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Yet Bank of America investors had whipped themselves into a panic in August because of the giant legal liability faced by the bank.
An article in Business Day yesterday about a potential tax liability faced by the Tribune Company as a result of two 1998 transactions referred incompletely to the company's statements about the liability.
Mr Bain claims that the transfer deal over the club was concluded in the full knowledge of the extremely substantial potential tax liability faced by Rangers and that it was structured so that it has the effect that Mr Whyte will enjoy priority over other creditors, particularly revenue and customs, in the event of insolvency.
became the second Republican this week to block a measure to increase the liability faced by companies like BP.
Still unresolved is potential liability faced by Swiss-based Transofean Lthe owner of the Deepwater Horizon vessel, and Halliburton Co, which provided cementing work on the well that U.S. investigators say was flawed.
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The filing also asserts that executives at Halliburton misled investors in the fall of 2001 about asbestos liabilities faced by the company's subsidiary, Harbison-Walker, which it had acquired in the September 1998 purchase of Dresser Industries.
The biggest liabilities faced by Japan's huge nuclear power industry are not the technologies of the future, but an accident-plagued present in which embarrassing failures in aging reactors have become disturbingly commonplace.
"This bill does nothing to address the unlimited liability exposure faced by the State of New York and other entities or industries that are self-insured or not specifically listed in the bill," Mr. Sensenbrenner said.
Today the total amount of unpaid student debt is valued at roughly $1.3 trillion, and is second only to mortgage liabilities as the biggest debt burden faced by US households.
Parliament is on the cusp of passing a law that would explicitly shield corporations from any liability they could face by yielding records to government authorities.
It has since emerged that the total liabilities facing the club could be about £134m.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com