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Mayor Richard J. Riordan last month proposed borrowing against the promised tobacco settlement money to pay for lawsuits anticipated from the Los Angeles Police Department's corruption scandal, which city officials estimate could cost the city more than $125 million.
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But bankruptcy specialists say that traders might pay more than face value hoping that the company ended up realizing more from its assets and various lawsuits than anticipated, or that the stock portion of the distribution gained in value.
"It's very nerve-racking," he said, speaking on condition of anonymity because he anticipated lawsuits from clients.
In the end, insiders speculate that the landslide of anticipated lawsuits could take as much as three years to resolve, by which time much of the estate may be depleted by legal fees collected by contingency attorneys.
The lawsuit, though widely anticipated, was confirmed by an unexpected source: Secretary of State Hillary Rodham Clinton, who answered a question about it from an Ecuadorean TV journalist in an interview on June 8 that went all but unnoticed until this week.
Will the patient still be alive while we wait on Washington to issue this decision?" Centeno said his company welcomed the lawsuit because they anticipated it would finally give them a chance to formally question the FDA on its policy.
Judge Walton has criticized Locy for not keeping her notes, as though she should have anticipated a lawsuit and that she would be called to testify.
The lawsuit, which had been anticipated, will ask a federal court to block North Carolina from enforcing four disputed provisions of its voting law, including a strict photo identification requirement.
Some hire risk management specialists to anticipate lawsuits, alongside the lawyers who handle those that get filed.
An administration official with knowledge of the plan indicated that the Trump administration was anticipating lawsuits and preparing to litigate Flores in court, particularly if lawmakers fail to approve a legislative fix.
Advocates for gay rights say they also anticipate lawsuits challenging the federal definition of marriage to be filed by active-duty troops in same-sex marriages who have been denied benefits granted to heterosexual married couples, like military health care, housing and commissary rights for spouses.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com