Glossary Archive

Subrogation Subrogation is a legal principle that allows one party to step into the shoes of another party to pursue a claim or remedy. It is commonly used in insurance and finance, where an insurer who has paid a loss to an insured party can seek reimbursement from a third party that caused the loss....

Subrogation Waiver Clause A Subrogation Waiver Clause is a provision commonly included in contracts, particularly in insurance policies and construction agreements, that prevents an insurer from seeking reimbursement from a third party for claims it has paid. This clause effectively waives the insurer's right to "subrogate," which means to step into the shoes of the...

Substantive Arbitration Rules Substantive Arbitration Rules refer to the set of principles and guidelines that govern the process and outcomes of arbitration proceedings. These rules are essential as they dictate how the arbitration is to be conducted, including the powers of the arbitrators, the procedures for presenting evidence, and the criteria for making decisions. These...

The Successor Guardian Appointment refers to a legal arrangement in which an individual is designated to serve as a guardian for a minor child or an incapacitated adult in the event that the initially appointed guardian can no longer fulfill their duties due to death, incapacity, relocation, or other reasons. In the context of estate...

A Successor Personal Representative is an individual or entity appointed to take over the responsibilities of a personal representative when the original personal representative is unable or unwilling to continue in that role. This may occur due to various reasons, including the death, resignation, removal, or incapacity of the initial personal representative. In the context...

Arbitration Arbitration is a method of resolving disputes outside of the traditional court system. It involves one or more neutral third parties, known as arbitrators, who are selected by the disputing parties to make a binding decision on the matter in question. Arbitration is commonly used in commercial disputes, employment issues, and consumer disputes, where...

Arbitration Decision Enforcement Arbitration Decision Enforcement refers to the process by which a party seeks to have an arbitration award recognized and enforced by a court. Arbitration is a method of resolving disputes outside of the traditional court system, where an arbitrator or a panel of arbitrators makes a binding decision on the matter. Once...

Summary Judgment Summary Judgment is a legal procedure utilized in civil litigation that allows a party to obtain a judgment in their favor without the need for a full trial. This occurs when one party contends that there are no genuine disputes of material fact relevant to the case, and thus, they are entitled to...

Summary Jury Trial A Summary Jury Trial is an informal legal proceeding that allows parties in a dispute to present their case to a jury in a condensed format. This process is typically used in civil litigation as a method of alternative dispute resolution. The Summary Jury Trial aims to provide the parties with a...

Probate Probate is the legal process through which a deceased person's estate is administered and distributed according to their will or, if no will exists, according to state laws. This process involves validating the deceased’s will, if one is present, appointing an executor or personal representative, settling debts and taxes, and distributing the remaining assets...