Sentences with phrase «several liability to»

With the support of its governor, the legislature brought West Virginia's liability laws into the mainstream, adopting common sense reforms ranging from curbing joint and several liability to product liability reform.

The effect is to change the common law, and impose on concurrent wrongdoers joint and several liability to the plaintiff.

Furthermore, although s. 1 refers to «persons», in any particular action its effect is to impose joint and several liability to the plaintiff only on defendants found at fault or negligent, and not on any other person.

Therefore, when applying the section to any specific action, it is understood that joint and several liability to the plaintiff can and will attach only to a party defendant, although others who may also have been at fault could potentially have been found jointly and severally liable had they been sued by the plaintiff.

If one of the new tenants doesn't pay or damages the house, is it legal for the landlord to then use joint and several liability to sue one of the original roommates?

Not exact matches

The Tesla employees report that he originally wanted to let drivers play videos on the car's central console but abandoned the idea after several of them raised liability concerns.

Following several high - profile excessive fee lawsuits, more 401 (k) plan sponsors than ever are hiring fiduciary - grade financial advisors to lower their liability.

What we have really seen over the past several years, in terms of the appreciation of markets and the decline of interest rates based on what the Fed has been doing, is a result which has eliminated the possibility of investors in bonds and stocks to earn an adequate return relative to their expected liabilities.

We make several adjustments to get from reported net assets to invested capital because companies can hide assets and liabilities off of the balance sheet in the form of reserves, operating leases, deferred compensation, and many other techniques.

Prior to the consummation of this offering, we will execute several reorganization transactions described under «Organizational Structure,» as a result of which the limited liability company agreement of Desert Newco will be amended and restated to, among other things, reclassify its outstanding limited liability company units as non-voting units.

While Jesner suggests that five justices likely would rule that the federal courts should not recognize an ATS cause of action against American corporations for their overseas activities, several federal appeals courts have exhibited little willingness to limit the scope of ATS liability unless directly ordered to do so by the Supreme Court.

The proposed law also clarifies several aspects of the existing law such as the liability risk attributed to funding portals.

The money paid to Daniels flowed through Essential Consultants, a limited liability company Cohen created in Delaware several weeks before the election.

In conversations there with producers from several networks, Gerry says, he was told that his name would be too much of a liability for him to work games at the national level.

Alexander Polikoff, attorney for board President Walter Netsch, said that Kelly «s failure to discuss critical issues with new park district leaders before he resigned has handicapped officials in negotiating several pressing matters, including the liability and dramshop insurance coverage for Chicago Bears games at Soldier Field and the awarding of park district concession contracts.

After several years, the NAYS Coach Liability insurance program was enhanced to provide continuing education; plus, coaches receive a higher General Liability limit of $ 2,000,000 and a $ 100,000 Accident insurance benefit.

Sam Bayard, the assistant director at the Citizen Media Law Project developed by the Berkman Center for Internet & Society, said that while liability issues in connection to product reviews and blogging is fairly new territory, there are several things worried bloggers can do to try and shield themselves from lawsuits.

Several speakers at the confab presented Gillibrand's upwardly mobile track as a liability, and said it made her more likely to be dishonest.

They say loopholes, including donations to party housekeeping accounts, and the use of LLC's Limited Liability Corporations, can increase that amount several times over.

Like several other anonymous givers in recent elections, the limited liability company was not principally housed in New York, but in Delaware, a state where the laws provide such anonymity to businesses» corporate founders that some tax experts compare it favorably to the Cayman Islands.

Several states are devising schemes to allow residents to pay some of their state tax liability as a gift to a charitable fund rather than directly to the state...

To make matters even worse, since Limited Liability Corporations (LLCs) are subject to individual rather than corporate contribution limits under New York campaign finance regulations, one person could set up several different subsidiaries to funnel millions more into state campaignTo make matters even worse, since Limited Liability Corporations (LLCs) are subject to individual rather than corporate contribution limits under New York campaign finance regulations, one person could set up several different subsidiaries to funnel millions more into state campaignto individual rather than corporate contribution limits under New York campaign finance regulations, one person could set up several different subsidiaries to funnel millions more into state campaignto funnel millions more into state campaigns.

«The Affordable Care Act is unlikely to dramatically affect liability costs, but it may influence small and moderate changes in costs over the next several years,» said David Auerbach, the study's lead author and a policy researcher at RAND, a nonprofit research organization.

The expansion of health insurance accomplished under the Affordable Care Act may alter costs for several major types of liability insurance, although any such changes are likely to be modest, according to a new RAND Corporation report.

My fitness outreach is a lot more expensive than you might imagine, although the web hosting costs me several thousand a year, that is dirt - cheap compared to the cost of liability insurance, award t - shirts, and video production costs.

There are several options on where to get your standard Malpractice and General Liability Insurance, one of the companies that we recommend is JUA Underwriting Agency Pty Limited due to its affordability (www.jua.com.au).

Atlanta Public Schools Chief Financial Officer Lisa Bracken said the school district has higher costs for several reasons: The expense of city living drives up teacher pay; the district has «low population» schools that lack economies of scale but are kept open «due to urban traffic constraints and community needs;» many students need extra services because they have learning problems or disabilities, don't speak English fluently or come from poverty; and the district has a large unfunded pension liability with growing obligations.

