Posts

How To Protect Your Business From A Malpractice Lawsuit

Typically, medical malpractice lawsuits have continuously become a constant risk for professionals like you running their businesses in the healthcare industry. Since your business is about providing healthcare services to the public, you need to exercise a reasonable standard of care and caution at all times. Your failure to do so can result in malpractice claims.

Essentially, medical malpractice refers to a legal situation that happens when a doctor, nurse, or other healthcare professional fails to provide reasonable care to their patient, causing them to harm in the long run. If your business faces this kind of legal issue, you may end up dealing with financial losses, a damaged business reputation, and other legal troubles.

Doctor in courthouse meeting with lawyer

If you want to protect your business from a malpractice lawsuit, below are a few ways to do so:

1. Buy Malpractice Insurance

One of the best ways to keep your business away from a medical malpractice claim is to purchase malpractice insurance. This type of professional liability insurance protects patients who allege the medical professional’s negligence harmed them.

When the suing party wins the case with the help of an experienced lawyer, malpractice insurance will cover the legal costs, medical damages, and punitive damages. Consequently, you don’t pay anything from your pocket, thereby reducing the risk of significant financial losses.

2. Provide Proper Documentation

When dealing with patients, it’s essential to provide proper documentation. Whether it’s a medical finding, prescription, or instruction, make sure to put all your transactions with them into writing. Doing so can provide you with proof if a patient sues you for medical malpractice. It can help you recall a particular situation and justify what happened so you can defend your actions properly.

With adequate and unambiguous documentation, you can safeguard yourself and your business against a potential malpractice lawsuit. If you fail to comply with specific documentation requirements, you also end up defending yourself in court against experienced medical malpractice lawyers. To know more about how they help the suing party get a desirable outcome so you can prepare for them, you can visit https://www.hastingsfirm.com/ and other reliable resources online.

3. Stay Updated With The Current Standards In The Healthcare Industry

In some cases, a lawsuit happens because you violate specific medical malpractice laws. Not only that, but you may have also failed to keep up with the current standards practices in the healthcare industry.

Although malpractice laws differ from one state to another, it’s essential to be familiar with the new rules and regulations you need to comply with to avoid legal problems. The more you stay up-to-date on all standards, the less your business’s chances of getting sued by your patient.

4. Always Get Informed Consent

Before you tackle your patient’s health, it’s crucial to get their informed consent. When they give their support, it means they’re aware of the risks of the care or service you’ll provide. For example, if the patient undergoes surgery, you need to obtain informed consent by discussing the procedure’s costs, risks, and other elements. By doing so, you can protect yourself and your healthcare business against a potential malpractice lawsuit.

Typically, you can obtain the patient’s informed consent by asking them to sign a written agreement. Once they sign the paperwork, you can prove if your patient alleges you didn’t inform them of the risks and other things involved with the procedure.

5. Be Prepared For Your Patients’ Appointments

Taking care of your patients’ health as part of your business isn’t an easy job. Apart from providing an appropriate standard of care, it would also be best to prepare before attending to your patients. Make sure to check your patients’ medical files before the meeting. In doing so, your patients will not perceive you as rushed and distant, which may be one reason why they’d want to sue you due to negligence.

Hence, to ensure you have valid defences to a medical malpractice lawsuit, be sure to give yourself enough time to prepare. When you’re more ready, you reduce the odds of committing negligent acts against your patients during their appointments.

Bottom Line

Running a healthcare business can be challenging, especially if you have no precautions in place. Given the nature of your services to the public, you need to be extra cautious to ensure you don’t get into legal trouble, like a medical malpractice lawsuit. When your patient sues you, many things are at risk. Your business may not only lose a considerable amount of money due to a damaged reputation, but you may also end up losing your career as a medical professional.

Therefore, if you want to avoid these unfortunate circumstances from happening, it’s best to keep the information mentioned above in mind. That way, you can have peace of mind knowing your business is safe against a malpractice lawsuit.

