Directors' & Officers' Liability. Legal news and articles for March 29 - 30, 2012

Guidance on central bank risk management is needed, says BoE's FisherEC stops vote-counting in Jh'kand, U'khand RS pollsJetBlue co-pilot calmly and quickly got jet downMedical Malpractice Insurance Costs Still High Reports Cleveland Medical ...Mukherjee: No Tax Liability for P-Note HoldersVodafone: Considering action over India tax lawsNo tax liability on P-notes holders: MukherjeeBP Says US Withholding Evidence of Extent of Oil SpillTerms of Reference of the Remuneration Committee (in PDF)AM Best Upgrades Issuer Credit Rating of Michigan Professional Insurance ...UPMC's liability in shooting is limited, experts sayJetBlue co-pilot calmly and quickly got jet downJudge forbids La to enforce abortion liability lawIMAGI Announces 2011 Final ResultsBreaking down Oklahoma's citizen's arrest laws

Top Picks in News

You are most likely liable as customer or contractor
Regina Leader-PostMarch 1, 2012

The best way to reduce the risks related to construction accidents or other liability issues is to sign a written contract with a professional builder or renovator that indicates compliance with health and safety regulations and that assures that the ...more »

RSA 2012: Unlock the power of your network, says Cisco
Infosecurity MagazineMarch 1, 2012

Software liability laws are needed to hold software companies accountable for making faulty products, argued Bruce Schneier, chief technology security officer with BT during a pro-con debate held Wednesday at the RSA Conference.more »

Directors' & Officers' Liability. News and Stories

Guidance on central bank risk management is needed, says BoE's Fisher
Risk.netMarch 30, 2012

Central banks could benefit from more guidance on best practice in risk management, according to Paul Fisher, executive director for markets at the Bank of England (BoE). Speaking at the National Asset-Liability Management conference in London ...more »

EC stops vote-counting in Jh'kand, U'khand RS polls
IANSMarch 30, 2012

In its communication to the returning officers of the assemblies of Jharkhand and Uttarakhand, the EC asked them to submit detailed and comprehensive reports of the conduct of polls Friday with special reference to any untoward incident immediately ...more »

JetBlue co-pilot calmly and quickly got jet down
ReutersMarch 30, 2012

"The law is if you are employed by a company and you do something that hurts anybody else, then the company is liable." said Juan Serrano, an aviation lawyer with Griffin & Serrano. If JetBlue had spotted a warning sign of mental strain in the pilot ...more »

Medical Malpractice Insurance Costs Still High Reports Cleveland Medical ...
Law Firm Newswire (press release)March 30, 2012

Cleveland, OH (Law Firm Newswire) March 30, 2012 – Medical malpractice insurance premiums are high in spite of tort reform, not because of it. β€œIt depends on how you look at medical malpractice as to how you feel about it. If you are a doctor, ...more »

Mukherjee: No Tax Liability for P-Note Holders
Wall Street JournalMarch 30, 2012

By KHUSHITA VASANT NEW DELHI – Holders of participatory notes, which are instruments used by foreigners to invest in Indian securities, won't face any tax liability on the investments they make in the local equity market, Finance Minister Pranab ...more »

Vodafone: Considering action over India tax laws
MarketWatchMarch 30, 2012

The changes "seek to apply, on a retrospective basis, tax liabilities which explicitly were not countenanced under Indian law in force at the time of the transaction between Vodafone and Hutchison," a Vodafone spokesman said in an emailed statement to ...more »

No tax liability on P-notes holders: Mukherjee
Reuters IndiaMarch 30, 2012

By Arup Roychoudhury and Rajesh Kumar Singh | NEW DELHI (Reuters) - Finance Minister Pranab Mukherjee said on Friday India will look into the possible tax liability of foreign institutional investors, raising the prospect that brokerages and other ...more »

BP Says US Withholding Evidence of Extent of Oil Spill
BloombergMarch 30, 2012

A magistrate judge in New Orleans today predicted a multiphase trial over liability for the spill will still go forward. David Nicholas, a BP spokesman, declined to comment immediately on the filing. Wyn Hornbuckle, a US Justice Department spokesman, ...more »

Terms of Reference of the Remuneration Committee (in PDF)
4-tradersMarch 30, 2012

SUMMIT ASCENT HOLDINGS LIMITED (incorporated in Bermuda with limited liability) (Stock Code: 102) Terms of Reference of the Remuneration Committee 1. Constitution 1.1 The Board of Directors (the "Board") of the Company has established a Committee of ...more »

AM Best Upgrades Issuer Credit Rating of Michigan Professional Insurance ...
Insurance News Net (press release)March 30, 2012

The ratings reflect Michigan Professional Insurance Exchange's risk-adjusted capitalization, long-term operating profitability, historical investment returns and leadership position as a provider of medical professional liability insurance for ...more »

UPMC's liability in shooting is limited, experts say
Pittsburgh Post GazetteMarch 30, 2012

... knew that John F. Shick was erratic prior to his March 8 attack on UPMC's Western Psychiatric Institute and Clinic, the hospital system may not face much liability under laws governing health care information, employee injuries and criminality.more »

JetBlue co-pilot calmly and quickly got jet down
ReutersMarch 30, 2012

"The law is if you are employed by a company and you do something that hurts anybody else, then the company is liable." said Juan Serrano, an aviation lawyer with Griffin & Serrano. If JetBlue had spotted a warning sign of mental strain in the pilot ...more »

Judge forbids La to enforce abortion liability law
Daily CometMarch 30, 2012

Louisiana malpractice law limits awards to $500000 and sets up a review board to decide, before a case can go to trial for damages, whether the doctor was negligent or provided poor care. The 1997 law amended state liability law - which does not limit ...more »

IMAGI Announces 2011 Final Results
MarketWatch (press release)March 30, 2012

The Group expects to achieve operational profitability, before the annual amortization of intangible assets and the reversal of the corresponding deferred tax liabilities of approximately HK$74 million related to its acquisition of TE Group.more »

Breaking down Oklahoma's citizen's arrest laws
KOKI FOX 23March 29, 2012

"But beyond that, they basically subject themselves to great civil liability if something goes wrong." What could go wrong is somebody could get hurt or killed, or the arresting citizen could arrest the wrong person, which would violate that person's ...more »

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