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payments

Penalties beefed up over late payments

Disputes over late business payments are popularly depicted as a David and Goliath struggle between a small supplier and a stronger, infinitely wealthier procurer, whose parsimonious behaviour threatens the very existence of the former. But the consequences of unpaid invoices...

EU Late Payments Legislation Due for Early Delivery

A European Commission Directive that gives businesses the right to claim interest on late payments will come into effect on…


Late Payments Legislation Due for Early Delivery

A European Commission Directive that gives businesses the right to claim interest on late payments will come into effect on…

#cash-flow#European Commission#forum


President Bush Signs Bill to Make the Factoring of...

President Bush has signed into law a bill that provides tax relief to victims of Sept. 11 and includes protection…


Congress Passes Bill Stipulating that Court Approval is now...

On 20 December 2001 both houses of Congress passed HR 2884, the federal tax relief package for victims of the…


Bill Introduced Concerning “Factoring” of Payments to Victims of...

A new federal bill, The Structured Settlement Act (HR 5421), was introduced on 6 October 2000. This legislation is intended…

#insurance#securitisation#trade


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