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These excerpts taken from the SMG 10-K filed Dec 3, 2008. Judicial and
Administrative Proceedings
We are party to various pending judicial and administrative
proceedings arising in the ordinary course of business. These
include, among others, proceedings based on accidents or product
liability claims and alleged violations of environmental laws.
We have reviewed our pending environmental and legal
proceedings, including the probable outcomes, reasonably
anticipated costs and expenses, and the availability and limits
of our insurance coverage and have established what we believe
to be appropriate reserves. Apart from the proceedings
surrounding the FIFRA compliance matters, which are discussed
separately, we do not believe that any liabilities that may
result from pending judicial and administrative proceedings are
reasonably likely to have a material adverse effect on our
liquidity, financial condition or results of operations;
however, there can be no assurance that future quarterly or
annual operating results will not be materially affected by
final resolution of these matters.
Judicial and Administrative Proceedings We are party to various pending judicial and administrative proceedings arising in the ordinary course of business. These include, among others, proceedings based on accidents or product liability claims and alleged violations of environmental laws. We have reviewed our pending environmental and legal proceedings, including the probable outcomes, reasonably anticipated costs and expenses, and the availability and limits of our insurance coverage and have established what we believe to be appropriate reserves. Apart from the proceedings surrounding the FIFRA compliance matters, which are discussed separately, we do not believe that any liabilities that may result from pending judicial and administrative proceedings are reasonably likely to have a material adverse effect on our liquidity, financial condition or results of operations; however, there can be no assurance that future quarterly or annual operating results will not be materially affected by final resolution of these matters. These excerpts taken from the SMG 10-K filed Nov 25, 2008. Judicial and
Administrative Proceedings
We are party to various pending judicial and administrative
proceedings arising in the ordinary course of business. These
include, among others, proceedings based on accidents or product
liability claims and alleged violations of environmental laws.
We have reviewed our pending environmental and legal
proceedings, including the probable outcomes, reasonably
anticipated costs and expenses, and the availability and limits
of our insurance coverage and have established what we believe
to be appropriate reserves. Apart from the proceedings
surrounding the FIFRA compliance matters, which are discussed
separately, we do not believe that any liabilities that may
result from pending judicial and administrative proceedings are
reasonably likely to have a material adverse effect on our
liquidity, financial condition or results of operations;
however, there can be no assurance that future quarterly or
annual operating results will not be materially affected by
final resolution of these matters.
Judicial and Administrative Proceedings We are party to various pending judicial and administrative proceedings arising in the ordinary course of business. These include, among others, proceedings based on accidents or product liability claims and alleged violations of environmental laws. We have reviewed our pending environmental and legal proceedings, including the probable outcomes, reasonably anticipated costs and expenses, and the availability and limits of our insurance coverage and have established what we believe to be appropriate reserves. Apart from the proceedings surrounding the FIFRA compliance matters, which are discussed separately, we do not believe that any liabilities that may result from pending judicial and administrative proceedings are reasonably likely to have a material adverse effect on our liquidity, financial condition or results of operations; however, there can be no assurance that future quarterly or annual operating results will not be materially affected by final resolution of these matters. This excerpt taken from the SMG 10-K filed Nov 29, 2007. Judicial and
Administrative Proceedings
We are party to various pending judicial and administrative
proceedings arising in the ordinary course of business. These
include, among others, proceedings based on accidents or product
liability claims and alleged violations of environmental laws.
We have reviewed our pending environmental and legal
proceedings, including the probable outcomes, reasonably
anticipated costs and expenses, reviewed the availability and
limits of our insurance coverage and have established what we
believe to be appropriate reserves. We do not believe that any
liabilities that may result from these proceedings are
reasonably likely to have a material adverse effect on our
liquidity, financial condition or results of operations;
however, there can be no assurance that future quarterly or
annual operating results will not be materially affected by
final resolution of these matters.
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