The Court of Appeal's recent judgment in Topalsson v Rolls-Royce looks at how the set-off of counterclaims should be addressed as well as interest when it comes to liability caps. Topalsson contracted ...

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 ...

Add Yahoo as a preferred source to see more of our stories on Google. The deadly Lahaina fire of August 2023 was a traumatic, catastrophic event, taking more than 100 lives and causing losses that can ...

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 ...

BRUSSELS, Belgium — The European Commission this month issued its long-awaited recommendation on the limitation of auditor liability. Though the move was welcomed by auditor groups, the proposal has ...

REP. RUSH HOLT, D-N.J. calls the Oil Pollution Act of 1990's liability cap of $75 million for offshore facilities “laughable.” We couldn't agree more. The cap should be raised, and raised ...

A proposed South Dakota bill would establish a 10-year liability cap for in-state aviation parts manufacturers, aimed at attracting new businesses and jobs to the state. This liability cap includes ...

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 ...

Robert Siegel talks to New Jersey Sen. Robert Menendez about his efforts to raise the liability cap on oil spills — from $75 million to $10 billion. The draft law would not only affect future spills, ...