Canada to increase liability limit for nuclear accidents Nov 21, 2009
4 billion and Germany has unlimited liability. Greenpeace issued a report this week saying the money is far from enough even if an accident happens in one of the nuclear stations located in isolated regions. (Xinhuanet, China)
RIL asks to reallocate gas to others Oct 12, 2009
However, failure to settle issues of unlimited liability meant that they could not sign a gas sales purchase agreement (GSPA). A year later in 2005, NTPC dragged RIL to court. (India Times)
Risking all often the point Sep 22, 2009
We could do well to consider a return to unlimited liability if only to better focus the actual meaning of risk. Health care in particular provides a window into just how deep-set our aversion to risk has become. (Sydney Morning Herald -- Opinion)
Chevron, Exxon Carbon Victory Is Price Australia Pays to Be `Superpower' Sep 19, 2009
Norway provides unlimited liability for projects run by Oslo-based in Norway and Algeria ... No company can take on unlimited liability for 1,000 years, Kaarstad said. (Bloomberg -- Australia & New Zealand)
Geneva banks fight concessions on Swiss secrecy laws to remain afloat Jul 5, 2009
Some are unlimited liability partnerships, which means the partners bear personal responsibility for losses. Pictet banked Sf17bn in net new deposits last year, of which Sf7bn arrived in the fourth quarter, as wealthy clients panicked after the collapse of Lehman Brothers. (Business Report, South Africa)
Geneva Sees Opportunity in Bern's Predicament of Conceding on Bank Secrecy Jul 3, 2009
Some are unlimited liability partnerships, which means the partners bear personal responsibility for losses. Pictet alone banked 17 billion francs in net new deposits in 2008, of which 7 billion francs arrived in the fourth quarter, as wealthy clients panicked after the collapse of. (Bloomberg)
President Urges GHOUL Tax to Pay for Universal Healthcare Jun 23, 2009
Stating that "even Deceased-Americans need to shoulder their fair share" of the tax burden, President Obama today challenged Congress to enact the Graveyard Housing Occupancy Unlimited Liability Act of 2009, or GHOUL.. When pressed by reporters if GHOUL represented a repudiation of his campaign pledge to let the departed rest in peace, the President at times seemed exasperated. (Human Events Online)
Financial Dictionary May 24, 2009
A partner in a business who has unlimited liability. Most Popular. (Investors Business Daily)
Government cracks down on insolvent directors Apr 30, 2009
Although disqualification orders allow individuals to go into business as sole traders it means that in the future they will have unlimited liability for the losses of that business. The figures show that the government is intensifying its efforts to deter bad behaviour by company directors by seeking increasingly tougher sentences for directors who are disqualified following insolvencies, said Jonathan Davies, regulatory partner at RPC.. (Accounting Web, UK)
Class Action Proceeds Against British Airways Over Missing, Destroyed Bags Apr 8, 2009
"It makes clear that the argument that airlines are not subject to the unlimited liability provision of the Montreal Convention unless the airline loses [51 percent of its luggage] is ridiculous and airlines cannot use it," Stevenson said. Anthony U. Battista and Desmond T. Barry Jr. of serve as lead local counsel for the defense. (Law.com)
Commerce study slams film incentives law Apr 1, 2009
The took another shot at the state's film incentives law, releasing a study Tuesday calling the program an "unlimited liability" for Wisconsin. The 26-page "Cost Benefit Analysis of of Wisconsin Film Tax Credit Program" study not only reiterates the agency's stance that the film incentives law is flawed and costs too much, it also challenged the notion that the film industry can effectively create state jobs. (Milwaukee Business Journal, WI)
Make your business a winner Mar 16, 2009
Alternatively, you might prefer a partnership, which typically means unlimited liability or a proprietary limited company where liabilities are limited - though set-up costs for the latter are hefty at about $1000 to $1500. STEP SIX. (Sydney Morning Herald -- Business)
South Sea Bubble Survivors Say Lloyds Banking Must Break Up Along With RBS Mar 13, 2009
Hoare & Co. is an unlimited liability partnership, which means the familys personal wealth, including Alexander Hoares solar-panel-topped residence and 50-foot yacht, can be seized if the lender collapses. That gives clients confidence, Hoare said. (Bloomberg -- UK)
State Supreme Court hears arguments in Racine shooting suit Mar 3, 2009
I'm not advocating unlimited liability to the parent who sponsors a child, but we need to draw the line and apply the statute when the damage is integral to the use of the vehicle," Knurr said.Greatway's attorney, Arthur Simpson of Milwaukee, said the statute should not apply to the drive-by because the state should not promote insurance coverage for attempted murderers.The drive-by shooting was not a car accident and the statute should not apply to it just like a parent's auto policy would not... (Racine Journal Times, WI)
Bill reaches compromise on outdated liability law Feb 12, 2009
Public officials fretted that without reasonable damages caps, government would be subject to unlimited liability. It could also be harder to find public employees willing to carry out medical services, social care or any kind of potentially high-risk work in which they might be personally on the hook for injuries. (OregonLive, OR -- News)
