Stark & Stark shareholder Thomas S. Onder, member of the Commercial and Industrial Real Estate, Litigation and Bankruptcy & Creditor’s Rights Groups, authored the article titled “Disaster Planning: Ensuring Landlord Insurance Issues Are Covered,” published on GlobeSt.com on Monday, October 28, 2013.
The article discusses how important it is for landlords, owners, and developers to ensure that they are appropriately insured in the event of a disaster, like Superstorm Sandy. Being properly insured not only reduces risk, but also helps manage risk correctly after a disaster occurs. Mr. Onder lists a few steps that must be taken to assure that you are appropriately prepared.”
Mr. Onder says, “Reducing risk is a part of life. The key is to not only reduce it, but also appropriately manage it. Sound legal counsel review of your insurance policies and procedures can save an enormous amount of time, effort and money when dealing with disaster…. Strategizing with knowledgeable legal counsel now is essential to keeping you ahead of the curve in the real estate market.”
To read the full article, click here.