Before signing a commercial loan agreement or agreeing to an LOI, be sure to review and negotiate the terms with particularity. Loan documents are prepared by the Lender’s attorney. Thus, many terms may benefit the Lender, but limit protections for Borrower. Below are just some of the most consequential terms that you should read and…
Continue reading…New Insurance Brokerage – Hotel Owner Insurance Policies
DPA Attorneys at Law has partnered with Whiteboard to provide insurance specifically for hotel owners. Proper insurance will protect you from frivolous litigation. We are seeing a huge increase in litigation against hotels. It is important for business owners to be proactive. We can ensure your policy gives you a strong line of defense against:…
Continue reading…COVID-19 EPIDEMIC, Frequently Asked Questions
Question: Does insurance cover my losses? Potentially. Many policies have a pathogenic or virus exclusion that prevents coverage of COVID-19 losses. Potentially. Many policies have a pathogenic or virus exclusion that prevents coverage of COVID-19 losses. Question: What if I can’t meet my outstanding obligations? Contact your creditor before payment is due. Many banks, lenders,…
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