Examlex
An overseas operation that is totally owned and controlled by an MNC is a wholly owned subsidiary.
Settlement
An agreement reached between parties in a lawsuit, resolving the dispute without further litigation.
Prevailing Party
The party in a legal proceeding that successfully obtains a judgment in their favor or achieves a favorable settlement.
Appeal
The process of seeking a higher court's review of a lower court's decision in hopes of reversing or modifying the judgment.
Jurisdiction
The official power to make legal decisions and judgments, often demarcated by geographical boundaries or types of cases.
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