What is a Collateral Warranty? A collateral warranty is a contract in which a party participating in the works guarantees to a third-party beneficiary that it has met its commitments under its underlying construction contract, subcontract, or professional appointment, known as the underlying contract in this article. In this post, we will look at the…
To get business loans or support a commercial tenancy arrangement, you can be required to provide a personal guarantee as a director of the firm. You may not have considered much about it at the time. However, if you refuse to make payments or the firm collapses and is unable to repay the loan, your…
Personal data breaches are defined by the Information Commissioner’s Office (ICO), the UK’s executive agency responsible for protecting information rights, as security incidents that affect the availability, integrity, or confidentiality of personal data. This article is intended for companies who want to learn more about how to handle a data breach. We will discuss important…
The captain steers the ship, but what happens when the ship hits an iceberg? In the business world, bankruptcy is the iceberg, and the captain – or rather, the directors – is left weathering the financial storm. But what exactly does bankruptcy mean for a director of an insolvent company? Is it smooth sailing into…
Unexpected accidents can occur at any time, leaving victims not only with physical injuries but also with severe emotional and financial burdens that can complicate their compensation claim. Accidents can occur when you least expect them to. Regardless of whether you were injured in a slip and fall, a job injury, or a car accident,…
Any law firm wanting to attract and retain the most talented personnel must keep up with evolving legal recruitment trends in the fast-paced world of legal services. These vary from adopting technology to knowing current candidate preferences. Incorporating Technology in Recruitment The process of legal recruiting has continued to evolve as technology advances, requiring firms…
Being able to acquire new knowledge and skills is essential to the long-term viability of legal assistance efforts, since regulations will change often over time. The legal field evolves when new acts become law, key cases are resolved, or political developments occur, all of which have a significant impact on the supply of the legal…
A secretary can provide essential and practical support in a legal firm’s day-to-day jurisdictional responsibilities. Their tasks may extend beyond secretarial labor to include dealing with legal terminology, processes, and documentation. Duties and Responsibilities of Legal Secretaries Making appointments and contacting internal and external parties The main task of a legal secretary is to ensure…
When filing for divorce, you must assess the reasons for divorce, since they will need to be disclosed throughout the divorce process. 5 Grounds for Divorce In Scotland, there are 5 grounds for divorce: 1. Adultery Adultery can be grounds for divorce if your spouse has had sexual intercourse with someone of the opposite sex…
In Scotland, dying without a will may be a challenging and complex procedure for the surviving family, especially if the deceased left no estate plans and was married or in a civil partnership. This article will go over the procedure, the legal consequences, and the various problems that might occur as a result of not…