Click here to download The FAS Focus – Edition 9
In our first article, Jillian Pancott, Manager in our Sydney office looks at the issue of stock obsolescence and some of the myriad of considerations in determining when and if it applies. Of particular interest is how each industry and even individual products, have their own inherent issues associated with obsolescence. Jill reflects on a recent experience relevant to the current ever changing nature of products.
Our second article is by Francis Gagné, Manager in our Montreal Canada office. Francis’s article looks at the complex area of Product Recall. This is an ever increasing area in a more risk aware and litigious society. Francis looks at some of the considerations relevant to dealing with these often costly and time consuming matters for businesses and Insurers alike.