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Credit Acceptance Agrees to $710 Million Auto-Lending Settlement — 2dCredit Acceptance agreed to a roughly $710 million multistate auto-lending settlement, with $634 million in debt forgiveness for more than 55,000 borrowers and no admission of liability.

Rachel Meyers Forgiving that much debt shows how many of these loans were unaffordable from the start.

Arbitrator orders Uber to pay $40 million after driver ejects passenger on freeway — 2dA California arbitration awarded Emily Normandin-Parker's parents $40 million, holding Uber and the driver liable after he abandoned the 23-year-old and her friend at an unsafe gore point on State Route 73, where Emily was later killed. The ruling criticized Uber's safety practices and prompted statements from the family and Uber, which disputes liability.

Christmas Retailer Gordon Companies Files Chapter 11 BankruptcyBusiness — 3dGordon Companies, the Buffalo-area owner of Christmas Central, Christmas.com, Northlight and Pool Central, filed for Chapter 11 in the Western District of New York with estimated assets and liabilities between $10 million and $50 million and 200–999 creditors, including FedEx and UPS. The move follows years of operational and legal challenges tied to an underperforming inventory system, and the company says it will continue to operate during restructuring as retailers brace for a cautious holiday season.

Smith & Nephew Prices $250M 2030 Notes Tender — 4dSmith+Nephew priced a cash tender offer for up to $250 million of its 2.032% senior notes due 2030 at $878.90 per $1,000, using a 4.83% reference yield with prorating if oversubscribed, and settlement expected around September 18, 2026. The move is part of ongoing liability management to optimize the balance sheet and interest costs, following recent debt actions and supported by mixed analyst signals.

Derek Foss If the offer gets oversubscribed the prorating will probably frustrate some bondholders who want out now.

Newsom weighs special session after wildfire liability plan stalls — Sep 1, 2026California lawmakers adjourned without passing a major overhaul of wildfire liability, even as Gov. Newsom floated a possible special session and investors reacted to the volatility surrounding utility companies. The proposed package aimed to curb costs for survivors by limiting certain utility liabilities and attorney fees, but critics say it falls short of meaningful reform and insurers remain wary.

Maya Lindstrom If insurers still won't budge after this "reform," maybe it wasn't much of a reform to begin with.

Norsemont Plans Restatement of 2025, 2026 FinancialsFinance — Aug 29, 2026Norsemont Mining plans restatements of its 2025 annual and 2026 Q1 financials to reclassify convertible debentures and related derivative liabilities from non-current to current, increasing current liabilities by about $15.2 million at 2025-end and $22.9 million at March 31, 2026, and to include royalty disclosures. Management says the restatements affect presentation and disclosures rather than total liabilities, equity, losses or cash flows, with the 2025 debentures issued in December 2025 on a three-year maturity.

ICE plans liability insurance for local police — Aug 17, 2026ICE proposed subsidizing liability insurance for state and local officers deputized to enforce federal immigration laws, covering up to $500,000 in personal liability with officers reimbursed up to $250 annually. The plan, touted to expand 287(g) partnerships and reduce hurdles for local departments, faces criticism that it could shield officers from accountability and details on implementation and costs remain unclear.

Chemours, DuPont, Corteva Agree $455 Million PFAS Settlement — Sep 10, 2026DuPont, Chemours, and Corteva agreed to a $455 million settlement with North Carolina and 11 local entities over PFAS discharges from the Fayetteville Works facility, with payments spreading over 15 years and Chemours roughly responsible for $180 million of the total on a net present value basis, funded by existing accruals. The deal also outlines ongoing obligations such as drinking-water programs, escrow funding, and liability clarity to support continued operations at Fayetteville Works.

Jared Kim This settlement shows the companies are taking responsibility for the Fayetteville pollution, but the payments need to deliver real water cleanup without delays.

EXCLUSIVE: Investment Advisors Warn Top Corporations Diversity Initiatives Are ‘Now A Liability’ Under Trump Admin — Nov 15, 2024Dozens of investment advisors warned America’s biggest corporations Friday that their diversity programs will be a liability under the incoming Trump administration. Americans “overwhelmingly rejected the ideological…

DNC Calls Trump’s DC Crime Crackdown ‘Political Liability’ After District Has No Murders For 12 Days — Aug 25, 2025Washington, D.C. has not had a murder in twelve days, but some national Democrats are arguing that President Donald Trump’s crackdown on crime in the nation’s capital is a “political liability” for Republicans. A…

US Republicans Seek Liability Protections as Coronavirus Aid Battle LoomsReporting — Jul 18, 2020A battle in the U.S. Congress over a new coronavirus-aid bill began on Friday as Republicans were putting the finishing touches on provisions granting liability protections for a wide range of entities resuming…

