A barrister is a type of lawyer in common law jurisdictions, predominantly found in England, whose primary function is to represent clients in higher courts of law.
A cause of action refers to a set of facts sufficient to justify a right to sue, providing the foundation for a valid lawsuit. This is distinct from a right of action, which is the legal entitlement to initiate a lawsuit.
A term used to describe a person or entity with a substantial amount of financial resources or assets, making them a potential target for litigation due to their perceived ability to pay large settlements or awards.
Seemingly inexhaustible financial resources, permitting one to remain in business after a prolonged period of negative cash flow. Also, often in litigation, the party having money to pay the claim.
Discovery is a modern pretrial procedure by which parties gain information held by the adverse party. Common types of discovery include depositions, interrogatories, and the production of documents.
A frivolous lawsuit is a legal claim presented in court without substantial grounds or factual support. Such claims are considered a waste of judicial resources and can result in penalties for the party who files them.
An interpleader is an equitable action initiated by a debtor who seeks court intervention to determine to whom a particular debt is owed among multiple claimants, without making a claim on the disputed property themselves.
An issue can refer to securities sold by a corporation, the process of selling new securities, descendants in estate planning, or a point of dispute in legal practice.
A legal notice indicating that there is a pending lawsuit involving the property or its title, which serves to alert potential buyers or encumbrancers of the legal claim. The term means 'suit pending.'
A litigant is a party actively involved in a lawsuit, either as a plaintiff or a defendant. They actively participate in litigation, seeking to resolve a legal dispute through judicial intervention.
Litigation is a judicial contest through which legal rights are sought to be determined and enforced. It typically involves various stages, including pleadings, discovery, trial, and potentially appeal.
Misrepresentation refers to an untrue statement, whether unintentional or deliberate. It can involve nondisclosure where there is a duty to disclose or the deliberate creation of a false appearance. When there is misrepresentation of material fact, the injured party may sue for damages or rescind the contract.
A type of coverage in which an insured's own policy indemnifies them for bodily injury and/or property damage without regard to fault. This system is designed to simplify claims and reduce litigation in auto accidents.
The Racketeer Influenced and Corrupt Organizations Act (RICO) is a federal law enacted in 1970 designed to combat organized crime in the United States by enabling prosecutors to charge individuals or groups involved in extended criminal enterprises.
Res Judicata is a legal doctrine which prevents parties from relitigating the same issue that has already been resolved by a competent court through a final judgment.
The statute of limitations is a law that sets the maximum time within which parties involved in a legal dispute must initiate legal proceedings from the date of an alleged offense or claim.
Stipulated facts are a set of facts that both parties in a legal or tax dispute agree upon ahead of time, which simplifies the dispute resolution by narrowing down the issues in contention.
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