Search Results for: case at bar

bargain and sale

bargain and sale. 1. A negotiated transaction, usu. for goods, services, or real property. 2. Hist. A written agreement for the sale of land whereby the buyer would give valuable consideration (recited in the agreement) without having to enter the land and perform livery of seisin, so that the parties equitably “raised a use” in

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bar association

bar association. An organization of members of the legal profession (several state bar associations sponsor superb CLE programs). See BAR(2). [Cases: Attorney and Client 31. C.J.S. Attorney and Client §§ 8–9.] local bar association. A bar association organized on a local level, such as an association within a county or city. • Local bar associations

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absolute bar rule

absolute-bar rule. The principle that, when a creditor sells collateral without giving reasonable notice to the debtor, the creditor may not obtain a deficiency judgment for any amount of the debt that is not satisfied by the sale. [Cases: Mortgages 375, 559(3); Secured Transactions 230, 240. C.J.S. Mortgages §§ 674–676, 934–935, 937, 950; Secured Transactions

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time bar

time-bar, n. A bar to a legal claim arising from the lapse of a defined length of time, esp. one contained in a statute of limitations. [Cases: Limitation of Actions 1. C.J.S. Limitations of Actions §§ 2–4.] — time-barred, adj.

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contribution bar

contribution bar. Preclusion of a defendant having contribution rights against other defendants, who have settled their dispute with the plaintiff, from seeking contribution from them. • The bar is usu. allowed in exchange for a credit against any judgment the plaintiff obtains against the nonsettling defendant. [Cases: Contribution 8. C.J.S. Contribution §§ 26–31.]

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