NSAV Appoints Jean-Michel Floc’h as Chief Strategist of Metaverse Token

A metaverse is a network of 3D virtual worlds focused on social connection. In futurism and science fiction, it is often described as a hypothetical iteration of the Internet as a single, universal virtual world that is facilitated by the use of virtual and augmented reality headsets.

MCAPMediaWire – Net Savings Link, Inc. (OTC Pink: NSAV), a cryptocurrency, blockchain and digital asset technology company, today announced French-Australian business magnate, Jean-Michel Floc’h, as Chief Strategist for its ground-breaking Metaverse Share Swap Token (SST), the MNCN. Mr. Floc’h brings 46 years of merchant banking and business experience to NSAV’s MNCN token project. He is the founder and Chairman of the Floc’h International Group, as well as the CEO of BQEX Cryptocurrency Exchange, which is NSAV’s most recent equity acquisition. Mr. Floc’h is also a former Senior Vice-President of BNP Paribas S.A. Management believes that Jean-Michel is the perfect Strategist and Global Ambassador for our MNCN token project.

The Metaverse Share Swap Token (SST), the MNCN, is a 50/50 partnership with Metaverse Network LLC. (MNC). NSAV will receive 7.5% of the total tokens issued as its founder’s pool allotment, of which a substantial portion will be directed towards NSAV’s previously announced share buyback program. The NSAV MNCN SST Token will have a fully diluted market cap of $380 million.

Last week, NSAV announced that it has acquired a 10% stake in cryptocurrency exchange, BQEX Ltd., which has over 4 million registered users and is owned and operated by Metaverse Network LLC.

In December, NSAV and Metaverse Network announced the launch of the world’s first DeFi-GameFi combined App, known as MetaFi, which offers users Play & Earn via algorithm solutions. MetaFi is a finance where users not only receive entertainment but receive rewards for participation. These rewards are transferable, and can be utilised in various diverse third party individual Blockchain DApps. MetaFi users do not worry about exposing their identity.

GameFi is out to become a game-changer in the industry, after unveiling an innovative staking and evolution system that applies a game-like strategy to the crypto market.

NSAV’s De-Fi-GameFi venture with Metaverse Network LLC. will go public in New York in Q1 2022.

Jean-Michel Floc’h, CEO of BQEX Ltd. stated, “It is my honour to be able to join the MNCN project. This project combines the old and new world’s together, changing how token owners can hybrid into a jump board platform for very attractive returns.”

Dato’ Sri Desmond Lim, Interim CEO and Senior Vice President of Cryptocurrency Operations for NSAV and Silverbear Capital partner stated, “We are extremely pleased to invite Mr. Floc’h to join the MNCN token project team. His extensive banking experience will add instant weight to the MNCN outfit, thus ensuring the project to be momentumised in the right direction.”

About MNC:

MNC Company Logo

MNC Company Logo

MNC is a centralised App that transforms diversified users to decentralised universe DApps. It is a “playground” that supports both creators and users for access, allowing to create a link between the present universe and Metaverse to work together in harmony. As Blockchain environments are dominating the landscape in the next era to come, MNC believes token ecology is essential to access the new era community and to operate in the decentralised economy.

About BQEX:

BQEX Company Logo

BQEX Company Logo

BQEX (Best Quality Exchange) is a Centralised Cryptocurrency Exchange that was established in 2017. BQEX has over 4 million registered users globally and lists over 50 cryptocurrencies. BQEX also has inbuilt multi-functional ETF windows that support project developers, in order to provide the best investment experiences to their users.

About NSAV:

NSAV Company Logo

NSAV Company Logo

NSAV’s vision is the establishment of a fully integrated technology company, which provides turnkey technological solutions to the cryptocurrency, blockchain and digital asset industries. Over time, the Company plans to provide a wide range of services such as software solutions, e-commerce, financial services, advisory services and information technology.

