Lawsuits Stocks List
Symbol | Grade | Name | % Change | |
---|---|---|---|---|
LIT | B | Litigation Capital Management Limited | -0.46 | |
BUR | C | Burford Capital Limited | -2.30 |
Related Industries: Asset Management Credit Services
- Lawsuits
A lawsuit is a proceeding by a party or parties against another in the civil court of law.
The archaic term "suit in law" is found in only a small number of laws still in effect today, such as the Eleventh Amendment to the United States Constitution.
The term lawsuit is used in reference to a civil action brought in a court of law in which a plaintiff, a party who claims to have incurred loss as a result of a defendant's actions, demands a legal or equitable remedy. The defendant is required to respond to the plaintiff's complaint. If the plaintiff is successful, judgment is in the plaintiff's favor, and a variety of court orders may be issued to enforce a right, award damages, or impose a temporary or permanent injunction to prevent an act or compel an act. A declaratory judgment may be issued to prevent future legal disputes.
A lawsuit may involve dispute resolution of private law issues between individuals, business entities or non-profit organizations. A lawsuit may also enable the state to be treated as if it were a private party in a civil case, as plaintiff, or defendant regarding an injury, or may provide the state with a civil cause of action to enforce certain laws.
The conduct of a lawsuit is called litigation. The plaintiffs and defendants are called litigants and the attorneys representing them are called litigators. The term litigation may also refer to a Criminal procedure.
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