jointly and severally liable in a sentence
Examples
- In a general partnership, two or more entities come together to form a new business entity where each partner is jointly and severally liable for all legal and financial obligations.
- The law, however, makes an exception for health-care providers, so doctors in Missouri cannot be held jointly and severally liable for more than the share of fault a jury assigns them.
- The organizational managers who participated in the transaction may also be fined an aggregate of $ 10, 000 per violation and are jointly and severally liable for payment of such penalty.
- Judge Baer added : " Again, since the al-Qaeda defendants and Iraq are jointly and severally liable, they are all responsible for the payment of any judgment that may be entered ."
- In November 1986, the District Court approved a comprehensive magnet school and capital improvements plan and held the State and the KCMSD jointly and severally liable for its funding . 1 App . 130-193.
- In this situation too, most courts will hold all the defendants that Paula names ( possibly everyone on the medical staff that was in the room during her surgery ) jointly and severally liable.
- While the contract may be modified to prevent any excess benefit once any penalties are paid, organization managers may be liable for penalties up to $ 10, 000 and held jointly and severally liable.
- In a traditional limited partnership the general partners are jointly and severally liable for its debts and obligations; limited partners are not liable for those debts and obligations beyond the amount of their capital contributions.
- While you may have been oblivious to his or her shenanigans, the federal tax code holds each of you " jointly and severally liable " for the full amount of taxes owed plus penalties and interest.
- Boyles said a previous case in British Columbia established that the government and churches were " jointly and severally liable, " meaning that if the churches cannot pay an amount ordered by a court, the government must.