Compensation awards to victims of Friday’s Metrolink train crash could easily overwhelm a $200-million cap that Congress imposed 11 years ago on a railroad’s liability in any one accident. The limit, ...

WASHINGTON (CN) - Administration officials supported raising the $75 million liability cap for economic damages on oil companies for future spills, but said it won't be raised for BP for the Deepwater ...

Researchers detail what happened in Illinois and Georgia after their state courts knocked down limits on noneconomic damages in med-mal cases.

Abstract: Current law states that oil or gas companies do not have to pay more than $75 million in liability costs for accidents they cause—no matter how great the damages. Republicans and Democrats ...

Robert Siegel talks to New Jersey Sen. Robert Menendez about his efforts to raise the liability cap on oil spills — from $75 million to $10 billion. The draft law would not only affect future spills, ...

Following news coverage can be easy. Understanding some of the terms it uses, less so. In our Flashcard series, The Atlantic explains ideas you may read about but never see spelled out. In this ...

CAP Action's Kate Gordon testifies before the House Transportation and Infrastructure Committee on the liability and financial responsibility for oil spills under the OPA. Oil from the Deepwater ...

BP affirmed its pledge not to invoke the $75 million liability cap in the Oil Pollution Act of 1990 in court Monday, but warned that other corporate defendants in the litigation over the Gulf of ...

The SALT deduction also covers more than just your state income taxes. For instance, you can generally deduct state and local ...

PARIS — The British government has agreed to limit the liability of U.K.-licensed satellite operators in an attempt to encourage growth in Britain’s commercial space sector. Effective Oct. 1, the U.K.