Tips for Commercial Tenants Affected by Sandy

Commercial tenants affected by Sandy may be in a difficult situation. Generally a commercial tenant's rights are limited to the rights set forth in the lease. Residential tenants have many rights guaranteed by law. Commercial tenants have very few rights. If a right or obligation is not in...

Bad Faith Requires Covered Loss – No Coverage For Hurricane Ike Flood Damage Absent Flood Insurance

By Barry Zalma, Attorney and Consultant Insured Must Prove a Covered Loss Lexington Insurance Company (“Lexington”) challenged a breach of contract and bad faith judgment in favor of JAW The Pointe, LLC (“The Pointe”). Lexington asked the Texas Court of Appeal to reverse...