Vanessa Peronncel, the model accused of having an affair with England and Chelsea footballer John Terry, reportedly said she is suing media outlets who ran the story for defamation, as she claims it never happened and that her character has been publicly damaged. This story was all over the newspapers and gossip magazines when John …
There are countless aspects involved with organising an event, be it a corporate or hospitality event or even a high-profile wedding. Organisers often think that they can breathe a sigh of relief once they’ve finished planning and running a big event – but what happens if you are sued by one of your guests? This …
Last month, the Securities and Exchange Comission(SEC) announced it was suing global investment bank Goldman Sachs for fraud, after a number of mortgage investors suffers heavy financial losses when deals went sour. The SEC claims that Goldman Sachs and a number of its employees – notably, vice-president Fabrice Tourre – defrauded its investors through a …
With a high-ranking, decision-making position within a company also comes a great deal of responsibility, as well as some degree of risk. This is why directors and officers need to be doubly certain that they are covered in the case of legal disputes and investigations over negligence, fraud or other wrongful behaviour, especially as the …
Following the steep fall in property prices and asset values starting from last year, property owners are pointing the finger of blame firmly at estate agents and surveyors who they believe were negligent. According to statistics published by law firm Reynolds Porter Chamberlain, twenty five professional negligence cases were brought before the High Court in …
According to the law, your business needs some sort of liability insurance if it has employees. However, the safe option – to ensure you are completely covered should something go wrong – is to take out professional insurance no matter what the nature of your company is. But how to choose? It can be tricky …
A County Dublin couple are filing a suit against the Bank of Ireland as they believe that the bank’s advice led them to lose 22,000 Euros. If successful, the bank will need to rely on its professional indemnity insurance to cover the costs of any compensation they may be asked to pay. The couple, Louis …
With thousands of barrels of oil still spreading in the Gulf of Mexico in the wake of the explosion on the Deepwater Horizon rig, BP, the company responsible, will be forced to pay out huge sums of money in compensation. Thus far, the company has received 15,000 claims and has paid out on 2,500. BP …
The unique thing about professional indemnity insurance is that it covers your business for a wide variety of legal complaints. This includes cover for legal costs and compensation payouts over lawsuits relating to negligence, loss of documents, breach of duty, dishonesty and breach of confidentiality. Another aspect that is taken care of is defamation, covering …