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Understanding Breach of Contract Claims in Commercial Litigation

A contract is a legally binding document. In a contract, each party promises to do or not do something. When there is a valid contract, each party has the legal right to enforce it. If they do not believe that the other party is living up to the terms of the agreement, they can file …

Understanding Insurance Policy Basics: Key Terms and Concepts

When you purchase an insurance policy, you expect the insurance company to cover the losses you suffer. In practice, it does not always work that way. You are currently involved in a complex contractual relationship with the insurance company. It helps to be familiar with the essential terms and concepts surrounding insurance so you can …

Key Considerations for Choosing the Right Attorney for Commercial Litigation

The right attorney can make a significant difference in your commercial litigation case. Different attorneys may handle cases in varying ways and may not have the same advocacy skills. While you may not have much time to hire an attorney, you still need to be deliberate. Here are some things to consider when hiring an …

Why Your Homeowners Insurance Costs Keep Rising?

If your homeowners insurance premiums seem to keep rising, all you need to do is check your new mortgage statement each year. There, you will see the additional amount you must pay for coverage. There are reasons why your coverage costs you more each year, many of which relate to increased costs and expenses that …

The Role of Alternative Dispute Resolution in Commercial Litigation

Few commercial litigation disputes will go to trial. Some cases may be dismissed, while others may be settled. Alternative dispute resolution (ADR) is one way to resolve your commercial litigation case. Your attorney may advise you to consider ADR. ADR Can Resolve Your Case for Less Money ADR helps bring the two parties together when …

Common Causes of Commercial Litigation Disputes and How to Avoid Them

Litigation can be distracting for any business. Officers and directors must devote time and resources to defending against the lawsuit. There is a chance that a company can avoid litigation by getting legal help before any dispute reaches the point of litigation. Here are some common causes of commercial litigation so you know potential pitfalls. …

Navigating the Commercial Litigation Process: A Step-by-Step Guide

Commercial litigation can be a drawn-out process. A case could last several years from beginning to end. It is essential that you have an understanding of the process beforehand so you know what to expect. Here is a broad outline of the steps in your commercial litigation. Pre-Litigation The two parties are often involved in …

Unusual Occasions to Get Money Back from the IRS

Robert S. Schwartz, Esq. and Joseph M. Lemond, Esq. In March we wrote to you about an unusual occasion to get IRS penalties paid money back from the federal government on account of a February U.S. Supreme Court decision in favor of the taxpayer owning overseas bank and investment accounts.  This time we point out …

Common Insurance Claim Denials and How to Handle Them

You may feel relieved because you have an insurance policy if you have suffered a loss. However, the situation may become stressful if the insurance company denies your claim. The insurance company must give you a reason when they deny your claims. Here are some reasons why insurance companies commonly deny claims and what you …

NEW JERSEY ENACTS SIGNIFICANT TAX LAW CHANGES

Robert S. Schwartz, Esq. Governor Murphy and the New Jersey Legislature worked together this year to enact significant tax legislation. One aspect creates a property tax relief tax program for senior citizens via the Gross Income Tax Act (“GIT Act”). One aspect makes numerous changes to the Corporation Business Tax Act (“CBT Act”). In the …

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