Company Liability And Bankruptcy

Summary

The companys potential liability from legal claims depends on their classification. Probable claims require provisions, while possible or remote claims do not, according to IAS 37. If only probable claims (EUR 574 million) are paid, the company should manage. However, if all claims (EUR 5 billion) are accepted, it could risk bankruptcy. Banks generally have more shareholders than listed football clubs due to their larger capitalization and widespread ownership.

Full Conversation

* B claims means * Billion compensation?
Yes, "* B claims" refers to * billion in compensation. However, the actual impact on the company depends on the likelihood of these claims being accepted and deemed payable. If you need more specific information or assistance, feel free to ask!
And why would the company only prepare * M?
The company prepares * million because:
- Probable Claims: These are the claims with a high likelihood of being paid, so provisions are made for them.
- Possible/Remote Claims: These are less likely to be paid according to IAS *, so no provisions are made.
Do you have any further questions about the legal claims or the company's financial strategy?
Do banks have more shareholders than a listed football club in italy?
Case Rating: *
It depends on the specific bank and football club.
- Banks generally have a larger number of shareholders due to their widespread ownership and larger capitalization.
- Listed football clubs might have fewer shareholders, often including passionate fans.
Is there a specific bank or football club you're comparing?