Priceline 2015 Annual Report Download - page 37

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Other
We accrue for certain legal contingencies where it is probable that a loss has been incurred and the amount can be reasonably estimated. Such accrued
amounts are not material to our consolidated balance sheets and provisions recorded have not been material to our consolidated results of operations or cash flows.
An estimate for a reasonably possible loss or range of loss in excess of the amount accrued cannot be reasonably made.
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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