So an important issue will be whether the S.E.C. can show that knowing the size of Goldman's trades in particular was sufficiently important on its own to constitute material nonpublic information to set up liability for insider trading.
Some boundary must be set to liability for the consequences of any act, upon the basis of some social idea of justice or policy". W. Page Keeton et al., Prosser and Keeton on the Law of Torts § 41 at 264 (5th ed. 1984).
How should lawmakers at the local, state, and national level set policy to determine liability, thwart harmful use, and protect consumer privacy?
Is there any law limiting the damages paid out by an oil company? A. The Oil Pollution Act sets the liability limit for economic damage claims at $75 million, but BP blew past that number long ago and has said it will pay all legitimate claims.
Setting aside liability for the moment, can governments regulate "black box" algorithms?
As a result, the master lease LLC tenant will be protected from statutory liability, such as the liability set forth in the MDL, because the individual owner will not be the "owner" under the statutory scheme and will be an out-of-possession landlord under the common law.
The threat of liability set off a predictable round of finger-pointing.
In an interview, he said the rulings were inconsistent with precedents set in product liability cases in California and other states.
International conventions, including the Montreal convention of 1999, mean it is difficult for an airline to escape responsibility for passenger deaths, and the rules set a "strict liability" in the event of a crash at about £105,000 per victim.
In addition to the limitations on our liability set out in Section 4, 16 and 17, we shall not be liable for any damage caused to or interference with any equipment or other Apps or content of any description.
And it would make it more likely that the companies involved would pay all claims for damage to the gulf coast, because the $75 million cap on liability, set by the Oil Pollution Act of 1990, does not apply in criminal cases.
