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connexity

connexity (k[schwa]-nek-s[schwa]-tee). Connectedness; the quality of being connected. • In some states, connexity expresses the relationship that must exist between a foreign party (such as a corporation) and the state for a plaintiff to maintain personal jurisdiction over the party; generally, the claim must arise from a transaction connected with the activities of the party

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failing company doctrine

failing-company doctrine. Antitrust. The rule that allows an otherwise proscribed merger or acquisition between competitors when one is bankrupt or near failure. 15 USCA §§ 12–27. — Also termed failing-firm defense. [Cases: Monopolies 20(1). C.J.S. Monopolies §§ 106–111, 115–116, 125.] “The 1992 guidelines provide a limited defense for failing firms and failing divisions of firms.

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reservation

reservation. 1. The creation of a new right or interest (such as an easement), by and for the grantor, in real property being granted to another. Cf. EXCEPTION(3). [Cases: Deeds 141; Easements 14. C.J.S. Deeds §§ 279–282, 284; Easements § 60.] implied reservation. An implied easement that reserves in a landowner an easement across a

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