Legal Dictionary of Pakistan

Quick lookup for English, Urdu, and Latin legal terms used in Pakistani jurisprudence.

Suitor

1 A party that brings a lawsuit; a plaintiff or petitioner. 2. An individual or company that seeks to take over another company.

Suitors' Deposit Account

An account consisting of suitors' fees paid in the Court of Chancery that, by the Chancery Act of 1872, were to be invested in government securities bearing interest at 2% per annum on behalf of the investing suitor, unless the suitor directed otherwise.

Suitors' Fee Fund

Hist. A fund consisting largely of fees generated by the Court of Chancery out of which the court officers' salaries and expenses were paid. ( In 1869 the fund was transferred to the Commissioners for the Reduction of the National Debt. suit papers See COURT PAPERS.

friendly suitor

See WHITE KNIGHT.

saving-to-suitors clause

Maritime law. A federal statutory provision that allows a party to bring suit in either state or federal court, but requires both courts to apply federal substantive law. - Also termed saving clause. 28 USCA § 1333(1).

unfriendly suitor

See CORPORATE RAIDER.