Although many people use the terms commercial litigation and business litigation interchangeably, they are actually two entirely different things. Business litigation often refers to business formation and liability or insurance claims, while commercial litigation involves business and product liability torts.
When you are going through a business or a commercial litigation case and have an anticipated payout, you may be able to access a portion of these funds ahead of time. Learn more about how these cases work and the amount you could be authorized when you contact High Rise Financial loan specialists to discuss your financial opportunities.
In This Article
Common Types of Liability and Insurance Claims
Some of the most common types of business litigation issues are those involving liability and insurance claims. There are a wide array of types of legal issues businesses can face, some of which could include:
- Fire damage insurance claims
- Hail storm damage insurance claims
- Windstorm damage insurance claims
- Flood damage insurance claims
- Hurricane property damage insurance claims
- Freezing losses
- Burglary lawsuits
- Vandalism in stuffed clams
- Product liability lawsuits
- Slip and fall lawsuits
- Other premises liability personal injury claims
- Other types of personal injury lawsuits
- Motor vehicle accident claims
- Slander and libel cases
With many of these claims, the business itself needs to file a claim with its insurance company due to fires, storm damage, plumbing issues, and external damages caused by criminal activity. However, there are also instances in which business owners can face various types of personal injury claims, including premises liability issues, defective products or drugs, and the use of toxic or dangerous chemicals.
Unfortunately, many of these types of business litigation cases cannot be avoided. You cannot control the weather or criminal activity of others. However, as a business owner, you can take steps to purchase the necessary types of insurance coverage you will need to protect yourself across all avenues.
Or, if you take steps to install the necessary safety and security equipment as well, you should be able to get through the insurance claims process as quickly as possible so you can get back to your business responsibilities.
To apply for free, call (877) 735-0016
Commercial Litigation Actions
Commercial litigation cases can often include many of the previously mentioned types of legal issues that business litigation cases deal with. However, commercial litigation cases often deal with product liability issues and company shareholders. Some of the more common types of commercial litigation cases you may be dealing with include:
- Bad faith litigation
- Breach of contract
- Class action lawsuits
- Consumer fraud
- Cybersecurity breach lawsuits
- Debtor litigation
- Disputes partners
- Environmental litigation
- Intellectual property theft issues
- Interference with business relationships claims
- Insurance disputes
- Land-use disputes
- Personal injury lawsuits
- Product liability lawsuits
- Securities litigation
- Tax disputes
- Unfair competition lawsuits
- Zoning disputes
These are only a few of the different types of commercial litigation cases you might find yourself dealing with. Depending on the type of business you are involved in, you may also find yourself dealing with government claims, anti-trust and other types of complex legal matters.
For this reason, it is essential that you keep your employment records, supplier contracts, and other legal rights protected as part of your commercial and business requirements. It is essential to ensure your commercial business has sufficient insurance coverage to protect your business from liability in the event of a lawsuit. Failure to do so could put your entire company at risk of going under if your commercial or business litigation case is not successful.
Get Access to Your Settlement Funds in Advance
One of the difficulties in dealing with a pending business or commercial litigation case is the fact that you will likely continue to struggle while going through the court process. Not only may you find it difficult to continue supporting yourself and your family, but your business could be at risk.
Fortunately, when you contact High Rise Financial for help, you can obtain a portion of your settlement ahead of time. This way, you can cover your necessary household expenses, pay whatever you must to keep your business open and continue to rebuild your life despite your legal issues.
Requirements for Lawsuit Loan Approval
To get approved for your lawsuit loan, you may have concerns about how strict our criteria are. The good news is we do not handle our legal funding the way bank loans handle traditional interest loans. When you approach a financial institution for a loan, you often need to jump through hoops by providing credit references, having exceptional credit, and proving that you can pay back the loan with compound interest.
Thankfully, our loans are unlike these bank loans. To be approved for a pre-settlement lawsuit loan, you simply need to be a minimum of 18 years of age, have an attorney working on your case, and are anticipating a payout via a settlement in court or through the insurance company. To verify your case, we will speak with your lawyer to determine how much we can safely authorize and legal funding.
As soon as we get the information we need from your attorney, we can get your application approved and get the money sent to your bank in a matter of hours. Then, once your attorney wins your commercial litigation or business litigation case and your settlement comes in, they can pay back your lawsuit loan using the settlement funds you want. However, it should be noted that if your lawyer does not successfully produce a financial recovery in your case, you will not be expected to pay back your legal funds from High Rise Financial.
Call Today for Pre-Settlement Legal Funding in Hours
Obtaining a lawsuit loan is a great way to start moving forward with your life while dealing with pending commercial or business litigation matters. If you are interested in finding out more about how much you could be authorized, reach out to High Rise Financial loan specialists to discuss your individual needs. You can apply now, fill out our secure contact form or call us to get your loan application approved within hours.