Liability Caps News Today

Two of the most common queries Proskauer's UK litigation team is asked to advise upon are (i) the interpretation and scope of indemnities and (ii) liability caps.

The Minister for Public Expenditure, National Development Plan Delivery and Reform, Paschal Donohoe TD, and Minister of State with responsibility for Public Procurement and eGovernment, Ossian Smyth T.D., have announced significant amendments to the Public Works Contract to provide greater certainty with respect to risk in response to continuing challenges in the construction market. The

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Against big losses like a million dollars. they have liability caps that are below a million. >> that may be the lack of a connection here. kelly wallace, thinking about the story and the article last night, this is bigger than aol. they said listen, she could have called out cancer patients or other folks related to aol who needed a lot of money, but do you think this speaks the workplace and pregnant women. they mentioned the judgment call and are these pregnancy cases in her words stealing a ...

This is what happens when you have a big target like bp and the government wants to gang up on it and doesnt respect the rules of law. >> brian: dont they deserve to be ganged up on? look what happened in the gulf. dont they deserve to be ganged up on? >> no. they deserve the protections the law gives them. im not an apologist for them. im harshly critical of the government that gave them a liability cap which they agreed to get rid of. theyre entitled to the protection it of the rule of la. you...

Especially from the gulf coast coming to the rescue of these oil company executives. joe barton, top republican on the committee, says no doubt the companies are part of the problem but they are also part of the solution, and the u.s. needs to rely on its domestic oil production, and without that theres more of a demand on foreign oil production and relying on companies that are not friends of the united states, and he says that is not the way to go here. >> also, limiting the liability caps. it...

Controversy around caps, liability caps, what is your sense of how much of the cost or of the liability of whether its lost jobs, lost wildlife, or pure environmental clean-up, will end up with the u.s. taxpayer and how much will reside with the corporations who are drilling for the oil? >> dylan, the taxpayers will not spend a penny on this. because the companies are responsible for it. british petroleum and the other companies, they have said they will be responsible for it. it includes natura...