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As a result, the report said, Fannie might not be insulated from liability for their misconduct.
However, the court also held that the bank was not insulated from liability because it had both a nondiscrimination policy and a grievance procedure and that Vinson had failed to use the latter.
"They believe they are insulated from liability," Keith Altman, an attorney for the families, told VICE News.
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The differences: unlike proprietorships and partnerships, corporations are taxed twice, once at the corporate level and again at the individual stockholder level, but their owners (shareholders) are insulated from personal liability.
They would acquire the assets of the subsidiaries, but would need to be insulated from the liabilities of the parent.
The victim cannot shift these losses to the injurer because the injurer has insulated himself from liability by taking cost-justified precautions.
The judicially-created doctrine of qualified immunity has effectively insulated police from liability for Fourth Amendment violations and ensured that victims bear the burden of their own injuries.
That could mean demolition, if the railroad were sufficiently insulated from cost overruns and liability claims.
Dow says it's insulated from Carbide's Bhopal liabilities by virtue of how it structured its acquisition.
It insulates them from liability".
But by insulating contractors from liability, the administration has placed an unacceptable burden on the American mission, undermining the essential goal of winning Iraqis' trust.
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