Sentences with phrase «liability rules set»

Not exact matches

If your self - directed IRA is set up as a limited liability company or LLC, however, the rules are a bit murkier.

Skepticism can not, therefore, be ruled out by any set of thinkers as a possibility against which their conclusions are secure; and no empiricist ought to claim exemption from this universal liability.

The reforms include closing a loophole that allows donors to form limited liability companies and bypass rules that set caps on donations to candidates.

They include closing a loophole that allows donors to form limited liability companies and bypass rules that set caps on donations to candidates.

If your self - directed IRA is set up as a limited liability company or LLC, however, the rules are a bit murkier.

Also, the value setting rules for many investment banking assets and liabilities are far more squishy than for insurance liabilities.

When everything works well, that can simplify things for taxpayers, as it avoids having to use two completely different sets of rules to calculate tax liability for federal and state purposes.

The court's ruling in this case is especially significant because by revoking the «affirmative defense» policy that lets plants dodge liability for exceeding emissions limits, this decision sets a precedent for how the EPA drafts air safeguards moving forward.

We also advise on liability and risk mitigation options related to corporate agreements and on precedent - setting issues and rules shaping the industry.

The Court then sets out the well - known three conditions for Francovich - liability: the rule of European Union law infringed must be intended to confer rights on the individual; the breach of that rule must be sufficiently serious; and there must be a direct causal link between the breach and the loss or damage sustained by the individual (para. 41).

The requirement for insured lawyers to report potential claims to the insurer as soon as practicable upon becoming aware of circumstances which might result in a claim is not only part of every CLIA liability insurance policy, but also set out in the Law Society of Manitoba Rules and the Code of Professional Conduct.

This firm has the distinction of being the attorneys for the Plaintiff, in the precedent setting case, Juarez v. Wavecrest Management Team Ltd, which was the landmark case in which the highest court of New York State established the rules relating to legal liability of landlords in New York City for exposing tenants to the hazards of lead - based paint

The EEOC has identified six non-exhaustive factors relevant to making this determination: • Whether the organization can hire or fire the individual or set the rules and regulations of the individual's work; • Whether and, if so, to what extent the organization supervises the individual's work; • Whether the individual reports to someone higher in the organization; • Whether and, if so, to what extent the individual is able to influence the organization; • Whether the parties intended that the individual be an employee, as expressed in written agreements or contracts; and • Whether the individual shares in the profits, losses, and liabilities of the organization.

In California, «product liability law» is a set of legal rules about who is financially responsible for injuries to consumers that are caused by dangerous or defective products.

Cases that are helping to clarify Ontario's franchising legislation include a pro-franchisor Superior Court ruling that a decision to wind down GM dealerships did not call for a new set of disclosure documents (Trillium Motor World Inc. v. General Motors of Canada Limited), and a second case involving the auto giant (Addison Chevrolet Buick GMC Ltd. v. General Motors of Canada Ltd), where courts have declined to dismiss an argument from franchisees that GM's U.S. parent company should share liability.

The Korean Supreme Court ruled that the standard is «contractual terms that would typically affect a reasonable consumer's decision to enter into a contract or how prices are set for the concerned transaction (for example, product warranty or disclaimer of liability).»

There are different sets of rules regarding short sale tax liability depending on whether or not the home was a primary residence or not.