It’s a topic often overlooked by individuals pursuing a career in engineering. It’s an area that’s not typically covered in undergraduate or graduate-level engineering programs. We’re talking about ...

In very simple terms, product liability holds a person or company legally and financially liable for harm that is caused when their product is defective. In the U.S. in 2020, nearly 11 million people ...

Product liability comprises a number of laws and court rulings that apply to any business that makes or sells a product. Businesses that make or sell products are responsible for ensuring that those ...

A medtech startup typically focuses on two key legal needs: (1) ensuring that its technology has proper and thorough intellectual property protection, and (2) outlining a detailed pathway for FDA ...

Products liability claims have long focused on physical products. As technology advances and software and social media play an ever-expanding role in our lives, novel products liability theories have ...

The European Union has significantly overhauled its product liability regime with a new directive concerning liability for defective products (Product Liability Directive). EU member states have until ...

Given the significant costs associated with litigating product liability claims, product manufacturers should expend time and resources to reduce product liability risks and react quickly to product ...

Christy Bieber has a JD from UCLA School of Law and began her career as a college instructor and textbook author. She has been writing full time for over a decade with a focus on making financial and ...

A liability is a financial obligation or debt owed. Liabilities are key elements on every company’s balance sheet, and therefore, important to stock and bond investors. Learn more. In finance and ...

A recently presented European Union plan to update long-standing product liability rules for the digital age — including addressing rising use of artificial intelligence (AI) and automation — took ...

The European Union is to update product liability laws to tackle the risk of damage caused by artificial intelligence systems and address other liability issues arising from digital devices — such as ...