Practice Group Details
Commercial Litigation/Business Disputes
Commercial litigation has long been a mainstay of Fineman Krekstein & Harris's practice. We pursue and defend commercial and business litigation for our clients, and handle cases seeking equitable relief as well as money damages. Our attorneys have a significant working knowledge of finance, accounting, distribution systems and human resources, and often work directly with our cadre of excellent transactional and tax lawyers. We handle commercial litigation in all state and federal courts in the region; and we have frequently represented clients in Philadelphia's Commerce Court. All of our commercial litigators are highly skilled in the use of alternative dispute resolution techniques to achieve cost-effective and creative solutions to business conflicts.
- Fineman, Krekstein & Harris obtained a seven-figure settlement for a client who claimed breach of a shareholders' agreement arising from the refusal of the remaining shareholders to honor the exercise of a put for our client's stock.
- As counsel for a municipal parking authority, Fineman Krekstein & Harris achieved an unprecedented result that required one of the authority's tenants, the operator of an underground parking garage, to perform millions of dollars in structural repairs. Working with world-renowned experts and structural engineers, Fineman Krekstein & Harris won an award from an American Arbitration Association panel, after a protracted trial, ordering the tenant to perform the necessary repairs as well as load tests to assure the safety of the facility.
- In one matter, the Firm successfully obtained the dismissal of RICO claims against our client, the issuer of a private stock offering, while in another case, we were successful in withstanding an effort to dismiss RICO claims brought on behalf of a client in an intra-corporate dispute over control the business.
- The Firm represented a state banking department in connection with the extent of a seized bank’s liability for taking funds to repay a loan from the account holding business, which funds were found due to a superior secured creditor. As liability was highly likely, the Firm focused on limiting damages, and successfully argued to the trial judge that the judgment should be nearly one half million dollars less than the sum claimed by the secured creditor.
- Fineman Krekstein & Harris attorneys successfully represented a bank against claims from a customer that embezzlement by the customer's employee should have been detected by the bank.