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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 …
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 …
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., 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 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 …
Private information belonging to nearly 73 million people was recently discovered for sale on the dark web. They all had one very important aspect in common—they were all customers of AT&T, one of the largest telecommunications companies in the United States. Exposed data included personal identification numbers (PIN) and Social Security numbers, significantly increasing the …
A Continuing Legal Education (CLE) course presented by Herold Law, P.A. Shareholder Robert S. Schwartz, Esq. – “Unusually Important Federal Tax Cases: What Attorneys Need to Know” – is now available online from the National Academy of Continuing Legal Education and the United Institute for Continuing Legal Education. The program highlights six recent federal tax …
If your home or business has been damaged in a natural disaster, you may feel thankful that you purchased insurance beforehand. However, you may find that your insurance may not cover your losses. The fine language of exclusions and riders often determines the actual coverage of the insurance policy. An insurance policy may cover natural …
Delta Airlines plans to seek millions of dollars in damages from Microsoft and CrowdStrike over a software outage which occurred on July 19, 2024. The airline is pursuing damages for an estimated $300 to $500 million for over 7,000 canceled flights, service failures, and other losses. Delta currently faces over 176,000 refund or reimbursement requests …
Understanding the extent of your homeowners’ insurance coverage is crucial. This knowledge can guide you in purchasing the right coverage, potentially saving you from unexpected surprises in the future. However, it is worth noting that dealing with an insurance company over a large claim can still present challenges. What Is Covered in Your Policy? In …
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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