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The agreement releases the company from future liability, he said.
Performance measurements prior to site entry are good personnel management and protection against future liability.
The settlement included an unusual condition that freed the government from future liability with one exception.
■ A release from future liability (for charges of discrimination, wrongful discharge, and so on).
But here is a crucial question: to what extent would such a settlement protect banks from future liability?
"We're trying to estimate based on the influx of new claims what our future liability is," Mr. Falise said.
Then the Alabama attorney general condemned reports that a BP employee had offered quick $5,000 settlements for economic damages in exchange for waivers of future liability.
What is their future liability, and what return can they expect?Recent events will make such people want to save more, not less.
On Monday, however, a Wintek spokesman denied that the company was pressing workers to resign or sign papers absolving the company of future liability.
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As yields fall, the present value of future liabilities rises.
The figures ignore the future liabilities of unfunded pension commitments.
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