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While hardly seen as bargains, the existing liability levels have not been raised in 33 years.
One proposal is to rewrite existing liability rules that force the city to pay the whole damage award in cases where it is only partly at fault.
But India still needs to produce a "memorandum of law" to spell out how India's existing liability law (from 2010) does not expose investors to unreasonable risk of prosecution in case of an accident.
The existing liability rules are limited to neighbours.
The existing liability cap -- and the related proof of financial responsibility -- should be significantly raised. .
Congress needs to recognize that the existing liability provision is no longer adequate to either deter bad behavior nor to ensure adequate compensation from a spill.
Similar(53)
Pensions experts warned that Tata Steel had done little to tackle the deficit and existing liabilities already in the scheme.
With companies and municipalities struggling to service their existing liabilities, they have far less appetite to take on yet more.
That carryover is unusual, Ms. Dowd said, since the buyers of assets in bankruptcy cases normally try to purchase them free and clear of their existing liabilities.
Meanwhile, every year with subpar growth makes our government's existing liabilities larger, and the fiscal adjustments the country is facing that much more difficult to make.
The project seeks to ensure that migration is increasingly understood as a process, one whose existing liabilities and inefficiencies can be curbed and whose quality and outcomes can be significantly improved through smarter policies.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com