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Liability of Administrators: Key Issue for the Australian Insolvency Professions
by Patrick Monahan and Damian Clancy
While corporate administrators often operate in firms, their appointment is personal. When an administrator leaves the employ of their firm, their appointment is unaffected by that departure.
Piercing Limitation of Liability in the Admiralty and Maritime Context
by Ethan Price-Livingston & David Y. Loh
One of the hallmarks of American admiralty and maritime law is the Limitation of Liability Act, which has been in existence since 1851 and permits a shipowner to limit its liability to the value of the vessel after the casualty.
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