During 2020, Aylmer was involved in two separate lawsuits: In 2020, a customer who visited the Aylmer

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During 2020, Aylmer was involved in two separate lawsuits: In 2020, a customer who visited the Aylmer corporate office slipped and fell. A lawsuit was filed and a court appearance in-front of a judge occurred. Aylmer's attorney believes that it is probable and very likely that Aylmer will be liable for damages in the amount of $235,000 as a result of this suit. In 2020, a separate lawsuit was brought against Aylmer. Aylmer was sued for patent infringement by Kingsmill Corp. Aylmer's attorney believes that it is not probable that Aylmer will be liable for $450,000 of damages claimed by Kingsmill.

what is the notes to the financial statement under Provisions

Posted Date: May 07, 2024 01:31 AM

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During 2020, Aylmer was involved in two separate lawsuits: In 2020, a customer who visited the Aylmer

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The notes to the financial statements under Provisions should disclose information about the lawsuits involving Aylmer Corporation in 2020 Specificall... View the full answer

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