US Senators Propose Limiting Liability Shield for Social Media PlatformsReporting — Feb 5, 2021Three Democratic U.S. senators introduced a bill that would limit Section 230, a law that shields online companies from liability over content posted by users, and make the companies more accountable when posts result…

Republicans Demand Tax Cuts, Liability Curbs in Next US Coronavirus BillReporting — May 5, 2020U.S. Republicans underscored the need for tax cuts and business liability protections in any new coronavirus legislation on Tuesday, while preventing Democrats from requiring transparency for a $650 billion-plus program…

Trump To Meet State Attorneys General To Discuss Key US Tech Liability ShieldReporting — Sep 22, 2020U.S. President Donald Trump plans to meet on Wednesday with a group of Republican state attorneys general about revising a key law that shields social media companies from liability for content posted by their users and…

Senate’s McConnell Urges Dropping Liability, State Aid in COVID-19 Deal; Schumer ObjectsReporting — Dec 8, 2020Senate Majority Leader Mitch McConnell said on Tuesday that Congress should pass a U.S. coronavirus relief package without Republican-backed business liability protections or aid to state and local governments that…

Chinese banks offer dollar deposits near 4% while boosting Treasury purchases — Sep 4, 2026Chinese banks have begun offering dollar deposits above 3% (and up to about 4% at smaller or foreign lenders) and are recycling those dollars into U.S. Treasuries, a move aimed at balancing liabilities with safe assets as Chinese yields lag behind. The pattern signals onshore dollar scarcity driving a front-end Treasury bid and could dampen yuan strength, though the overall impact on Treasury yields remains uncertain.

Sam Okafor Front-end Treasury demand from an unexpected source, but I doubt this alone moves yields much given the size of the overall market.

Walmart Opioid Settlement Reaches $50 Million — Aug 29, 2026The Department of Justice and Drug Enforcement Administration announced Walmart will pay 50 million dollars to settle federal allegations that its pharmacies dispensed thousands of invalid opioid and other controlled-substance prescriptions dating back to 2013, with new oversight measures including a reporting hotline and active monitoring of prescriptions. Walmart did not admit liability as part of the agreement, which includes strengthened compliance requirements to curb future violations.

JPMorgan Offers Up One of Its Own Past Bankers to Take the Fall for Jeffrey Epstein LiabilityReporting — Mar 10, 2023Financial giant JPMorgan is claiming it should not be sued over its relationship with sex trafficker Jeffrey Epstein. The government of the Virgin Islands has sued the financial giant. A newly released version of the…

Poland seeks EU €250 million Meta fineTech — Aug 27, 2026Poland has formally asked the European Commission to fine Meta €250 million for failing to curb fraudulent advertisements on Facebook and Instagram, citing CERT Polska findings that 86.8% of flagged scam ads were not removed. The push comes amid ongoing disputes over Meta’s liability for ads and its efforts to fight scams, a backdrop that could influence EU-wide handling of platform moderation.

Bank of America Epstein settlement approved; $72.5M payout — Aug 27, 2026A Manhattan federal judge approved Bank of America's $72.5 million settlement with Epstein victims, covering about 60 to 90 women and including no admission of liability, in a move the court called substantial justice. The deal highlights how banks price reputational risk in class actions, showing that a $72.5 million payout can feel large yet be relatively small within a massive financial institution.

Palisades Fire Lawsuit Advances, City and State Could Face Billions in Liability — Feb 11, 2026A landmark lawsuit accusing California and the City of Los Angeles of mishandling the Lachman Fire, which ignited the deadly Palisades Fire, is now officially moving forward in court. According to the New York Post …

MSNBC Guest Claims That Hispanics Back Trump Because They ‘Want To Be White’ — Sep 30, 2024NPR host Maria Hinojosa claimed Sunday that Hispanics are backing Former President Donald Trump over Kamala Harris because they “want to be white,” adding that the key voting bloc could be a huge liability for the vice…

FCC Chair To ‘Clarify’ Law That Gives Liability Protection To Social Media CompaniesReporting — Oct 15, 2020Calls to reform a law Section 230 of the Communications Decency Act receiving being amplified after social media companies limited the distribution of an unverified story about Democratic presidential nominee Joe Biden…

New Oklahoma Anti-Riot Law Protects Drivers Who Kill or Injure Rioters While Fleeing for SafetyReporting — Apr 23, 2021Cornered motorists who run over violent demonstrators or rioters on roads and highways if they feel threatened are now protected from civil and criminal liability in Oklahoma after lawmakers passed a common-sense…

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