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GLOSSARY
The trade secrets of an employer that are normally protected as registered trade marks, designs or copyright.
GLOSSARY
The general lien of bankers is part of the law merchant and it refers to the right of a banker to retain the subject matter of the lien until an indebtedness of the customer is paid or discharged.
GLOSSARY
Sounds in is a descriptive legal expression indicating the nature of a claim or remedy, typically followed by “damages”, “equity”, “contract”, “tort” or “delict”. For example, a claim that “sounds in damages” is one where the primary remedy sought is monetary compensation, rather than specific performance, injunction, restitution or a declaration.The phrase is not usually defined in legislation or rules of court in England & Wales, Scotland, Northern Ireland or Ireland; it appears mainly in case law, pleadings, skeleton arguments and academic commentary. It is used to classify a cause of action by reference to its remedial character, which can affect jurisdiction, limitation, procedure, available defences and appeal routes.Usage is broadly consistent across the UK and Ireland, with Scots law often referring to obligations ex contractu or ex delicto/delict while still using “sounds in damages” to describe claims seeking a money award. In practice, identifying whether a claim “sounds in damages” or in some other remedy is important for drafting particulars of claim, defences, counterclaims and assessing litigation risk, settlement value and insurance coverage.
GLOSSARY
An agricultural lien is a security interest over agricultural products, livestock or related proceeds, granted to secure payment of a debt arising from farming activities (for example, loans, supplies, services or rent). In legal practice it describes any charge or encumbrance over a farmer’s crops, animals, machinery or farming inputs, whether created by contract, statute or common law.In the UK and Ireland the expression is descriptive rather than a uniformly defined statutory term. The underlying rights will usually arise under general security law (for example, fixed and floating charges, pledges or liens), retention of title clauses, or specific statutory regimes affecting agricultural produce and co‑operative marketing.Key issues for practitioners include: attachment and perfection/creation of the security; priority against other secured creditors and landlords; interaction with insolvency, bankruptcy or sequestration; and enforceability on sale or slaughter of livestock or harvest of crops.Usage is broadly consistent across England & Wales, Scotland, Northern Ireland and Ireland, but the detailed rules differ: for example, Scotland’s law of moveable security and landlord hypothec, and Ireland’s Companies Act and agricultural charges practice. Careful jurisdiction‑specific analysis is required when drafting, registering or enforcing an agricultural lien.
GLOSSARY
Laches is an equitable defence arguing that a claimant has delayed unreasonably in enforcing a right and that this delay makes it unjust to grant the remedy sought. In practice, it allows a defendant to resist equitable relief (such as an injunction, specific performance or rescission) where the claimant’s undue delay has caused prejudice or changed circumstances.Laches is developed and explained primarily through case law rather than statute. Courts typically consider (1) the length of the delay, (2) the reasons for it, and (3) whether the defendant or third parties have suffered detriment, for example through reliance, loss of evidence, or altered position.In England and Wales and Northern Ireland, laches operates within the wider law of equity alongside statutory limitation periods; it may bar equitable relief even where a claim is issued within the limitation period. In Ireland, the doctrine is similarly recognised in equitable proceedings, particularly in property, trust, and contract disputes. Scotland does not use the terminology of laches, but analogous concepts exist through mora, taciturnity and acquiescence, which can bar claims where there has been unreasonable delay and apparent acceptance of the status quo.
GLOSSARY
A security agreement is a contract under which a borrower or other obligor grants a security interest over assets in favour of a lender or other secured party to secure payment or performance of obligations. In practice it sets out the collateral, the secured obligations, creation of the security (for example, fixed and floating charges in England and Wales and Northern Ireland, or standard securities and fixed/floating charges in Scotland, or charges in Ireland), and the enforcement rights on default.The expression “security agreement” is descriptive rather than a defined legislative term in the UK and Ireland, though it is commonly used in finance documents and commentary. It typically appears as a standalone debenture or charge, or as a schedule or section within a wider facility agreement.Key issues for practitioners include validity and attachment/creation of the security, perfection (for example, Companies House or CRO registration, and in Scotland delivery or registration in appropriate registers), priority against competing creditors, and insolvency outcomes. Usage is broadly consistent across England and Wales, Scotland, Northern Ireland and Ireland, although the underlying security devices and registration regimes differ by jurisdiction.
