Exact(3)
In the light of such challenges, some divorce lawyers are reporting that an existing mortgage is increasingly being seen as a valuable asset in settlements because it is so difficult to secure replacement borrowing.
S.E.C. officials say they allow these kinds of settlements because it is far less costly than taking deep-pocketed Wall Street firms to court and risking losing the case.
The S.E.C. defended its decision to proceed this way -- an agreed settlement -- stating, "S.E.C. officials say they allow these kinds of settlements because it is far less costly than taking deep-pocketed Wall Street firms to court and risking the case," a reference by the S.E.C. to its lack of funding.
Similar(57)
Contrary to Shmuel Sisso, Israel's consul general in New York (letter, March 26), Har Homa is a settlement because it is located on land conquered by Israel in 1967.
It is this failure to have any acknowledgment of wrongdoing that has gotten under Judge Rakoff's skin, leading him to reject the settlement because it "is neither fair, nor reasonable, nor adequate, nor in the public interest".
"We have pursued a settlement because it is preferable to spending years in time-consuming and wasteful litigation and is consistent with our environmental leadership position," James E. Rogers, the chairman, president and chief executive of Cinergy, said in a statement.
"We urgently need a new human rights settlement because it is our own courts, and not Strasbourg, who are best qualified to balance the rights of defendants against wider national security".
They don't leave the tent settlement because it isn't safe.
Many of the AGs are leaning toward accepting the settlement precisely because it is narrow.
Mr. Valentine said he only opted for the settlement because it was cheaper than litigation.
He added, "It was a ludicrous settlement, because it was given to me with no strings attached.
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