Equitable Defense definition

Equitable Defense means any Bankruptcy or other laws affecting creditorsrights generally, and with regard to equitable remedies, the discretion of the court before which proceedings to obtain same may be pending.
Equitable Defense and “Equitable Defenses” shall mean (whether applied in a proceeding at law or in equity) any bankruptcy, insolvency, reorganization, moratorium, or similar law(s) affecting enforcement of creditorsrights generally or general principles of equity.

Examples of Equitable Defense in a sentence

  • According to one authority, “[a]n equitable defense is such a right, which exists solely by virtue of equitable doctrines, and which was originally recognized by courts of equity alone.” 4 JOHN NORTON POMEROY, EQUITY JURISPRUDENCE § 1369 Meaning and Nature of Equitable Defense (5th ed.

  • The Use of Laches as an Equitable Defense to Remedial Back Pay Under the EEOC's Sovereignty, 67 Cath.

  • Petrella Is Limited to Traditional Laches And Does Not Apply To Sherrill’ s Broader Equitable Defense.

  • Jeanine Giovanina Merto Chapter 7On The Equitable Defense of Laches?Creditors next argue that the motion should be barred by the equitable doctrine of laches as granting the motion, Creditors argue, would be unfairly prejudicial to them.

  • Recent Case: Landlord and Tenant - Retaliatory Rent Increase as an Equitable Defense in an Unlawful Detainer Action [ Schweiger v.

  • See generally W.H. Moreland, Counterclaim and Equitable Defense in Virginia, 3 Wash.

  • This Agreement has been duly authorized, executed, and delivered by the Seller and, assuming due execution and delivery by, and enforceability against, the Buyer, constitutes the legal, valid, and binding obligation of the Seller enforceable against the Seller in accordance with the provisions of this Agreement, except as such enforcement may be limited by any Equitable Defense.

  • Moreland, Counterclaim And Equitable Defense In Virginia, 3 Wash.

  • It objectively examines, evaluates and reports on the adequacy of the control environment as a contribution to the proper, economic, efficient and effective use of resources.2. The requirement for an internal audit function for local authorities is either explicit or implied in the relevant local government legislation (section 151 of the Local Government Act 1972), which requires that authorities “make arrangements for the proper administration of their financial affairs”.


More Definitions of Equitable Defense

Related to Equitable Defense

  • Released Claims means any and all claims, demands, rights, causes of action or liabilities of every nature and description whatsoever (including, but not limited to, any claims for damages, interest, attorneys’ fees, expert or consulting fees, and any other costs, expenses or liabilities whatsoever), whether based on federal, state, local, foreign, statutory or common law or any other law, rule, ordinance, administrative provision or regulation, including both known claims and unknown claims, whether class or individual in nature, whether fixed or contingent, accrued or unaccrued, liquidated or unliquidated, at law or in equity, matured or unmatured, based on, arising from or relating to (i) the purchase or acquisition of the common stock of Regions Financial during the Class Period, and (ii) the transactions, facts, matters, events, disclosures, public filings, acts, occurrences, representations, statements, omissions or failures to act that were or could have been alleged by Lead Plaintiffs in the Action against the Released Persons. Released Claims does not include claims to enforce the Settlement; nor does it include any governmental or regulatory agency’s claims in any criminal or civil action against any of the Defendants or any claims in any related ERISA or derivative actions.