common law

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com·mon law

(kom'ŏn law)
A system of law based on custom, tradition, and court decisions rather than on written legislation.

common law

A system of law that originated in medieval England and is based on former legal decisions (precedent) and custom, not on legislation. Common law constantly evolves from previous decisions and changing custom. It forms the basis of the legal system in the U.S. (except Louisiana), the U.K. and most other English-speaking countries and is therefore the most frequent source of legal precedent for malpractice cases.
See also: law
References in periodicals archive ?
Sony hereby announces the results of the transfer of the common shares held by Sony to Olympus (the 'Transfer'), as follows.
The Charter of Allah as ordained in the Holy Quran, in fact, fully protects a common man.
The company has provided the underwriters with a 30-day option to purchase up to an additional 1,363,636 shares of common stock and/or common warrants to purchase up to 1,363,636 shares of common stock, at the public offering price, less discounts and commissions.
The aggregate purchase price for the common shares was USD25,329,229.
He said Common Ground will introduce a new and an expanded role for coworking spaces in the country, emphasizing they will establish a very wide network lifestyle among the Common Ground members.
Net income available to common shareholders was $194.8 million, or $2.62 per diluted common share, for the nine months ended September 30, 2018 compared to $179.6 million, or $2.55 per diluted common share, for the same period in 2017.
The company has issued public offering of 18,000,000 shares of its common stock (or common stock equivalents) and common stock warrants to purchase up to an aggregate of 18,000,000 shares of common stock.
Prior to such acquisition, the acquirors together held 28,280,172 common shares representing approximately 19.68% of the issued and outstanding common shares (the 17,370,695 common shares held by Wilks LLC representing approximately 12.09% of the issued and outstanding common shares and the 10,909,477 common shares held by the Wilkses representing approximately 7.59% of the issued and outstanding common shares).
Common Cornelia is the company's first home in Queens, while Common Lincoln marks its seventh in Brooklyn, where Common launched in 2015.
Alvarez attended the House of Representatives transportation committee and scolded Transportation Undersecretary for the rail sector Cesar Chavez for still pushing through with the memorandum of agreement (MOA) for a common station between SM North and TriNoma that would link Metro Rail Transit-3 (MRT-3) and Light Rail Transit-1 (LRT-1).
This compares to net income applicable to common shareholders in the fourth quarter of 2014 of USD209 million, or USD0.18 per diluted common share, or USD667 million, or USD0.58 per diluted common share, adjusted for litigation and restructuring charges, offset by the benefit primarily related to a tax carryback claim.
Based on the number of Compuware shares outstanding and shares deliverable under RSUs as of October 20, 2014, holders of Compuware common stock will receive 0.14025466 shares of Covisint common stock in the distribution with respect to each outstanding share of Compuware common stock they own at the close of business on the record date, and holders of RSUs will receive 0.14025466 shares of Covisint common stock in the distribution with respect to each share of Compuware common stock deliverable under the RSUs they hold at the close of business on the record date.

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