Common use of Litigation Reports Clause in Contracts

Litigation Reports. The District will file with the Treasurer a report by January 15, 2014, and quarterly thereafter, a detailed listing of all pending lawsuits or other legal actions to which the District is a party. For each pending lawsuit or other legal action, the listing must specify the name of the plaintiff or plaintiffs, the name of the defendant or defendants, the name of the court and judge with jurisdiction, the name of the attorney representing the District, the cause of action, the length of time during which the lawsuit or other legal action has been pending, an estimate as to any budgetary impact upon the District should the District not prevail in the lawsuit or other legal action, the details of any settlement agreement, and the applicability of any insurance maintained by the District.