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Jay Silberg, who represented the plaintiff in that case, the Nebraska Public Power District, said that the size of the liability would depend on when the government could take the waste.
All that would be needed is to have an actuary determine the size of the liability and its duration, which would then be fully funded by buying the appropriate quantity of government bonds.
Perhaps more significantly is the broader recognition that Transocean's safety management systems on the rig were deficient and where this could lead BP and its licence partners to pursue Transocean for compensation thus reducing the overall size of the liability net to BP.
We also find that using assumptions concerning the growth in health care costs that are arguably more realistic than those employed by most states actually reduces the size of the liability in most cases.
It's a crucial first step because of the eye-popping size of the liability.
Similar(53)
But, in its eagerness to merge, Halliburton had failed to detect the size of the legal liability that Dresser faced from long-dormant lawsuits dealing with asbestos poisoning.
He told the BBC's Today programme that the size of the pensions liability was significantly bigger than any other the PPF had handled in its 10-year history.
Even after the crash, many funds have not changed their high expectations for returns on their investments, an accounting decision that shrinks the stated size of the pension liability.
When pension funds calculate the size of their liability -- the amount of money they must set aside in order to pay what they've promised to pensioners -- they subtract the returns that they expect to earn on their assets, called the discount rate.
"They've confused the near-term budget shortfalls with the long-term funding obligations, and grossly inflated the size of the long-term liabilities," he said.
The sheer size of the largest limited-liability companies, or corporations especially "multinationals," with holdings across the world—has been a subject of discussion and public concern since the end of the 19th century, for with this rise has come market and political power.
More suggestions(15)
size of the responsiveness
size of the fault
size of the insurance
size of the obligation
size of the availability
size of the punishment
size of the compensation
size of the liabilities
size of the party
size of the company
size of the advance
size of the task
size of the population
size of the atRA
size of the gap
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com