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"Our decision to settle this litigation is based on practical business reasons, and saves the firms from protracted legal battles beyond the four years already spent on this matter," KPMG said yesterday in a written statement issued on behalf of Klynveld Peat Marwick Goerdeler Bedrijfsrevisoren in Brussels and KPMG L.L.P. in New York.
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Again this is based on step one.
This is based on our view that successful litigation, especially if it involves a class action, could result in awards to plaintiffs that are significantly larger than the likely regulatory fines".
This argument is based on three facts.
"This regime is based on bribery.
This objection is based on two assumptions.
This story is based on these numbers.
This strategy is based on CAR.
This model is based on four principles.
This recipe is based on improvisation.
This information is based on US law.
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