Liabilities

PG&E to File Bankruptcy Due to Wildfire Costs
Corporate Finance

PG&E to File Bankruptcy Due to Wildfire Costs

With more than $30 billion in potential liabilities from recent California wildfires, the largest U.S. energy utility is facing "extraordinary challenges."
By Matthew Heller | January 14, 2019
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SEC Probing Honeywell Accounting for Liabilities
Regulation

SEC Probing Honeywell Accounting for Liabilities

The conglomerate is now estimating asbestos-related liabilities at $2.61 billion as of Dec. 31, 2017, up $1.087 billion from its prior estimate.
By Matthew Heller | October 22, 2018
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Oil Shipper and Its Former CFO Fined for Understating Tax
Tax

Oil Shipper and Its Former CFO Fined for Understating Tax

Overseas Shipholding Group and its ex-CFO allegedly failed to recognize $512 million in tax liabilities over a 12-year period.
By Matthew Heller | January 24, 2017
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