Define: Pending Litigation
Pending Litigation means an active, not yet concluded, court case
Legal accuracy standard set & glossary spot-checked by Imad Mohammed Nazar , Skadden-trained M&A lawyer, Legal Engineer at GenieAI
Pending Litigation means an active, not yet concluded, court case.
Relevant Circumstances
- During due diligence before signing a Mergers and Acquisitions Agreement.
- In a Share Purchase Agreement, to ensure the transparency about any ongoing lgiation regarding the shares.
- Within a Real Estate Purchase Agreement, to disclose any pending litigation related to the property.
- In a Partnership Agreement, informing partners of any existing legal disputes.
- An Employment Agreement to highlight any ongoing litigation that could impact the employer or employee.
Relevant Sectors
- Real Estate
- Tech Startups
- General Corporate
- Employment and Labor