Legal risk


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Legal risk

The risk associated with the impact of a defect in the documentation on cash flow or debt service.

Legal Risk

The potential loss that may occur to an investment as a result of insufficient, improperly applied, or simply unfavorable legal proceedings in the country in which the investment is made. For example, a country may have inadequate bankruptcy protection or, in an extreme circumstance, the government may be able to seize property without provocation. On the other hand, legal risk exists even in countries that operate under the rule of law: a court, for instance, may find against a company in a given lawsuit, creating a precedent for other companies with similar operations.
References in periodicals archive ?
She takes up the position following her previous role as General Counsel and Company Secretary at Kiwibank, where she led an industry-recognised team providing legal risk management and best practice corporate governance.
Generics like Teva (TEVA) and Endo (ENDP), that once actively promoted opioid brands, have a greater degree of legal risk relative to companies such as Amneal that have strictly distributed generic opioid products, says the analyst.
In his new role, Tubbs will be responsible for leading the growth and expansion of Pravati Capital's New York office, and working with law firms and corporate clients to evaluate and manage legal risk for potential investments in large, complex legal matters.
The newly created role will be tasked with leading and co-ordinating all of Henry Howard Finance's legal matters, working closely with the business to advise on all areas of legal risk, including commercial contracts, supporting the company with regulatory changes, and driving improvements and enhancements to working and operational practices.
Credit unions that don't have sufficient bring your own device policies have put themselves at a high legal risk, according to attorney Michael D.
As part of his daily activities as a Legal Risk Officer, Hamata is tasked with assisting the Legal Services Department in managing legal risks within the bank.
The automation legal reference; a guide to legal risk in the automation, robotics and process industries.
But a new trend looks to make legal risk management part of an enterprise's core competitiveness.
Well, one common example of a legal risk is if an important contract is not performed properly, a customer could end up sustaining substantial losses which they then try to recover from you.
Robert Jay QC, counsel to the inquiry, asked him: "In your view, were there deficiencies in News International's systems for identifying and assessing legal risk, particularly in the context of potential reputational harm for the company?"
Spain/Portugal are also a "low legal risk" but are told they need a proper safety and security strategy.