Sentences with phrase «victim compensation fund where»
Feinberg previously served as special master for the September 11th Victim Compensation Fund where he estimated the future earnings of those who died in order to determine compensation offers.
http://legalblogwatch.typepad.com/ Not exact matches
In the province of Québec, Québec's securities regulator, the Autorité des marchés financiers (AMF), administers a compensation fund (the Fonds d'indemnisation des services financiers) which can compensate victims for losses resulting from fraud where the fraud is committed during the distribution of financial products or services.
Victim compensation funds are a last resort only in unique situations where court cases are not possible due to some sort of immunity.
It's our view that victim compensation funds are far more appropriate where there is no discernable wrongdoer capable of compensating for mass casualties - a wrongdoer that should be held accountable in court, like BP.