Wildfire Insurance Coverage Issues: Physical Damage and Prevailing on Claims for Business Interruption, Lost Profits, and Indirect Losses

The wildfires which recently raged in and around the Great Smoky Mountains have caused substantial damage to communities and businesses throughout Eastern Tennessee and Western North Carolina.  Wildfires in this area  destroyed hundreds of structures, burned well over a hundred thousand acres, caused substantial casualties, and displaced thousands of people.  These communities are strong and […]

The U.S. District Court for the District of Maryland Emphasizes Need for Narrow Tailoring of Non-compete Provisions

Non-compete agreements have long been a part of the employment terms of executives and senior employees.  More recently, non-compete agreements have also become more and more typical for lower level employees as well.  As these kinds of agreements have become more common, questions about their enforceability have grown in relevance.  While determining the enforceability of […]

Politics and Commercial Law – Trump’s Immigration Stance as Constructive Eviction?

For all the talk of big money and big business and their role in national politics, it’s actually relatively rare for national political issues to intersect with the mundane world of commercial law. That changed last week when a development entity controlled by (and named after) Donald Trump, the poll-leading republican presidential candidate and reality […]

Owner Financing – Debt, Equity, or What?

From paying business expenses out of personal funds, to credit card advances, to cutting a check from a personal account to cover payroll in advance of a progress payment, business owners, particularly owner-operators, often serve as the financing source of first recourse when there is a cash flow deficit.  All other things being equal, an […]

Binding Means Binding (Most of the Time Anyway)

Businesspeople ask for binding arbitration provisions to be worked into their contracts in the belief that arbitration is preferable to traditional litigation in terms of speed, cost, and efficiency of dispute resolution.  Whether or not that belief proves true is usually a function of the facts and circumstances of the particular situation.  However, as Judge […]

Guest Blog: Investing In Commercial Real Estate — Why It’s All About The Interest Rate

Through our guest blogger program, Tayman Lane Chaverri LLP seeks to bring you fresh perspectives on issues of interest to businesspeople and entrepreneurs.  We are pleased to welcome Javier Castro, President and Founder of Westline Commercial Real Estate as this month’s guest blogger.  Javier has over fifteen years of real estate development and business leadership […]

Tayman Lane Chaverri LLP Achieves Substantial Settlement In Fewer Than 60 Days Of Litigation

Tayman Lane Chaverri LLP recently achieved a major victory in a civil action it commenced in state court in Montgomery County, Maryland.  As a result of the Firm’s efforts, TLC’s client, a stone and tile surfacing contractor focusing on large commercial and government construction projects, recovered a settlement worth substantially all of the claims asserted.  […]

New Guidance on the Enforceability of Arbitration Agreements

Clients often like arbitration provisions because of a belief, sometimes true and sometimes not, that binding arbitration provides a quicker, more efficient, and less expensive alternative to formal litigation.  Whether this is true or not is dependent on, among other things, an understanding and analysis of the facts and circumstances underlying the particular transaction in […]

The Devil is in the Details, and the Profit is in the Claims Process

With contractor bids for the Silver Line Phase II project required to be submitted by the end of the day on Friday, April 19, citizens groups, unions, and other interested parties are beginning to ramp up their criticism of the Metropolitan Washington Airports Authority’s intention to award the contract to the lowest bidder among five […]