Home Shopping Network 2011 Annual Report Download - page 19

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ITEM 3. LEGAL PROCEEDINGS
In the ordinary course of business, we are involved in various legal matters arising out of our operations.
These matters may relate to claims involving property, personal injury, contract, intellectual property (including
patent infringement), sales tax, regulatory compliance and other claims. As of the date of this filing, we are not a
party to any legal proceedings that are reasonably expected to have a material adverse effect on our business,
results of operations, financial condition or cash flows; however, litigation matters are subject to inherent
uncertainties and the results of these matters cannot be predicted with certainty. An unfavorable resolution of one
or more of these matters could have a material adverse effect on our business, results of operations, financial
condition or cash flows. Moreover, any claims or regulatory actions against us, whether meritorious or not, could
be time consuming, result in costly litigation, require significant amounts of management time and results in the
diversion of significant operational resources.
See Note 13 – Commitments and Contigencies in Part II, Item 8 for additional information regarding legal
matters in which we are involved.
ITEM 4. MINE SAFETY DISCLOSURES
Not Applicable
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