intentional fraud

intentional fraud

A misrepresentation of a material fact which is intended to deceive another, does actually deceive another,and which causes harm to the one deceived.The law allows punitive damages.See also fraud.

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The liability of LLP partners is limited to the extent of their contribution, except in cases of intentional fraud or wrongful act of omission or commission," says Kainth.
A leaked letter to effect the U-turn was on sloppy and dodgy lane, with intentional fraud and diversionary at the top and falsification of things at the
WHEN AN INTENTIONAL FRAUD IS PERPETRATED ON THE PUBLIC, THE RANGE OF LEGAL CAUSATION IS QUITE BROAD.
Third parties who seek to recover from an accountant for intentional fraud do not need to establish that the accountant had actual knowledge of the false or baseless character of the opinion.
If the state bills more than the costs actually incurred, this is not reimbursement but intentional fraud.
WASHINGTON-The Securities and Exchange Commission filed suit against Sunbeam's former chief executive officer, Al "Chainsaw" Dunlap, as well as its former chief financial officer, Russell Kersh, last week, claiming intentional fraud that ultimately cost company investors billions of dollars.
That is, no intentional fraud, no harm, no foul; no charges, no repayment to the Crown
Since the goal is to provide the consuming public expanded protection from deceptive and misleading fraud, the violative category of behavior has not been limited to instances of intentional fraud in the traditional sense.
The legislation requires that judgments against codefendants who have not committed intentional fraud be based on their proportionate liability for the losses sustained rather than on their ability to pay most or all of the judgments.
The amendments are introduced to decrease the possibility of intentional fraud by directors, 'phoenix' activity, wherein a director accumulates debts in name of the company, liquidates the company before paying the debts, and then forms a new debt-free business entity or avoids payment of the entitled payments to employees.
But even careful diligence is ineffective when the counterparty is engaging in intentional fraud," said Cal Kenney.
Hall and the Clinic alleging medical malpractice, negligence, intentional fraud, and constructive fraud.

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