manager liability

Visegrad countries and the Balkans: what managers must know before a claim for damage knocks at the door

Reading time: 15 minutes

A fatal accident at work, a large shipment not reaching its destination because of an unreliable carrier, an high amount invoice going unpaid because of a customer’s bankruptcy, a devastating flood or fire, damages to the environment. These are just some of the risks that, if not properly anticipated and mitigated with appropriate prevention measures, could expose company directors to large claims for compensation and damages, often to be paid … Read more

Emergency evacuation: what managers, business owners and companies directors must know before it’s too late

Reading time: 7 minutes

Managers, company directors and technical staff should definitely be aware that company medical benefits insurance packages may lack a very important extension called medical evacuation. If we cannot be admitted and recovered into an hospital due to a lack of medical personnel or surgeons specialised to treat our case, we run the risk of having to pay the very high costs of emergency air transport either out of our own … 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

International medical coverage: are we sure to be well covered?

Reading time: 3 minutes

Here we are on trip: light hand luggage, fly tickets in our pocket. Are we sure anything is missing? On business trip or on holiday, having a trusted medical coverage makes the real difference! Question: «I plan to go skiing this winter holidays: does my health insurance cover me against accidents?» Answer: Absolutely not. The “Accident” insurance is a completely different type of coverage from “Deseas” insurance. These two events are … 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