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Maybe Immelt is just what the commission needs to identify the methods that GE has perfected to avoid liabilities and to fix for future employment potential.
It's worth considering that just as Big Tobacco did before it, these chemical companies just might possibly be relying upon concealment of its documents from the public under intellectual property law to avoid liabilities and to evade regulation.
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"Corporations use mandatory arbitration to avoid liability," he said.
Delaware has outlined some very specific procedures to follow to avoid liability.
Then there are the problems of training and kit, and trying to avoid liability.
The company might plausibly seek to avoid liability altogether within that definition, he said.
"It's not good enough for companies to avoid liability by pointing to their CSR policies.
Is this just a legal technicality that allows Bank of America to avoid liability?
Other private investment groups have used such structures to avoid liability and regulatory scrutiny.
As he puts it, "the current system of disclosure is designed to avoid liability, not to inform anybody".
Furthermore, many umbrella companies are based overseas in order to avoid liability for tax on their profits".
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