Sentence examples for legacy liability from inspiring English sources

"In one comprehensive transaction, Kodak will realize its previously announced intention to divest its personalized imaging and document imaging businesses and settle its largest legacy liability," Antonio M. Perez, Kodak's chairman and chief executive, said in a statement.

This PFI is a legacy liability from Cardiff Bay Development Corporation".

"Successfully addressing the legacy liabilities at ResCap would put taxpayers in a stronger position to continue recovering their investment in Ally," he said.

market just to help the government cash out of its shareholding, G.M. might be better off using any proceeds to pay down some of its remaining legacy liabilities.

His responsibilities will include selling off the company's trove of digital imaging patents and potentially reorganizing Kodak's "legacy liabilities," including its pension obligations.

Portsmouth announced last week they are now debt free, a remarkable achievement given that £8m of legacy liabilities have been wiped out since their supporter-led takeover in April 2013.

By reducing Delphi's headcount, GM could shrink the cost of Delphi's legacy liabilities it will assume, limit the number of workers for which it subsidizes wages and reduce the likelihood of a UAW strike.

Ross combined five bankrupt U.S. steel companies, trimmed $15 billion in legacy liabilities and sold the whole caboodle last year, netting a gain of 2.5 times his $104 million cash investment over a three-year period.

Taken together, these accomplishments, along with other recent developments, such as the resolution of certain of our legacy liabilities, demonstrate the tangible and meaningful progress Kodak is making as it moves through the final phase of its restructuring.

It's still too early in the game to have a definitive answer but we do know that excessive debt and legacy liabilities impair any company's ability to be nimble in the face of massive disruptive change.

HON also stated that it expects to receive $315 million from the spun-off units each year in lieu of indemnity agreements for HON's legacy liabilities (Bendix asbestos and environmental).