This month’s Business Bytes highlights fake reviews, business interruption insurance, and full disclosures.
Fake Reviews. Consumers’ increasing reliance on a business’ online reviews make those reviews and the ratings they generate increasingly important to businesses. Unfortunately, bad actors or unscrupulous competitors can post negative, damaging, and false reviews, often anonymously. Although difficult to find the culprits, courts are beginning to recognize claims for the harm caused by false reviews. READ MORE.
Business Interruption Insurance. Deciding the amount and type of business interruption insurance is part science and part art. The science is determining the scope, areas, duration, anticipated loss, and expense of a business interruption. The art is selecting the right policy, evaluating the risks, and deciding how much you are willing to pay for this protection. READ MORE.
Full Disclosure. Like your doctor, your business lawyer needs to know all of the facts and your goals to properly advise and represent you in any situation. Withholding information, like concealing health systems, can be fatal to your business or your case. As disclosures to your counsel are usually confidential pursuant to the attorney/client privilege, always be open and honest to maximize the benefit of counsel. READ MORE.
