 | Alexandra Reed Lajoux - 2000 - 504 pages
...contingency of the acquired enterprise that is in existence before consummation of a business combination; it can be a contingent asset, a contingent liability,...an asset. Examples of preacquisition contingencies are pending or threatened litigation, obligations relating to product warranties and product defects,... | |
 | Benjamin S. Neuhausen, Rosemary Schlank, Ronald G. Pippin - 2007 - 548 pages
...combination that is in existence before the consummation of the combination. A preacquisition contingency can be a contingent asset, a contingent liability, or a contingent impairment of an asset (Statement 38, paragraph 4(a)). Public business enterprise An enterprise that has issued debt or equity... | |
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... involving uncertainty as to possible gain or loss to an enterprise that will ultimately be resolved when one or more future events occur or fail to occur. A preacquisition contingency is a contingency of the acquired enterprise that is in existence... 