Priceline 2014 Annual Report Download - page 39

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Other
We intend to defend vigorously against the claims in all of the proceedings described in this Item 3. We have accrued for certain legal
contingencies where it is probable that a loss has been incurred and the amount can be reasonably estimated. Except as disclosed, such amounts
accrued are not material to our consolidated balance sheets and provisions recorded have not been material to our consolidated results of
operations or cash flows. We are unable to estimate a reasonably possible range of loss.
From time to time, we have been, and expect to continue to be, subject to legal proceedings and claims in the ordinary course of
business, including claims of alleged infringement of third party intellectual property rights. Such claims, even if not meritorious, could result in
the expenditure of significant financial and managerial resources, divert management's attention from our business objectives and adversely
affect our business, results of operations, financial condition and cash flows.
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