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Monday, 15 April 2013 21:19

Liability in Business in 2012 - Part 2

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Waste car BatteriesWaste car BatteriesRichard D’Arcy continues his two-part article on company liability. This week he continues his focus on waste disposal and looks at scenarios where a possible civil case might occur.  Part 1 is here.

Let us imagine a sticky situation where John Doe calls to the office with a van looking for old batteries and the supervisor hands the company batteries over to just get rid of them. This van travels down the road a few kilometers and John Doe gets a very bad smell in the van. Two of the batteries are leaking, so he stops and dumps them in a field beside the road and continues on his way. A few years later the local tidy towns committee are cleaning up in the area and a child notices the rubbish in the field beside the road. He climbs down to collect the rubbish and the sulphuric acid spills over and burns him badly.

Monday, 15 April 2013 21:05

Liability in Business in 2012 - Part 1

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wastewasteWhen a financial consultant conducts a wealth review of your assets everyone thinks of a balance sheet, debtors, creditors, stock, raw material, banks, business goodwill and customer orders as a good starting point to let you know what you can expect in retirement from the business.

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