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Tag: liability
No liability for BofA for allegedly concealing $10 billion AIG case
2014-05-19 18:48:45| Oil & Gas - Topix.net
A federal appeals court said Bank of America Corp was not liable to shareholders for allegedly concealing a $10 billion fraud lawsuit by American International Group Inc , whose filing led to a 20-percent one-day plunge in the bank's stock price.
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No liability for BofA for allegedly concealing $10 billion AIG case
2014-05-19 18:42:08| Energy - Topix.net
A federal appeals court said Bank of America Corp was not liable to shareholders for allegedly concealing a $10 billion fraud lawsuit by American International Group Inc , whose filing led to a 20-percent one-day plunge in the bank's stock price.
Tags: case
liability
billion
allegedly
Railways and crude shippers weigh in on changes to liability rules
2014-05-19 10:49:32| Railroads - Topix.net
Railway operators and the petroleum industry have weighed in on how they think the risks of shipping dangerous goods by rail ought to be divvied up - and it's clear the two aren't on the same page.
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Zenimax threatens to sue Oculus VR for IP theft: Is Carmack a liability?
2014-05-06 12:51:25| Extremetech
Now that Oculus has Mark Zuckerberg as a sugar-daddy, it seems that ZeniMax wants in on some of that sweet Facebook cash. John Carmack's former employer is claiming that Oculus VR is unfairly using its intelectual property, and it's threatening to take action. John Carmack and the Oculus team quickly and publicly rebutted ZeniMax's claims, but the legal situation is bound to get even stickier from here.
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Canada triples operator liability for offshore oil spills, but is it enough?
2014-03-27 01:00:00| Offshore Technology
Canada has significantly increased the financial liability of offshore operators for oil spills in the Arctic and Atlantic oceans. Although the new legislation improves financial assurances for spill response, does it go far enough and can an adequat
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