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This week in Australia, a federal judge found that Standard & Poor's was liable for issuing the top investment-grade rating of AAA for a product she described as a "grotesquely complicated" piece of financial engineering.
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These could make the entities responsible for CER issuance liable for replacing CERs issued incorrectly in the past.
With Virginia Tech held liable for failing to issue a timely warning in the 2007 shooting massacre, alerts are becoming part of the soundtrack of college life.
Payment service providers will be liable for any fraud related issue and will have to be accredited on a yearly basis.
SIV sponsors may not be specifically liable for the performance of the ABCP issued, but they may suffer reputational risk if they do not repay investors.
If it is, the issuing company would be liable for tax on the interest payments, wiping out much of the advantage of the securities.
Agreeing with the Court of Appeals that the publishers are liable for infringement, we leave remedial issues open for initial airing and decision in the District Court.... We conclude that the electronic publishers infringed the authors' copyrights by reproducing and distributing the articles in a manner not authorized by the authors and not privileged by Section 201(c).
The image of Sergeant Schultz, the bumbling prison camp guard from "Hogan's Heroes," has always been good for a boardroom chuckle, but being liable for "willful blindness" remains a serious issue from a corporate governance perspective.
No one should be liable for debt because a bank or other business issued credit without verifying an applicant by checking the address held by the Social Security Administration.
While some speculated that the erroneous withdraws were down to a Coinbase engineering issue, Coinbase issued a statement saying it wasn't liable for the duplicate charges.
Q I've heard that the state's highest court recently issued a ruling about who is liable for injuries sustained by workers making repairs in an apartment.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com