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The premise underlying our holding was that these payments would have to represent compensation for rendering of economic services of benefit to all producers.
The Unites State Court of Appeals for the Third Circuit sided with the city and voided the fee award, saying that both $262 million and $187 million were "staggering in their size" and "may represent compensation at an astonishing hourly rate".
It is true that the majority there did decide that the challenged payments did not represent compensation for an economic benefit received by all producers, but regardless of the validity of that decision, it is irrelevant to the decision in this case.
Both spreads represent compensation for undertaking risk of one kind or the other.
These results suggest that the higher returns associated with contrarian investment strategies are the result of the higher illiquidity associated with value portfolios and represent compensation that the investor receives for accepting illiquidity.
Further, if the atmosphere is common property in which we all share ownership, then dividends represent compensation to all Californians for harm and constitute payment for services.
Similar(48)
It is important to mention that both intermediate CO2 treatments (I, IV) constitute 57% and 27% of the over-represented GO terms, respectively, representing compensation mechanisms mentioned above.
The payment in no way represents compensation for the past, present, or future services rendered by the individual to the University.
Unit labor costs, representing compensation increases adjusted for productivity gains, rose 5percentt in 1989 and are likely to rise "at least as much" this year, he said.
A generous estimate of total world retail expenditure is $150 billion.Furthermore, most of the American and West European expenditure on cocaine, heroin and other drugs goes to domestic distributors, representing compensation for the risks of imprisonment and injury incurred in that business.
The IRS said they represented compensation.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com