They also won an E.U. ruling that the tax liability should be proportionate to the time spent in Spanish waters.
Based on our findings, we argue that, rather than a decision about the extraterritorial application of Rule 10b-5, Morrison can be better understood as implementing an approach in which a foreign issuer's liability exposure is proportionate to the extent of its presence in the U.S. capital markets.
"Costs can be very proportionate if the NHS will admit liability promptly when it's appropriate.
Indeed, an independent Openreach, which would presumably be burdened with a proportionate share of BT's pension liabilities, might try to milk profits over time.
More specifically, it states that: Without prejudice to Member States' civil liability regimes, Member States shall provide for effective, proportionate and dissuasive penalties in respect of statutory auditors and audit firms, where statutory audits are not carried out in conformity with the provisions adopted in the implementation of this Directive (art. 30.2 chap. VII, Directive 2006/43/EC).
Without prejudice to Member States' civil liability regimes, Member States shall provide for effective, proportionate and dissuasive penalties in respect of statutory auditors and audit firms, where statutory audits are not carried out in conformity with the provisions adopted in the implementation of this Directive (art. 30.2 chap. VII, Directive 2006/43/EC).
Apart from the also intriguing question as to how on earth seven years of covert surveillance could have been a proportionate way to monitor their activities, there is also the minor issue of liability under ordinary UK law (Bond's conduct would have been regulated by the Intelligence Services Act, but Kennedy was not a spy).
In 1990, the Canadian Supreme Court did away with felony murder liability for accomplices, saying it violated "the principle that punishment must be proportionate to the moral blameworthiness of the offender".
But he said Friday that Texaco completed "government-supervised" environmental remediation efforts that were "proportionate to its share of the consortium". In 1998, the Ecuadorean government "released Texaco of all further liability," he said.
Or even remotely proportionate.
