(As Benjamin Wittes points out, ignoring the court, at the very least, "involves serious litigation risk").
Will litigation risk ever subside?" Some value investors have been willing to bet that it will.
"Right now they're not looking at it, because of litigation, risk and other risk, which is very sad".
The settlement brings certainty over the end of the dispute and eliminates any further litigation risk in Asos's biggest markets.
Now that you have removed most of the litigation risk, the company can focus on business fundamentals exclusively.
But he said there was also peer pressure and litigation risk for McDonald's if it does not get rid of trans fat.
Although the dotcom and sub-prime crises are different both quantitatively and qualitatively, in our opinion this illustrates the tendency of litigation risk to get worse.
"The litigation risk is huge," he added, saying the ruling, if upheld, could give private lawsuits much greater traction in court.
"I think something that hasn't been explored much is the extent to which the financial services industry has exposure to litigation risk in securitizations," Professor Engel said.
The fact that Mr. Dell is giving so little time here means he is perhaps not that worried about litigation risk.
In fact, the opposite appears to be occurring: the openness and transparency promoted by patient safety advocates appear to be influencing hospitals' responses to litigation risk.
