Equity, Trusts and Fiduciary Doctrines

Subrogation is the assumption by a third party (a subrogee, such as a second creditor or an insurance company) of another party (a subrogor)'s legal right to collect debts or damages.

In non-criminal matters, the clean hands doctrine, also called the unclean hands doctrine or dirty hands doctrine, states that a party is required to be free of wrongdoing (come with "clean hands") if it wants the court to issue a ruling in their favour.

In common law jurisdictions, marshalling is an equitable doctrine applied in the context of lending.

In law, particularly in common law jurisdictions, equity is the body of law that historically developed in the English Court of Chancery, which created a set of equitable doctrines distinct from the rest of English common law.

A fiduciary is a person who holds a legal or ethical relationship of trust with one or more other parties (legal person or group of persons).

An injunction is an equitable remedy in the form of a special court order compelling a party to do or refrain from doing certain acts.

An irreparable injury is, in equity, "the type of harm which no monetary compensation can cure or put conditions back the way they were."

A personal injury trust is a legal term of art in the modern English law of trusts and is also applicable, where relevant, to Wales, Scotland and Northern Ireland.

A plea in equity, in the common law, is a statement of facts raised by a defendant which operates as a defense to an equitable claim raised by the plaintiff.

A trust is a legal relationship in which the owner of property, or any transferable right, gives it to another to manage and use solely for the benefit of a designated person.