Understanding Insurance Coverage Disputes: A New York Business Perspective
Common Types of Business Insurance Policies in New York Understanding the various types of business insurance policies is crucial for New York businesses. Each policy offers different protections and coverage for unique risks. Here are some common types of business insurance policies: General Liability General liability insurance protects businesses from claims of bodily injury, property […]
The Importance of Contract Drafting: Avoiding Common Pitfalls in Business Agreements
Understanding the Role of Contracts in Business Contracts serve as the backbone of business relationships. They outline the terms and conditions agreed upon by the parties involved. A well-drafted contract clearly defines each party’s responsibilities and expectations, creating a solid foundation for cooperation. By establishing clear guidelines, contracts help prevent misunderstandings and disputes. Contracts also […]
Understanding the Appeals Process in New York: A Guide for Businesses
Timeframes for Filing Appeals Understanding the timeframes for an appeals process in New York is crucial for businesses. Missing a deadline can jeopardize your chances of a successful appeal. Here are the key points to consider: General 30-Day Rule for Most Court Appeals Most court appeals in New York require you to file a notice […]
How to Navigate Business Litigation in New York: Tips for Small Business Owners
Understanding Business Litigation in New York New York Business litigation can arise from various issues. Small business owners need to understand these common disputes to protect their interests effectively. Common Types of Business Disputes Contract Disputes: These involve disagreements over the terms of contracts. Issues may include breach of contract, non-performance, or disputes over interpretation. Employment […]
Are Verbal Agreements Legally Binding in New York?
In New York, many people and business owners rely on verbal agreements for everyday or informal transactions. Verbal agreements can be legally binding, but for them to be considered binding agreements, certain specific circumstances and requirements must be met. Unlike written contracts, verbal agreements lack the clarity of documented terms which can lead to disputes […]
What To Do Before Signing A Commercial Lease
Signing a commercial lease is a significant undertaking. While it gives a business rights to use physical property for a set time, major obligations are attached to it. There are a few critical steps you need to take before you enter into such a contract. Are you looking to sign a lease for your company? […]
What Does the New York Adult Survivors Act Mean for You?
On November 24, 2022, the Adult Survivors Act (“ASA”) was enacted in New York State. New York’s statute of limitations for civil actions arising out of sexual offenses against people over 18 years old has been amended by the ASA. The ASA amends the statute of limitations in New York for civil actions arising from […]
Common Reasons (Valid or Not) a Home Insurance Claim Is Denied
You purchase homeowners insurance to protect one of life’s biggest investments. You expect that should you ever need to file a home insurance claim, you’re safe. Reasonably, when the home is damaged or destroyed, you expect to be covered. In many cases, however, the insurer will deny the claim. And while the denial may be […]
What is a Breach of Contract
Two or more people may enter into an agreement to achieve specific business goals. This is called a contract in legal terms. A contract is an agreement between two or more persons that has specific terms. It promises to do something in exchange for a valuable benefit. A breach of contract occurs when this agreement […]
How to Start a Food Business From Home in New York
New Yorkers have an entrepreneurial spirit, and they start numerous businesses every year. Some of those businesses have to do with food. In recent years, the food industry has seen a rise in home-based food businesses. Platforms like Shopify have made it easier for people to sell food online. However, because of public health and […]
