ethical wall. A screening mechanism that protects a client from a conflict of interest by preventing one or more lawyers within an organization from participating in any matter involving that client. • This mechanism is designed to allow a lawyer to move to a new job without the fear of vicariously disqualifying the new employer […]
Authority that issues directly from a law-making body; legislation and the reports of litigated cases.
lifting costs. Oil & gas. The cost of producing oil and gas after drilling is complete but before the oil and gas is removed from the property, including transportation costs, labor, costs of supervision, supplies, costs of operating the pumps, electricity, repairs, depreciation, certain royalties payable to the lessor, gross-production taxes, and other incidental expenses.
Larceny in which the taker misleads the rightful possessor, by misrepresentation of fact, into giving up possession of (but not title to) the goods. — Also termed larceny by trick and deception; larceny by trick and device; larceny by fraud and deception. Cf. FALSE PRETENSES; cheating by false pretenses under CHEATING. [Cases: Larceny 14. C.J.S.
A hearsay statement that contains further hearsay statements within it, none of which is admissible unless exceptions to the rule against hearsay can be applied to each level [the double hearsay was the investigation’s report stating that Amy admitted to running the red light].Fed. R. Evid. 805. — Also termed multiple hearsay; hearsay within hearsay.
Real estate. A buyer’s lien on the purchased land as security for repayment of purchase money paid in, enforceable if the seller does not or cannot convey good title. [Cases: Vendor and Purchaser 337. C.J.S. Vendor and Purchaser §§ 639, 653–654.]
recognition, n. 1. Confirmation that an act done by another person was authorized. See RATIFICATION. [Cases: Principal and Agent 170(2).C.J.S. Agency § 88.] 2. The formal admission that a person, entity, or thing has a particular status; esp. a nation’s act in formally acknowledging the existence of another nation or national government. 3. Parliamentary law.
victualer (vit-[schwa]l-[schwa]r). Hist. 1. A person authorized by law to keep a house of entertainment for the public; a publican. [Cases: Theaters and Shows 3. C.J.S. Entertainment and Amusement; Sports§§ 18–19, 22, 25–37.] 2. A person who serves food or drink prepared for consumption on the premises. — Also spelled victualler. [Cases: Food 0.5, 3.]
A fixed-price, schedule-intensive construction contract — typically used in the construction of single-purpose projects, such as energy plants — in which the contractor agrees to a wide variety of responsibilities, including the duties to provide for the design, engineering, procurement, and construction of the facility; to prepare start-up procedures; to conduct performance tests; to create
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A drug (such as heroin or nicotine) that, usu. after repeated consumption, causes physical dependence and results in well-defined physiological symptoms upon withdrawal. [Cases: Controlled Substances 9.]