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...Attal has not closed the door although he insists they should hit companies rather than individual taxpayers....
...MS Amlin, one of the biggest Lloyd’s of London insurers, plans to expand in areas such as marine cover and liability insurance after spending three years repairing its underwriting profit margins....
...While a couple of hundred of these still hold unlimited liability, new Names typically have limited liability....
...Several current and former employees said they were unable to access and review information easily about their shares in the company, noting the ownership details are managed via ByteDance’s China-based...
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...“There is a lot of cover for the [protection and indemnity] element to address,” said Neal, citing the $3bn of liability reinsurance that the ship has access to through the International Group of P&I Clubs...
...The filings also showed a series of dividends between Berkshire’s subsidiaries and National Indemnity, as well as the parent company itself....
...On Thursday, the company borrowed £2.85bn to refinance debt raised in its 2021 buyout, in a deal that will reduce its overall debt load by £340mn, prompting Moody’s to upgrade its credit rating and Fitch...
...Even without a bankruptcy filing, liability management transactions have proved increasingly complex, contentious and expensive....
...But Brenda Leong, a partner at Luminos Law, said it was “important for companies to understand that [the indemnities] are very narrowly focused and defined”....
...If it is a charitable company, you will also be a director under company law and need to ensure the charity complies with company law requirements in addition to charity law....
...Insurer databases showed Dali had liability insurance through Britannia, one of a global group of protection and indemnity insurers that shares losses and are ultimately reinsured at Lloyd’s of London....
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...One focus is likely to be the protection and indemnity insurance covering the ship, a must-have liability insurance intended to pay out for crashes, oil spills and other disasters, the people said....
...Against this backdrop, insurers in various countries are being urged to consider more closely the risk that their offshore reinsurance arrangements might fail and they are forced to take back their liabilities...
...This indemnity kicked in last year, and since then money has flowed from Treasury to the Bank....
...Though it is an accounting entry and no cash or assets are changing hands, the liability reflects the increased risk Blackstone may eventually have to forfeit some Breit shares it owns to the California-based...
...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...
...A revised Product Liability Directive reverses the burden of proof on manufacturers of physical and digital goods....
...Wood has struggled to delever quickly as promised after its 2017 takeover of Amec Foster Wheeler, which saddled it with both debt and legal liabilities....
...No concessions of liability have been made,” the company said....
...Non-compete clauses were designed to protect companies’ trade secrets and safeguard their relationships with customers....
...He added the company “never expected or requested” residents to fund the work and would not delay remediation work, which is under way....
...Companies with hard-to-quantify liabilities become virtually uninvestable....
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