This has been driven by several factors ranging from better fee structures to lower tax liabilities to bad press on actively managed mutual fund performance and other factors.

It finally turned to the joint and several liability rule under the Income Tax Act, which says that upon the death of the annuitant of a RRIF, the annuitant (or the annuitant's estate) and any recipient of RRIF proceeds are «jointly and severally liable to pay a part of the annuitant's tax» on the RRIF for the year of the annuitant's death.

There are several options available to Canadians for funding this tax liability.

That puts you in the awkward position of also being responsible for their portion of the liability loss over and above what your policy is able to pay, because of that joint and several liability.

If an investor needs to hedge a longer - term liability with several interest payment due dates then several «caplets» can be combined into a «cap.»

Home insurance actually encompasses several different types of insurance situations, such as damage to your home, liability from injuries to you or guests in your home, theft and more.

In this Question of the Week, Karen Baszak, CFP ® discusses several strategies to protect yourself from rental property liabilities.

Our Investment Management Services businesses manage several asset - liability programs which enable us to earn a spread between the income earned on a portfolio of assets and the interest costs associated with the liabilities incurred to fund the purchase of such assets.

It would be best to do it over several years, or even to wait until you retire, when your tax liability will be lower.

Seek Out Free Advice Commercial debt management companies offer several paid services to consumers, which can include everything from consolidation loans to debt counseling and the management of existing liabilities.

In addition to liability coverage, you can select from several other coverage options, including comprehensive coverage.

Although there are several mechanisms in place to prevent double taxation, the many differences between the two tax systems can still lead to unexpected tax liabilities — for example, capital gains or losses on the sale of capital property, exempt municipal bonds, income earned in a TFSA and RESP, and many others.

To make the tax liability of a Roth conversion more manageable, you could spread out smaller conversions over several years.

The Underwriting Agreement between the Trust and Northern Lights Distributors, LLC («NLD») provides that the Registrant agrees to indemnify, defend and hold NLD, its several officers and directors, and any person who controls NLD within the meaning of Section 15 of the Securities Act free and harmless from and against any and all claims, demands, liabilities and expenses (including the reasonable cost of investigating or defending such claims, demands or liabilities and any reasonable counsel fees incurred in connection therewith) which NLD, its officers and directors, or any such controlling persons, may incur under the Securities Act, the 1940 Act, or common law or otherwise, arising out of or based upon: (i) any untrue statement, or alleged untrue statement, of a material fact required to be stated in either any Registration Statement or any Prospectus, (ii) any omission, or alleged omission, to state a material fact required to be stated in any Registration Statement or any Prospectus or necessary to make the statements in any of them not misleading, (iii) the Registrant's failure to maintain an effective Registration statement and Prospectus with respect to Shares of the Funds that are the subject of the claim or demand, or (iv) the Registrant's failure to provide NLD with advertising or sales materials to be filed with the FINRA on a timely basis.

The Underwriting Agreement between the Trust and Ceros Financial Services Inc. («Ceros») provides that the Registrant agrees to indemnify, defend and hold Ceros, its several officers and directors, and any person who controls Ceros within the meaning of Section 15 of the Securities Act free and harmless from and against any and all claims, demands, liabilities and expenses (including the reasonable cost of investigating or defending such claims, demands or liabilities and any reasonable counsel fees incurred in connection therewith) which Ceros, its officers and directors, or any such controlling persons, may incur under the Securities Act, the 1940 Act, or common law or otherwise, arising out of or based upon: (i) any untrue statement, or alleged untrue statement, of a material fact required to be stated in either any Registration Statement or any Prospectus, (ii) the breach of any representations, warranties or obligations set forth herein, (iii) any omission, or alleged omission, to state a material fact required to be

Determine all airline regulations for acclimation, carrier specifications, baggage liability, and vaccination records several weeks prior to flying.

Let me explain, several years ago the then present owners couldn't afford to run Liverpool FC and couldn't raise the money to build a new stadium so after much «dealing» they sold it to a Mr Gillette who halved his liability by sharing the cost with a Mr Hicks.

The federal ITC allows for 30 % of the system cost to be claimed as a deduction to federal taxes, this incentive may be used over several years to suit anyones tax liability.

With the federal ITC 30 % of the system cost can be claimed as a deduction to your federal tax liability, this incentive can be stretched over several years to suit anyones financial standpoint.

In one case, it appears that the Chinese government may have targeted several Canadian law firms in an apparent effort to derail a $ 40 billion acquisition.11 In another, a firm's managing clerk is alleged to have accessed inside information about the firm's clients as part of an insider - trading scheme.12 Also, it recently was revealed that hackers working for the Chinese military targeted one company for information useful in ongoing litigation.13 Failure to secure such data from malicious employees, cyber-attacks, or carelessness can cause drastic reputational damage as well as liability.

From Firestone's faulty tires to VW's «safe diesel,» there have been many cases of manufacturer liability over the past several decades.

If no fault was attributable to you in the accident, joint and several liability is triggered.

Although several sellers have responded as being unaware of product liability issues, it should be a good reminder as to why a distributor, marketer or seller must be careful about items they purchase for resale and from whom they purchase their inventory.