A legal term referring to a personal right to possess property or claim debts, which can only be realized by taking legal action.
Conversion is the tort equivalent to the crime of theft. It involves the unauthorized taking or use of someone else's property and can result in damages being awarded to the rightful owner.
A legal action initiated by a shareholder on behalf of a corporation against a third party, often an executive or director of the corporation, due to the corporation's failure to enforce its rights. This remedy allows shareholders to address wrongs done to the corporation when the corporation itself fails to take action.
A derivative claim is a legal action brought by a shareholder on behalf of a company for wrongs done to it, typically when those in control of the company are the ones responsible for the alleged misconduct.
Ejectment is a legal action to regain possession of real property from someone who is unlawfully occupying it. It is not applicable in cases where the possession is pursuant to a lease. Ejectment actions are typically used by property owners or those with a superior claim to the title to remove occupants or trespassers who do not have the right to remain on the property.
A plaintiff is the individual or entity who initiates a lawsuit by filing a complaint with a court of law, seeking remedies for an alleged injury or violation of rights.
Replevin is a legal form of action employed to recover possession of specific personal property that is unlawfully withheld from the plaintiff, plus damages for its detention.
In legal terms, a 'respondent' is the party sued in an action at law. In a general context, a 'respondent' is someone who answers a survey.
