Sentences with phrase «liability cap for»

The scaled - back bill, which is far weaker than the climate and energy bill passed by the House last year, includes offshore drilling reforms, among them the removal of the $ 75 million liability cap for oil companies when it comes to oil spills.
I do think a liability cap for nuclear is OK, since we need that energy for survival.
Hence, if you want to change directions, you have to influence the politics — you have to work to prevent the Koch Brothers from destroying California renewable energy initiatives, you have to work to eliminate federal subsidies and liability caps for fossil fuel projects (which would mean that oil drillers would have to post $ 10 billion bonds for every deepwater project they initiated), and — for academic scientists — you have to lobby your academic administrators to cut their ties with shady fossil fuel interests like BP and Exxon, and work to open renewable energy research institutes at America's leading universities.

Not exact matches

The cap: The federal Marine Liability Act (MLA) limits ship - owners» liability for oil spills based on a vessel'sLiability Act (MLA) limits ship - owners» liability for oil spills based on a vessel'sliability for oil spills based on a vessel's tonnage.
The cap: For decades, Canada's Nuclear Liability Act provided that, in the event of a catastrophe at a nuclear facility, its operators faced a maximum liability of just $ 75Liability Act provided that, in the event of a catastrophe at a nuclear facility, its operators faced a maximum liability of just $ 75liability of just $ 75 million.
But it also left the door open for people in certain areas to prepay their property taxes before it went into effect to get around the cap — according to the IRS, in areas where the property tax liability is assessed by the local government prior to the law going into effect.
Mr. Mulcair has used polluter pay as a justification for measures like cap - and - trade and more recently for increased vigilance with respect to reclamation liabilities.
All these outstanding employee stock options constitute a $ 25 million (6 % of market cap) liability for CALD.
He didn't get 100 caps for Germany by being a liability, the German teams he played in were competitive, not as if there was no one else for his position.
Adams» testimony also questioned the proposed elimination of the current $ 1 million cap on corporate franchise tax liability based on taxpayer's in - state capital and plans to establish a «financial nexus» for out - of - state credit card operations where no physical in - state nexus exists.
The proposal would shift some or all of the state income tax liability of employees for whom federal deductibility of state and local taxes is capped to a payroll tax.
Constrain contributions — Put the same $ 5,000 limit on contributions from limited liability corporations that exists for regular corporations, require LLCs to identify owners, and cap donations to housekeeping and party accounts.
Some Democratic insiders expressed surprise Nixon would accept money from limited liability companies — even if she's capping how much they can give — since progressives have ripped Cuomo for exploiting that loophole.
The governor announced that he would seek an array of good government reforms from the State Legislature, a number of them familiar: preventing donors from circumventing contribution caps through the creation of shell limited liability corporations; enhancing personal financial disclosures; creating a public financing system; and instating constitutional amendments to establish term limits for Albany lawmakers (though not Cuomo and the current class of legislators), extend the legislative session from six months to year - round and ban outside income.
The deal will include adjustments to corporate taxes that lead to about $ 10 million in cuts for companies — including exemptions for personal income taxes for people in the state less than 15 days, expanded enterprise zone benefits and a cap on the added liability from mandatory unitary reporting for large corporations.
Your liability is capped at $ 50 if you lose your credit card or it's stolen — and if you report the theft to your credit card company before any transactions occur, you won't be liable for any fraudulent charges.
One of the unique strengths of credit cards is that you're legally entitled to withhold payment of disputed charges on your statement during an investigation, and your liability for unauthorized ones is capped at $ 50, according to the Federal Trade Commission.
While the VA doesn't place a limit on the amount you can borrow for a refinance, it does set a cap on how much liability it assumes for your loan.
This is disproportional larger relative to the market cap, than for other defense companies, and if you include this liability in XLS EV value, the shares are not cheap any more.
With a far larger market cap, UTV might have gone for this already, except for STV's litigation & liabilities... TVC's cash / bonds solves that problem.
The Fair Credit Billing Act caps your liability for unauthorized credit card purchases at $ 50, and many credit card issuers lower this to $ 0.
The Truth in Lending Act, for example, which caps maximum liability for fraudulent purchases at $ 50, usually covers the unauthorized use of business credit cards, but does not apply to business debit cards.
@BrianHall: To be clear, the numbers you give are in line with many state minimums for liability coverage, but most car insurance companies do push higher coverage limits (commonly 250K / 500K / 100K for per person / per incident person cap / per incident property damage), and the incremental cost of the higher coverage is often much less than the cost of the basic coverage (it's not paid out often, and electing it demonstrates responsibility, which they like in their insured).
Debit cards fall under the Electronic Funds Transfer Act for errors, loss or theft, but liability, which is capped by law at $ 50 for credit cards, may run from $ 50 to $ 500 or more for debit cards, depending on when you report the problem.
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For instance, given the extensive fraud protection offered by credit card companies, you rarely need to worry about your credit card being stolen and used to put you in debt, as many issuers cap (or eliminate) your liability.
Oh, and I forgot to mention — no subsidies for nukes in the form of liability caps or other corporate giveaways.
This includes both liability caps and some sort of accounting for what he terms negative externalities (if there is any way to translate a subjective position to an objective policy).
