Preparing Your Vehicle for Your Summer Road Trip Each summer, millions of Americans pack up their vehicles and load their families into the car for a summer road trip. Fond memories are made and belly laughs are almost guaranteed. However, long trips in the car can increase the potential for vehicle breakdowns. To keep yourself, […]
Analysis Although the resale right of the author of a work of art has existed in Belgium since 1921, it was only harmonized in 2001 by a Directive. This Directive obliged each Member State to implement a scheme for the exercise of that resale right. The twentieth anniversary of this Directive is therefore the ideal moment […]
As the International Chamber of Commerce unveiled its new governing rules, an eye was cast back to 2017 to see what steps have been taken in the consistent development and re-tooling a platform that forms the basis to a fundamental area of alternative dispute resolution (ADR). An initial and primary goal was security and protection. Securing the […]
Someone makes a claim for workers compensation and follows all of the rules and requirements for doing so. That person notifies the insurance company that they have an upcoming surgery and are unable to work pending surgery. The insurance company delays and does not send a denial letter explaining a valid reason for the denial […]
Internal controls are a system of policies and procedures organizations put in place to protect assets and improve operating efficiency. Effective internal controls are critical to accurate financial reporting. A solid system of controls can help prevent, detect and correct financial misstatements due to errors and fraud. Internal and external risk factors evolve over time. […]
On March 25, 2021, in the case of Ford Motor Co. v. Montana Eighth Judicial District Court et al. the Supreme Court of the United States rejected arguments by Ford Motor Company (Ford) that they should not be subject to personal jurisdiction in two product liability cases (one in Montana and one in Minnesota) because they are […]
By Lauren Berg Law360 (June 14, 2021, 8:51 PM EDT) — A Peruvian medical equipment wholesaler who claims it was duped into buying counterfeit 3M-branded masks during the pandemic has told a Florida federal judge that the alleged North American arm of a German product-testing company can’t seek dismissal because it isn’t a party to the […]
1 Fast-track transfers in restructuring As a result of COVID-19, there has been a desire in Denmark to improve the regulatory framework for the restructuring of companies that are viable but experiencing temporary financial difficulties. However, the changes to the restructuring rules also cover companies that have run into financial difficulties for reasons other than […]
After the turbulent year that was 2020, many businesses had their hopes pinned on 2021 being the year that would see the economy bounce back and business (and life, in general) return to normal. As we reach the middle of the year, a large number of businesses are seeing activity levels continuing to increase; however, […]
Working capital equals the difference between current assets and current liabilities. Organizations need a certain amount of working capital to run their operations smoothly. The optimal (or “target”) amount of working capital depends on the nature of operations and the industry. Inefficient working capital management can hinder growth and performance. Benchmarks The term “liquidity” refers […]
After a special legislative session, the Connecticut Senate passed An Act Concerning Responsible and Equitable Regulation of Adult-Use Cannabis on June 17, 2021, following the Connecticut House’s passage of the bill on June 16, 2021. Governor Ned Lamont has indicated that he intends to sign the bill into law. The law was previously passed by […]
Is your home or business at risk during a tax collection process? Let’s say that the IRS informed you that you owe the agency money for back taxes or tax debt. This isn’t exactly rare, but it isn’t exactly common either. When you are informed, it will likely take some time before you are able […]
