Contingent pension liability Under ERISA, a firm is liable to its pension plan participants for up to 39% of the net worth of the firm.
Funded Liability
Funded Liability A source of funds that a firm must take overt action to arrange and that carries an interest cost.
Lender liability lawsuits
Lender liability lawsuits Legal action of debtor against creditors that alleges unfair enforcement of loan covenants or violation of implied terms of a loan agreement.