Equity developed in reaction to the excesses of common law. As a result of this, it’s principles are quite ad-hoc. Meaning that they were made as circumstances dictated. The closest thing to guiding principles for equity are the maxims of equity. Read More…
Tag: Common Law and Equity
Meaning and Historical Evolution of Equity
The Meaning of Equity
In normal parlance, equity means justice and fairness. In the legal world, equity means this and much more. All legal systems all over the world, over the ages, have always had a concept of equity embedded in their administration of justice. The Civil Law jurisdictions of Europe inherited the Roman Legal system. Read More…