Finding the right Bronx NY Commercial Litigation firm can be tricky, and it doesn’t only begin with analyzing the firm and making sure that it’s the right fit for your needs. It can begin with simply figuring out the right terminology to use when beginning your search.
What is a Bronx NY Commercial Litigator? Basically, it’s the same as a Bronx NY Business Lawyer, but lawyers love to use very precise language. Of course, the term business lawyer is the short answer, and like any short answer to a direct question, the long answer is complicated and packed with details. Business law is made up of a number of areas, and you should understand which area your claim falls into and what kind of lawyer you will need.
As a full-service business law firm, Feiner & Lavy covers many areas of commercial litigation, but our focus is on SMEs, or small and mid-size enterprises. The areas of law that we focus on are those that are commonly part of SMEs, many of which are mom-and-pop shops or general contractors or other kinds of small businesses. Most of the cases we work on are in these areas:
Bronx NY Breach of Contract Lawyer: Contracts are binding! This is basic. When one party agrees to deliver goods or services and another party fails to make the agreed upon payments on time or at all, or if the payments are made and the goods and services aren’t delivered as promised, then a breach of contract has occurred. A Bronx NY Breach of Contract Lawyer is needed if you are one of the parties in a dispute and you could not work it out. If this has happened to you, call Feiner & Lavy today!
Bronx NY Business Tort Lawyer: In broad terms, a tort is an infringement of someone’s rights, but in business terms it occurs when one business causes injury or harm to another. In a sense, this is very similar to a breach of contract in that one party has failed in its obligations in a relationship. Business torts are actionable in civil court, where if you were judged to have been wronged you could be eligible for a substantial settlement. If you believe you have been wronged in a business transaction, you need an excellent business tort representation to protect your rights. The right firm for the job is Feiner & Lavy!
Bronx NY Partnership Break-Up Lawyer: Business partnerships, like marriages, begin with the best of intentions and a bright horizon. Unfortunately, like some marriages, partnerships can end up in divorce court. The dissolution of a partnership can be a lengthy process, especially if there isn’t an agreement on how to end a partnership. Remarkably, business partnerships break up at a clip that’s 20-30% greater than marriages. (Currently, 15% of marriages end in divorce, so figure somewhere around 40% of business partnerships will also hit the skids.) And, like marriages, there are debts to be settled, assets to be divided, and a company with ongoing operations to be wound down. If you and your partner are going to call it quits, call a Bronx NY Partnership Break-Up Lawyer at Feiner & Lavy to ensure that you have the best representation in your corner.
Bronx NY Mechanic’s Lien Lawyer: First, this does not have to do with the guy who fixes your car. A Mechanic’s Lien is a method to create a guarantee of payment. Essentially, it’s the right to have outstanding debt satisfied, and you may be familiar with it through the lien a lender, such as a bank, holds against a home in a residential mortgage. The Mechanic’s Lien is a legal mechanism that is applied to construction firms, contractors, builders, subcontractors, and material suppliers that ensures that the back wages of workers are paid first in the event of a business default and liquidation. If you’re a worker and are being denied your wages even though you know the boss is getting paid for selling off his equipment, you and your co-workers could have an excellent case, and you should contact a Bronx NY Mechanic’s Lien Lawyer at Feiner & Lavy as soon as possible.
Bronx NY Restrictive Covenant Lawyer: A Restrictive Covenant, for our purposes, relates to employment law and is better understood as a Non-Compete Agreement. Some employers have seen fit to write elaborate non-competes that they make employees sign as part of an onboarding package or these are amended later onto an employment agreement. These are not always enforceable. The problem with most non-competes is that you have a right to earn a living, and an employer may be trying to use this punitively once you have decided to quit. If you have left a job and your employer is telling you that you cannot work because of a non-compete, you probably have a good case with some damages forthcoming and should contact a Bronx NY Restrictive Covenant Lawyer at Feiner & Lavy as soon as possible.
Bronx NY Banking Dispute Lawyer: Banking law is complicated and is especially sophisticated in New York. There is a concept called “lender liability”, where the lender can force action upon a borrower that can lead a business to doom. Business owners certainly understand that late or delinquent invoices can mean a cash-flow crunch, and many are reliant on short-term credit to pay for their expenses, like payroll. When the underwriter of those short-term loans makes certain demands, it can lead to catastrophe. In one recent case, a borrower was forced into bankruptcy because the financer (in this instance a factoring company) did not advance funds in good faith and as promised by the agreements in place. The company failed and was forced to liquidate. The failed company’s owners sued, and the lender was found liable for the company’s failure and had to pay in damages the full value of the business, lost profits, anticipated new revenues, and other expenses including legal fees. If you feel you are in a similar situation and your business is failing because you’re getting the squeeze unfairly from a lender, call the top Bronx NY Banking Dispute Lawyers at Feiner & Lavy to protect your rights.
