LGLS 1101 Lecture Notes - Lecture 20: Lady Gaga, Limited Liability, Complete Control
Document Summary
Remedies in equity adequate remedy at law does not exist: injunction. Mandatory injunction a court order directing a person to do something. Ex: court order for striking employees to go back to work: school employees. Prohibitory injunction a court order directing a person to refrain from doing something. Someone has gotten rich at your expense. Damages are determined by the defendant"s gain. Ex: property b pumping oil from oil reserve that is mostly on. Reformation when written agreement fails to express real agreement of the parties. Ex: mistake in price in real estate agreement. Recission asking the court to tear up the contract and return the parties to status quo. Declaratory judgment determination of a person"s legal rights; Ex: proceeds of a life insurance policy left to my wife instead of a specific person. Specific performance force party to go through with contract; Goods must be unique; can"t force people to work.