GLOSSARY
A rebate is a return of part of a payment, premium, fee or price, usually where more has been paid than is ultimately due, or where a contractual or statutory right to a refund or discount arises. In legal practice across England & Wales, Scotland, Northern Ireland and Ireland, “rebate” is a descriptive commercial and regulatory term, rather than a single, uniformly defined legal concept.Rebates commonly arise in contracts (for example, volume or loyalty rebates in supply agreements), financial services (such as rebated commissions or fees), insurance (premium rebates), consumer law (refunds or price reductions) and tax (repayment of overpaid tax or statutory rebates). Their availability and calculation are governed by the relevant contract terms, sector‑specific regulation and, where applicable, consumer protection or tax legislation.Key legal issues include: whether the rebate is discretionary or contractual; conditions precedent to entitlement; how and when the rebate is calculated and paid; interaction with anti‑bribery, competition and inducement rules; and tax treatment. Courts will interpret rebate clauses using ordinary contractual principles in each jurisdiction, with broadly consistent approaches to construction, unfair terms and unjust enrichment.
GLOSSARY
A conclusion of fact is a finding made by a judge, tribunal or jury about what actually happened, based on the evidence and inferences drawn from it. It distinguishes factual determinations (for example, whether a contract was signed, whether a statement was made, or whether a party was negligent) from conclusions of law, which apply legal rules to those facts.The expression is primarily a descriptive term used in judgments, pleadings and legal argument, rather than a defined statutory concept. Across England and Wales, Scotland, Northern Ireland and Ireland, the usage is broadly consistent: appellate courts generally treat conclusions of fact with deference and will only interfere where there is a material error, no evidence, or the conclusion is plainly wrong or irrational.In civil and criminal litigation, identifying which parts of a judgment are conclusions of fact is critical for framing grounds of appeal, assessing prospects of success, and advising clients. In written submissions, practitioners often distinguish between primary facts, inferences from those facts, and mixed questions of fact and law, all of which can affect the standard and intensity of appellate review.
GLOSSARY
Primary liability refers to the direct legal responsibility of a person or entity for a wrongful act or omission, so that they are themselves liable to the claimant, rather than being liable only because of another’s conduct (as with vicarious or accessory liability). In practice, it is the liability of the main wrongdoer or contracting party, as opposed to someone whose responsibility is secondary, contingent or derivative. The term “primary liability” is descriptive rather than a defined statutory term, but it is widely used across civil, commercial and criminal law in the UK and Ireland, including in contract, tort/delict, misrepresentation, company law and financial regulation. Key issues include identifying who owes the relevant duty, who breached it, and whether any third party (for example, an employer, director, guarantor or accessory) is also liable. Distinguishing primary from secondary or vicarious liability affects available remedies, contribution claims, insurance coverage and limitation analysis. Usage is broadly consistent across England and Wales, Scotland, Northern Ireland and Ireland, though the supporting doctrines (such as delict in Scots law and specific statutory regimes) may differ.
GLOSSARY
Capital investment refers, in legal and commercial practice, to monies or assets committed to acquire, improve or create long‑term business assets, such as property, plant, equipment, or interests in companies or joint ventures. It is typically distinguished from working capital or day‑to‑day operational expenditure.The term is widely used in company law, corporate finance, real estate, energy and infrastructure projects, and private equity transactions, but is generally a descriptive expression rather than a term with a single, fixed statutory definition. Its precise meaning is usually determined by the relevant contract (for example, a shareholders’ agreement, investment agreement, facility agreement or project finance document) and by applicable accounting and tax rules.In England and Wales, Scotland, Northern Ireland and Ireland, usage is broadly consistent. In all four jurisdictions capital investment is central to issues such as: directors’ duties when approving major expenditure; corporate governance and disclosure; classification of expenditure for corporation tax and capital allowances; funding structures (equity vs debt); security and priority in insolvency; and regulatory approvals for infrastructure and real estate development.
GLOSSARY
Specific performance is a court order requiring a party to perform their precise obligations under a contract, rather than merely paying damages for breach. It is an equitable (England & Wales, Northern Ireland, Ireland) or equitable‑type (Scotland) remedy, used where damages would be inadequate, for example in contracts for land, unique goods, share transfers, or certain commercial agreements.Across the UK and Ireland it is generally a discretionary remedy, shaped largely by case law rather than detailed statutory definition. Courts consider factors such as certainty of terms, mutuality, supervision difficulties, undue hardship, and the conduct of the parties. It is normally unavailable for contracts of personal service or where performance has become impossible or unlawful.In Scotland, specific implement serves a similar function, compelling performance of contractual or statutory obligations, with a slightly more “as of right” character, though still subject to judicial control. In England & Wales, Northern Ireland and Ireland, specific performance is traditionally treated as exceptional and will only be granted where it is just and equitable to do so.
GLOSSARY
The statute which enshrines the principle of adjudication in the construction industry