Business

Understanding the Most Common Types of Business Litigation

Businesses of all sizes can face different types of disputes, and these disputes can end up as business litigation if the disputes are not resolved. Business litigation can be a lawsuit between two businesses (i.e. vendor and customer), a customer and a business, employee and employer, or even between business partners. Typically, business disputes revolve around a contract or a business relationship where one or both parties are seeking...

What Is the Difference Between Express and Implied Warranties?

It’s possible that when you were in school, history was not necessarily your favorite subject. But to understand express versus implied warranties, a brief history lesson is in order.  Before delving in, however, you’ll be happy to know that Hammerle Morris has practiced business law since 1984 and have a staff of highly qualified and experienced business law attorneys.  How the Uniform Commercial Code Shaped Warranty Law In 1892, as the American economy grew at a rapid pace and...

What is Asset-Based Lending in Real Estate?

Asset-based lending in real estate finance, also referred to as equity-based lending, involves extending a loan that is secured by real estate assets. These assets can include commercial, residential, and industrial properties, as well as land.  For asset-based mortgage lenders, the main criteria for loan approval are the value of the real estate and the amount of the down payment — or the borrower’s equity in the case of a refinance transaction.  To say it another way: in asset-based lending,...
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