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The current ratio is used to help assess a company's ability to pay its debts in the near future.
Breached Contract
Occurs when one party fails to fulfill any of its contractual obligations, thereby violating the terms of the contract.
Judgment
The official decision or finding made by a court at the end of a lawsuit.
Diversity of Citizenship
A legal principle that allows federal courts in the United States to hear cases where the parties involved are citizens of different states or countries.
Federal District Court
is a general trial court of the United States federal court system that has both original jurisdiction over federal cases and questions involving federal law.
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