According the FASB codification 450-20-25 Loss Contingencies Recognition, an estimated loss from a loss contingency shall be accrued if the following are both met: Information available before the financial statements are issued or are available to be issued indicates that it is probable that an asset had been impaired or a liability had been incurred at the date of the financial statements. The amount of loss can be reasonably estimated. Based upon the facts of the case, MMC management is aware