Commercial real estate transactions often involve complex agreements, sizable investments, and high stakes. When one party breaches a contract, the non-breaching party can pursue specific performance or seek monetary damages to resolve the dispute. These two legal remedies represent different approaches to enforcing an agreement, each with its own advantages and...
Category: Commercial Litigation
Emergency TROs in Commercial Disputes: Freezing Assets Before They Vanish
In times of economic uncertainty, businesses often face the risk of asset dissipation during disputes. An Emergency Temporary Restraining Order (TRO) serves as a critical legal tool to prevent such actions, ensuring that assets remain intact pending litigation. An Emergency TRO can freeze assets, such as bank accounts or property, to prevent...
Understanding the Stages of Commercial Litigation in New York City
Despite your best efforts to avoid a lawsuit, you and your Manhattan business are now embroiled in litigation. Although settlement of the suit is always a possibility, the fact is that you should always prepare in case negotiations fall through and a trial is unavoidable. What should you expect from the process...
Trends in Fraud Claims in Commercial Litigation
Fraud infects every aspect of the business world, often leading to lawsuits which are designed to redress the wrong. While fraudulent claims in commercial litigation are certainly not new, nearly every news article on the subject reports a notable uptick across multiple fronts. As this trend continues, both plaintiffs and defendants will...
What Is the Difference Between Corporate and Commercial Law?
Although the terms “corporate law” and “commercial law” are sometimes used interchangeably, there are actually important differences between them. Understanding the distinctions can help you get the appropriate legal advice and representation, whether your organization has transactional or litigation needs.
Manhattan business law is complicated, both in the corporate...
Uniform Commercial Code – What Is It?
The Uniform Commercial Code (UCC) is a comprehensive set of laws and standards that are designed to provide a legal framework for commercial transactions in the United States. Sometimes called the backbone of American commerce, the UCC has been adopted in some form by every state and allows businesses to conduct their...
Regulatory Non-Compliance Bank Litigation
Banks are subject to a number of complex regulations designed to protect consumers and help ensure economic stability. Non-compliance can trigger potentially costly litigation that may result in penalties and legal damages along with secondary effects such as reduced profitability and lost market position. In the event your bank is named as...
Why Hire a Commercial Litigation Lawyer?
Many Manhattan business owners may not consider hiring a commercial litigation lawyer until they face a lawsuit. While defending against legal action is a major role of commercial litigation lawyers, they can also provide a wide range of services to prevent your business from being the target of lawsuits in the...
State vs Federal Commercial Legal Disputes
When your commercial law dispute leads to litigation, one of the first decisions your company will have to make includes determining whether you have a state or federal case.
Key Differences Between State and Federal Commercial DisputesSome of the primary differences between commercial disputes...
What Are Some High Stakes of Litigation?
If you’re ready to take a business dispute to court to defend your rights, the stakes are already significant. Your company’s future could be at stake, along with your personal finances and reputation. When your professional future is on the line, it’s vital to get help from an experienced Manhattan commercial litigation...