Legal risk

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Revision as of 08:58, 26 October 2015 by imported>Doug Williamson (Link with Market risk page.)
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1.

The risk that transactions or business relationships may have unforeseen adverse legal consequences.

For example, giving rise to additional costs or to the inability to enforce legal rights.


2.

The risk that the administration of legal matters may be more costly - or otherwise more burdensome - than foreseen.

Legal risk may arise from existing laws and practice, or from changes in relevant laws and practice.


See also