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(RTTNews) - The Joint Corp. (JYNT) has signed a binding Asset Purchase Agreement for the sale of 31 corporate owned and managed clinics in Arizona and New Mexico to Joint Ventures, LLC in exchange ...
Joint liability means that more than one person is legally responsible to pay back a loan, cover damages, or otherwise satisfy a liability.
Starwood alleges Alan Stalcup owes $110M after the investor breached several recourse guarantees backed by three Sunbelt properties.
South Carolina lawmakers reached a deal on liquor liability reform and joint and several liability reform to help bars and restaurants cope with insurance costs.
Relief could be on the way for South Carolina restaurants and bars grappling with high insurance premiums thanks to a compromise on liquor liability reform.
South Carolina statehouse negotiators have reached agreement on a compromise on a contentious liquor liability and tort reform package. Here's what's in it.
Addressing the same, the tribunal noted that as per the Guarantee Agreement, the Liability of the Guarantor and the Corporate Debtor is Joint and Several.
A personal guarantee on a business loan is an agreement that a business owner will use their own assets to repay the loan if their business cannot.
The Fair Share Act Enacted in 2011, the Fair Share Act aimed to reform the existing doctrine of joint and several liability in Pennsylvania.
Explore joint borrowing and learn how shared loans work, their benefits and other considerations.