Legal Proceedings
−Removed: We are involved in various claims and lawsuits arising in the ordinary course of business, some of which include claims for substantial sums, including proceedings involving tort and other general liability claims, employee claims, consumer protection claims and claims related to our management of certain hotel properties.
+Added: We are involved in various claims and lawsuits arising in the ordinary course of business, some of which include claims for substantial sums, including proceedings involving tort and other general liability claims, employee claims, consumer protection claims and claims related to our management of certain hotels.
We recognize a liability when we believe the loss is probable and can be reasonably estimated.
−Removed: Most occurrences involving liability, claims of negligence and employees are covered by insurance with solvent insurance carriers.
+Added: Most occurrences involving liability, claims of negligence and employees are covered by policies that we hold with solvent insurance carriers.
The ultimate results of claims and litigation cannot be predicted with certainty.
2 unchanged sentences
However, depending on the amount and timing, an unfavorable resolution of some or all of these matters could materially affect our future results of operations in a particular period.
−Removed: See the risk factors previously disclosed under "Part I—Item 1A.
−Removed: Risk Factors" of our Annual Report on Form 10-K for the fiscal year ended December 31, 2020.
−Removed: Unregistered Sales of Equity Securities and Use of Proceeds
−Removed: Defaults Upon Senior Securities
−Removed: Mine Safety Disclosures
−Removed: Not applicable.
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.