What To Do When Your Business Gets Sued (Real Client Story)

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entire life to build." And we recently had a case where a client came to us. It was a

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family-owned business. The father had started it and the daughter was helping him further build

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the business. And they were getting sued not just once, but twice. They had two different lawsuits

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in a pretty limited budget where they needed to be able to get out and resolve these cases. So,

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the first one they were being sued by an insurance company where the insurance company was saying

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that my clients owed the insurance company money because the insurance company had paid out some

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settlement amount to a plaintiff because of something my clients had supposedly done wrong. Now,

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usually insurance companies will fight tooth and nail to get every penny they possibly can

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and they refuse to dismiss cases without getting some amount of money. So, with the first case,

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I'm happy to report that we got that case resolved in less than 2 months and ultimately we got it

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dismissed without any payment to the insurance company. So the clients were thrilled and then

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that left one more case and the clients were still concerned because in that case the plaintiff meaning

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the person who had filed the lawsuit was demanding over $400,000 and the clients were having to pay

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out of pocket and they were concerned that it might bankrupt them and their business including

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losing all of their personal assets. So they were like, "Parag, you have to help us." And I'm very

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happy to report in less than three months, we got their insurance company to step in because the

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insurance company was initially denying coverage. They were refusing to step in to cover any of the

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damages or any of the attorney's fees. And my office and I stepped in. We reviewed the

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insurance contracts. We talked to the insurance company and made sure that they covered the

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clients. And we also made sure that the insurance company knew what would happen if they continued

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to deny coverage to our clients who should have been protected. And ultimately, I'm very happy

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to report the clients did not have to declare bankruptcy and in fact they've got insurance

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coverage on a claim where they were convinced they wouldn't be able to get it. And the company

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is still in business and the father and daughter are still working together. And this is one of the

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many reasons why I love what we do here. If you want to take a look at what the client had to say

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instead of just taking my word for it, take a look in the description below. I'll include a link.