61. Supporters of the limits on legal liability said they were essential to protect businesses and taxpayers from bearing even greater losses in the event of another large terrorist attack. 62. That proposal has run into resistance from some companies, which have told the SEC that they fear it would increase the legal liability of audit committee members. 63. The agreement, in which the DOJ admits no wrongdoing or legal liability, averted that expensive humiliation. 64. The amendment, she said, would protect most employers from direct legal liability but would still expose them to higher costs. 65. The authority also sought to force the city to assume the costs of legal liability related to the merger, but finally agreed to share the costs. 66. The bigger threat to the companies, is the potential for legal liability, they said. 67. The bill was designed to neutralize employer concerns about such advice creating potential legal liability. 68. The bill was modified to inoculate companies from legal liability for such statements if they included cautionary amendments. 69. The court will decide if those reforms are sufficient for the city to avoid legal liability. 70. The decision appears to be a maneuver intended to release USC from potential legal liability, according to sources. |