It is a key point... if splits are encouraged and made easier (and I agree it'd be healthier for the market if the largest companies did), then liability needs

It is a key point... if splits are encouraged and made easier (and I agree it'd be healthier for the market if the largest companies did), then liability needs to be handled carefully. One doesn't want to create a 'snake sheds its skin' scenario where Meta (for example), stuffs all its liability in a spin-off, yet keeps the profits those actions accrued in the other entity.