Without the federal government capping nuclear industry liability (i.e. Price Anderson Act), signing contracts to take custody and dispose of spent nuclear fuel (i.e. Nuclear Waste Policy Act), bankrolling civilian and military atomic research and development for light water and breeder reactors (i.e. Atomic Energy Act), and other programs, the industry would not exist.
Under the Oil Pollution Act of 1990, BP's liability for economic devastation — above the cost of the cleanup — is capped at $ 75 million, a number Mr. Hayward has already said he plans to blow through.
Removing liability caps to ensure that Enbridge is forced to pay for any issues caused by the pipeline and requiring than they have enough cash set aside, or have enough insurance to be able to afford to fully clean up any potential spill and compensate anyone affected.
So if the liability policy is lower than the UM / UIM limits, you are going to be capped in your recovery for the uninsured / underinsured motorist claim by the amount of the policy.
For service recipients careful consideration should be given to any clause capping liability as the risk of loss beyond the capped amount is effectively carried by them.
The effectiveness of clauses capping liability are particularly significant for service providers, who can limit the risk of being subjected to a disproportionate claim in relation to contract for services / goods.
Matters for which liability can not be limited under law, such as fraud, should be expressly excluded from any cap.
It is safe to assume that the removal of the $ 10,000 cap on liability in the MOL procedure will create a greater deterrent for employers considering whether to pay their workers in accordance with their basic statutory entitlements.
They may also face increased potential liability in some no - fault states - for example, an at - fault uninsured driver in Michigan may be liable for all damages to another driver's vehicle, while insured drivers have their liability capped at $ 500.
Generally, if a person suffers a serious boating injury the claim for compensation is capped under the Marine Liability Act at $ 1,000,000 for claims for loss of life or personal injury and $ 500,000 in respect of any other claims.
If you are seriously injured in a motor vehicle collision, the at - fault party has two hundred thousand dollars in third part liability limits, and you do not have family protection coverage, there is a cap of two hundred thousand dollars for your damage, paid by the at - fault driver's insurance.
For example, last November, we wrote about Florida legislation that would give ER doctors who treat Medicaid patients «sovereign immunity,» and cap their liability for committing medical negligence against the poor at $ 100,0For example, last November, we wrote about Florida legislation that would give ER doctors who treat Medicaid patients «sovereign immunity,» and cap their liability for committing medical negligence against the poor at $ 100,0for committing medical negligence against the poor at $ 100,000.
Importantly, in this decision Morgan J rejected completely the hitherto well established principle, applied for years by the Supreme Court Costs Office that an estimate operates as a cap on a client's liability to his solicitors at the estimate plus a margin.
The Court also held that the «Arkin cap», which delineates a funder's liability for adverse costs, includes the amount of any security for costs provided by the funder.
Limitation of funders» costs liability: the «Arkin cap» In Arkin v Borchard Lines Ltd, 2 the Court of Appeal held that a professional funder's liability for the other side's costs should be limited to the amount of funding it had provided in the action itself.
A Limits of Liability clause is a contractual provision that attempts to set a cap on liability for breach of the terms of the agreement or for other forms of lLiability clause is a contractual provision that attempts to set a cap on liability for breach of the terms of the agreement or for other forms of lliability for breach of the terms of the agreement or for other forms of liabilityliability.
Tax advisors need to be aware of this trend in the case law and carefully consider the scope of their retainers and their liability caps, as inevitably the inability to access remedies for mistakes through the courts may leave taxpayers looking to advisors to be made whole.
Act 2, including: changes to Wisconsin's product liability laws; adding Daubert standards for cases tried in Wisconsin involving expert opinion and evidence; eliminating the controversial «risk contribution» theory created by the Wisconsin Supreme Court in the 2005 Thomas v. Mallett decision; placing caps on punitive damages; and reducing frivolous lawsuits by holding parties liable for costs and fees for filing frivolous claims.
Kris has spoken at numerous legal seminars, including speaking engagements concerning «Motions in Limine: Protecting the Story» (Panel Member, NELA - GA / ICLE Trying Your Best: Employment Law Goes to Court Seminar, 2017), «Reductions in Force» (Professional Association Of Georgia Educators, 2012), «Settlement Agreements and Keeping the Deal» (State Bar of Georgia, General Practice and Trial Section, 2011), «Update on Employment Law» (General Practice And Trial Law Section Institute, 2011), «Employment Law in the Trenches» (General Practice and Trial Law Institute 2009), EEOC Atlanta 2008 Technical Assistance Program Seminar, «Firing Public Employees: Lessons Learned from the Perspective of Plaintiff and Defense Counsel» (Liability of Local Governments Seminar 2007), «Busting the Cap on Damages in Employment Litigation» (Managing Damages in Employment Litigation Seminar 2007), «State Law and Other Non-Traditional Claims: Crash Course, Questions to Ask, and New Developments» (Employment Law for the General Practitioner and for the Pros).
Between 2013 and February 2017, if you, an individual, had an environmental judicial review, then you could pretty much guarantee that your liability to the other side's costs would be capped at # 5,000 (# 10,000 for companies) if you lost, and your recovery of your own costs would be limited to # 35,000 if you won.
An Ontario plaintiff was held to be able to look to his OPCF 44R insurer to pay his damages in excess of a liability cap in the U.S. state where the accident occurred up to the OPCF 44R limits but not for the plaintiff's U.S. legal fees.
The amount of any cap on the defendant's liability for the claimant's costs will depend upon all the circumstances of the case».
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