legal expenses

Environmental damages: insurance solutions to protect business assets and managers liabilities

Reading time: 8 minutes

Polluter pays: European legislation imposes heavy financial burdens on companies and executives who accidentally pollute the soil, water and air. Let’s clarify the insurance solutions to cover both environmental damage and the responsibilities of executives. The Environmental Liability Directive imposes specific obligations on companies to repair, clean up and restore damage to the natural habitat and biodiversity: land, rivers, lakes, animal species. This is a ‘strict liability’ that imposes an … Read more

Company director: new risks and new insurance solutions to protect your own pocket and job place

Reading time: 7 minutes

Article constantly updated In the event of an error, company directors run the risk of paying out of their own pocket for damages suffered by the company they work for. GDPR sanctions, cyber-attacks, environmental pollution, accidents in the workplace: here is a list of the most important insurance solutions to protect the personal assets of managers. European legislation regarding the liability of administrators applies to all of the following roles: … Read more

Manager’s liability: 7 cases that really happened

Reading time: 6 minutes

Owners of companies and country manager are by law responsible, with their own holding, for damages caused to third parties, or to the company they represent, for failure to follow regulations and standards. Their wrong decisions, as described by the 7 cases here below, may be legally expose directors and officers in front shareholders, business partners, customers and employees. Being without proper insurance cover may expose a manager to pay … Read more

Is your company ready for the surprises of the bad season? Prevention really is indispensable before is too late

Reading time: 8 minutes

Last updated November 2024 The recent devastating floods that hit the Czech Republic, Poland and Spain during this last spring as hot as an endless summer should not make us forget that winter can also hold nasty weather surprises for businesses. Owners and managers of production sites, warehouses, shopping centres and logistics centres are warned: the sudden arrival of a storm, followed by a severe frost or an exceptional snowfall, … Read more

Manager abroad: making decision gets more risky. Which solutions?

Reading time: 3 minutes

Big or small business does not make any difference: in case of fault, even in good faith, we legally have to pay with our own pocket. Even if we are abroad. Increasing risks in businesses: executives and managers always fear the most to occupy a top position within the company. This is the result of a survey conducted by Clifford Chance, one of the most famous London based law firms: … Read more