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    News and Articles on Joint And Several



    GBS Gold Commences Trading on the NEX Under the Symbol GBS.H  Nov 20, 2008
    The Company's Australian subsidiaries appointed Messrs Andrew Saker, Darren Weaver and Martin Jones of accounting firm Ferrier Hodgson as joint and several voluntary administrators on September 15, 2008 ... Administrator: ------------------------------------------- Mr. Andrew Saker Partner, Ferrier Hodgson Joint and Several Administrator Level 26, 108 St George's Terrace Perth, Western Australia, 6000, AUSTRALIA Tel: +61 (0)8 9214 1444 Fax: +61 (0)8 9214 1400 Website: Email. (CCNMatthews Press Releases)

    How Green Is the High Court?  Oct 24, 2008
    The companies here are challenging the 9th Circuit's refusal to apportion liability and its imposition of joint and several liability as well as arranger liability ... "Congress intended courts to use common law and the Restatement of Torts for apportioning liability among potentially responsible parties. It's only if that cannot be done on a reasonable basis, then and only then, does joint and several liability kick in. The case is very important in terms of the standard courts should use in... (Law.com)

    Company Update  Oct 16, 2008
    Administrator: -------------- Mr. Andrew Saker Partner, Ferrier Hodgson Joint and Several Administrator Level 26, 108 St George's Terrace Perth, Western Australia, 6000, AUSTRALIA Tel: +61 (0)8 9214 1444 Fax: +61 (0)8 9214 1400 Website: Email. The Company's mineral resources comprise indicated resources of 26. (CCNMatthews Press Releases)

    Union Reefs Operations Update  Sep 22, 2008
    In Perth, Australia: -------------------- Mr. Andrew Saker Partner, Ferrier Hodgson Joint and Several Administrator Level 26, 108 St George's Terrace Perth, Western Australia, 6000, AUSTRALIA Tel: +61 (0)8 9214 1444 Fax: +61 (0)8 9214 1400 Website: Email. The Company's mineral resources comprise indicated resources of 26. (CCNMatthews Press Releases)

    Federal Home Loan Bank of Atlanta Approves Agreement with the U.S. Treasury as Backup Liquidity Source  Sep 10, 2008
    Extensions of credit by the Treasury to the FHLBanks, or to any FHLBank, will be considered a consolidated obligation and will be the joint and several obligation of all of the FHLBanks. However, Dorfman noted that at this time, the Bank does not anticipate that it will need to tap the lending facility. (PR Newswire)

    Farish project: 'Wait and see'  Aug 10, 2008
    Watkins said new tenants will include an Improv comedy club, a classic blues club called The Juke Joint and several restaurants. Watkins said Freeman is committed to locating one of his Ground Zero Blues Clubs on Farish and tentative plans call for a restaurant similar to Freeman's Madidi Restaurant in Clarksdale. (The Clarion-Ledger)

    The Churchill Corporation Delivers Record Quarterly Profit  Aug 5, 2008
    In each instance the Corporation has provided joint and several guarantees, increasing the maximum potential exposure to the full value of the work remaining under the contract. Shareholders' equity was $84. (Canada Newswire)

    Seitz honored for tort reform work  Jul 30, 2008
    Scrapping Ohio s joint and several liability standard under which a business could be liable for 100 percent of a claim even if it was only responsible for causing a portion of the damages. The standard was replaced with a proportional liability standard. (Cincinnati Business Courier, OH)

    Osu land Case judgment  Jun 12, 2008
    LAWRENCE QUIST EX-PARTE: NII NORTEY OWUO III RULING: This is an application for a joint and several order of Committal of the Respondents for their contempt of the Court of Appeal and the Supreme Court respectively in respect of. 1. (Ghana Web, Ghana)

    High Court convicts Osu Mankralo for contempt  Jun 7, 2008
    The Court admitted him to a self-cognisance bail of 10,000 GH cedis bail and awarded a cost of 500 Ghana cedis to the applicant, Nii Nortey Owuo III, Osu Mantse, who brought the application for a joint and several order of committal of six people for contempt of the Court of Appeal and Supreme Court rulings on the Osu chieftaincy dispute that had upheld his status as the chief. Those against whom the action was commenced are Nii Ako Nortey IV, Nii Nortey Omaboe III, Nii Saban Atsen VI, Nuumo... (Ghana Web, Ghana)

    Petaquilla Minerals Ltd. Closes First Tranche of Senior Secured Notes Financing  May 23, 2008
    Trading Symbols: TSX: PTQ OTCBB: PTQMF FWB: P7Z VANCOUVER, May 22 /PRNewswire-FirstCall/ - Further to its news release dated April 28, 2008, Petaquilla Minerals Ltd. (the "Company") announces that it has closed the first tranche of its Senior Secured Notes financing (the "Financing), issuing a total of 32,250 Units and raising gross proceeds of $32,250,000 USD. Each Unit consists of one Senior Secured Note in the principal amount of $1,000 USD (each a "Note") of the Company and warrants (each a... (PR Newswire)

