What is a personal injury claim?

• A personal injury claim is a legal claim in civil law for compensation by a person who has been injured, usually in an accident, wholly or partly as a result of the fault of someone else. Personal injury includes physical and psychological injury to a person.

• The compensation claimed usually includes damages, interest and legal costs. Often the compensation will be paid by the wrongdoer’s insurance company.

• The person who has been injured is referred to as the claimant or plaintiff while the wrongdoer is referred to as the respondent or defendant.

To learn more about our Litigation Practice, please go to our Litigation and Dispute Resolution page and to learn more or contact the author, please see Genell K. Sands’ attorney page.

A RAPIDLY-EVOLVING JURISDICTION, LODGED BETWEEN TWO WORLDS

In the past few years, international financial centres have had to respond to concerns raised by the European Union’s demands to enhance tax-transparency and co-operation measures. They have required IFCs to address economic substance, preferential tax regimes and access to beneficial owner information. The Bahamas, situated off the eastern coast of the United States, have successfully met a complex set of requirements with flying colours and have been ‘whitelisted’ by the trading bloc. A suite of legislation and economic planning has led to a revitalisation of their financial services, both in the well-established field of wealth management and in other areas. Most recently The Bahamas has expressed its support for the proposals of the G20/OECD Inclusive Framework on Base Erosion and Profit Shifting to reform the global taxation system.

Read the whole article here:

Insurance Litigation 2021

Definitive global law guides offering
comparative analysis from top-ranked lawyers

The Bahamas: Law & Practice
Genell K Sands
Knijah A Knowles
Andrew CD Smith
Alexandria K Russell

The Bahamas: Trends & Developments
Genell K Sands