acknowledges that joint and several
unlimited liability might create
Mueller does not differentiate the
unlimited liability firms from limited liability ones and includes these
unlimited liability firms in her main analysis.
I use the generalized dummy variable technique developed by Gujarati (1970a, 1970b) to examine whether DIV has a different effect on leverage in firms with limited liability than in firms with
unlimited liability. The modified model is:
Nonetheless, as Evans and Quigley (1995) argue, broader liability structures, including
unlimited liability, have the potential to overcome information asymmetries between creditors and shareholders.
To Kevin Berry, a veteran from the Afghanistan war and a sufferer of post-traumatic stress disorder (PTSD),
unlimited liability is not negotiable.
(66) Industry has long argued that the marine insurance industry is incapable of providing sufficient insurance coverage to cover
unlimited liability and that
unlimited liability would thus become the financial ruin of the maritime shipping industry.
However the fundamental issue of capping individuals' overall care costs so they are not left with potentially
unlimited liability cannot be tackled by Wales in isolation.
In the event, the eight justices of the court decided there must be no
unlimited liability for German funds.
Auriga Gold Corporation (TSX-V: AIA), a Canadian mine development and exploration company, has completed the acquisition of the Prosperity North Project in the Clinton Mining Division of British Columbia from Pioneer Metals
Unlimited Liability Company, a subsidiary of Barrick Gold Corporation.
Stephen McNamara of Ryanair said: "Ryanair notes that the Advocate General's Opinion is not binding on the Court and we hope the final Court decision will find in favour of Ryanair's appeal and remove the blatant discrimination in the EU261 airline regulations, which expose airlines to
unlimited liability."
The document would also provide for
unlimited liability in the case of environmental damage and the obligation to cover 100% of the cost of eliminating it.
Uncertainty over the likely cost of compensation as well as the prospect of
unlimited liability for Tokyo Electric, commonly known as Tepco, has unnerved investors since the crisis, triggered a widening of corporate bond spreads.
