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"The company's goal is to provide a greater, quicker, fairer and less expensive payout to its creditors than they could achieve through piecemeal litigation," the filing read.
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The city's most expensive payouts resulted from civil-rights violations and other forms of misconduct such as alleged shootings, beatings and wrongful imprisonment.
He tried growing bananas at first, he said, but found shipping the crop to market by boat — the only available transportation — was twice as expensive as the payout.
But PPI is expensive, has low payouts and many exclusions, while income protection insurance is flexible and affordable, says Kevin Carr, a consultant with Protection Review.
In 1956 a 60-year-old woman retiring from a job in Britain's National Health Service had a life expectancy of just under 20 years; by 2010 she could expect to live for another 32 years.Paying a pension for longer is much more expensive, particularly if the payout is linked to inflation.
But the sports arm, however promising, is expensive because of upfront payouts.
Hospitals and medical staff are leaving themselves very vulnerable to expensive litigation and increased payouts by being slow to change the way the consent process happens.
Investors who had acted in expectation of the higher payout got an expensive surprise, while the smart money was rewarded for betting that the shares would tumble.
The BBC Trust chairman is asked whether his advice to Entwistle shortly before he resigned – "I'm not asking you to go, but I'm not asking you to stay either" – means he is to blame for Entwistle seeking "expensive" lawyers to negotiate a payout.
The Royal College of Surgeons (RCS) has warned its 20,000 members that unless changes are made to the processes currently used to gain consent ahead of surgery, they could face a dramatic increase in the number of expensive litigation cases and compensation payouts.
Meanwhile, David Beckham's Footwork Productions reported sales up 8% to £16.5m last year, but generated profits of just £390,500 after incurring £14.4m of "administrative expensive" – largely accounted for by a £14.1m payout to the highest paid director.
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