Wednesday, May 12, 2010
Kelly Gordon Rogers Law Article
Reverse leveraged buyout - when a company that was a leveraged buyout restructures its (usually unmanageable) debt by issuing new equity (usually in exchange for some or all of the outstanding debt incurred during the original leveraged buyout). Kelly Gordon Rogers
Tort - An injury or wrong committed, with or without force, to the person or property of another, which gives rise to a claim for damages.
Common law - Law which derives its authority solely from usage and customs of immemorial antiquity or from the judgments and decrees of courts. also called "case law."
Executory contract - a contract in which some or all of the obligations of each party have not yet been completed. The debtor-in-possession (or trustee) is allowed to reject unilaterally certain executory contracts.
Kelly Gordon Rogers: Due process - Constitutional guarantee that an accused person receive a fair and impartial trial.
En banc "On the bench." All judges of a court sitting together to hear a case.
Courts of limited jurisdiction - Includes district, municipal and police courts.
Exception - A formal objection of an action of the court, during the trial of a case, in refusing a request or overruling an objection; implying that the party excepting does not acquiesce in the decision of the court and will seek to obtain its reversal.
Settlement conference - A meeting between parties of a lawsuit, their counsel and a judge to attempt a resolution of the dispute without trial. Kelly Gordon Rogers
Civil law - All law that is not criminal law. Usually pertains to the settlement of disputes between individuals, organizations or groups and having to do with the establishment, recovery or redress of private and civil rights.
Kelly Gordon Rogers Injure - 1. Hurt or harm 2. Violate the legal rights of another person.
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