TripAdvisor 2015 Annual Report Download - page 28

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Item 3. Legal Proceedings
Intheordinarycourseofbusiness,weandoursubsidiariesarepartiestolegalproceedingsandclaimsarisingoutofouroperations.Thesemattersmay
relatetoclaimsinvolvingallegedinfringementofthird-partyintellectualpropertyrights,defamation,taxes,regulatorycomplianceandotherclaims.Rulesofthe
SECrequirethedescriptionofmaterialpendinglegalproceedings,otherthanordinary,routinelitigationincidenttotheregistrant’sbusiness,andadvisethat
proceedingsordinarilyneednotbedescribediftheyprimarilyinvolvedamagesclaimsforamounts(exclusiveofinterestandcosts)notindividuallyexceeding10%
ofthecurrentassetsoftheregistrantanditssubsidiariesonaconsolidatedbasis.Inthejudgmentofmanagement,noneofthependinglegalproceedingsthat
TripAdvisorandoursubsidiariesaredefendinginvolvesorislikelytoinvolveamountsofthatmagnitude.Theremaybeclaimsoractionspendingorthreatened
againstusofwhichwearecurrentlynotawareandtheultimatedispositionofwhichwouldhaveamaterialadverseeffectonus.
Item 4. Mine Safety Disclosures
Notapplicable.
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