For further information please contact NSAV at info@nsavholdinginc.com

The NSAV Twitter account can be accessed at https://twitter.com/nsavtech

The NSAV corporate website can be accessed at http://nsavholdinginc.com

The NSAV Premium OTC Crypto Trading Desk website can be accessed at https://nsavholdinginc.com/otc-desk/

The NSAV Hong Kong OTC Crypto Trading Desk website can be accessed at https://hkotc.co/

The NSAVDEX 2 Exchange website can be accessed at https://nsavdex.io/

The NSAVDEX Telegram account can be accessed at https://t.me/NSAVDEXorg

Silverbear Company Logo

Silverbear Company Logo

Silverbear Capital Inc., a leading, global investment banking firm, will be advising NSAV on strategic matters related to this transaction.

Silverbear Capital Inc. (SBC) has a dynamic of disciplines on a broad commercial level and practice. SBC has a strong group of Partners in a wide range of disciplines with seasoned experience in finance, management, and professional practice.

Disclaimer: Silverbear Capital Inc. does not constitute investment advice, or an offer or solicitation to sell, or a solicitation to buy, or any other investment product (nor shall any such shares or product be offered or sold to any person) in any jurisdiction in which an offer, solicitation, purchase or sale would be unlawful under the securities law of that jurisdiction.

This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, which are intended to be covered by the safe harbours created thereby. Investors are cautioned that, all forward-looking statements involve risks and uncertainties, including without limitation, the ability of Net Savings Link, Inc. to accomplish its stated plan of business. Net Savings Link, Inc. believes that the assumptions underlying the forward-looking statements contained herein are reasonable, any of the assumptions could be inaccurate, and therefore, there can be no assurance that the forward-looking statements included in this press release will prove to be accurate. In light of the significant uncertainties inherent in the forward- looking statements included herein, the inclusion of such information should not be regarded as a representation by Net Savings Link, Inc. or any other person.

Contact

Net Savings Link, Inc.
info@nsavholdinginc.com

Advisory Excellence Announces the Appointment of Dr. Samir Abdelly

Dr. Samir Abdelly is the Chief Executive Officer at Abdelly & Associates. Dr. Abdelly has wide experience in a variety of humanitarian and philanthropic matters, including serving as candidate for the Tunisian Presidential Election in 2014. In 2021, Law.com named Dr. Samir Abdelly as a Top 5 Influential Lawyer Around The World.

Abdelly & Associates was established as a continuity of a long standing legal tradition and has grown considerably. Abdelly & Associates developed their extensive network via partners in Dubai, Cairo, Paris and London.

Abdelly & Associates has all the needed legal authorisations for the most complicated deals in the Tunisian energy market, including:

  • PetrofAc / Perenco Group: Legal assistance on various areas of law and regulatory, strategic assistance, drafting, negotiation of Asset purchase agreements between the Vendor and Buyer and preparation of all closing documents between the parties for the purpose of getting important and complex phased governmental approvals of their acquisition of interests in, till the gazetting dated last week and all transaction approvals including with UNION GTT related to hundreds of employees and STEG related to the gas and electricity;
  • Ashtart Concession: Owned by OMV together with the acquisition of their shares in the Joint Operating Venture created with ETAP (SEREPT) and establishment of their Tunisian Branch and received the gazetting and all approvals;
  • Sumitomo Corporation / Mitsubishi Legal: Assistance, negotiation, drafting and closing deal and getting the approval of their bid tender application and selection as contractor for the purpose of building a power station Radès 2 and the establishment of their Tunisian Branch in Tunisia;
  • China Engineering Harbour: Project of construction of the quai 8/9 Radès Port and the next project of Enfidha deep water ($1.5M).

Abdelly & Associates is available for the purpose of facilitating investment opportunities in Tunisia and surrounding markets.

If you would like to find out more information, please visit their website.

PwC Appoints Jan Sijbrand and Troy Paredes

Jan Sijbrand and Troy Paredes will join the board of PwC, which is responsible for the governance of PwCIL and the PwC Network, oversight of PwC’s network leadership team, and approval of the standards by which each PwC firm must abide.

From 5 March 2021, Jan and Troy will work with the existing 18 board members who are made up of partners and principals from 13 PwC firms from across the world and as of June 24, 2021 they will formally join the new PwCIL board which is currently being elected.

Jan has enjoyed a long career in banking, including head of risk management for ABN Amro, Chief Risk Officer and member of the managing board of NIBC Bank, and member of the executive board and chairman for supervision of De Nederlandsche Bank.

