8 unchanged sentences
The owners filed a Complaint, alleging that the damages total approximately $1.7 million.
−Removed: The matter is in the early stages of discovery so it is difficult to determine whether that amount accurately reflects the claimed damages, or whether the Company is in any way culpable for the damages.
+Added: The matter is in discovery so it is difficult to determine whether that amount accurately reflects the claimed damages, or whether the Company is in any way culpable for the damages.
At this time it is too early to predict whether an unfavorable outcome will result.
The Company is vigorously defending this matter.
−Removed: In the normal course of business, there are outstanding various contingent liabilities such as claims and legal action, which are not reflected in the financial statements.
−Removed: In the opinion of management, no material losses are anticipated as a result of these actions or claims.
Mori Restaurant LLC v.
9 unchanged sentences
The Bank's REO subsidiary, 320 Route 73 LLC, was the successful bidder and took title thereto.
−Removed: Mori Restaurant has filed counterclaims against 320 Route 73 LLC and the Bank for rent
−Removed: allegedly accruing due during the period that the Receiver was in possession of the premises.
−Removed: As to all of Mori Restaurant’s claims, the Bank defendants’ primary, but not exclusive, defense in this matter is that, pursuant to that certain Fee Owner Consent executed by and between Mori Restaurant and the Bank, in November 2014, the lease between VDC and Mori Restaurant was terminated as a matter of law and neither the Bank nor 320 Route 73 LLC have liability to Mori Restaurant under the lease or otherwise.
+Added: Mori Restaurant has filed counterclaims against 320 Route 73 LLC and the Bank for rent allegedly accruing due during the period that the Receiver was in possession of the premises.
+Added: As to all of Mori Restaurant’s claims, the Bank defendants’ primary, but not exclusive, defense in this matter is that, pursuant to that certain Fee Owner Consent executed by and between Mori Restaurant and the Bank, in November 2014, the lease between VDC and Mori Restaurant was terminated as a matter of law and neither the Bank nor 320 Route 73 LLC have liability to Mori Restaurant under the lease or
The Bank believes this suit is without merit, denies any and all liability and intends to vigorously defend against this matter.
+Added: In the normal course of business, there are outstanding various contingent liabilities such as claims and legal action, which are not reflected in the financial statements.
+Added: In the opinion of management, no material losses are anticipated as a result of these actions or claims.
Other than the foregoing, there were no material pending legal proceedings, other than ordinary routine litigation incidental to the business, to which the Company or any of its subsidiaries is a party or of which any of their property is the subject.
1 unchanged sentence
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.