Glossary Archive

C Corporation A C Corporation is a legal structure for a corporation in which the owners, or shareholders, are taxed separately from the entity. This structure allows for the corporation to be treated as a distinct legal entity from its owners. C Corporations are subject to corporate income tax, which is levied on the corporation’s...

Capital Contribution A capital contribution refers to the monetary or asset investment made by an owner or partner into a business entity, such as a corporation or a partnership. This contribution can take various forms, including cash, property, or other assets, and is intended to fund the operations, development, or expansion of the business. In...

Capital Gains Tax Exemption A Capital Gains Tax Exemption refers to a provision in tax law that allows individuals or entities to exclude certain capital gains from taxation. Capital gains are the profits realized from the sale of assets or investments, such as real estate, stocks, or bonds, when the selling price exceeds the purchase...

Capital Lease Agreement A Capital Lease Agreement is a long-term lease arrangement that allows the lessee (the party leasing the asset) to gain a significant portion of the benefits and risks of ownership of the leased asset without actually owning it. This type of lease is often treated as a purchase for accounting purposes, meaning...

Capital Markets Dispute Arbitration Capital Markets Dispute Arbitration refers to the process of resolving disputes that arise in the context of capital markets through arbitration rather than traditional litigation. This mechanism is particularly relevant for issues involving securities, investments, and other financial instruments traded in capital markets. Arbitration in this context typically occurs when parties...

Carve-Out Guaranty A Carve-Out Guaranty is a specific provision often included in commercial real estate financing agreements, particularly in loans secured by income-producing properties. It serves as a limited guarantee where the guarantor agrees to cover certain specified financial obligations of the borrower, typically in the event of default, while excluding other potential liabilities. In...

Estate Planning Estate planning is the process of arranging for the management and disposal of a person's estate during their life and after death. This process involves the anticipation of potential incapacity and the orderly distribution of assets to beneficiaries while minimizing taxes and other expenses. An effective estate plan typically includes a variety of...

Case Management Conference A Case Management Conference (CMC) is a meeting between the parties involved in a legal dispute and the judge or a court official, held to discuss the progress of a case and to set timelines for future proceedings. CMCs are typically scheduled in civil litigation, including family law and probate matters. The...

Caucus in Mediation A caucus in mediation refers to a private meeting between a mediator and one party involved in a dispute, separate from the other party or parties. This process is an important aspect of mediation, as it allows for confidential discussions where parties can express concerns, negotiate terms, and explore solutions without the...

Causation in Dispute Resolution Causation in dispute resolution refers to the relationship between a party's actions or omissions and the resulting harm or damages claimed in a legal dispute. It is a critical element in many types of legal cases, including torts, contracts, and various forms of litigation, as it helps establish liability. Causation is...