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Solicitors at "growing risk of claims" for...

Posted in Professional Negligence on 15th Aug 2019
There has been a sharp increase in the number of professional negligence actions arising from solicitors under-settling personal injury and medical negligence claims, according to a specialist barrister. Richard Beaty was featured on litigationfutures.com, explaining: “Publicly available and reliable market data for professional indemnity claims is scarce [but] there is growing perception amongst our insurer and professional clients that the under-settlement of personal and medical injury claims is on the rise.” Beaty added that the change in...

The Implications of Brexit on your Divorce...

Posted in Family & Divorce on 11th Nov 2019
As Brexit is fast approaching and the prospect of a 'No Deal' exit looms, the potential impact on divorce and family legislation remains unclear. There has been no viable plan put forward to address the problems that will arise in family law generally once we leave the EU. If you are married to someone who was born in the European Union, or if you live in the EU, the implications of Brexit could be substantial to your divorce and family disputes. Divorce and the issue of jurisdiction: The race to court One of the most essential statutes within...

London: Divorce Capital Of The World For...

Posted in Family & Divorce on 6th Nov 2019
London has earned its reputation as the 'divorce capital' of the world. A destination where the partners of the high net worth travel to, attracted by the reputation of British judges awarding very generous settlements. London's courts are increasingly attracting what have been called 'divorce tourists', especially for big money divorce claims. Why Divorce in the UK? The English courts have an extremely wide discretion when making orders in high net worth divorce proceedings. The starting point is generally one of equality, however their approach...

Unpaid Debts Kill Small Businesses, Don't...

Posted in Debt Recovery on 4th Nov 2019
In June 2016, the Association of British Insurers (ABI) reported that the number of insurance claims made by UK business facing bad debt had risen to its higher number in ten years and in April 2019 the Small Business Commissioner reported that on average, 32% of invoices were paid later than agreed terms. Specters understand the impact that bad debt and late payment can have on a small or medium sized business. Debt affects cash flow, which in turn affects the ability of your business to cover short-term liabilities, which can lead your otherwise...
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