Here Domestic $($HD$)$ and There Away Inc. $($TA$$ a competitor of HD$)$ have been engaged in long$-$standing litigation over a specific patent infringement matter.

Below is a summary timeline of specific events that took place related to this matter:

$($Note$-$ journal entries were made, as appropriate throughout this process$)$

In May current year, TA filed a claim against HD for patent infringement.

For the year ended December $31,$ Current year, management of HD determined that a loss for this matter was probable and determined that the estimate of loss was in the range of $$15$ million to $$20$ million, with $$17$ million being the most likely amount of loss within the range.

A jury trial took place in September next year, entering a verdict in favor of TA that resulted in a $$18\mathrm{.}5$ million judgment against HD$.$

In November next year, HD filed a NoIA $($Notice of Intent to Appeal$)$ with the proper court of appeals.

In December next year $1,$ the Court of Appeals issued a ruling in favor of HD$$s appeal and reversed the lower court$$s ruling on the matter thereby overturning the jury verdict including the $$18\mathrm{.}5$ million judgment against HD$.$

In January next year $2,$ TA filed a petition for a re$-$hearing before the same panel of appellate judges against the reversal of ruling by the court of appeals.

In February next year $2,$ the appellate judges declined the petition for a re$-$hearing.

In March next year $2,$ TA issued a public statement of renunciation about their patent infringement dispute with HD$.$

On April $1,$ next year$2,$ management of HD determined this matter was closed upon discussions with in$-$house legal counsel.

You have been asked to prepare a presentation for HD$$s May next year $2$ board meeting to summarize the annual accounting that transpired over the course of the dispute with TA$,$ including any journal entries that were recorded, the relevant authoritative guidance to support the journal entries, and an assessment of the potential for having to restate NY$$s financial statements. Give the proper ASC Topics from the FASB Codification to answer this.