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Fair Value Measurement and Solvency

As it becomes ever more clear that all environmental liabilities will one day (maybe as soon as 2011) be measured at fair value, now is the time for companies to determine the fair value of their long-lived contingent environmental liabilities and consider the looming impact on their balance sheet. A new article in the ABA Business Bankruptcy Newsletter, Environmentally Insolvent: Fair Value Measurement of Environmental Liabilities Poses Solvency Risk, explores how recent and forthcoming changes in accounting standards could give rise to new legal claims against companies with significant unrecognized environmental liabilities.

This entry was posted on Thursday, September 4th, 2008 at 10:57 am and is filed under ●Brownfields Corporate World: SOX,FIN 47,Sell or Not?, ●Environmental Liability Issues.

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