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Many, therefore, take the sensible decision to keep a healthy amount of money in reserve to meet any liabilities.
Under the terms of the deal, Berkshire is protected from any liabilities arising from Manville's old asbestos business.
As a partnership, The DAO's participants would shoulder joint and several personal liability for any liabilities of the business, among other responsibilities.
At the present time, he is the sole director of this company and any liabilities that might apply in the case would be his to resolve," he said.
Axa, which hires hackers to test its own online security, sells insurance to companies to cover any liabilities they face as a result of a cyber-attack.
So long as Bear's board does not recommend another transaction, though, it still does cover any liabilities accrued prior to this termination.
Similar(24)
Any liability goes away.
"Nothing in the bill changes any liability.
The hospital did not admit any liability.
Credit Suisse, based in Zurich, denied any liability.
We shook hands to cover any liability.
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