Businesses must face up to liability challenge warns Lloyd's
Businesses could be facing a future liability crisis if they do not face up to growing litigation issues Lloyd's warned today.
In a new report Directors in the Dock - is business facing a liability crisis? businesses are urged to anticipate and prepare for future liability risks. Lloyd’s research has shown that boards everywhere are feeling increasingly challenged by litigation and are spending more time and money addressing these issues. Product recalls are now a daily occurrence, rising 50% in Europe in the last year. Shareholder activism is on the rise, operating environments are becoming ever more complex and new
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