Lawsuits, commonly referred to as suits are low-to-moderate risk legal events that companies can experience. A legal event is any official proceeding to which a business is a party that can indicate various levels of risk or deterioration for a business.
Creditsafe is able to collect and publish information about these legal events so businesses can make better decisions. A lawsuit is defined as any dispute brought before a court of law for resolution where a defendant has potential exposure to monetary judgments on injunctions.
Creditsafe receives new data daily regarding suits from the many Courts and Recorders' Officers throughout the Country.
- Over 3400 active records in our database
- 1.4 million total
- On average 50,000 suits a year