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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA SBR Exams › Waiver
Questin is Greenie from Dec 10 what does this statement mean the second paragraph talking about waiver
Compensation agreements had been arranged with the victims, and these claims were all covered by Greenie’s insurance policy.
“In each case, compensation paid by the insurance company was subject to a waiver of any judicial proceedings against Greenie and its insurers.”
If any compensation is eventually payable to third parties, this is expected to be covered by the insurance policies.
I’ve just answered that – did you post it on the open forum as well as Ask the tutor?
i tought law forum will be better as i had not got the reply :
)
i posted here first ,after no reply i posted in the law section F4, i am sorry for my impatience
OK, I hope that it’s now answered to your satisfaction
