The term business litigation refers to any legal challenges business must respond to or initiates on its own. Whether the other party is a customer, competitor, or former business partner, hiring an experienced business litigation attorney to represent your interests is crucial to the outcome of your case. According to the United States Chamber Institute […]
Read MoreInsurance companies are just like any other business—they want to make money. Unfortunately, they sometimes use their customers to cut costs by denying claims that they should pay. In some circumstances, denials may have some reasonable rationale behind them. In other situations, denied claims may just be an attempt to save the insurance company a […]
Read MoreOklahoma business attorneys work with their clients in ways designed to avoid litigation. Unfortunately, no matter how tightly contracts are drawn, and no matter how strictly state law is followed, disputes will still arise. At our business litigation law firm, clients benefit from the in-depth knowledge of the law that our business lawyers apply to […]
Read MoreUninsured motorist (UM) coverage provides compensation to accident victims when they are injured by a driver who lacks sufficient insurance. UM policies typically reserve the insurer’s “subrogation” rights. This means the UM carrier can seek to recover any benefits paid from the negligent driver or their insurer. If the person covered by the UM policy […]
Read MoreIn any real estate transaction there is a “due diligence” period. This is the time after a contract is signed when the buyer has the chance to inspect the property. If there are any defects in title, such as an inaccurate description of the property, the buyer has a chance to object. If the buyer […]
Read MoreSeattle-based Perkins Coie, which recently worked on a similar issue in New Mexico, will advise the governor’s office in its escalating gambling dispute with most of the state’s tribal casinos. The agreement covers up to $300,000 in legal fees, and Perkins Coie may charge up to $750 per hour. The current dispute between thirty-five tribes […]
Read MoreGet Ready for Winter Damage: Five Items Your Homeowners’ Insurance Policy Should Cover The long range Oklahoma City-area forecast calls for extreme weather in February 2020. Warm weather back-to-back with cold weather, even if there is little or no precipitation, is very hard on homes and other structures. That’s especially true if the structure is […]
Read MoreOn October 22, 2019, the Oklahoma Supreme Court issued its opinion in Loven v. Church Mutual Insurance Company. This case addressed a claim for “intentional interference with a prospective economic business advantage.” The justices held, for the first time, that such claims require a “showing of bad faith.” Lisa Gaye Loven worked as a general […]
Read MoreAll insurance companies have a “duty of good faith” under Oklahoma law. An insurer faces tort liability if they fail to investigate, negotiate, defend, or settle a claim in bad faith. At the same time, judges will not assume an insurer acted in bad faith absent compelling evidence to the contrary. On September 27, 2019, […]
Read MoreRecently, a jury based in Tarrant County, Texas awarded a fracking company more than $5 million in damages in a bad faith insurance claim. In Compass Well Services, LLC v. Great American Insurance Company of New York, the jury determined that the insurance company engaged in unfair settlement practices when handling an equipment damage claim. […]
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