    Pensions regulator updates clearance guidance  Apr 10, 2008
    Group guarantees or making all participating employers joint and several. The package of mitigation measures that are appropriate in each particular circumstance are entirely dependant on the circumstances of the scheme, the employer and the nature of the Type-A event. (Accounting Web, UK)

    Landslide victim wants neighbor, county to pay  Apr 7, 2008
    To Citizen wrote on Apr 6, 2008 10:28 PM:" You make a strong statement ("The County is liable"), but it lacks any credible basis. Do you base your conclusion on the always reliable and accurate news story? Do you deduce liability on the words/emotions of the potential parties/litigants? Have you seen and reviewed carefully the reports of the geotechnical experts? Have you considered the fact that Washington state is a joint and several liability state? Do you know precisely what actions County... (Longview Daily News, WA)

    STMicroelectronics, Intel and Francisco Partners Close Transaction to Create Numonyx  Mar 31, 2008
    Also at the closing, Numonyx entered into financing arrangements for a $450 million term loan and a $100 million committed revolving credit facility from Intesa Sanpaolo S.p.A. and Unicredit Banca d'Impresa S.p.A. The loans have a four-year term and Intel and STMicroelectronics have each granted in favor of Numonyx a 50% guarantee not joint and several, for indebtedness. At close, Numonyx has a cash position of about $585 million. (PR Newswire)

    'MedMal:' Medicaid should conform to limits  Feb 29, 2008
    e. limiting the counties where lawsuits can be filed), and joint and several liability (i. e. the amount of money defendants are required to pay in civil lawsuits when they are found partially at fault). (The Clarion-Ledger)

    Reed Elsevier's ratings unchanged after ChoicePoint buy ...  Feb 23, 2008
    Reed Elsevier refers to Reed Elsevier PLC and Reed Elsevier NV and the entities guaranteed by these companies on a joint and several bases, the rating agency said ... Reed Elsevier refers to Reed Elsevier PLC and Reed Elsevier NV and the entities guaranteed by these companies on a joint and several bases, the rating agency said. (Hemscott)

    Riverton attorney wants lawmakers to study workplace liability  Feb 20, 2008
    Vincent is asking legislators to launch an interim study to consider whether lawmakers should reinstate the "joint and several liability" statutes, which were repealed in 1986. "Joint and several liability" refers to legal tools used to assign degrees of liability in workplace deaths and injuries ... Tribes did not follow the state's lead, and maintained the joint and several liability statutes. (Rapid City Journal, SD)

    It's the way you say it  Feb 18, 2008
    Alliances and collaboration agreements are an approach to contracting on a `partnering' basis without the problems of a legal partnership, such as joint and several liabilities. They can be either formal or informal. (Sydney Morning Herald -- Business)

    Income shifting: The debate begins as Treasury publishes consultation  Dec 6, 2007
    I suppose it may be too early to speculate as to ways round the new legislation but the examples on partnership are particularly worrying as where there has been joint and several liability the revenue have not previously pressed the settlement provisions but it is clear that they would be caught by this idea of income splitting - and effectively with retrospective effect is catching partnership arrangements established and running without challenge for many years. This is much more than... (Accounting Web, UK)

    Students must think about housing now  Oct 18, 2007
    Will the lease be joint and several or individual ... With joint and several leases, you can be held financially responsible for your roommates' rent if they pull out of the apartment or fail to pay it. (Daily Collegian, PA)

    Tort reform effective  Oct 14, 2007
    The 2004 tort reform put more attention on factors such as venue and joint and several liability, while removing the cap inflation schedule. But its effectiveness is difficult to measure being passed so close to the 2002 tort reform. (The Clarion-Ledger)

    Divorced? Taxes May Still Bind You  Oct 1, 2007
    Since 1998, there are three different ways to avoid joint and several responsibility. Under the first, the Innocent Spouse Rule, you may qualify for relief if you meet the four following requirements. (Forbes -- Business)

    Court action  Sep 21, 2007
    O'Rourke was placed on probation under the supervision of the State Board of Probation and Parole for a period of five years with the added conditions of supervision that he maintains mental health treatment and pay joint and several restitution in the sum of 9,840. 00. (Moberly Monitor-Index, MO)

    Taxation of married couples. By Rebecca Benneyworth  Sep 10, 2007
    Any tax liability would be the joint and several liability of both and again I dont see any particular problem here it is part of the cost of joint taxation that each undertakes a responsibility for the tax due. Where neither is within self assessment, but one or both fully within PAYE the system needs to be simple to operate and provide certainty and the correct tax outcome at the end of the year. (Accounting Web, UK)

    Reforms have positive effect on medical crisis  Jun 17, 2007
    Act 57 of 2002, known as the Fair Share Act, reformed the concept of joint and several liability by holding parties responsible only for their percentage of fault in a liability action ... We need to pass joint and several liability reform again. (Scranton Times, PA)

