of bad faith. In these situations, knowing your legal options is …

Legal Options When Business Relationships Break Down

Business partnerships, shareholder arrangements, and vendor agreements are built on trust, mutual benefit, and clear communication. Yet, even the most carefully constructed business relationships can falter. Disputes may arise over contract terms, financial obligations, management decisions, or even personal conflicts among partners. When this happens, knowing your legal options is critical to protecting your interests …

What Is the Duty to Defend in Insurance Policies, and How Does it Affect Coverage?

When someone files a lawsuit against you, your insurance company has specific responsibilities outlined in your policy. One of the most important is the duty to defend. This means your insurer must hire and pay for lawyers to represent you when a claim might be covered by your policy. Knowing how this protection works helps …

Top 5 Mistakes Companies Make During Commercial Litigation

Navigating commercial litigation in New Jersey can be a complex and high-stakes endeavor for any company. A legal dispute can distract from core business operations, drain financial resources, and even threaten a company’s reputation. Unfortunately, many businesses, even sophisticated ones, make common missteps that can significantly weaken their case and drive up costs. The New …

Robert S. Schwartz, Esq. Judges ABA Business Law Mergers and Acquisitions National Student Tournament

Robert S. Schwartz of the Herold Law firm was welcomed among the Business Law Mergers and Acquisitions practitioners judging Round 2 of the American Bar Association, Business Law Section’s Mergers and Acquisitions Committee MAC III National Invitational Tournament. This October, for the third time in ABA history, sixty-four anonymous two-person teams from forty-eight anonymous law …

ExxonMobil Takes Insurers to Court Over Benzene Exposure Coverage Disputes

ExxonMobil has sued several insurance companies, claiming they wrongly refused to provide coverage for lawsuits involving benzene exposure. The company says these insurers should be helping to pay for defense costs and settlements related to those cases. This dispute highlights ongoing battles between large companies and their insurers over whether older insurance policies still cover …

How Can Companies Ensure Their Insurance Covers Employee-Related Liability?

Employee-related liability poses significant financial risks to businesses of all sizes. Is your New Jersey business prepared for this? Companies must take proactive steps to verify that their insurance policies provide adequate protection against claims involving workplace incidents, harassment allegations, discrimination suits, and other employee-related issues. This protection requires careful policy selection, regular review, and …

What Are the Most Common Causes of Business Lawsuits in New Jersey?

Owning or managing a business in New Jersey can be rewarding, but it often comes with the reality that disputes may arise. When business conflicts cannot be resolved through negotiation, they sometimes lead to costly lawsuits that can threaten the health of a company. Understanding the most common causes of business litigation in New Jersey …

What Are the Key Insurance Protections for New Jersey Business Owners?

As a business owner in New Jersey, protecting your company from potential risks is a fundamental aspect of maintaining long-term success. The right insurance coverage that addresses key protections can shield your business from financial losses that might otherwise prove devastating. General Liability Insurance is a cornerstone protection for businesses of all sizes. It protects …

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