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Of these potential obligations, over $200 billion is war reparations, mostly arising from the invasion of Kuwait in 1990.
Several said they disliked the plan because it was legally binding, might subject them to lawsuits and included some ill-defined potential obligations.
"You may wish to advise your client," the letter said, "to consider the effect of such potential obligations for budgeting and planning purposes".
The United States has $6.7 trillion in debt and forty trillion in potential obligations to the elderly or soon-to-be-elderly, and we're sticking future workers with the bill.
If a bailout were to occur, it would most likely make it more expensive for the United States government to borrow money in the future, since the government's potential obligations, which currently stand at about $9 trillion, would rise by an additional $5 trillion.
Yet precisely because the circumstances were unclear, and because few warlords of the Northern Alliance could be expected to respect international conventions, many rights advocates argued that Washington's moral and political role in setting the standards was at least as important as its potential obligations under international law.
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Every young man — regrettably, only men — shared a potential obligation to his country.
He may buy a controlling interest and relieve General Motors of its potential obligation to acquire the 80percentt stake in the iconic but troubled Italian automaker that it doesn't already own.
Iraq's total potential obligation -- from war-related compensation claims, foreign debt and pending contracts -- is $383 billion, according to Frederick D. Barton and Bathsheba N. Crocker of the Center for Strategic and International Studies in Washington.
"A potential obligation is not an independent basis for saving documents," said Mercer Bullard, who runs Fund Democracy, a mutual fund advocacy group at the School of Law at the University of Mississippi.
The ELSI literature on biobanking has largely focused on the issues associated with a biobank's relationship to its contributors, considering obligations represented in informed consent agreements and the potential obligation to return individual research results.
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