Witness for Prenuptial Agreement

Given that prenups are a relatively new phenomenon in the UK – the first was administered by the Supreme Court in 2011 – it is not uncommon for UK citizens to have questions about them. Here we try to answer the most common questions about marriage contracts; If you Read more…

Why Do We Need Contract Lifecycle Management

In addition, enterprise security can benefit from CLM tools such as document analysis and contract repositories, which help identify and mitigate risks or compliance issues embedded in the existing language. For example, as London Interbank Offers (LIBOR) becomes obsolete in the financial world, contracts worth $240 trillion may need Read more…

What Part of a Legal Settlement Is Taxable

2. Recoveries for physical injury and illness are tax-free, but symptoms of emotional distress are not physical. If you file a lawsuit for physical injury, the damages are tax-free. Prior to 1996, all “personal” damages were exempt from tax, so emotional strain and defamation resulted in tax-free collections. But Read more…

What Is the Purpose of the Disclosure Agreement

Let`s talk about what`s important in your NDA. We will specifically address a “unilateral NDA”, which means that a party discloses the information it receives. In summary, there are several situations in which a confidentiality agreement is appropriate and can be proposed. Knowledge of certain fundamental points relating to Read more…

What Is the Karvonen Formula Calculator

The calculator above is based on the following formula: To know how accurate your target heart rate should be during exercise, you need to determine your resting heart rate. The best time to check your rest rate is just before you get up in the morning after a good Read more…

What Is the Definition of Law of Proximity

On the other hand, we could use the principle of proximity to increase tolerance by ensuring that a diverse group of people of different backgrounds, genders, races and classes is represented in schools, offices and other places where people are close to each other. One of the original principles Read more…

What Is Special Purpose Vehicle Company

The underlying private assets in which SPVs are invested can range from start-up capital, private corporate debt, real estate, alternative assets, secondary assets or other high-risk companies or investments. Whatever the objective, VPS protect the company`s partners from risk, even if the underlying asset weakens. Enron`s shares grew rapidly Read more…

What Is Meant by Cash against Documents

Once the buyer has made the payment, the bank will hand over the documents proving ownership of the goods in question. The seller benefits the most from the letters of credit, since his payment is practically guaranteed, except in the event of a serious breach of the agreement he Read more…

What Is Equipment Finance Agreement

AGEs offer several key benefits to companies that need financing for key business equipment. These advantages include: On the other hand, if the equipment requires frequent upgrades or has been obsolete for several years (example: computer), owning the equipment does not offer many advantages. An operating lease is usually Read more…