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The 'Texas two-step': A controversial legal strategy to avoid corporate liability - Vimarsana News

The 'Texas two-step': A controversial legal strategy to avoid corporate liability

Corporations facing massive litigation are using a new legal strategy to avoid liability. It’s known as the Texas two-step. Step one: create a subsidiary and transfer a few assets and all the lawsuits. Step two: The subsidiary files for bankruptcy.

Source: tpr.org
Union: Fifth of Finnish households couldn't handle any rise in cost of living - Vimarsana News

Union: Fifth of Finnish households couldn't handle any rise in cost of living

An over 100-euro increase in cost of living would be enough to cause financial distress for almost half of Finnish households, indicates a survey by the Consumers’ Union of Finland.

Nearly half of households live paycheck to paycheck - Vimarsana News

Nearly half of households live paycheck to paycheck

A 100-euro rise in living costs would be too much for almost half of households in Finland, a new survey finds.

Source: yle.fi
CR Digs Down On Reliability; 2 Ford Models Don't Fare Well - Vimarsana News

CR Digs Down On Reliability; 2 Ford Models Don't Fare Well

Consumer Reports recently dug down deeply on vehicle reliability and found that two Ford models didn't fare all that well.

Consumers' Union urges electricity firms to extend payment times - Vimarsana News

Consumers' Union urges electricity firms to extend payment times

Among other measures the government plans a VAT reduction on electricity and retroactive subsidies, but that won't be enough for some households, the consumer watchdog says.

Source: yle.fi