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Two separate Irish governments deemed it worth allowing a small portion of the liabilities to be defaulted on.
But this year's falling stock market returns and mounting costs from the introduction of stakeholder pensions have caused the liabilities to grow in size.
One Wall Street analyst said that adding the liabilities to Adelphia's balance sheet left the company's debt at a reasonable level compared with its cash flow.
It was our job, my job, to mitigate these risks and minimize the liabilities to the health of my men; to prevent them from sprouting like noxious weeds in the areas where we launched our field exercises.
People close to the talks say the two firms' lawyers are analyzing how to wall off the liabilities to make sure that the Enron creditors and shareholders who are suing Andersen cannot also lay claims on Deloitte.
On the most rigorous actuarial measure, which assumes that a company has to buy its way out of its pension scheme and offload the liabilities to an insurance company, the combined deficit of UK companies is now £1.54tn, said PwC.
Similar(51)
With the liability to accident, we must see how little account is to be made of it.
The loans apply to the property, so any owner selling needs to pass on the liability to the buyer or pay back the loan early, risking penalties.
The reforms should also extend the liability to all participants in animal production and consumption activities.
First, there are instrumental reasons for wanting deliberate control over the liability to legal duties.
By putting the liability to re-pay the loan onto the individual reduces the avenues for fraud using this scheme.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com