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Current legislation limits the amount of economic-related liabilities to be paid by a company on account of an oil spill to $75 million. A move to amend that legislation and raise the liability cap to $10 billion was blocked in the Senate because Big Petroleum, who is responsible for a recent spill has given its word that it would cover the cost of all damages and clean-up costs deriving from a recent oil spill in an ecologically significant marine area that supports a thriving fisheries and recreation industry and is home to many endangered and threatened marine animals and waterfowl. Big Petroleum Chairman of the Board made the statement after convening a Special Meeting of the Board and studying videos of the damage taken by film crews. It is estimated that actual costs of clean up and industry losses could even exceed the $10 billion proposed cap. Meanwhile, other companies involved in the oil spill have now gone to court invoking limits on their liability as provided by law.While you sympathize with the people, animals and industries affected, as a stockholder in Big Petroleum you are outraged at the decision of the Board of Directors to accept full economic responsibility for the damage when the total is unknown. After all, there is a HUGE difference between $75 million and Billions! And, the Board even voted to pay $25 million for an ad campaign for one state to let tourists know its beaches are clean. Nuts! This liability could wipe out your investment and ruin your retirement and that of other investors, including several pension plans that are heavily invested in Big Petroleum.(1) What kind of lawsuit would you bring and for what purpose? Explain. (2) What defense or defenses will Big Petroleum invoke?
Critical analysis of issues and problems, and their potential negative influences for the selected organization
Discuss the legal ramifications of the division of condo, BioTech and other assets. Would it make any difference if Violet sold the property after filing for the dissolution of marriage?
Choose two different type of squats and contrast the muscles worked. In other words, choose two different mechanics variations and tell us how they work the same muscles a little bit differently.
Describe some of the advantages for using a research-based approach to problem resolution in your organization or practice.
Who has overcome various obstacles and achieved his or her goals? What have they achieved? How can this person's story of triumph influence your academic goal of obtaining a degree?
You should be able to rule out several other disorders in the course of your diagnosis.
Describe an example of a television program that you believe clearly displays social deviance, and explain why you specifically selected it. In this television program, how are people "labeled" as socially deviating from the expected social norms..
Smiling and making polite remarks to people we do not like is an example of
Need an annotated bibliography written on the pollution in china it should have five to seven refferances
Explain how to measure a nursing practicum objective. What difficulties might occur in attempts to measure the attainment of each practicum objective?
This job describes the biracial identity development model developed by Kerwin and Ponterotto.
How did the Black Death vastly change the dynamics of Europe and what are some of the specific impacts it had on society, economics, and culture?
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