Interest on Lawyers’ Trust Accounts. A program that allows a lawyer or law firm to deposit a client’s retained funds into an interest-bearing account that designates the interest payments to charitable, law-related purposes, such as providing legal aid to the poor. • Almost all states have either a voluntary or mandatory IOLTA program. — Abbr. […]
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Bankruptcy. An unsecured claim that, under bankruptcy law, must be paid before other unsecured claims. • The Bankruptcy Code sets forth nine classes of claims, to be paid in order of priority: (1) administrative expenses of the bankruptcy estate, (2) involuntary gap claims, (3) wage claims, (4) contributions to employee benefit plans, (5) claims of
dep t 〈法〉寄托 用于法国法中，相当于罗马法的depositum和英格兰法上的deposit。它分为两种，即通常寄托〔dept simply〕与讼争物寄托〔sequestre〕。前者可以是任意寄托或紧急寄托〔voluntary or necessary〕；后者既可以是当事人合意的讼争物寄托，也可以是法院命令或裁判的讼争物寄托。 (→deposit；depositum)