Divestiture involves the loss or voluntary surrender of a right, title, or interest. It can also be a legal remedy where the court orders the offending party to rid itself of assets, often used in the enforcement of antitrust laws.
An illegal strike is a work stoppage or strike action that violates the law. Most public-sector strikes are illegal, along with those that violate an existing labor contract, are not properly authorized by union membership, or contravene a court order.
An intermediate court decree issued before a final court decree. It deals with one or more parts of an issue until the final decree is issued resolving the matter.
Preference occurs when an insolvent debtor favours a particular creditor, such as by paying one creditor in full, to the disadvantage of other creditors. If the debtor becomes bankrupt or goes into insolvent liquidation, the court can order restoration to ensure equitable treatment among all creditors.
A legal order made by a judge allowing a creditor to claim money directly from a third party holding funds for a debtor, such as a bank, until the court authorizes its release to the creditor.
Understanding the different applications of the term 'vacate' in real estate, law, and other contexts.
A writ of execution is a court order that directs a court officer to enforce a judgment, which may involve collecting money or seizing property from a defendant as per a court ruling.
