Compensation awards to victims of Friday’s Metrolink train crash could easily overwhelm a $200-million cap that Congress imposed 11 years ago on a railroad’s liability in any one accident. The limit, ...

In this Insight, Zaynah Mirza considers the case of CLS Civil Engineering Ltd v WJG Evans and Sons (a partnership) [2024] EWHC 194 (TCC) which concerned a number of issues including whether the terms ...

In October 2019, Rolls-Royce contracted with Topalsson to design, build, implement and maintain digital visualisation software which allowed Rolls-Royce’s prospective consumers to configure and ...

Looking for some certainty in an often-uncertain field, public companies are increasingly disclosing auditor agreements that place a monetary cap on any liabilities that may arise from accounting ...

“You would hope that there would not be more than $10 billion of damage, but understand it is for each episode,” the speaker added. A group of senators have introduced legislation that would raise the ...

A bill aimed at reshaping how Louisiana handles liability for carbon-capture incidents is gaining traction at the State Capitol.

A compromise between Iowa’s trucking industry and trial lawyers would create new liability protection from lawsuits filed over accidents involving commercial vehicles. The Iowa House, on a 58-42 vote, ...

WASHINGTON (CN) - Administration officials supported raising the $75 million liability cap for economic damages on oil companies for future spills, but said it won't be raised for BP for the Deepwater ...

A Senate panel looking into liability issues arising from the Gulf oil spill turned its attention to a liability cap that some lawmakers worry might be used by BP to get out of paying the full cost of ...

WASHINGTON — A top Obama administration lawyer Tuesday asked Congress to get rid of all federal liability caps that protect energy companies such as BP against huge damage payments to fishermen, hotel ...

Fuller said a tax is preferable to legislation raising the liability cap. Bills that have the support of Democratic leaders would raise the cap from $75 million to $10 billion, a potentially huge bill ...