Equipment Failure

LCH.Clearnet Cites ‘Major’ Tech Failure In December

LCH.Clearnet Ltd., one of the world’s largest interest-rate swap clearinghouse, cited a “major” information technology failure on December 31st of last year. The IT failure affected payment processing in the U.K. and...more

No Automatic OHSA Liability After Equipment-Failure Accident: Charge Dismissed Where Use Of Equipment Not “Likely”

Employers are not required to anticipate all safety hazards, however unforeseeable. A recent case illustrates this point. In a tragic accident, a worker died when a brace (which formed part of a makeshift winch used to...more