An uninsured or underinsured motorist claim is one that you file to your own insurance company because you experienced damages in an accident caused by a driver or vehicle that wasn't covered or fully covered. If you have the proper uninsured or underinsured additions on your own policy, the theory is that your insurance company should pick up the slack and help you cover your losses.
Restraint of trade is technically any action that inhibits the ability of another to engage in business practices they would normally be able to. Restraint of trade doesn't refer to actions that block illegal business activity. In some cases, restraint of trade is allowed because it is considered reasonable, but often restraint on someone else's business can lead to business torts and litigation.
If you're an experienced property owner or you've been in the commercial real estate business for years, you might be able to navigate some of the legal and financial waters without assistance. That doesn't mean that experienced backup or help isn't important as you deal with commercial real estate transactions. Here's a look at just some of the things that could go wrong as you buy, sell or lease property.
Lehman Brothers Holdings went bankrupt in 2008, sparking global financial issues and making discussions about banking practices a household affair for months. Since that time, Lehman Brothers has filed suit against JPMorgan, alleging that the bank took certain actions in the days leading up to the bankruptcy that caused Lehman Brothers to lose critical liquidity. That loss of liquidity hurt other Lehman Brothers creditors; allegations are that JPMorgan gained a "windfall" while other creditors lost out.