BP shareholders are fleeing the company's stock amid growing uncertainty about the ultimate bill for cleanup costs, lawsuits, fines and damage to the oil giant's reputation.
In 1978, the cost of lawsuits was $21.4 million.
If city agencies are concerned about the cost of lawsuits, they should have their employees act with care, not take away citizens' rights.
"We are in a very litigious environment, and there have been a number of court decisions that have drastically increased the cost of lawsuits," Mr. Grubb said.
Saying they were misled by Enron, two big insurers are balking at honoring policies they wrote covering the company's directors and officers against the cost of lawsuits, recent court filings show.
As I have traveled our country I have met too many good doctors, especially OB-GYNS, who are being forced out of practice because of the high cost of lawsuits.
Volkswagen has set aside $7.4 billion to cover costs from recalls, but analysts said the final cost of lawsuits and lost sales could be several times higher.
Internal Denny's PowerPoint presentations compared late night revenue to the cost of lawsuits associated with violence and considered additional training and security guards.
However, this tax expired in 1995, and although the fund officially reached a zero balance by the end of 2003, it is partially replenished by cost recovery lawsuits against responsible parties.
Malpractice insurers, for example, may recommend yearly mammograms, even if they are not necessary, because they bear the costs of lawsuits for late diagnoses of breast cancer — and not the costs or health risks of the extra mammograms.
