Provisions under the Enterprise Act 2016 came into force on 4 May 2017, implementing stricter guidelines on insurers’ handling of claims. This begins to align our law surrounding insurance with that of the USA. In light of these new provisions, let’s look at how claims may be affected under policies taken out (or renewed) after this date.Read more..
The UK is home to over 1 million SMEs and our economy is undoubtedly reliant on the collective revenue that our local businesses generate. With reports showing that SMEs across the UK wrote off nearly £5.8bn worth of debts in the financial year 2015/2016, the equivalent of £21,000 per day, is it safe to assume that these were all irrecoverable or could more be done to improve credit control and cash flow for our SMEs?
Charlotte Newlyn discusses the reasons motivating such a staggering write off and the options available to creditors looking to recover monies owed to them which they may otherwise feel they have no choice but to give up on.Read more..
With the courts overloaded with claims, applications and appeals, could smaller disputes be about to make the jump to the worldwide web?
Charlotte Newlyn investigates how, a decade since Lord Woolf highlighted the potential of IT use within our justice system, we may be on the cusp of utilising this resource.Read more..