Private litigation definition

Private litigation means a legal proceeding to which the United States is not a party.
Private litigation shall have the meaning ascribed to such term in the Contingent Payment Agreement.
Private litigation. Any action, suit or proceeding initiated by or on behalf of a borrower in any federal or state court of competent jurisdiction alleging commission of a Mortgage Loan Servicing Error by SPS prior to the Option Closing Date; provided, however, that (i) solely for purposes of the definition of Designated Litigation Expenses other than clause (iii) of the proviso contained therein, Private Litigation may include the alleged commission of a Mortgage Loan Servicing Error by SPS that occurred both prior and subsequent to the Option Closing Date; and (ii) Private Litigation shall exclude any Regulatory Action.

Examples of Private litigation in a sentence

  • Private litigation is an important aspect of the antitrust regime that Congress created, and in particular its treble damage provision provides an additional tool to deter anticompetitive acts.

  • Mr Nicholas explained that the fire service crews when out attending calls would report through to NRW if they discovered blocked culverts.

  • Private litigation is another avenue of legal recourse available to backers in some states.

  • Private litigation against companies, their directors and officers, or all of them, for failure to manage cyberattacks are prominent, frequent and extremely expensive.

  • If no performance checks for the 3V range are to be made, remove the DC Volts Standard and Digital Voltmeter from the 3478A.

  • Private litigation before the Tribunal will also yield valuable jurisprudence which will assist the Bureau in its enforcement and application of the Act and will better delineate the bounds of legitimate behaviour to the business community.

  • Private litigation is a tool that can complement these activities as regulatory bodies do not and cannot be expected to cover the field of enforcing consumer rights.

  • Private litigation between two private parties cannot have more than inter-partes effect, unless the legislature has provided for it.

  • Private litigation and the mechanisms that enable it are not merely add-ons to our regulatory regime, much less are they fundamentally at odds with it.

  • Private litigation, whether conducted as a group through a representative proceeding (or class action) or by way of individual action, can deter undesirable commercial conduct7 and provides a direct mode of restitution from the wrongdoers to the victims of this conduct.


More Definitions of Private litigation

Private litigation. Any absence whether voluntary or by legal order to appear or testify in private litigation, not in the status of an employee but as a plaintiff or defendant, shall not qualify for leave under this article and shall be charged against accumulated leave or be without pay. In no event shall an employee be granted a leave of absence with pay to appear or testify in any court proceedings or proceedings conducted by any administrative agency when the employee is a plaintiff, complainant or witness on behalf of a plaintiff or complainant in a proceeding against the Board of Education. Sick Leave
Private litigation means any lawsuit, arbitration, mediation, or other adversary proceeding that does not constitute a Government Proceeding.

Related to Private litigation

  • Pending Litigation means a proceeding in a court of law whose activity is in progress but not yet completed.

  • Litigation means any action, suit or proceeding before any court, mediator, arbitrator or Governmental Authority.

  • Threatened litigation as used herein shall include governmental investigations and civil investigative demands. “Litigation” as used herein shall include administrative enforcement actions brought by governmental agencies. The Contractor must also disclose any material litigation threatened or pending involving Subcontractors, consultants, and/or lobbyists. For purposes of this section, “material” refers, but is not limited, to any action or pending action that a reasonable person knowledgeable in the applicable industry would consider relevant to the Work under the Contract or any development such a person would want to be aware of in order to stay fully apprised of the total mix of information relevant to the Work, together with any litigation threatened or pending that may result in a substantial change in the Contractor’s financial condition.

  • Civil action means all suits or claims of a civil nature in a state or federal court, whether cognizable as cases at law or in equity or admiralty. "Civil action" does not include any of the following:

  • Plaintiffs’ Counsel means Lead Counsel and all other legal counsel who, at the direction and under the supervision of Lead Counsel, performed services on behalf of the Settlement Class in the Action.

  • Defendants’ Counsel means Xxxxxx X. Xxxxxxx and Xxxxxx X. Xxxxx of Xxxxxx Xxxxxx Xxxxxxxx LLP.

  • Legal Action means and includes any claim, counterclaim, demand, action, suit, counterclaim, arbitration, inquiry, proceeding or investigation before any