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New Rules for Disclosing Environmental and Other Loss Contingencies |
July 15, 2008
Previously published on June 17, 2008
Environmental disclosures under the U.S. securities laws are about to change materially as a result of a proposed new standard from the Financial Accounting Standards Board. FASB has just issued for public comment a major revision of the iconic FAS 5 standard governing the disclosure of loss contingencies.
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The views expressed in this article are solely the views of the author and not Martindale-Hubbell. This article is intended for informational purposes only and is not legal advice or a substitute for consultation with a licensed legal professional in a particular case or circumstance. |
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