In addition Jan was a member of the supervisory board of the European Central Bank from 2015 -2018 and a member of the board of supervisors of the European Banking Authority from 2011-2018. Jan brings a wealth of experience of financial services, risk management, oversight and supervision.

Jan also currently serves as deputy chairman of the supervisory board of PwC Netherlands.

Troy is the founder of Paredes Strategies LLC, a consulting firm. He served as an SEC commissioner in the United States from 2008 to 2013 – during the financial crisis and its aftermath.

During his time with the SEC, Troy played a key role in rulemakings and other regulatory matters concerning all aspects of securities regulation.

Troy brings to the PwCIL board a truly extensive breadth of experience, including governance, compliance, strategy and regulatory. Troy also currently serves as an external director on the oversight board of PwC United States.

Gerald Singham Appointed Global Vice-Chair & Chief Executive Officer

Gerald Singham, Managing Partner at Dentons Rodyk, a member of the world’s largest law firm, has been appointed as Global Vice-Chair & ASEAN Region CEO.

Gerald has spent his entire professional career with Dentons Rodyk and served as the firm’s Deputy Managing Partner from 2011 to 2020.

He is named in numerous legal guides and directories including the Chambers Asia-Pacific, The Legal 500 Asia Pacific, Global Competition Review, Who’s Who Legal, IFLR1000, Asialaw Leading Lawyers and Best Lawyers. He also serves on the boards of several companies and statutory boards. For his many contributions to the community, he was awarded the Public Service Star National Day award.

“The ASEAN region has become one of the most dynamic drivers of today’s global economy, and I am energised to lead our offices in Singapore, Indonesia, Myanmar and Malaysia as we continue to deliver exceptional quality to our clients in this decade of new opportunities,” said Gerald Singham, Managing Partner at Dentons Rodyk and Global Vice-Chair & ASEAN Region CEO.

About Dentons

Dentons is the world’s largest law firm, connecting talent to the world’s challenges and opportunities in more than 75 countries. Dentons’ legal and business solutions benefit from deep roots in our communities and award-winning advancements in client service, including Nextlaw, Dentons’ innovation and strategic advisory services.

Dentons’ polycentric and purpose-driven approach, commitment to inclusion and diversity, and world-class talent challenge the status quo to advance client and community interests in the New Dynamic.

Norton Rose Fulbright Appoints New Leadership in Warsaw

Warsaw is the capital and largest city of Poland. The metropolis stands on the River Vistula in east-central Poland and its population is officially estimated at 1.8 million residents within a greater metropolitan area of 3.1 million residents, which makes Warsaw the 7th most-populous capital city in the EU. 

Norton Rose Fulbright has appointed Grzegorz Dyczkowski, the head of its Warsaw banking and finance team, as managing partner of the Warsaw office. Grzegorz succeeds Piotr Strawa, the founder of Warsaw office of Norton Rose Fulbright who has served as managing partner since 2000.

Norton Rose is an international law firm. It is the second largest law firm in the United States and one of the ten largest in the world, by both lawyers and revenue. In 2017/18, Norton Rose Fulbright had total revenue of US$2.1 billion.

Regarding his new role, Grzegorz said: “I’m honoured to be appointed to the role of managing partner of Norton Rose Fulbright in Poland. With the support of my colleagues, we will continue to establish our practice as a leader in several areas of law: banking and finance, mergers and acquisitions and corporate and real estate.

Together with our Warsaw lawyers and by collaborating with other offices worldwide, we will enhance our reputation, nationally and globally, as a prominent law firm. I would like to thank Piotr Strawa for his contribution to the success of Norton Rose Fulbright in Poland.

Piotr has served as the managing partner for twenty years and, only because of his commitment and work, our law firm enjoys its present position and recognition.”

An Attorney-at-Law since 1998, Grzegorz joined Norton Rose Fulbright in 2003 and was appointed a partner in 2006. By effecting a change of the managing partner, the firm is also now renamed as Norton Rose Fulbright Dyczkowski and Partners, Limited Partnership.