In part 1 of this series, we looked at the rise of business email compromise (BEC) schemes and how they work. Next, we will explore who is liable and how to protect your business from such scams. Who is liable for the loss? The question now becomes who is liable for...
Month: January 2024
What you need to know about BEC schemes – Part 1
Imagine this scenario: You have an ongoing contractual relationship with a supplier. You communicate with that supplier regularly over email, including the receiving invoices. One day you receive an email that states: “We are moving to an ACH payment method. Can you...
Legal implications of delay and disruption in construction projects
Construction projects are complex endeavors that require meticulous planning and execution. However, delays and disruptions can occur, leading to legal implications that all parties involved should understand. Contractual obligations and responsibilities In November...