What is a Commercial Claim?

According to the American Lawyers Quarterly (ALQ), a commercial claim “arises from an obligation to pay for goods sold or leased, services rendered, or monies loaned, for use in the conduct of a business or profession.” ALQ is a directory of law firms specializing in collections, creditors’ rights and bankruptcy. Read more…

Hurricane Sandy New Jersey Damage

Hurricane Sandy was classified as both a hurricane and a superstorm; twelve lives were taken, and more than $36 billion in damage to New Jersey, claiming pounds of sand from the beaches. Most coastal towns suffered beach erosion due to Sandy’s waves. Apparently, some beaches were thirty to forty feet Read more…

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How Floods Affect Businesses

The United States has a flood problem. It is now the most common natural disaster in the country, with at least one flood occurring nearly 300 days per year, on average, since 2000, according to an analysis by The Pew Charitable Trusts.  It affects more areas too, as floods are Read more…