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The Deepwater Horizon explosion and oil spill resulted in an onslaught of litigation. call if firef commenced almost immediately after the explosion and oil spill. By May 27, 2010, Transocean, which owned the Deepwater Horizon, said in testimony before the U.S. House Judiciary Committee that it was defendant in 120 lawsuits, of which more than 80 were class actions seeking payment for ...
The Deepwater Horizon investigation included several investigations and commissions, among others reports by National Incident Commander Thad Allen, United States Coast Guard, National Commission on the BP Deepwater Horizon Oil Spill and Offshore Drilling, Bureau of Ocean Energy Management, Regulation and Enforcement, National Academy of Engineering, National Research Council, Government ...
The golden rule in English law is one of the rules of statutory construction traditionally applied by the English courts. The rule can be used to avoid the consequences of a literal interpretation of the wording of a statute when such an interpretation would lead to a manifest absurdity or to a result that is contrary to principles of public policy.
Chief Justice Charles Evans Hughes wrote the opinion for each case, finding the government's power to regulate money a plenary power. Only in the Perry case the Court reached the question of the Gold Clause Resolution's constitutionality. It concluded that Congress acted unconstitutionally in voiding the government's prior obligations but not ...
Other related Acts include the S.1410, "The Smarter Sentencing Act of 2013" (Durbin, Lee, Leahy, Whitehouse) and S.1675, Recidivism Reduction and Public Safety Act of 2013 (Whitehouse, Portman). The Justice Safety Valve Act became one of many new bills to address prison overcrowding and the soaring cost to the American taxpayers. A quorum was ...
Sustainable development is a development that meets the needs of the present without compromising the ability of future generations to meet their own needs. It contains two key concepts within it: The concept of 'needs', in particular, the essential needs of the world's poor, to which overriding priority should be given; and
The test of whether a clause is severable is an objective test—whether a reasonable person would see the contract standing even without the clauses. Typically, non-severable contracts only require the substantial performance of a promise rather than the whole or complete performance of a promise to warrant payment.
United States Department of the Treasury. After the freeing up of world capital markets in the 1970s and the repeal of the Glass–Steagall Act in 1999, banking practices (mostly Greenspan-inspired "self-regulation") and monetized subprime mortgages sold as low risk investments reached a critical stage during September 2008, characterized by severely contracted liquidity in the global credit ...