The directors, both past and present, are jointly and severally liable for the contractual debts and liabilities of the personal liability company.
12.
If both parties are innocent, the article says, there is nothing unfair about " holding them both jointly and severally liable ."
13.
"In most cases, each party to a mortgage is jointly and severally liable, " said Eliot Zuckerman, a Manhattan real estate lawyer.
14.
However unlike a normal partnership the members of an LLP are not jointly and severally liable for the actions of another member.
15.
In the Witwatersrand Local Division, Goldstone J held the Minister of Police and Van der Westhuizen to be jointly and severally liable.
16.
It also stipulates that the current employer and the new owner, shall be jointly and severally liable for the payment of all termination benefits.
17.
However all three companies will be jointly and severally liable for NTT's existing bond issues and will continue to be collateralised by their general mortgage.
18.
While you may have been oblivious to his or her shenanigans, the federal tax code holds each of you " jointly and severally liable ."
19.
Mr Magill found the former leader of the council, Dame Shirley Porter and five other council officials'jointly and severally'liable for repaying ?6.1 million to the council.
20.
Councillors were held to be'jointly and severally liable'for the sum, meaning that the total amount was recoverable from each individually should others be unable to pay.
