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104:When to Set a Reserve-Now, Never, or …

ACC'S 2004 ANNUAL M EETING THE NEW FACE OF IN-HOUSE COUNSEL. 104:When to Set a reserve -Now, never , or Somewhere in Between Christopher M. Holmes Partner and National Director of SEC Matters Ernst & Young LLP. Bill Phelan Assistant Controller Sears, Roebuck and Co. Patrick R. Thesing Senior Vice President, Associate General Counsel and Chief Litigation Counsel Stewart Title Guaranty Company This material is protected by copyright. Copyright 2004 various authors and the Association of Corporate Counsel (ACC). Materials may not be reproduced without the consent of ACC. Reprint permission requests should be directed to James Merklinger at ACC: 202/293-4103, ext. 326; ACC's 2004 ANNUAL MEETING THE NEW FACE OF IN-HOUSE COUNSEL. Faculty Biographies Christopher M. Holmes Christopher M.

ACC Docket July/August 2004 LOSS CONTINGENCIES: WHAT EXACTLY ARE THEY? A loss contingency is a loss (i.e., the impairment of an asset or the incurrence of a …

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