Bronx NY Failure to Pay Promissory Note Lawyer: This is an area that is very similar to a banking dispute except that in this instance the lender isn’t the bank. Many transactions involve private loans between parties, for instance, people who collect money from friend and relatives to start a business, like flipping houses. This is not uncommon, and it’s a good way for people to make money. The loans tend to be short in duration, and the terms often include a significant equity stake plus some interest. If you’ve gotten involved in a business where you’ve lent your hard-earned capital and the borrower has failed to repay according to your agreement, you need a Bronx NY Failure to Pay Promissory Note Lawyer, and Feiner & Lavy is just the firm to help.
Bronx NY Insurance Dispute Lawyer: Your insurance policy is a contract, and it obligates insurance companies to meet certain obligations. Unfortunately, there are times where insurance companies act in bad faith in an effort to avoid paying a claim. You know this and we know this, but when it’s done to a thriving enterprise, like your business, it can lead to your business failing. It’s not only denying claims, but underpaying settlements, delaying or postponing payments, deceptive practices or intimidating or threatening tactics. This is unconscionable, and sometimes it can constitute fraud! The insurance company knows that fighting them can take a long time and a lot of money. The Bronx NY Insurance Dispute Lawyer at Feiner & Lavy is ready to fight the insurance company to make sure you get what is rightfully yours.
Bronx NY Alternative Dispute Resolution Lawyer: Alternative Dispute Resolution (ADR) is a method of resolving a dispute without having to go to court. Many businesses choose this option because it’s faster and less expensive than mounting a lengthy trial. ADR methods include arbitration, mediation, minitrials and other alternative methods to resolve a dispute. The Bronx NY Alternative Dispute Resolution Lawyers at Feiner & Lavy stand by our clients and negotiate hard with the opposing party to get you the best resolution possible.
If you’re asking that question, you need a commercial litigation firm. The key point to understand is this: Business lawyers do a host of things, but the key point is that the parties having a dispute are businesses or business interests as opposed to individuals. These disputes typically involve the topics we explained above, and the differences, while they can seem subtle, can cost you dearly if you don’t have the right legal team working for you.
At Feiner & Lavy, each of our partners has a legal area in which they specialize, including one partner who holds an MBA in addition to a law degree. We are top-notch negotiators, we know how to size up a business problem, and how to search for solutions. We are a law firm that brings both strength and flexibility to each situation. Our approach gives us a special vision that enables us to dig deep into your dispute, figure out the real value of your case and help you to hopefully negotiate a very favorable settlement without going to court.
At the end of the day, you are the client, and your needs must be paramount. It’s this attitude that brings people to the Bronx NY Business Law Firm of Feiner & Lavy, and why people choose us to represent them.
When people involved in a dispute retain a law firm, they often think they are heading to court. “Not so fast,” we say! The best outcome is if we can reach an agreeable settlement between both parties.
The lawyers at the Bronx NY Business Law Firm of Feiner & Lavy understand that there are hurt feelings and a desire to take revenge or get even with the opposing party, but our job is to get you to resolution with the best settlement and in the shortest amount of time. You probably don’t want to file a ton of motions that will cost you assets you wanted on your side of the balance sheet just to hurt the other guy. This is why negotiation is the first tactic we bring to the forefront when we pursue commercial litigation. We will figure out the range of the settlement that you are comfortable with and will work tirelessly to swing the pendulum as far to your side of the equation as possible. Our hope is that we can do this without going to court.
Reputational damages, like pain-and-suffering in a personal injury case, can factor into a settlement. One way or another, we will make the other party pay, but we feel that hitting them in the wallet is generally a much better strategy than dragging them to court to make a point or satisfy a grudge.
There are times where that might be necessary, but keep in mind that this is a civil, not a criminal action. Business law or commercial litigation is about how resolve a difference in terms of assets or damages suffered. So, if you lost money because of a breach of contract with another party, and then that other party went on some kind of a scorched earth campaign to damage you, we know what to do. We will put a dollar figure on that and demand that the other party pay. And these are not dollar figures confined to what happened in a small window of time. Because reputational issues coming from a dispute can have ripple effects, this can very well lead to a much higher figure of damages that we will seek on your behalf.
At the end of the day, the core of commercial litigation is about being able to do business, and that’s why you need a law firm that will fight hard for you, will always be in your corner, and will have the right kind of attorneys with the best background on staff leading the charge. This is why you need Feiner & Lavy.
Feiner & Lavy earned its respected reputation in the fields of immigration and personal injury law, and we have expanded our practice by entering the field of commercial litigation. Our staff includes tough, experienced attorneys, including a top lawyer with an MBA, so your interests are certain to be well represented. We partner closely with excellent accounting firms to have expert opinion on call to support your claims of loss, and we have no problem dealing with the most difficult and nasty adversaries. As lawyers, we are the thorough and tough negotiators that you want in your corner.
The reason you are here reading this page is because you have been wronged. Call Feiner & Lavy at 212-571-9200 today so we can protect your rights by helping you to get what you rightfully deserve in your business dispute.