demurrage (di-m[schwa]r-ij). (usu. pl.) Maritime law. 1. Liquidated damages owed by a charterer to a shipowner for the charterer’s failure to load or unload cargo by the agreed time. [Cases: Shipping 170. C.J.S. Shipping §§ 431–432.] contract demurrage. A demurrage paid by a vessel’s charterer if the time to load or unload the vessel at […]
imply, vb. 1. To express or involve indirectly; to suggest (the opinion implies that the court has adopted a stricter standard for upholding punitive-damages awards). Cf. INFER. 2. (Of a court) to impute or impose on equitable or legal grounds (the court implied a contract between the parties). 3. To read into (a document) (citing
irreparable-injury rule (i-rep-[schwa]-r[schwa]-b[schwa]l). The principle that equitable relief (such as an injunction) is available only when no adequate legal remedy (such as monetary damages) exists. • Although this rule is one that courts continue to cite, the courts do not usu. follow it literally in practice. — Also termed adequacy test. [Cases: Injunction 14, 138.
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solatium (s[schwa]-lay-shee-[schwa]m), n. [Latin “solace”] Scots law. Compensation; esp., damages allowed for hurt feelings or grief, as distinguished from damages for physical injury.
drilling contract. Oil & gas. A well-drilling agreement between a drilling contractor, who owns drilling rigs and associated equipment, and the owner or lessor of the mineral rights. • The contract spells out the rights and duties of the parties. In general, the more control the interest-owner retains over the contractor, the more liability the