Are there insurance products for individuals who have closed their companies to insure against costs from losing these types of tribunals?
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Originally posted by yMyjgT View PostAre there insurance products for individuals who have closed their companies to insure against costs from losing these types of tribunals?merely at clientco for the entertainmentComment
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Originally posted by yMyjgT View PostAre there insurance products for individuals who have closed their companies to insure against costs from losing these types of tribunals?Comment
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Originally posted by jamesbrown View PostProbably not. Although it turns out that, for an existing QDOS TLC35 policy, they look through a closure and continue to insure the closed company, other factors being equal (according to an account from another poster in another thread, relayed from QDOS). But no, not once you've done the deed. Still, unless you've been fraudulent or negligent (failed to take reasonable care), then it's quite a hurdle to re-open a company and reassign a liability from the PSC to the office holder or employee (who acted in good faith and took reasonable care).
Presumably reasonable care would be covered off by a contract review?
Fraudulent or negligent behavior would, I assume, be things like not paying taxes on time?Comment
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Originally posted by CompoundOverload View PostPresumably reasonable care would be covered off by a contract review?Comment
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Originally posted by Pring View PostThat's how I've always understood it. Pair it with a signed Confirmation of Arrangements letter and it'd be difficult to argue that both you and the client weren't in agreement about your status.'CUK forum personality of 2011 - Winner - Yes really!!!!Comment
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Originally posted by northernladuk View PostHow many people have a CoA and can you be sure the right person has signed it so it will stand up in court. I'd imagine 90+% of the few CoAs out there won't stand up.
My concern is that you are giving weight to something that could be easily knocked away.merely at clientco for the entertainmentComment
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Originally posted by CompoundOverload View PostPresumably reasonable care would be covered off by a contract review?
Fraudulent or negligent behavior would, I assume, be things like not paying taxes on time?Comment
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Originally posted by eek View Post
My concern is that you are giving weight to something that could be easily knocked away.Comment
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Originally posted by LetterBox View PostMy concern is that weight is given to anything, in these dark times it appears anything can be easily knocked away. Assume everything has equal weight and get as much evidence as possible.
But yes, always get evidence, but again, understand what the evidence gives you and why you need to keep it.'CUK forum personality of 2011 - Winner - Yes really!!!!Comment
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