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Those fees totaled more than $850 million last year, far more than the amount needed to write off the good will.
Floyd Odlum reemerged to block Hughes from acquiring the 95 percent ownership of RKO stock he needed to write off the company's losses against his earnings elsewhere.
But those efforts were not rousing successes: Sales for Windows 8 licenses were lukewarm and Microsoft needed to write off nearly $1 billion on unsold Surface inventory.
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More likely, its creditors will need to write off some of the debt and absorb losses.
Analysts say that Mitsubishi needs to write off about $1 billion in bad loans.
And in arguing that the Democrats need to write off the region, he makes some serious ethical and political points.
If you need to write off a few seasons in Chicago or LA, sports fans there will shrug and go watch the NBA or NFL.
A report in June by the White House National Economic Council estimated that the government would need to write off about $14 billion of the $80 billion given to the auto industry by the Bush and Obama administrations in late 2008 and early 2009.
This could be substantial: if the sovereign debt disclosed in the July stress tests were marked to current market prices, banks would need to write off almost 80 billion euros, based on Breakingviews calculations.
BLOOMBERG NEWS European Banks Still Counting Pre-Crisis Goodwill | After paying premiums for acquisitions in good times, European banks may now need to write off a portion of their combined $270 billion in goodwill, Bloomberg News reports.
Due to the growing costs of subscription databases and the additional problem of firms needing to write off fee-based research costs because new lawyers do not know how to use Lexis or Westlaw efficiently, there appears to be a growing request amongst the surveyed practitioners for more law school training on how to navigate various free online resources.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com