Sentence examples for liable for breaching from inspiring English sources
The jury found Mr. Gundlach and three co-defendants liable for breaching their fiduciary duty to Trust Company, known as TCW, not their fiduciary duty to investors.
It also found all four liable for breaching their fiduciary duty to TCW and Mr. Gundlach liable for interfering with investor contracts.
If the trustees did not follow the rules set out in the prospectus, they may be liable for breaching their duties to investors who bought the securities.
The indemnification provision at most companies requires an officer or director to commit to repaying any advances if the person is found liable for breaching a fiduciary duty or engaging in conduct designed to harm the corporation.
A bitter trial that rattled the normally quiet world of mutual funds came to an unusual end on Friday, as a jury awarded Jeffrey E. Gundlach, a star bond fund manager, millions of dollars in unpaid compensation even though it found him liable for breaching his fiduciary duty and stealing trade secrets at his former firm, Trust Company of the West.
One official said US diplomats' gay partners may also be liable to arrest for breaching Indian laws against homosexuality.
States are liable for breaches of their obligations, provided that the breach is attributable to the state itself.
Under German law, managers are criminally liable for breach of trust if they intentionally cause losses by misusing funds entrusted to them.
Some international organizations are legally recognized as international actors and thus are liable for breaches of international legal obligations while others are not.
A state also is liable for breaches committed by its internal institutions, however they are defined by its domestic law; by entities and persons exercising governmental authority; and by persons acting under the direction or control of the state.
"Any person who acts in breach of Section 19, which binds everybody, is potentially liable for breach of the order and can be referred to the high court for appropriate action," Leveson said.
