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Legal News

: International and UK Law

Ted Greeno: 'We're seeing a big increase in litigation'

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We are now seeing a big increase in litigation for all sorts of reasons. When profits are falling, people hang on to what they?ve got because they have more time on their hands and there aren?t the deals to be done. Litigation is often used by companies as a cash flow tool to avoid paying money out. Sometimes they just litigate for longer simply to hang on to cash.

Full post as published by International and UK Law on October 20, 2008 (boomark / email).

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