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WYN » Topics » Litigation For Which We Have Assumed Liability Pursuant to the Separation and Distribution Agreement

This excerpt taken from the WYN 8-K filed Jul 19, 2006.

Litigation For Which We Have Assumed Liability Pursuant to the Separation and Distribution Agreement

Pursuant to the Separation and Distribution Agreement, we agreed to be responsible for 37.5% (or 30% if the sale of Travelport is not completed) of the contingent and other corporate liabilities (and related costs and expenses) related to the Cendant litigation described in the “Business—Employees, Properties and Facilities, Government Regulation and Legal Proceedings—Legal Proceedings—Legal—Cendant Corporate Litigation” section, included elsewhere in this information statement.

 

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