corporate liability


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corporate liability

Health law A doctrine that hospital and health care centers have an responsibility to Pts that extends beyond that of merely furnishing facilites for treatment
References in periodicals archive ?
(75) Corporate Liability Rules in Civil Law Jurisdictions, "OECD Working Group on Bribery in International Business Transactions," (2000).
MoReq2010 is a modular approach that helps governments and businesses value, create, use, store, reuse, and destroy information appropriately to ensure that lack of information governance does not result in corporate liability. The DLM Forum said it expects most European countries will adopt MoReq2010 as a harmonized approach to information management, with the support of all the leading vendors.
(5) The court refused to classify corporate liability as a norm of customary international law, and held that tort actions against corporations are not actionable under the ATS.
Insurers that sell coverage for property damage and corporate liability shed 3,200 jobs in September, a 0.7 percent drop in just one month, bringing employment in the sector to the lowest level in at least 20 years, according to an analysis from the Insurance Information Institute (III).
"Because customary international law consists of only those norms that are specific, universal and obligatory in the relations of States inter se, and because no corporation has ever been subject to any form of liability (whether civil or criminal) under the customary international law of human rights, we hold that corporate liability is not a discernable--much less universally recognized--norm of customary international law that we may apply pursuant to the ATS," Judge Jose Cabranes wrote for the majority.
However, it has also called for Finland's foreign bribery laws to be strengthened: clarifying the definition of a foreign public official to include elected politicians; establishing corporate liability for accounting and auditing offences; and introducing whistle-blowing systems.
The bill, which is likely to be passed in parliament next week, triples corporate liability for compensation in case of a nuclear accident to $320m.
The seven men - all Indian - could be the first people to face jail in a 26-year legal battle that has highlighted the inefficiency of India's judicial system, and stirred a global debate about corporate liability for industrial accidents.
Similarly there is now corporate liability if bribery has been committed by intermediaries such as agents or subsidiaries in a company's name.
Through 2014, 80 per cent of Fortune 1000 companies will have moved from individual plans and liability to corporate liability and pooling for voice and data, according to Gartner.
Initially it made sense for the employers because they were not saddled with monstrous bills for car maintenance and other running costs, but now the grey fleet has a dark side - corporate liability.
Harsh entity-level penalties are especially prone to undermine the deterrence of those firms for which the need for corporate liability is strongest.

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