The government regulations that are in place must be enforced, along with common law and statutory remedies.
The statutory remedy does not, where compensation for loss is to be sought, impose any liability on those 'knowingly concerned' in the contravention.
The mere fact, for example, that the investor had sold on the shares would not by itself render the statutory remedy of rescission inapplicable.
Employees of common carriers by rail have a statutory remedy under the Federal Employers' Liability Act, 45 U.S.C. sec.
The right to seek remission or removal for misconduct is a statutory remedy in arbitration law with no real common law analogue in expert determination.
Those who believe they suffered unlawful retaliation for raising such concerns have 180 days to file a written complaint with OSHA seeking statutory remedies.
Mr. Barr was particularly harsh in his assessment of a statutory remedy to the Supreme Court decision.
"Lawyers are properly held in check by their clients, and the vice president told us he wanted to exhaust the statutory remedies of having all the ballots properly counted," he said.
But, in another clause, it says the seller can also be held liable according to "any existing equitable and statutory remedy."
This is helpful in situations where, as in the Takeover Panel cases, no statutory or contractual remedy is otherwise available.