Showing posts with label liability. Show all posts
Showing posts with label liability. Show all posts

Thursday, August 7, 2025

Tesla Autopilot verdict sends a chill across the industry

"I trusted the technology too much," George McGee testified. "I believed that if the car saw something in front of it, it would provide a warning and apply the brakes."


Wednesday, June 5, 2024

Opinion | How the Supreme Court Case on Purdue Pharma and the Sackler Family Could Change Bankruptcy Law - The New York Times

The maker of OxyContin is one in a long line of companies that have turned Chapter 11 into a legal Swiss Army knife, tackling problems that are a mismatch for its rules. Managing costly and sprawling litigation through bankruptcy can be well intentioned. But Chapter 11 was designed around the goal of helping financially distressed businesses restructure loans and other contract obligations. 

If companies instead turn to bankruptcy to permanently and comprehensively cap liability for wrongdoing — the objective not only of Purdue Pharma but also of many other entities over recent decades — they can shortchange the rights of individuals seeking accountability for corporate coverups of toxic products and other wrongdoing...

Tuesday, April 4, 2023

Preventing the Latest Texas Two-Step by Koch Industries on Cancer Liability

Koch Industries was the first conglomerate to use the bankruptcy maneuver—known as "the Texas two-step"—in 2017. It involves a "divisive merger," allowed under Texas law, in which a company splits in two in order to transfer all of its liability claims to a subsidiary that then declares Chapter 11 bankruptcy while the parent company retains all corporate assets and profits…

Wednesday, March 22, 2023

'Climate Homicide': Experts Say Big Oil Should Be Held Criminally Liable for Disaster Deaths

Fossil fuel corporations—the primary drivers of the climate emergency—are facing dozens of civil lawsuits that could see them pay billions of dollars for knowingly unleashing environmental destruction...

Friday, September 9, 2022

Sunday, August 30, 2020

Burning laptops and flooded homes: Courts hold Amazon liable for faulty products - The Washington Post


The e-commerce giant has lost a string on decisions holding it responsible for defects in products sold by third-party merchants on its marketplace.....

Wednesday, April 22, 2020

Trump says he’s aiming to shield corporations from legal liability for workers who contract Covid-19 on the job – Raw Story

President Donald Trump said during a press briefing Monday evening that his administration is aiming to shield corporations from legal responsibility for workers who contract the novel coronavirus on the job, a move that the Chamber of Commerce and right-wing advocacy groups are aggressively lobbying for as the White House pushes to reopen the U.S. economy against the warnings of public health experts. ....
https://www.rawstory.com/2020/04/trump-says-hes-aiming-to-shield-corporations-from-legal-liability-for-workers-who-contract-covid-19-on-the-job/








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