    Business scores key legislative wins  May 14, 2007
    Overall, legislators and lobbyists agreed it was a good session for the business community, which will receive more funding for economic development and can delay worrying about the Legislature reinstating joint and several liability for another year. This article is for Paid Print Subscribers ONLY.. (Jacksonville Business Journal, FL)

    Henry vetoes civil justice measure, plans to work on compromise  May 1, 2007
    He specifically mentioned the bill s 300,000 cap on non-economic damages, also called pain and suffering, and what he said were unintended consequences of the bill s provisions on class action and joint and several liability. Supporters of the bill have said caps on non-economic damages in other states have driven down the cost of medical malpractice insurance. (Bartlesville Examiner-Enterprise, OK)

    Greedy 'fix' not just or fair  Apr 27, 2007
    Just one year ago, the Florida Legislature finally stepped up and repealed the grossly unfair doctrine of joint and several liability ... Thankfully, the repeal of joint and several smartly changed the law so a business or individual is now responsible to pay only for his or her fair share of a loss ... This time the personal-injury lawyers are using soft-sell tactics in Tallahassee to "fix" the hard-fought repeal of joint and several. (Orlando Sentinel -- Opinion)

    Citizens meet with Senator  Apr 25, 2007
    The new tort bill changes joint and several liability. You will only be responsible for the percentage of damage you caused, he explained. (Alva Review Courier, OK)

    Reverse charge VAT rules How will they impact your business?  Apr 18, 2007
    Joint and several liabilityIn the recent budget, HMRC extended the scope of its powers to make a business in a supply chain responsible for any tax loss if "...they had reasonable grounds to suspect that VAT would go unpaid elsewhere in the supply chain". This puts the onus on bona fide businesses to ensure that they are not being used in a chain of fraudulent transactions, albeit innocently. (Accounting Web, UK)

    Partisan vote sends civil justice reform bill to House floor  Apr 13, 2007
    Eliminates joint and several liability, which assigns compensation in injury cases involving multiple parties. Adjusts prejudgment interest guidelines to prevent interest on future judgments from accruing until 36 months after a lawsuit is filed. (Bartlesville Examiner-Enterprise, OK)

    Is Gov. Rendell's 'Prescription for Pennsylvania' Good Medicine?  Apr 10, 2007
    "There are some issues that we think aren't included in the plan that we believe also would be important for Pennsylvanians, and that's additional medical liability reform - particularly joint and several liability reform - to make sure that we're able to access liability insurance and afford it and bring those costs down as well," says Bussard. "There may be areas where we all need to discuss a little bit more the best way to do it." The best way to do it also concerns the Pennsylvania Chamber... (Pennsylvania Northeast Business Journal, PA)

    Associate Court report  Mar 23, 2007
    Joint and several restitution was ordered paid. Tyler Keith Mallory appeared before the Court and withdrew his earlier guilty pleas to two class C felony possession of controlled substance offenses and entered pleas of guilty. (Moberly Monitor-Index, MO)

    Churchill reports record revenue and net earnings for 2006  Mar 19, 2007
    In each instance the Corporation has provided a joint and several guarantee, increasing the maximum potential payment to the full value of the work remaining under the contract. Shareholders' equity was $47. (Canada Newswire)

    TODAY'S QUESTION: I have a house in Arizona my brother and I bought together in May 2005. I am the primary signer and my brother is the secondary. When filing federal taxes can my brother and I spilt the tax break? Or does the IRS only allow one person to take the credit?  Mar 7, 2007
    When two persons have joint and several liability for a tax, meaning each joint owner is liable for the full amount of the tax, it may be deducted by the one who actually pays it ... In some cases, Tenants in Common do not have joint and several liability for a tax. (USA Today -- Money)

    National restaurant chains discover growing North Port  Feb 14, 2007
    At Price and Sumter boulevards, a fast-food joint and several other restaurants are planned as part of a 500,000-square-foot retail development. Room for another restaurant and a fast-food place are part of a development at Toledo Blade and Price boulevards. (Herald-Tribune)

    PA Chamber Looking For Details on Governor's Proposed 'Employer Health-Care Tax'  Jan 18, 2007
    Any health-care discussion must also address the factors that are driving costs, including mandated benefits and the grossly unfair joint and several liability system,'' he stressed, noting that as a candidate, Rendell promised to sign joint and several reforms, but vetoed a measure to do so last year. Warner said the PA Chamber's goal as the debate moves forward is working with the administration and state lawmakers to ensure that the ``Prescription for Pennsylvania'' doesn't become a... (Primezone Releases)

    Open season for securities-related class actions  Jan 8, 2007
    Moreover, Korea imposes full and separate liability among individuals involved, but in the United States, joint and several liability is imposed upon those individuals who have knowingly committed such a violation of the securities laws and all other persons are liable solely for the portion of the judgment that corresponds to their percentage of responsibility (proportionate liability). It would be desirable to set a maximum limit on damages, which is not the case in Korea. (Korea Herald, Korea)



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