Risk--in this case for workers' compensation liability--got passed from hand to hand in a game of hot potato.
Yet the surreptitious forms of compensation are a great liability hanging over consulting firms.
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Systems of liability, whether there are clinical negligence liability, No Fault Compensation systems or any other kind, stand in the way of openness and of being candid and honest with patients or admitting something has gone wrong.
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Five years ago Pallat, an articulate 39-year-old former industry consultant who is quick with numbers, saw a huge opportunity in the business of brokering liability for workers' compensation coverage, which by law most companies in the country must buy.
After that come insurance policies, for liability, workman's compensation and fire.
Lance hadn't factored in liability insurance and workers' compensation costs.
The home has not admitted liability, but its insurers paid compensation.
It will be better for the US to realise that the principle of compensation is inevitable - and negotiate a limit on Loss and Damage rather than leave the liability unlimited.
Because X Co. intends to pay the 2012 accrued bonus liability prior to March 15, 2013, the payments will not be treated as deferred compensation, and thus satisfy the economic performance test.
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While the National Childhood Vaccine Injury Compensation Act of 1986 recognized that vaccines DO cause disease, it was enacted in order to REDUCE the financial liability of vaccine manufacturers from lawsuits.
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The Mets have initiated the interpleader in order to ensure that the disputed deferred compensation funds are given to those that are properly entitled to it and to ensure that they are protected from further liability.
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