Limited liability partnership Limited liability partnershipA Limited Liability Partnership is a comparatively new type of business structure created by the Limited Liability Partnerships Act 2000.Contents:Net Lawman summary of provisions;When to use a limited liability partnership;LLP or company?Animal, vegetable or mineral?A limited liability partnership is a legal entity and a body corporate. That means it has a legal personality...more
Public Liability Insurance Is A Must Have For Many Businesses In the current economic climate, many business owners up and down the country have got plenty to worry about as they try to make sure they keep their company afloat. With so many external influences that can change unexpectedly, it makes sense to do all you can to ensure that everything within your business is done properly. One area that this rule can certainly be...more
The Sierra Leone NASSIT Ferries debacle: What is the liability of DAMEN Shipyards? The recent publication of the highly damning report by the Department of Intelligence, Investigations and Prosecutions of the Anti Corruption Commission (ACC), into the procurement of dilapidated and non seaworthy ferries by the National Social Security and Insurance Trust (NASSIT) dated May 10, 2010, represents only a tip of the iceberg into how the management of the NASSIT and its board of directors and ministry of Labor, have and continue to collude in an unholy alliance to systematically plunder the resources of such a laudable institution. The activities and glaring failure of due diligence by DAMEN Shipyards in the purchase of these ferries also calls for additional investigations of their role in the fleecing of poor Sierra Leone workers hard earned contributions in the pension funds.The ministry of Labor, which bears ultimate oversight responsibility over both the management and board activities of the nation's sole workers pension trust fund, has largely performed a very poor oversight of the NASSIT as evidenced by its participation in the decision and purchase of these...more
Why It Is Necessary To Have A Liability Insurance The liability insurance policy is basically designed for taking care of your business in opposition to the various claims made by different people if they are affected or their property is affected because of your business actions. Previously it was a bit difficult but these days with...more
Customizing General Liability Insurance Colorado general liability insurance is the best way for a business to protect itself against the damage that can be caused by lawsuits. In the event that your business causes damage to a customer's property or that a customer is injured on your property, this insurance kicks in to make...more
The Responsibilities of a Director and Officer Insurance Essentially, a director and officer insurance offer financial protection for the officers and directors of a specific company. This specific liability protection is available back during the 1930s. It is used in any instance a company is brought to court due to a defective performance of their tasks or responsibilities. A lot of business owners acquire this specific coverage if ever they are involved in a particular lawsuit which relates to discrimination or harassment. A company is usually required to buy this specific coverage whenever their board of directors is assembled. A business which employ a lot of employees would very much benefit from such an insurance as they are more susceptible to lawsuits.A Director and Officer Insurance is critical whenever claims from employees and stockholders is made against the company. Claims could also be made against the company's directors. They will also be held liable for any acts the company engages in. This allows officers and directors to be in danger of losing their personal assets or business. The number of lawsuits against a specific company depends on a...more
Ensuring that General Liability Coverage is Adequate Arizona general liability insurance has to be specific to the business that carries it. There are generic policies out there that claim to be adequate to protect a business against...more
Purchasing General Liability Insurance General liability insurance is a must-have for any business. Depending upon the state where your business is located, the amounts of coverage you need may vary. There are currently very popular...more
Safety Is A Liability Insurance Quote As a small business owner one of the first things you need to do is to get a liability insurance quote to protect your business and your families assets. All it take is one trip by a customer, an...more
How Can Product Liability Insurance Help You in Your Business Product Liability Insurance is a kind of business quote wherein manufacturers and suppliers are protected against lawsuits in the event a property or concept has been...more
When people are ultra wealthy they need the means to have a look at the latest investing tips or means to manage their wealth and to find out how to make those investments and their money last. The family offices Asia do this job for them. They help...more
A security Level 5 shredder meant for centralized office use, the Dahle 20630 EC is intended to give corporations and government agencies one of the highest levels of document destruction on the market. We took a look at its various features and...more