Archive for April 25, 2018
The Earth consists of more water than by land and these numbers are not even close. As a result, large bodies of water are utilized in many aspects of business and profit. This includes shipping cargo, drilling into the ocean, and even using the water for the Navy and other army forces. Here are the some of the facts that surround maritime litigation.
Maritime litigation specifically deals with disputes in water such as potential injuries and the carrying of goods and products. So if there is a shipping accident or cargo is lost, this is where maritime litigation will come into play. As a result, talented lawyers need to help with contract disputes, corporate compliance, environmental law, and much more.
Approximately 90% of all chapter 11 debtors have less than $10 million in assets or liabilities, less than $10 million in annual revenues, and 50 or fewer employees. This is a sentence t