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court of equity |
Also found in: Wikipedia | 0.03 sec. |
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court of equity n. originally in English common law and in several states there were separate courts (often called chancery courts) which handled lawsuits and petitions requesting remedies other than damages, such as writs, injunctions, and specific performance. Gradually the courts of equity have merged with courts of law. Federal bankruptcy courts are the one example of courts which operate as courts of equity. (See: equity, chancery, court of law) |
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Since its scope is not explicitly restricted to business--only cases--or, for that matter, any other cases its role as an equity court removes from its jurisdiction nonbusiness cases that seek money damages. A study on school-based management in 30 of New Jersey's poorest districts (referred to as Abbott Districts owing to the long-running equity court case) discovered genuine autonomy at the local level has been usurped by an intensification in state power and authority. MYTH: School finance adequacy lawsuits are a straightforward extension of equity court cases. |
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