TortsProf Blog

Editor: Christopher J. Robinette
Widener Commonwealth Law School

Thursday, August 14, 2008

Accounting & Torts

There's a proposal by the Financial Accounting Standards Board to require publicly-traded companies to disclose "estimated costs" of pending litigation.  As you can imagine, this is causing some angst among those companies with significant but hard-to-predict exposure who predict that the information would be mostly of use to plaintiffs' lawyers, less so for investors.  The WSJ Law Blog has more; Point of Law has been covering it a lot too.


Legislation, Reforms, & Political News | Permalink

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