Sentence examples for litigation reserve from inspiring English sources

Boeing said the latest earnings included 11 cents a share from a reduction of its litigation reserve.

There is a good argument that revealing the settlement earlier was unnecessary, especially when it did not require setting aside any additional funds in its litigation reserve.

In the period a year earlier, the financial results included a charge of $96 million, or 63 cents a share, to increase the firm's litigation reserve to deal with a $164 million decision against Bear Stearns.

The settlement, with the C.F.P.B., the Office of the Comptroller of the Currency and the Los Angeles city attorney, was insignificant compared with other recent blockbuster resolutions with the big banks, and the bank's litigation reserve easily covered the penalties.

But I'm queasy about the huge litigation reserve.

After all, JPMorgan at quarter's end set aside a $2.1 billion litigation reserve.

The bank defended its litigation reserves.

The bank does not disclose the volume of its mortgage litigation reserves.

It said the settlement would be covered by existing litigation reserves.

Banks have been stocking their litigation reserves in recent months, preparing for an onslaught of lawsuits, the report noted.

Against that, an additional 1.2 billion euros in litigation reserves showed that there are other distractions for management.