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The companies will likely face a federal tax liability arising from the case, but how much is unclear.
Under that law, servicing companies that agree to modify loans receive some protection from liability arising from the loan changes.
Policies covering business activities almost invariably exclude liability arising out of the personal activities of the insured.
Aviation insurance normally covers physical damage to the aircraft and legal liability arising out of its ownership and operation.
The proposed master settlement agreement would control the terms in all pending cases and protect McDonald's from further liability arising from beef-flavored fries.
So far, every attempt to nail down the sale or merger of any of Andersen's businesses in the United States has foundered on the issue of liability arising from the firm's Enron audits.
Similar(31)
This implicit liability arises mainly from future increases in spending on pensions and health care.
"The duty has always, since product liability arose, been one of reasonable safety in light of the benefit of the product and its risks," he said.
However, for corporations, including media publishers, the threshold is a lot lower and their liability arises if they publish offending material negligently.
Strict liability arises where a publication creates a substantial risk that the course of justice will be seriously impeded or prejudiced.
The MPAA argues that inducement liability arises from an ISP's culpable intent – not from its storage services – while the DMCA safe harbor only protects against liability that arises from storage.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com