Parliament has unanimously passed a motion to increase the Government guarantee limit for the Fiji Development Bank borrowings from $190 million to $2 ...

The Road Accident Fund faces an imminent financial crisis, threatening a R400bn hole in the national budget due to mounting debt and ...

On Monday, March 10, the Board of Cricket Control in India has announced massive prize money of INR 131 crore after they won the T20 World Cup in 2026 in Ahmedabad. This means there is a hike of INR 6 ...

Berkshire Hathaway Specialty Insurance (BHSI) today announced the appointment of Rory O’Broin as Global Head of Transactional Liability. “We are delighted to welcome Rory to BHSI and look forward to ...

Moderna to pay $950 million with no future royalties to resolve all global litigation; corresponding charge expected in ...

PFM encompasses the entire architecture of budgeting, revenue forecasting, expenditure control, accounting, reporting and ...

Total liabilities are all the debts that a business or individual owes or will potentially owe. Does it accurately indicate ...

According to Acting Minister of Police Firoz Cachalia, unlawful arrests have cost the South African Police Service (SAPS) over R620 million in the 2024/2025 year.

ITAT Mumbai held that fair valuation loss on principal-protected debentures linked to NIFTY Index is not a contingent liability. The loss was allowed as expenditure under Section ...

The Tribunal held that actuarially valued provisions mandated by law constitute application of income under Section 11 and cannot be disallowed merely due to absence of cash ...

About sovereign guarantees and contingent liabilities? By Desmond Isaac ADDO Email: desmondisaacs01@gmail.com A few days ago, news broke that some Ghanaian traders had been killed in a terrorist ...

Companies with major contingent legacy liabilities such as mass tort exposure may want to consider a liability divestiture transaction, which isolates and transfers contingent liabilities to a ...