Brokers warned that failure to retain e-data risks legal action
Brokers are at an increased risk of litigation if they fail to keep a detailed record of all e-communications for an adequate amount of time, according to legal experts
Brokers are at an increased risk of litigation if they fail to keep a detailed record of all e-communications for an adequate amount of time, according to legal experts.
At an International Underwriting Association market briefing, Doron Goldstein, counsel at Dewey LeBoeuf, said that 14,000 US statutes currently required record retention and that judges had been coming down more harshly on companies that had not been preserving data correctly.
"I have no reason to believe that UK courts won't
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