Legal Due Diligence · glossary
A claim someone has asserted but not yet issued at court, often in a letter before action. Such claims sit in inboxes, not public registers, so the review relies on the seller's disclosure and management's confirmations. Report §9 · Chapter 11
Explained in Chapter 11, Litigation, Tax and the Rest, of Legal Due Diligence.
Live claims arrive in the data room with their papers. The hard part is proving that nothing else exists. A threatened claim is one that someone has asserted but not yet issued at court. It usually begins with a letter before action.Read Chapter 11, Litigation, Tax and the Rest →
Chapter 1 and this glossary are open to everyone; the whole edition is free to read with a free account until 31 January, and it stays open to an account opened by then.Chapter 1 of Legal Due Diligence and this glossary are free to read; the rest of the edition is in the Library, at €12 a month or €79 for a Year Pass.
Related terms
Where this term lives
This term is part of one complete fictional deal, with every document attached and a test after every chapter. Open Legal Due Diligence → · All terms A–Z →