If everybody would just use the <ul> tags properly then there is not an issue.
If you have a span do NOT put the ul or a p or a div or a table inside it.
BAD
<span> some text
<ul>
<li> some point
</ul>
more text
</span>
GOOD
<span> some text</span>
<ul>
<li> some point
</ul>
<span>more text</span>