A service of the State Bar of Texas, Texas Bar Today features curated news and commentary from Texas legal professionals. Most notably, the network features blogs and articles from select practitioners as content recommended by the State Bar of Texas in its weekly Top 10 List. Raizner Law is proud to have had multiple blog entries highlighted in Texas Bar Today’s weekly Top 10 list showcasing our various areas of practice. The latest blogs to be featured include information on commercial leases during COVID-19, as well as why certain litigation tactics might not be best suited for business interruption insurance disputes.
Commercial Lease Terms: Changes to Expect Amid COVID-19 (Featured Week of 7/31)
The ongoing pandemic has caused many challenges for landlords and their commercial tenants. Among these challenges is whether or not certain terms can be met due to the impact of COVID-19. In Commercial Lease Terms: Changes to Expect Amid COVID-19, our firm discussed potential lease changes landlords and tenants can expect during and following the ongoing pandemic. Additionally, we dove into why landlords should review existing lease terms and what they should look out for, including force majeure provisions, operating covenants, casualty and condemnation provisions, and landlord duties, among others.
Large Scale Lease Disputes Target Major Retailers (Featured Week of 6/12)
While business owners worry about how they will continue to make rent payments each month, landlords are concerned about tenants potentially breaking their leases or refusing to pay rent entirely. In Large Scale Lease Disputes Target Major Retailers, these current and ongoing issues are discussed, as well as the several major retailers that have been seeking rent relief despite having the funds to pay. The blog further delves into likely concerns for landlords, as well as how to handle a force majeure clause that may be present in some commercial leases.
Why Class Actions and Multidistrict Litigation May Not be a Good Fit for Businesses with Solid Business Interruption Coverage (Featured Week of 6/5)
When COVID-19 began, many businesses were forced to close their doors for extended periods of time under local and state government-mandated closures. Because of this, many of these businesses lost and continue to lose copious amounts of revenue. These losses resulted in the filing of insurance claims under existing business interruption policies within commercial property insurance. Insurers are denying these claims for a multitude of reasons, largely due to the fact that in order for business interruption coverage to be triggered, physical damage must be present at either the insured’s property or a nearby business. Because COVID-19 arguably does not result in such damage, many claims have been denied entirely, resulting in some business owners proceeding with litigation against their insurers under class action and multidistrict litigation. In Why Class Actions and Multidistrict Litigation May Not be a Good Fit for Businesses with Solid Business Interruption Coverage, our firm discusses consolidated litigation and why that route may be inefficient due to the broadness of the claims, as well as the specifics regarding state laws and mandates.
Houston, Texas Insurance Claims Attorneys
At Raizner Law, we handle claims against some of the largest companies and organizations in the world. We have garnered a reputation for delivering successful results for our clients, while holding big businesses accountable for their actions. Our lawyers have successfully handled large, complex insurance disputes against every major insurance company. Our attorneys’ national successes help our clients achieve the results they deserve. Contact us today to see how we can help you.