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The company has about $2 billion in insurance left to pay for asbestos lawsuits involving its former North American Refractories unit, an amount that may not cover settlement costs, the filing said.
Land cover: The study area has been divided into four classes: forest cover, settlement on low to moderate slopes, sparsely vegetated area and settlement on steep slopes.
Through historical records, interviews with long-term residents of the area, and our studies over the past decade, we document changes in forest cover, settlement, and land use, and assess the changes in species diversity and in mammal species' abundance.
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Bayer stoked speculation that the litigation might be costly when its chief executive, Werner Wenning, said today that the company would consider setting aside a reserve fund to cover settlements.
In April the California Catholic Conference, an organisation that brings the state's bishops together, sent a letter to California's Assembly opposing a bill that would extend the statute and require more rigorous background checks on church workers.Some dioceses have, in effect, raided priests' pension funds to cover settlements and other losses.
The automaker will take a one-time $1.1 billion charge to its earnings cover the settlement costs.
Beverly recorded a second-quarter charge of $6.3 million to cover the settlement and legal costs.
A portion of that money is expected to cover a settlement with the Justice Department over questionable mortgage practices.
In February, the company said it had set aside $150 million to help cover a settlement with federal prosecutors in Boston and Philadelphia.
"There's no question in my mind that there's more than enough to cover the settlement," he said.
Deutsche Bank does not plan a capital increase to cover the settlement, a person close to the bank said.
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