manquer 3 days ago

That is just one customer, and also it is not just lawyers, Contingent liabilities(potential amount for settlement) when it escalates from possible to probable, in GAAP that means it changes from mere footnote to a line item in P&L which needs to be financed and managed and affecting their margins well before the actual settlement is decided.

  • baq 3 days ago

    Looks to me the market priced this in.

bruce511 3 days ago

Meh- Delta sues for 500 million is just the headline. They'll end up settling for nothing like that.

  • baq 3 days ago

    So either way a non-issue for today.