and to overcome the hurdle of non ability of poor individual to provide collateral security joint liability scheme were … introduced. Here in the joint liability model the social cohesion is undertaken as the collateral for the provision of the loans … leading to decrease in the default rate. The joint liability has been explained by various authors majorly in three basic …

public policy limitations on joint liability in asbestos and other appropriate cases. The Article analyzes holdings that … support asbestos-specific limits on joint liability, and explains why unlimited and unrestrained joint liability represents … unsound public policy in the current asbestos litigation environment. The Article concludes that limits on joint liability in …

We consider a situation in which agents have mutual claims on each other, summarized in a liability matrix. Agents … prevailing bankruptcy rules that satisfies limited liability and priority of creditors. Since clearing payment matrices and the …

liability exacerbates the incentive problem even further. A Limited Seniority Rule, where the firm may issue senior debt up to …. Shareholder liability, mandatory liability insurance and punitive damages are also discussed …

This Article argues that the liability framework governing securities trading is unable to effectively deter and … compensate harms in algorithmic markets. Theory underscores the significance of robust laws to safeguard information flows and …, benchmarking compliance using the three familiar standards grounding liability: (i) intent; (ii) negligence; and (iii) strict …

example of a pre-Bankruptcy Code resolution of a mass tort through an insolvency scheme. The Comment agrees with McKenzie …