Frank started as a balloon salesman on the boardwalk in Sopot. He owns several companies, one imports Cuban cigars, another trades in fuels. He has been managing staff for almost 45 years and now when he is over 60 (note: this is the age when the retirement provision is high) he thinks life owes him something. I wonder if the hotel affair results in any contingent liabilities?   However, Frank has done his homework and discounted the risk appropriately ? I just wonder what discount rate he applied.