Hawn added that ECMC chose not to purchase the Everest and WyoTech schools in California because of concerns about legal liability stemming from a pending case against Corinthian by California Atty.
Depending on the contract, the insurer may promise to financially protect the insured from the loss, damage, or liability stemming from some event.
The analyst reduced the target price on Lyondell to $27 from $29, citing his base-case estimate of approximately $2 per share in liabilities stemming from an unfavorable jury ruling related to lead-paint litigation in Rhode Island last week.
Asbestos litigation is a real stinger: For the first nine months of this year, the company shelled out $134 million in asbestos-related liabilities stemming from a long-defunct gypsum plant.
Crown Cork also has an asbestos liability, stemming from its brief ownership of an insulation company in 1963.
A looming issue relates to the potential liability stemming from the Mortgage Electronic Registry Systems, or MERS.
Freeman persuaded a reluctant Corning to eat any liability stemming from overbilling (it later paid $210 million to resolve federal claims).
He added, "Stratim's lawsuit is nothing more than a transparent preemptive ploy to avoid liability stemming from Mr. Fishman's notice of resignation and Stratim's contractual liability resulting therefrom".
The Defense Department and Pentagon contractors who face legal liability stemming from rocket fuel contamination have lobbied for six years to avoid a federal drinking-water standard for perchlorate.
At the suggestion of Mr. Fields, the plaintiff, who is a lawyer and was accompanied by a lawyer at the meeting, signed a release that purported to relieve MGM from liability stemming from use of the treatment.
So that June, Senator John Kerry, a Massachusetts Democrat, sponsored legislation that would exempt American officials from any liability stemming from the destruction of suspected drug-trafficking planes.
