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Mr. Levine said a quarterly profit payout to partners in April was cut in half because litigation payments reduced income.
After the Deepwater Horizon accident in April 2010, BP faced a liquidity squeeze, a huge cash drain from litigation payments and the threat of a takeover.
The accounting firm of Laventhol & Horwath, hit by costly litigation payments, said today that it would cut profit payouts and personnel, but the firm's top executive said business was generally strong.
Coppola Agrees to Settle Debt With Developer : Litigation: Payments to Jack Singer will begin in August.
The city attorney's office said it has not compiled information yet on total police-related litigation payments in 1994.
Under a bilateral agreement, care in India would be commissioned by the NHS, and therefore the NHS is automatically responsible for any litigation payments, which would outweigh the savings made (Respondent #1, UK Department of Health) If one patient sues us, we can have huge problems.
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And there is no way to forecast precisely how litigation, insurance payments, environmental concerns, the economy or debate about the formal memorial might affect redevelopment.
They maintained that compensation levels were intolerably low in comparison to awards available in tort litigation or payments received by the inventory plaintiffs.
"Discover has to be thanking the heavens for the timing of antitrust litigation settlement payments," said Celent analyst Red Gillen.
Records of furious litigation over payment for most of his major commissions bespeak an obstreperous character.
Under the new agreement, the buyout deal struck in April will be dissolved, with no litigation or payment of the $225 million termination fee.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com