Examlex
Under contract law,a provision in the contract for restricting trade will be struck down by the court if it
Adequate Protection
A principle in bankruptcy law that ensures creditors receive protection against the depreciation of their collateral during a bankruptcy case.
Automatic Stay
A provision in bankruptcy proceedings that halts most legal actions against the debtor, providing temporary relief from creditors, evictions, and certain lawsuits.
Legal Action
The formal process of resolving disputes by a court of law, including lawsuits and litigation.
Punitive Damages
Punitive damages are financial compensation awarded to a plaintiff, over and above the actual damages, intended to punish the defendant for egregious wrongdoing and deter future similar acts.
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