Tag: court
General Order (GO)
What is 'General Order - GO' A status given to imported goods that are missing the proper documentation or are not quickly...
Tax Court
What is 'Tax Court' A specialized court of law that hears and adjudicates tax-related disputes and issues. The tax court in the...
Dead Hand Provision
What is 'Dead Hand Provision' A stipulation on a defense mechanism (or poison pill) used by companies in order to protect against...
Dawn Raid
DefinitionA police raid is a visit by police or other law enforcement officers often in the early morning or late at night, with the...
Ultra Vires Acts
What is 'Ultra Vires Acts' Any act that lies beyond the authority of a corporation to perform. Ultra Vires acts fall outside...
Unauthorized Insurer
There are a lot of risks associated with working with an unauthorized insurer. In fact, it's often a bad idea to do so. However,...
Uberrimae Fidei Contract
What is 'Uberrimae Fidei Contract' A legal agreement requiring the highest standard good faith. "Uberrimae fidei" or "uberrima fides" is Latin for...
James H. Clark
DefinitionJames Henry Clark is an American entrepreneur and computer scientist. He founded several notable Silicon Valley technology companies, including Silicon Graphics, Inc., Netscape Communications...
Jerome Kerviel
DefinitionJérôme Kerviel is a French trader who was convicted in the 2008 Société Générale trading loss for breach of trust, forgery and unauthorized use...