Security interest is interest in someone else's property, created by contract or by law. A mortgage is one type of security interest created by contract. A garnishment is one type of security interest created by law.
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money and financial problems
self-dealing
Self-dealing is when a person with a fiduciary duty to a company takes action to gain personal benefit, instead of for the benefit of the company. For people who may not have a direct fiduciary duty, it also refers to a person who buys or...
senior lien
Senior lien refers to security interests in an investment that get repaid before other liens. Typically, senior liens are the first liens issued with debt on an investment. Later investors also have a lien on the property, but if the debtor...
sequestration
Sequestration is the process of temporarily removing property from its possessor under the process of law. The final decision is contingent on the outcome of a judicial dispute between multiple parties who claim ownership. As a form of...
setoff
A setoff is the right of someone who owes money to subtract from the debt any money owed in the other direction.
A setoff is also a defendant’s monetary demand against the plaintiff for some injury unrelated to the...
settle
To settle means to end or resolve; to reach a conclusion; to reach a decision on a cause of action; to come to an agreement or understanding; to pay or liquidate a debt.
It also means to take up residence in a place, or to...
settlement
A settlement is an agreement that ends a dispute and results in the voluntary dismissal of any related litigation. Regardless of the exact terms, many parties choose to keep their settlement agreements private.
In business...
shareholder derivative suit
A shareholder (stockholder) derivative suit is a lawsuit brought by a shareholder or group of shareholders on behalf of the corporation against the corporation’s directors, officers, or other third parties who breach their duties.The claim of...
sheriff's sale
A sheriff’s sale is a public auction conducted by a sheriff or other law enforcement official, typically as a result of a court order to sell property to satisfy a judgment or debt. This type of sale often occurs when a property owner has...
Sherman v. Sherman, 330 N.J. Super. 638 (Ch.Div. 1999)
Sherman v. Sherman, 330 N.J. Super. 638 (Ch.Div. 1999), is a case regarding who controls the disposition of a corpse, with the court applying state legislation instead of common law principles on disposition.
Background...