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When Is Mediation or Arbitration a Better Option Than Litigation in Business Disputes?

In the world of business, disputes are inevitable. Whether they involve contract disagreements, partnership issues, or customer complaints, conflicts can arise at any point. When they do, businesses have several options for resolving the matter. While litigation—the process of taking a dispute to court—is one of the most traditional routes, it is often not the …

Apple Defends Siri After $95 Million Privacy Lawsuit Settlement

One week after agreeing to pay a $95 million settlement to resolve a class-action lawsuit, Apple denied its digital voice assistant Siri poses any privacy concerns. The lawsuit claimed Siri recorded private conversations and shared them with third-party advertisers without consent. The plaintiffs alleged that Apple recorded private conversations through the accidental activation of Siri. …

Medicare Negotiated Lower Prices for These 10 Drugs

Under recent federal law, Medicare now has the power to directly negotiate pricing with major pharmaceutical companies. The Inflation Reduction Act (IRA) empowered the Centers for Medicare and Medicaid Services (CMS) to negotiate the prices for certain prescription drugs. The intent was to secure cost savings for the government and ensure seniors’ access to some …

How Does Life Insurance Work and What to Know Before You Buy?

Life insurance is a critical part of financial planning that offers financial protection for your loved ones in the event of your death. However, with various policies available and important considerations to keep in mind, understanding how life insurance works and choosing the right policy can be overwhelming. At Herold Law, P.A., our New Jersey …

Pros and Cons of Settling Insurance Coverage Disputes Out of Court

Financial considerations may strongly influence your decision-making when faced with an insurance coverage dispute. It is essential to assess each case objectively to optimize your financial recovery. Typically, you must choose between settling out of court or proceeding to trial, where a judge or jury will render a decision. Below, we explore the advantages and …

D&O Insurance and Corporate Liability

Directors and officers liability insurance, commonly known as D&O insurance, is an important safeguard for individuals who serve in leadership roles within a corporation. This insurance protects directors and officers from personal liability if they are sued for decisions made within their official capacity. Without D&O insurance, these individuals may be financially responsible for settlements …

Exploring Common Types of Commercial Litigation Cases

Commercial litigation involves a dispute between businesses. Any other business involved in a controversy will likely hire an experienced lawyer to represent its interests, and you should do the same. Commercial litigation can be complex and drawn out; the stakes could not be higher. You should contact an experienced commercial litigation attorney early to provide …

Navigating Settlement Negotiations in Commercial Litigation

Most commercial litigation cases will ultimately result in a settlement between the parties. This is a relief for the litigants, as they have too much risk and legal exposure to leave the case’s outcome to a judge or jury. A settlement allows both parties to exert some degree of control over the case’s outcome, providing …

Herold Law Report on the United States Supreme Court Opinion in the Case of Loper Bright Enterprises et al. v. Raimondo, Secretary of Commerce, et al.,

Herold Law Report on the United States Supreme Court Opinion in the Case of Loper Bright Enterprises et al. v. Raimondo, Secretary of Commerce, et al., Bright Enterprises et al. v. Raimondo, Secretary of Commerce, et al., 144 S. Ct. 2244 (2024) Robert S. Schwartz, Esq. Joseph M. Lemond, Esq. Judicial Limitation of the Powers …

States Buckling to Insurance Industry Demands

States are bowing to home insurers’ demands for insurance rate increases and lesser consumer protections to prevent residents from losing coverage. In the past year, one state stopped vetoing rate requests, while others allowed insurers to reduce storm coverage or expand the types of associated costs when setting rates. A recent Wall Street Journal analysis …

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