author. 1. Copyright. The person who creates an expressive work, or the person or business that hires another to create an expressive work. • In copyright law, “author” applies to a broad range of occupations, including writers, artists, programmers, choreographers, and translators. [Cases: Copyrights and Intellectual Property 41(1).] 2. One from whom a right or […]
continuity of interest. 1. A doctrine covering acquisitive reorganizations whereby a target corporation’s share-holders must retain a share in the acquiring corporation to qualify the exchange as a tax-deferred transaction. 2. A judicial requirement for divisive reorganizations whereby a target corporation’s shareholders must retain an interest in both the distributing and the controlled corporations to
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Federal Labor Relations Authority. An agency that protects the right of federal employees to organize, engage in collective bargaining, and select their own union representatives. • It was established under Reorganization Plan No. 2 of 1978 and began operating in 1979. 5 USCA §§ 7101–7135. — Abbr. FLRA.
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interim dominus (in-t[schwa]r-im dom-[schwa]-n[schwa]s). [Law Latin] Hist. Proprietor in the meantime. • The feminine form is domina. “A widow is interim domina of terce lands after her service, and in virtue thereof may either possess them herself, or let them out to tenants.” John Trayner, Trayner’s Latin Maxims 286 (4th ed. 1894).
recapitalization, n. An adjustment or recasting of a corporation’s capital structure — that is, its stocks, bonds, or other securities — through amendment of the articles of incorporation or merger with a parent or subsidiary. • An example of recapitalization is the elimination of unpaid preferred dividends and the creation of a new class of
disorderly house. 1. A dwelling where people carry on activities that are a nuisance to the neighborhood. [Cases: Disorderly House 1. C.J.S. Disorderly Houses § 2.] 2. A dwelling where people conduct criminal or immoral activities. • Examples are brothels and drug houses. — Also termed (more narrowly) bawdy house; house of prostitution; house of
quietus (kwI-ee-t[schwa]s), adj. [Law Latin] Quit; acquitted; discharged, esp. from a debt or obligation, or from serving as an executor. • In England, this term was formerly used by the Clerk of the Pipe, in a discharge given to an accountant, usu. concluding with abinde recessit quietus (“hath gone quit thereof”), called quietus est. 2.
de dote unde nil habet (dee doh-tee [schwa]n-dee nil hay-bet), n. [Law Latin “of dower whereof she has none”] A writ ordering a tenant interfering with a widow’s right to dower to provide a reasonable dower. — Also termed writ of dower. “DE DOTE UNDE NIL HABET. This is a writ of right in its
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corporate acquisition 公司收购 指一公司通过购买对方股票或免税换股等方式对另一公司进行接管，交易完成后，双方都维持各自的法律人格。 (→leveraged buyout; reorganization; takeover bid; merger)
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