unlimited liability


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Related to unlimited liability: Sole trader
Translations

unlimited liability

n (Comm, Jur) → unbeschränkte Haftung
References in periodicals archive ?
The Indictment alleges that the Accused BoA3/4o MarkiA, in the capacity as founder and director with unlimited liability and responsible person in the legal entity NAMEKS d.
Allowing essentially unlimited liability undermines the financial health of the states utilities, discourages investment in California and has the potential to materially impact the ability of utilities to access the capital markets to fund utility operations.
We already had unlimited liability so the Lloyd's risk was easy to take.
The Debt Recovery Tribunal should be the adjudicating authority with jurisdiction over individuals and unlimited liability partnership firms.
After 1824, restrictions on banking were repealed, except unlimited liability, and joint-stock banks were formed based on the Scottish mold.
C Unlimited Liability Company and New Red Finance Inc (the issuers) announced on Wednesday that the issuers have launched an offering of USD1,250m in aggregate principal amount of first lien senior secured notes due 2022.
As a robustness test, we also examine a larger sample that includes both limited liability firms and unlimited liability firms.
My main analysis excludes firms with unlimited liability because there is no clear distinction between entrepreneurs' firm wealth and out-offirm wealth without the protection of limited liability.
For example, Colorado imposed triple liability on shareholders whereas California adopted a system of unlimited liability (Vincens 1957).
Unlimited liability means that a soldier will pledge his or her life to the service of Canada and, in turn, will receive unlimited care from the government if they are injured.
The Emergency Responder Act, introduced last week in the Senate and the Assembly, would protect firms aiding government during emergency response and recovery efforts from the threat of unlimited liability claims after the event.
Parliament on Thursday approved government-drafted legislation making it mandatory for cooperative credit institutions to issue shares for the purposes of raising capital, converting them from unlimited liability to limited liability companies.