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Tech plc has received legal advice that the most likely outcome of the court case from the employee is that they will lose the case
Tech plc has received legal advice that the most likely outcome of the court case from the employee is that they will lose the case and have to pay $12m. The legal team think there is an 80% chance of this. They believe there is a 10% chance of having to pay $15m, and a 10% chance of paying nothing.
What is the amount of provision?
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