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...There were 36,000 individual Names at Lloyd’s but now the number is just a few thousand. While a couple of hundred of these still hold unlimited liability, new Names typically have limited liability....
...Attal has not closed the door although he insists they should hit companies rather than individual taxpayers....
...Another focus for MS Amlin is to grow its casualty insurance lines, such as policies which provide cover for legal claims against a company’s management team....
...“This is a horribly managed company,” said Spaulding Ryan....
...Without a finding of criminal intent, in any civil case EY’s liability would be capped at €4mn....
...One firm linked to Barrowman, Smartpay Limited, is an “umbrella company” used by recruitment agencies to pay workers....
...Asda’s owners created nearly £1.5bn of new liabilities that are not counted in the supermarket chain’s headline debt figures to finance a buyout of a petrol stations business that they also control.Asda...
...“liability management”....
...Synergy Group, the Singapore-based owner of the Dali, did not immediately respond to a query about whether it planned to take advantage of the limited liability provisions....
...limited liability partnership....
...Together these are significant liabilities for UK citizens....
...The ship’s liability insurance is provided in the first instance by Britannia P&I, part of a global group of liability insurers that share their losses between themselves and $3bn worth of reinsurance....
...In such deals, life insurers offload, often to a reinsurer in a foreign jurisdiction, what is essentially a chunk of their liabilities, plus the assets that support those future promises....
...These guarantees were sometimes required even if a business had limited liability and were a deterrent to businesses borrowing in order to expand, the FSB said....
...But Blackstone has had to record a liability to UC based on how far Breit has fallen below its return promises....
...Yet this is a prime example of when take-private deals of struggling companies may be no bad thing....
...A revised Product Liability Directive reverses the burden of proof on manufacturers of physical and digital goods....
...Using it chart you will see that while: banks are not particularly asset- or liability-dependent on any particular NBFI sub-sector … several NBFI sub-sectors are asset- or liability-dependent on banks...
...No concessions of liability have been made,” the company said....
...The two funds are investors alongside Dutch pension fund APG in Get Living, a rental housing company set up by Jamie Ritblat’s property advisory company Delancey....
...Companies with hard-to-quantify liabilities become virtually uninvestable....
...companies....
...To keep the Reparations Loan from eroding Ukraine’s debt dynamics, the Reparations Loan would be structured as a “limited recourse” obligation, meaning that the G7 lenders would look only to their collateral...
...But J&J took it a step further, by filing not the whole $350bn company but a contrived subsidiary. The company had said it would pay up to $60bn of liability....
...Depending on their circumstances — such as family ties and location of residences — they could still retain a home in the UK and spend a limited amount of time in the country....
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