When is it appropriate to conduct a policy limits trace?
A policy limit trace is an inquiry to determine the maximum amount of money an insurance policy will pay out in the case of a claim. It is particularly relevant in situations involving litigation or settlement negotiations where an individual’s or entity’s insurance coverage may play a crucial role. Knowing the policy limits can inform lawyers and claimants about whether potential recovery amounts from the insurance policy are aligned with the damages sought.
5 Essential Tools for Financial Compliance in Law Firms
Law firms know better than most that compliance is a fundamental part of operating in a way that won’t get penalized by regulatory bodies – and this certainly applies to the finance side of the coin.
The Illusion of Affordability: How ‘Buy Now, Pay Later’ Schemes Influence Our Spending Decisions
The lure of instant gratification is a powerful force that has long captivated consumers. With the rise of “buy now, pay later” (BNPL) financing options, this temptation has only grown stronger, enticing us to indulge in purchases that may ultimately stretch our budgets thin and compromise our long-term financial well-being.
Property Development Finance Explained
Property development finance is a cornerstone of the real estate industry, providing the crucial support developers need to bring their projects from blueprint to reality. This specialised form of financing is designed as a short-term loan, tailored to cover the comprehensive costs of land acquisition and construction. It serves as a vital bridge between the developer’s equity and the total project costs, ensuring that financial limitations do not hinder progress.
Defeating Corporate Crime in Italy
What are the main areas of corporate crimes in Italy? As per my experience, I would say bribery, tax and customs offences, financial crimes, bankruptcy, corporate offences, HSE crimes and money laundering. During the previous decades, the Italian criminal system has targeted the most dangerous and hateful forms of crime, thus identifying a public enemy […]
Legal Pitfalls in Claiming Home Office Deductions: How Not To Raise Red Flags
Managing the mysterious art of tax deductions can feel like walking a tightrope—particularly when it comes to home office expenses.
Doing business in Belgium: Advantages and Risks
Is Belgium a competitive place to do business compared to other European Union countries? In Belgium we have a well-developed infrastructure, a highly skilled workforce, numerous leading research centres, the development of new technologies and a multilingual environment. All this, combined with our central location within Europe and our logistical facilities (including the ports of […]
Top 5 Legal Red Flags to Watch Out for When Applying for a Business Loan
The prospect of obtaining a business loan can be both exciting and daunting.
White-collar crime on the rise in Switzerland
Swiss courts ruled on 78 serious cases of economic crime in 2022, ten more than in 2021, according to a study by KPMG consulting firm with actual numbers of cases are meanwhile likely to be much higher, since many go unreported. What are the most common types of white-collar crimes committed in Switzerland? Most of […]
Can You Sue A Bad Investment Advisor?
The world of financial investment is incredibly complex and involves a lot of risk-taking.
Legal Strategies to Mitigate Risks in Cryptocurrency Investing
Cryptocurrency investments, characterized by their volatility and innovation, present a unique set of challenges and opportunities for investors.
High-Net Worth Asset Protection Strategies: All You Need to Know
Wealth protection can be a complicated endeavour for virtually all earners, regardless of whether you’re on a five-figure salary or a six-figure one.