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New Jersey’s Duty of Good Faith and Fair Dealing in Insurance Contracts

When you pay your business insurance premiums every month, you expect your insurer to honor the coverage you purchased. Many business owners sign insurance policies without reviewing every detail, trusting that their insurer will handle claims fairly if something goes wrong. New Jersey law supports that expectation. Every contract in the state, including insurance policies, …

Differences in Non-Compete and Non-Solicitation Disputes in Business

In business relationships, restrictive covenants are often used to protect important interests when employees, partners, or shareholders depart. Two of the most common are non-compete and non-solicitation agreements. While they are often discussed together, they serve different purposes and are treated differently under New Jersey law. Understanding these distinctions is essential when disputes arise. What …

Robert F. Simon, Esq. Has Been Selected to the 2026 New Jersey Super Lawyers List

Herold Law, P.A. is proud to announce that Robert F. Simon, Esq. has been selected to the 2026 New Jersey Super Lawyers list. This honor recognizes his outstanding work in real estate, land use, and commercial litigation law. Robert F. Simon, Esq. With over 33 years of experience, Robert F. Simon represents clients in land …

How Can NJ Businesses Recover Losses Through Business Interruption Insurance?

Unexpected shutdowns can strain even well-run New Jersey businesses, especially when income stops but fixed expenses continue. Storm damage, fires, and other events can interrupt daily operations with little warning, leaving owners focused on survival rather than long-term planning. Business Interruption Insurance helps replace lost income when a New Jersey business must pause operations due …

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 …

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