FOLIO Ontology

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Identification

IRI:
https://folio.openlegalstandard.org/Rijz2yDnioeblXoMdxow8K
Label Litigation Risk
Preferred Label N/A
Identifier N/A
Alternative Labels

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Definition

Litigation Risk refers to the potential for negative consequences arising from legal disputes, claims, or lawsuits involving an organization or its representatives. This can result from contractual breaches, regulatory noncompliance, intellectual property infringement, or negligence, potentially leading to financial losses, reputational damage, or operational disruptions, ultimately impacting the organization's overall performance, credibility, and sustainability.

Class Relationships

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Additional Information

Metadata

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Description

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Notes

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Editorial Information

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Editorial Note

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Deprecated

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