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Budget-friendly Spirit Airlines filed for Chapter 11 Bankruptcy protection in November 2024, marking a significant moment for the airline industry. After years of mounting losses, a failed merger attempt with JetBlue Airways, and escalating operational costs, Spirit is now restructuring in an effort to regain stability. Spirit is the first major U.S. airline to file …
Business Owners must protect themselves from liability to the fullest extent possible. Without sufficient coverage, a lawsuit could jeopardize the financial stability of their business. While primary liability insurance provides essential protection, it may not be enough to cover all potential claims. An Umbrella Insurance Policy offers additional coverage, helping businesses mitigate financial risks associated …
This week, a fast-moving wildfire scorched over 8,500 acres in Ocean County, New Jersey, causing sudden evacuations, power outages, and road closures. The scale and speed of the “Jones Wildfire” left little time to prepare, reminding New Jersey homeowners that the impacts of natural disasters extend far beyond physical destruction, especially when it comes to …
Janus Henderson has entered into a major partnership with Guardian Life, giving the investment firm a larger role in managing insurance assets. As part of the deal, Janus Henderson will manage $45 billion of Guardian Life’s bond portfolio. Guardian Life will also invest up to $400 million to support new projects at Janus Henderson, including …
Business partnerships are grounded in trust, mutual understanding, and clear agreements. However, when a partner violates their duties, it can cause significant disruptions and harm the business. In New Jersey, business owners facing a breach of duty by a partner have specific legal options available to protect their interests and ensure the business remains viable. …
Herold Law, P.A., provides a full range of legal services for businesses in New Jersey, New York, and Florida. To speak with a legal professional experienced in your area of need, call 908-679-5011 or complete our simple intake form on our website to schedule a consultation. While located in Warren, New Jersey for the convenience of our New Jersey clients, we also serve clients in New York and Florida.
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