Ainda Exxon Valdez

Conforme postado anteriormente aqui, a Exxon teve uma importante vitória referente ao desastre ambiental com o navio Exxon Valdez. Tim Reason, da CFO (The Exxon Valdez Crashes into Fair Value Accounting, 26/06/2008) lembra que recentemente o Fasb propos mudanças como o valor justo de litígios pendentes são evidenciados.

Levine, who says about a quarter of his practice involves litigation, still says it is possible to apply valuation techniques to litigation. "Valuation is expected future cash flow divided by risk," he says. If it isn't possible to discount the future liability of a lawsuit from cash flows, he says, then investors need as much information as possible to decide how much to increase the risk factor. "Obviously, that is subjective, but the beauty of the market is that it reaches a consensus."