Definition
The process of taking legal action against a person or organisation. In a business context, it often arises from disputes over contracts, financial performance, or alleged wrongdoing.
Why it matters (in Poovi’s context)
Litigation is presented as a direct consequence of the company’s financial losses and declining stock price, highlighting a common risk faced by organisations during periods of crisis.
Key properties or components
- Legal proceedings
- Lawsuits
- Shareholder actions
- Divorce proceedings
Contradictions or debates
None.