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: Mass Tort Litigation Blog

WSJ Editorial on FASB Proposed Rule Requiring Disclosure of Estimate of Lawsuit Cost

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Editorial in the Wall Street Journal -- FASB's Lawyer Bonanza. Here's an excerpt: Under the proposed change, a company facing a lawsuit would have to list on its financial statement its best-guess estimate of what that litigation could end up...

Full post as published by Mass Tort Litigation Blog on August 07, 2008 (boomark / email).

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