Equity (law) - Wikipedia
In the field of jurisprudence, equity is the particular body of law, developed in the English Court of Chancery, [1] with the general purpose of providing legal remedies for cases wherein the common law is inflexible and cannot fairly resolve the disputed legal matter. [2] .
What is Equity Law | Definition, History, Common Law vs Equity Law ...
2016年9月2日 · Equity can be broadly described as being just or fair, whereas the legal meaning of the term equity refers to the rules determined to mitigate the severity of the common law rules and those issues that are not be covered under the common law jurisdiction.
equity | Wex | US Law | LII / Legal Information Institute
In law, the term "equity" refers to a particular set of remedies and associated procedures involved with civil law. These equitable doctrines and procedures are distinguished from " legal " ones. While legal remedies typically involve monetary damages , equitable relief typically refers to injunctions , specific performance , or vacatur .
Equity: Legal Definition, Equitable Doctrines, Justice, Fairness and ...
2023年11月21日 · Equity is a branch of law that supplements and, in certain cases, overrides the strict rules of common law to ensure justice and fairness are achieved in individual cases. Equity, a vital concept in the legal world, stands as a testament to …
Equity | Definition, Principles & Cases | Britannica
equity, in Anglo-American law, the custom of courts outside the common law or coded law. Equity provided remedies in situations in which precedent or statutory law might not apply or be equitable.
court of equity | Wex | US Law | LII / Legal Information Institute
A court of equity is a type of court with the power to grant remedies other than monetary damages. These remedies include injunctions, writs, or specific performance among others. Traditionally, English courts followed a distinction between courts of law, which could grant exclusively monetary damages, and courts of equity, which could not.
The 20 Maxims of Equity
2020年9月18日 · Equity is an ancient judicial system originating in England by which courts apply principles of general fairness in situations where application of the common law would bring about injustice. Article III of the U.S. Constitution extends the judicial power of courts to both cases in law and in equity.
For one view on how the story came out, see Henry Smith, ‘Equity as Meta-Law’, Yale Law Journal, 130 (2021) 1050–1144; for another, Henry Bray, ‘The System of Equitable Remedies’, Univeristy of California Los Angeles Law Review, 63 (2016) 530–593.
Equity Lecture Notes - LawTeacher.net
EQUITY AND THE COMMON LAW Rivalry between the Courts. The Court of Equity (or Chancery) became very popular because of its flexibility; its superior procedures; and its more appropriate remedies.
1. What is equity? | Law Trove
Equity is both a different system of law which recognizes rights and obligations that the common law does not, and a system which seeks to address the inherent gaps which can exist in following any set of rules. Equity plays a large, but largely hidden, role in all our lives.