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The Roman Catholic Diocese of Wilmington, Del., said Monday that it had filed for bankruptcy to manage the potential liability resulting from a flood of lawsuits on sexual abuse by members of the clergy.
Mark T. Olesnicky, the president of the Medical Society of New Jersey, attributed the rate to various factors, including doctors' concern about liability resulting from trauma during vaginal delivery.
Though Mr. Martin was unsure if he had any legal liability resulting from the sale of the painting, he said, "The gallery that sold me the picture has promised to be responsible to me, if I'm responsible, but it's still unclear".
Hacker insurance, a niche policy offered by firms such as AIG, Chubb, Zurich Financial Services and Lloyd's of London, covers lost e-commerce sales, the cost of private investigators to hunt down hackers, liability resulting from consumer lawsuits and even ransom payments to cyberextortionists.
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This liability resulted from insufficient contributions to the teachers' pension plan during the period leading up to 1992.
Second, Goldman said, shareholders are exposed to liabilities resulting from tobacco litigation involving Philip Morris.
Executives at both Biomatrix and Genzyme say the risk of potential liabilities resulting from the deal is slight.
The agreement hinges on a bankruptcy judge's agreeing to shield Honeywell from current and future asbestos liabilities resulting from Bendix.
Insurers could be forced to pay out more than $1bn£700m0m) to cover liabilities resulting from the crash yesterday in New York of American Airlines flight 587.
On November 15th BP agreed to pay $4.5 billion over five years to settle all the criminal liabilities resulting from the rig explosion and oil spill.
Then there are the legal liabilities resulting from all the likely false-positive responses that will doubtless lock a proportion of sober drivers out of their vehicles or incapacitate their engines in some way.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com